What is the value of the disability exemption?

Get more with Examzify Plus

Remove ads, unlock favorites, save progress, and access premium tools across devices.

FavoritesSave progressAd-free
From $9.99Learn more

Prepare for the Texas Real Estate Principles 1 Test. Utilize flashcards and multiple choice questions with detailed explanations for each question. Boost your confidence and ace your exam!

The disability exemption in Texas provides a reduction in the appraised value of a property for homeowners who are disabled. This exemption is designed to assist individuals with disabilities by lowering their property tax burden. In Texas, the value of the disability exemption is specifically set at $10,000, which means that qualifying homeowners can reduce their property's appraised value by this amount when calculating property taxes. This exemption not only helps in financial relief but also acknowledges the additional challenges that come with disabilities. The amount reflects a significant benefit aimed at improving the equitable treatment of disabled homeowners in the real estate market.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy