The City of Houston Property Tax Exemptions
Houston property owners are subject to one of the highest property tax rates in the country. In many other large cities, state income taxes help fund infrastructure and services. With Texas being a state with no state income tax, property owners in cities like Houston shoulder more than their fair share of the tax burden. It's not uncommon for Houston homeowners to struggle with paying their property taxes, although the city does offer exemptions and deferrals that provide some tax relief:
- A 20-percent homestead exemption for all homeowners.
- A 15% exemption on school district taxes for individuals who qualify for a homestead exemption.
- A $10,000 over-65 school tax exemption for qualifying seniors.
- A $10,000 exemption for property owners who qualify as disabled with the Social Security Administration.
- Property tax deferrals for seniors and disabled individuals.
- A 100-percent exemption for disabled veterans whose disability is service-related.
- Property tax deferrals for active duty military personnel.
Houston Property Tax Information
In Houston, property taxes are assessed by the Harris County Appraisal District and collected by the Harris County Tax Office. The property tax payment deadline is January 31st, and interest and penalties start accruing on unpaid taxes on February 1st. The tax office can begin legal proceedings at any point after an individual becomes delinquent, and the property may be eventually sold at auction. Once the account is in the hands of an attorney, the balance is subject to an additional 20 percent penalty. Property owners can avoid legal action and a subsequent tax sale by paying the outstanding balance in full, or by arranging a Houston property tax loan through a reputable lender like Property Tax Funding.
Houston, population 2.1 million, is the largest city in Texas, and the nucleus of one of the fastest-growing urban areas in the nation. This world-class metropolis has a thriving and diverse economy that offers excellent employment opportunities. It's home to NASA's Johnson Space Center, the world-renowned Texas Medical Center, and an impressive array of cultural, retail, sporting and recreational options. It's easy to see why more than 31 million travelers visit annually and why so many choose to call Houston home.