There is no question that Texas takes care of her veterans and their families. One of the great benefits the state offers is a property tax exemption for service-connected disabled veterans and their surviving spouse. The amount of the tax exemption will depend on several factors, most importantly, the veteran’s disability rating and whether he or she is claiming it on their homestead or other personal property.
Veterans may qualify for the minimum personal property tax exemption if they have at least a 10% service-connected disability rating as determined by the U.S. Department of Veteran Affairs. With the personal property exemption, the assessed value of the property is reduced by a certain amount based on the veteran’s disability rating (please see the chart below). Once the exemption has been calculated, the veteran will pay property taxes on a lesser amount. For example: A veteran with a 10% disability rating and a home valued at $105,000 will pay property taxes on $100,000 once the exemption has been applied.
Disability Rating Reduction in Assessed Property Value
10% but less than 30% $5,000
30% but less than 50% $7,500
50% but less than 70% $10,000
70% or more $12,000
Veterans with a 100% service-connected disability rating may receive the maximum property tax exemption on their homestead. If the veteran qualifies for the 100% residential homestead exemption, he or she will not pay any property taxes on that homestead.
Under certain conditions, a surviving spouse may also be entitled to a tax exemption.
Several factors must be considered to determine the veteran or surviving spouse’s exemption. The Chief Tax Appraiser in each tax district is the one who will make the final determination on the amount of the exemption granted to the veteran or the surviving spouse. We urge all veterans who believe they may be eligible for a property tax exemption to either contact their tax appraisal district or the State of Texas Property Tax Assistance Division. You can also reach the Property Tax Assistance Division by calling 800-252-9121 or by email at firstname.lastname@example.org.
Tax Exemption Forms: Application for Residence Homestead Exemption and Application for Disabled Veteran’s or Survivor’s Exemption.
You served your country with honor and dignity and Texas wants to say thank you for your distinguished service and sacrifice.