Available Exemptions

 

Homestead Exemptions

Entity Code Description Local Option Pct Amount Granted
FMLRFARM ROAD20% (minimum $5,000)$3,000
GCOCRANE COUNTY20% (minimum $5,000)$0
HOSPHOSPITAL DISTRICT20% (minimum $5,000)$0
SCRCRANE ISDn/a$25,000
WTRCRANE WATER DISTRICT20% (minimum $5,000)$0

Over-65 Exemptions

Entity Code Description Amount Granted
CCRCITY OF CRANE$12,000
FMLRFARM ROAD$27,000
GCOCRANE COUNTY$30,000
HOSPHOSPITAL DISTRICT$30,000
SCRCRANE ISD$87,640
WTRCRANE WATER DISTRICT$5,000

Disability Exemptions

Entity Code Description Amount Granted
SCRCRANE ISD$10,000
WTRCRANE WATER DISTRICT$5,000

* Either a disability or over/65 exemption may be claimed, but not both.

However, it is best to have an over/65 exemption.

Veteran Exemptions

Percentage Disability Ratings Amount Granted
at least 10% but less than 30%up to $5,000 off Assessed Value
at least 30% but less than 50%up to $7,500 off Assessed Value
at least 50% but less than 70%up to $10,000 off Assessed Value
at least 70% but less than 100%up to $12,000 off Assessed Value
100%100% Homesteadable Value