Texas state tax has pros and cons. The statewide sales tax rate of 6.25% is a bit ... partially due to an increase to the state's homestead exemption. Texas Property Tax Breaks for Retirees ...

Homeowners or prospective buyers in Texas probably have heard of ... the “Application of Residential Homestead Exemption” — or Property Tax Form 50-114 — from your local appraisal district.

A Texas Senate bill to raise the homestead exemption and provide relief to the state's property taxpayers quickly passed out of committee Tuesday.

Proposals to cut property taxes by raising the Texas homestead exemption to $140,000 cleared a key hurdle when a bipartisan ...