Texans to Vote on Proposition to Lower Property Taxes

April 26, 2022 by Minteer Real Estate Team

On May 7, Texas voters will vote on two amendments to the state constitution, including Proposition 2, which aims to increase the homestead exemption from $25,000 to $40,000. Once approved, the average Texas homeowner would save about $176 savings per year and should provide long-term relief to property owners.   What is a Homestead Exemption?  At present, the State of Texas Continue reading...