Home Buying in Sharpstown>Question Details

Raphael Lui, Home Buyer in Saint Louis County, MO

Lovely house, tax is a bit steep. Is there any tax break for senior citizens (>65)? Thanks

Asked by Raphael Lui, Saint Louis County, MO Sun Feb 13, 2011

Help the community by answering this question:


Yes there is!!!! you will need to go to http://www.hcad.org to see for more details. Please feel free to contact me with any questions that you may have in regards to mortgage options that may be available to you as I am a mortgage banker. Have a great day!

Jay Abeya
Mortgage Banker
K&G Capital Mortgage a div. of InterLinc Mortgage Services
832-813-0100 ext 332 office
832-524-3842 cell
713-862-4554 fax
Web Reference: http://www.kgcm.com
1 vote Thank Flag Link Mon Feb 14, 2011
Hi, Raphael.
As you have heard there are many tax incentives available. To see what/if any exemptions are currently being included at the address (therefore giving you confirmation that it can be lowered), you should look it up in the county's appraisal district. I would be happy to look it up for you, but Harris County's appraisal district website is: http://www.hcad.org, if you want to check it out. Just select 'address' in the top right search field. Any current exemptions will be noted.
Also, remember, TX is not charge income tax. For this reason, property taxes are higher.
Feel free to contact me with any more questions.
Best to you and your family!
Web Reference: http://www.har.com/sboon
0 votes Thank Flag Link Mon Feb 14, 2011
Confer with the county tax office

YES 65 + should receive a tax break

Proof of age and etc. required

Lynn911 Dallas Realtor & Consultant, Loan Officer, Credit Repair Advisor
The Michael Group - Dallas Business Journal Top Ranked Realtors
0 votes Thank Flag Link Mon Feb 14, 2011

As you can see, there are big tax breaks for senior citizens. One thing not mentioned was the county accessed value of the home gets "frozen" when you file your 65 and over homestead exemption with the county. It will not change as long as you own the home. This allows you to know your property tax bills will stay about the same for years to come.

Say in 10 years, the value of your home has gone up 10%-20%, your tax bill (which is about half of someone without a over 65 exemption) remains the same saving you more money.

I noticed your coming in from Missouri. Keep in mind in Texas, there are no state income tax or personal tax on your personal items. When you compare all taxes here to all taxes there...they are about the same. So don't let the higher property taxes scare you...there are other taxes you are NOT paying here.

It is 70 and sunny today in Houston. Come on down and let us show you this home as well as others.

Good Luck!

Mark McNitt
Bernstein Realty
m 832-567-4357
0 votes Thank Flag Link Mon Feb 14, 2011
Well the other Realtors answered your question before I could but YES! There are lots of advantages when you are a senior citizen when purchasing a home. I have represented senior citizens who were given a break on the school taxes, if you are disabled their is another tax break, the homestead exemption is another break if the home is your primary residence. Yes for more detailed information visit the http://www.HCAD.org website. Have an awesome day!
0 votes Thank Flag Link Mon Feb 14, 2011
Hi Raphael,

Yes, Texas offers numerous homeowner expemptions and over 65 is one of them that is pretty substantial. Here is a list of all the exemptions - http://www.hcad.org/forms/default.asp?form=7

We also offer a Homestead Exemption which saves homeowners quite a bit per year as well, but it must be your only primary residence - you can only exempt one.

If you need assistance relocating to our great city, please click on my photo! Good Luck and Happy Valentine's Day
0 votes Thank Flag Link Mon Feb 14, 2011
Hello Raphael,

Yes, there are additional exemptions for those over 65 in addition to the tax exemption. Here is a great source of information directly from HCAD. Just click the link below. If you aren't currently working with a Realtor, I'd be more than happy to represent you as a buyer's agent. I can help to negotiate the best terms and best price for this home, and I'd also be happy to assist in filing the tax exemption papers when the time comes. Feel free to give me a call or send me an email anytime. Thank you, and have a beautiful day.



Brandon Newton
Green Dawn Realty
Office 281.894.5500
Cell 713.890.9108
0 votes Thank Flag Link Mon Feb 14, 2011
Yes, there is a tax break for senior citizens as well as a homestead deduction which would also help.
0 votes Thank Flag Link Mon Feb 14, 2011
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