Available Exemptions

 

Homestead Exemptions

Entity Code Description Local Option Pct Amount Granted
CHDCAPROCK HOSPITAL DST1% (minimum $5,000)$0
CLOLOCKNEY CITY1% (minimum $5,000)$0
FLOFLOYD COUNTY1% (minimum $5,000)$0
SFLFLOYDADA ISDn/a$100,000
SLOLOCKNEY ISDn/a$100,000
SMOMOTLEY CO ISDn/a$100,000
SPEPETERSBURG ISDn/a$100,000
SPLPLAINVIEW ISDn/a$100,000
SVATURKEY-QUITAQUE ISDn/a$100,000

Over-65 Exemptions

Entity Code Description Amount Granted
CFLFLOYDADA CITY$3,000
CHDCAPROCK HOSPITAL DST$5,000
CLOLOCKNEY CITY$5,000
SFLFLOYDADA ISD$10,000
SLOLOCKNEY ISD$10,000
SMOMOTLEY CO ISD$10,000
SPEPETERSBURG ISD$10,000
SPLPLAINVIEW ISD$10,000
SVATURKEY-QUITAQUE ISD$10,000

Disability Exemptions

Entity Code Description Amount Granted
CFLFLOYDADA CITY$3,000
CHDCAPROCK HOSPITAL DST$5,000
CLOLOCKNEY CITY$5,000
SFLFLOYDADA ISD$10,000
SLOLOCKNEY ISD$10,000
SMOMOTLEY CO ISD$10,000
SPEPETERSBURG ISD$10,000
SPLPLAINVIEW ISD$10,000
SVATURKEY-QUITAQUE ISD$10,000

* 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