March 2021 – With the disaster declaration from Texas Governor Greg Abbott in February, properties that sustained 15% or more in assessed damage are subject to receive a temporary property tax exemption of a portion of the appraised value. The exemption application must be submitted on or before May 28, 2021.
Qualified Properties include:
Don’t hesitate to reach out to Invoke Tax Partners for any assistance with your application or advice on other ways to maximize your property tax savings this appeal season.
| Damage Rating | Damage Assessment | Damage Description | Exemption % |
| I | >=15% to <30% | Minimal, may continue to be used as intended. | 15% |
| II | >=30% to <60% | Nonstructural damage and waterline <18″ above floor if flooded. | 30% |
| III | >=60% to <100% | Significant structural damage and waterline 18″+ above floor if flooded. | 60% |
| IV | 100% | Total loss: repair is not feasible. | 100% |
For more info on applications visit your County’s Appraisal Website. Click here for an example.
