New Homestead Exemption Texas 2025. In june 2024, tarrant county increased its homestead exemption. Texas has a new homestead exemption audit requirement for homeowners.

After the change in the homestead exemption amount, your 2023 hypothetical homestead taxes would be based on $300,000 ($400,000 minus $100,000). You have a qualified homestead exemption in place on your property, so the homestead cap limitation would result in an appraised value for 2025 to be $110,000, which is a 10% increase.