An over 65 also establishes a freeze ceiling, once you reach that ceiling your taxes will not increase unless you add to your home. So market may increase but your freeze will remain the same.. (taxes)..
Over 65 Exemption: In addition to the $25,000exemption that all homestead owners receive, those age 65 or older qualify for a $10,000 homestead exemption for school taxes. You may apply to your local appraisal district for up to one year after the date you become age 65 or up to one year after the taxes are due.May 17, 2016 Your Guide to Property Tax Exemptions for Seniors in Texas ...
Is 10 acres the amount of land needed to farm exempt?
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