Property Taxes, Exemptions, and What You Should Know

Property taxes are part of life here in Texas—but understanding them can help you plan ahead and even save money.

Each county in North Central Texas—like Erath, Hamilton, and Hood—sets its own tax rate, which is a combination of city, county, school district, and special district taxes. Rates can vary, but they all go toward maintaining our schools, roads, and community services.

Here’s what every homeowner should know:

• Homestead Exemption: If your home is your primary residence, you may qualify for a significant tax reduction. It’s one of the easiest ways to lower your annual bill.
• Over-65, Disabled, or Veteran Exemptions: These can offer even more savings. It’s worth checking if you or a family member qualifies.
• Protesting Your Appraisal: If your property value jumps unexpectedly, you have the right to appeal. A Realtor familiar with local trends can help you prepare solid evidence.

Property taxes can feel complicated, but they don’t have to be confusing. I always encourage homeowners to keep a calendar reminder to review their appraisal notices each spring

A few proactive steps can make a big difference—and ensure you’re not paying more than your fair share. If you’d like to review your property’s current value or exemptions, I’m happy to help you navigate the details.

Because smart homeowners don’t just own property—they understand it.

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