A veteran’s percentage of service-connected disability determines the amount of the exemption - from a $5,000 to a $12,000 deduction from the veteran’s property value.
The law provides partial exemptions for any property owned by veterans who are disabled, spouses and survivors of deceased disabled veterans and spouses and survivors of military personnel who died on active duty. The amount of exemption is determined according to percentage of service-connected disability. Any eligible person who has not received this exemption should apply by April 30. An applicant may claim the exemption on only one piece of property, such as a home or any other property the applicant owned on Jan. 1. The applicant must be a Texas resident to qualify.
A disabled veteran who receives from the United States Department of Veterans Affairs or its successor 100 percent disability compensation due to a service-connected disability and a rating of 100 percent disabled or of individual unemployability is entitled to an exemption from taxation of the appraised value of the veteran’s residence homestead. The law does not provide this exemption to spouses and survivors of deceased disabled veterans.