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Prop Tax Question for those that own Rental prop in Dallas Cty

508 Views | 1 Replies | Last: 5 yr ago by Texas Ag Mom
Texas Ag Mom
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Value on my condo increased by 30% this year. Does the lack of a homestead exemption allow them to increase the value more than the 10% maximum?
752bro4
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AG
Quote:

There is no cost and the savings are substantial. Also, homeowners must have a homestead exemption to get the benefit of the 10 percent cap on future increases in value.
https://www.mysanantonio.com/news/article/Homestead-exemptions-offer-many-benefits-to-11146658.php
Texas Ag Mom
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Thanks! Grrrrrrrrrr.........
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