Two important propositions on the upcoming ballot could mean real property tax savings for Texas homeowners.
✅ Prop 13 raises the school district homestead exemption from $100,000 to $140,000, giving homeowners broad, visible tax relief.
✅ Prop 11 increases the additional exemption for elderly and disabled Texans from $10,000 to $60,000 - for a total of $200,000 in school district exemptions when both measures pass.
For a $400,000 home, that's roughly $400 a year in savings for most homeowners and about $900 for seniors or disabled Texans.
You can see how these updates could affect your taxes using our Property Tax Calculator at thegiffordgroup.net.
We'll update it with the new exemption amounts once the propositions pass!
Make your voice count - Vote FOR Prop 11 and Prop 13 and help keep Texas homeownership affordable.