Deerbrooke Community Info - Leander, TX
If this was your primary residence as of 1JAN, be sure to file for HomeStead exemption before the deadline (30Apr) to protect yourself from tax increases. This is a fairly simple process and can be done online.
FAQs,
Q: I bought my home in 2021, when am I eligible to file HomeStead exemption?
A: If this wasn’t your primary home as of 1JAN2021, you can’t file HomeStead exemption for the year 2021. Since it will be your primary home as of 1JAN2022,you can file HomeStead exemption for the year 2022. However you will be protected by 10% cap of property tax increase only in 2023.
Q: I bought my home in 2022, when am I eligible to file HomeStead exemption?
A: Effective 1JAN2022, a big change to Texas homestead exemptions was made. Even if it wasn’t your primary home as of 1JAN2022, you can still file HomeStead exemption for the year 2022 as long as it is your primary home in 2022. Check this link.
Although, benefits like $25k on “Leander ISD” taxes are effective immediately, the 10% property tax increase cap doesn’t become effective in 2023 due to this rule change. You still need to wait until 2024 for that to be effective. I am not an expert on this subject. So, do your own research before making any decisions based on this information.