The Texas Homestead Exemption

Taxes

“Can I apply for a Texas Homestead exemption?” This was the question asked of me by a recent past client after she received her 2011 property tax bill. She had purchased the home in May of 2011 so she was not eligible for the exception in 2011. The law requires that you own and occupy the home on January 1 of the tax year.

Many people think the primary benefit of the homestead exemption is a reduction in property taxes. While the savings is nice, the most important thing is that homestead laws prevent any creditor (except for the mortgage holder, a taxing authority, or the holder of a note created for a home improvement loan) from forcing the sale of the homestead to satisfy nonpayment of a debt.

On September 1, 2011 the state law was updated and applicants for a homestead exemption are required to provide a copy of their Texas Drivers License and a copy of a vehicle registration with the application. Note that the addresses on the two documents must match the property address on the application.

Links to local appraisal districts in the greater Dallas area: 

Collin County  |  Dallas County  |  Denton County  |  Rockwall County 

Applications for the 2012 exemption have to be received by the approriate appraisal district no earlier than January 1, 2012 and no later than April 30, 2012.

Tom Branch, Broker, CDPE, SFR

Photo: Licensed from iStockPhoto

4104 Stonebridge – A Rare Opportunity

4104 Stonebridge Dallas TX

Opportunity knocks! One of a kind residential lot located in the heart of Turtle Creek Park. This lot offers the rare chance to build your dream home among the majestic trees on this heavily-wooded creek lot in the shadow of downtown Dallas. Located less than 3 miles to UTSW and Parkland Hospital. This lot is being subdivided from a larger estate and is subject to final city approval. Plat, recent appraisal, and drainage studies are available. 

Click here for Current Pricing, Details, Photos, and Virtual Tour.

See all Lots for Sale in the Oaklawn Area of Dallas, TX.

Source: NTREIS

CB JENI Homes Opens The Chateaus at Craig Ranch

CB Jeni Homes Grand Opening Party for the Chateaus of The Settlement at Craig Ranch

CB JENI Homes hosted a grand opening party for The Chateaus of The Settlement at Craig Ranch on Friday afternoon.

The Chateaus’ three  single-story townhome plans (Julia, Camille, and Natalie) are the newest townhomes in the CB JENI line. These townhomes range in size from 1616 sq. ft. to 1995 sq. ft. and offer various stunning features including island kitchens (per plan), fireplaces, covered veranda’s, 2 car attached garages, luxury master suites and much more.

These single-story townhomes offer luxury living and a low-maintenance lifestyle proving that you don’t have to down-scale in order to down-size! The HOA provides all exterior maintenance, front and back lawn care, and access to all the Craig Ranch amenities.

View all Townhomes For Sale in The Settlement at Craig Ranch.

 


New Home Rebate

Purchase a new home through us and we'll help you with your closing costs! We'll give you a credit of 1.5% of the price of the home at closing to use towards your closing costs.

Click here for our New Home Rebates page.

Plano TX Townhome For Sale 409 Metropolitan

 409 Metropolitan Plano Texas Townhouse For Sale

2 Bedrooms | 2.1 Baths | 2-Car Garage | 1412 SF/Building Plan

Plano TX Townhome For Sale – Chase Oaks is all about location with restaurants, movie theaters, shopping and entertainment within walking distance. Gorgeous new construction townhome with soaring 2-story foyer. Kitchen has 42-inch cabinets, ceramic tile backsplash, Frigidaire appliances including smooth electric cooktop. Large master suite with oversized bathtub, dual sinks, and a generous walk-in closet. Energy efficient with R38 insulation, 16 SEER HVAC, and Low E windows. 

Click here for Current Pricing, Details, Photos, and Virtual Tour.

See all Townhomes For Sale in Chase Oaks, Plano, TX.

Source: NTREIS

Plano TX Townhome For Sale 4691 Amanda

Plano Texas Townhouse For Sale 4691 Amanda

2 Bedrooms | 2.1 Baths | 2-Car Garage | 1633 SF/Building Plan

Plano TX Townhome For Sale – Ready Now! 2-bd, 2.5 ba, vaulted entry townhome. Premium Interior Site. Beautiful brick and stone exterior with hand-laid brick porch, and 8 Knotty Alder front door with speakeasy. Kitchen with SS appliances, gas cooktop-oven, upgraded Granite and glazed cabs. Gorgeous Master Suite and 2nd bdrm up. Iron Railing. Formal dining + breakfast nook. Gas on private patio. 16 SEER HVAC, Radiant Barrier, cocoon insulation, dual-pane, low-E windows. 

Click here for Current Pricing, Details, Photos, and Virtual Tour.

See all Homes For Sale in the Estates of Willow Crest.

Source: NTREIS

Grand Opening of The Chateau’s at Craig Ranch

The Chateaus at Craig Ranch SIngle Level Luxury Townhomes

CB JENI Homes introduces three fabulous one-story townhome plans (Julia, Camille, and Natalie) at The Chateaus of the Settlement at Craig Ranch. These townhomes range in size from 1616 sq. ft. to 1995 sq. ft. and offer various stunning features including island kitchens (per plan), fireplaces, covered veranda’s, 2 car attached garages, luxury master suites and much more.

Visit CB JENI Homes at the model (virtual tour) today to view these beautiful townhomes and inquire about our Pre-Grand Opening Specials good thru Friday, October 14th!

See all townhomes for sale in The Settlement at Ranch.


New Home Rebate

Purchase a new home through us and we'll help you with your closing costs! We'll give you a credit of 1.5% of the price of the home at closing to use towards your closing costs.

Click here for our New Home Rebates page.

Plano TX Home For Sale 3113 Austin

 3113 Austin, PLano, TX Home For Sale

4 Bedrooms | 2.1 Baths | 2-Car Garage | 2607 SF/Tax

Plano TX Home For Sale – Priced $38K below appraisal, this Highland home is a bargain. Needs carpet, paint and a little TLC. Large island kitchen opens to family room with soaring ceilings. Master and study with French doors are down and 3 bedrooms and game room up. Features include hardwood floors, plantation shutters, art niches, and a beautiful custom fireplace. Enjoy the neighborhood pool and park. Exemplary elementary school. Easy access to Hwy 121 and the Tollway.

Click here for Current Pricing, Details, Photos, and Virtual Tour.

See all Homes For Sale in The Highlands of Russell Park Plano, TX.

Source: NTREIS