Available Exemptions

 

Homestead Exemptions

Entity Code Description Local Option Pct Amount Granted
GSOSomervell County20% (minimum $5,000)$0
SGBGranbury ISDn/a$25,000
SGRGlen Rose ISD20% (minimum $5,000)$25,000
SHDHOSPITAL DISTRICT20% (minimum $5,000)$0
STWSchool of THREE WAYn/a$25,000
SWSSchool of WALNUT SPRING ISDn/a$25,000
WSOSomervell Water20% (minimum $5,000)$0

Over-65 Exemptions

Entity Code Description Amount Granted
CGRCity of Glen Rose$25,000
GSOSomervell County$50,000
SGBGranbury ISD$10,000
SGRGlen Rose ISD$20,000
SHDHOSPITAL DISTRICT$50,000
STWSchool of THREE WAY$10,000
SWSSchool of WALNUT SPRING ISD$10,000
WSOSomervell Water$50,000

Disability Exemptions

Entity Code Description Amount Granted
CGRCity of Glen Rose$25,000
GSOSomervell County$50,000
SGBGranbury ISD$10,000
SGRGlen Rose ISD$20,000
SHDHOSPITAL DISTRICT$50,000
STWSchool of THREE WAY$10,000
SWSSchool of WALNUT SPRING ISD$10,000
WSOSomervell Water$50,000

* 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