What is the amount of the disabled veteran’s exemption?
The exemption amount that a qualified disabled veteran receives depends on the veteran’s disability rating from the branch of the armed service:
Disability Rating Exemption Amount | 10% to 30% $5,000 from the property’s value | 31% to 50% $7,500 from the property’s value | 51% to 70% $10,000 from the property’s value | 71% to 100% $12,000 from the property’s value |
The disabled veteran must be a Texas resident and must choose one property to receive the exemption for all property tax purposes.