Texas disabled Veteran benefits include a tax exemption from a portion of the assessed value of a designated Veteran owned property in accordance with the following schedule:
Disability Rating of Exemption of
10% to 29% up to $5,000 of the assessed value
30% to 49% up to $7,500 of the assessed value
50% to 70% up to $10,00 of the assessed value
70% and Over up to $12,000 of the assessed value
100% disabled Veterans and/or Veterans that are unemployable rated are fully exempt from property taxes in Texas. When financing a home, Guaranteed Rate Inc. will not collect a property tax escrow account if the borrower can provide the application for disability exemption and a VA disability awards letter showing a 100% disability and/or unemployable rating. More information regarding this exemption can be found at this link on the Texas Comptroller’s Website.
If you are a disabled Veteran living in Texas and need help understanding your mortgage benefits, please fill out the short form on this page and a member of our team will contact and assist you.
Texas Vet & VA Loan Specialist Shirley Mueller
Since 2003 Shirley has originated well over 2000 Texas Veteran and VA Loans. She has helped Veterans in almost every possible circumstance including active duty personnel deployed overseas, returning home, with PCS orders, as well as separated and retiring Veterans. Read More