The Texas housing market has experienced an unprecedented increase in appraisal values in recent years, particularly during the 2020-22 boom. As a result, homeowners have been feeling the pressure of rising property taxes. In the most recent election, Texas voters passed Proposition 13, which increased the homestead tax exemption for school districts from $100,000 to $140,000 — an increase that was seen in the 2026 property tax bills sent out recently. It doesn’t affect the taxes tied to other entities such as cities and counties.
Full article here: $140K homestead tax exemption offers relief
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