Property tax exemptions

All exemptions on property taxes in Dallas County are filed with the Dallas Central Appraisal District. To get information about applying for an exemption(s), homeowners should contact the DCAD at 214-631-0910 or visit their website at http://www.dallascad.org/.

Homestead exemptions

All homeowners in the district are eligible for a $25,000 homestead exemption. This subtracts $25,000.00 from the value of their home before property taxes are figured.

Over 65 senior citizen homestead exemptions

When GISD homeowners turn 65, they will qualify immediately for the over 65 homestead exemption.

Example:

  • Citizen turns 65 on July 1, 2016
  • Citizen applies for the exemption on July 1, 2016
  • $10,000 additional homestead exemption will be applied the year you or your spouse turns 65 years of age, you are not eligible until your 65th birthday but it will be retroactive to January 1 of the tax year.

Regardless of future tax rate increases, the tax levy can never escalate beyond the ceiling dollar amount. If decreases in property value, tax rate declines, or change in exemptions cause the tax levy to fall below the ceiling amount, the over 65 taxpayer will pay the lower tax bill.

Should a senior citizen/homeowner choose to make improvements to their property that increase the square footage, (example: adding a workshop) the tax levy will be affected.

It is important to note that each school district in the area has their own method of figuring senior citizen exemptions.

NOTE: We have encountered a great deal of confusion when patrons eligible for the senior citizen exemptions compare their tax bills with that of their neighbors. When there are differences, please consider these things:

  • When did your neighbor become eligible for the senior citizen exemption? If they or a spouse turned 65 before you did, they probably became eligible at a time when the tax rate was lower then when you became eligible.
  • Does your home have the same appraised value as your neighbor? A home with a higher appraised value will also have a higher taxable value.
  • Have you made improvements to your home since becoming eligible? This would affect the appraised value and, depending on when you made the improvements, may affect the tax levy.

Disability exemptions

A disabled person is entitled to an additional $10,000 exemption on the value of their home before taxes are figured. A disabled person is defined as someone who is receiving 100% disability benefits from Social Security.

Disabled veterans

Veterans who have been disabled are eligible for tax exemptions based on the level of disability. They are:

  • 10-30% Disability: $5,000.00
  • 31-50% Disability: $7,500.00
  • 51-70% Disability: $10,000.00
  • 71-99% Disability: $12,000.00
  • 100% Disability: Totally Exempt