Homestead Exemptions
Filing your residential homestead exemption is a great chance for homeowners to combat Texas property taxes as well as reducing financial stress. This opportunity is available to owners who live in their home and are not renting it out.
Filing this exemption is free of charge and simple for you to complete on your own. Benefits can include hundreds, sometimes thousands of dollars in tax savings per year plus prevent your assessed value from increasing more than 10% annually!
Below, we have compiled the proper form for each DFW County.
Collin County
Dallas County
Denton County
Tarrant County
Hunt County
Kaufman County
Johnson County
Parker County
Texas Homestead Exemption Calculator
Important: In the DFW Metroplex, homestead exemptions vary by jurisdiction. School districts always offer $140,000 in exemptions (includes mandatory state + local ISD amounts). Some cities offer optional exemptions (Plano: $40k, Frisco: $80k, Richardson: $160k), and Collin County offers $30,000 over-65 and $20,000 disability exemptions.
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Tax Breakdown by Jurisdiction
Your Annual Tax Savings
$0
with homestead exemption
💡 Key Things First-Time Buyers Should Know
- School districts provide the largest exemptions (~$140k total in most DFW areas)
- *Many DFW cities offer optional exemptions ($0-$160k varies by city)
- **County and college exemptions typically require age 65+ or disability status
- Homestead exemption lowers the taxable value, not the tax rate
- You must file for homestead between January 1 and April 30
- The exemption won't reduce escrow immediately unless filed early
- Actual exemptions vary significantly by city - check your local appraisal district
Disclaimer: This calculator provides estimates for informational purposes only and is based on typical tax distributions. Actual property taxes and exemptions vary by location, taxing authority, and homeowner eligibility.
LISTINGS
Where are lowest property taxes in North Texas?
There are a lot of things to consider when you’re looking for a new place to live, and property taxes are probably among those you enjoy thinking about the least. Several of the cheapest property tax rate cities are right here in Dallas-Fort Worth! If Property taxes here in Texas are weighing on you, then read below!
Here is the list of top DFW-area suburbs with the lowest total property tax rates, in order from low to high:
1. Flower Mound - 2.08%
2. Lewisville - 2.08%
3. University Park - 2.10%
4. Roanoke 2.10%
5. Frisco - 2.18%
6. Plano - 2.18%
Here are the five DFW-area suburbs with the highest property tax rates, in order from high to low:
1. Grand Prairie - 2.92%
2. Rowlett - 2.89%
3. Dallas - 2.71%
4. Irving - 2.68%
5. Richardson - 2.67%