Property Tax Information for Seniors

Every homeowner is eligible to file a homestead exemption. This reduces your home’s taxable value by 20%. Plano homeowners 65 and older can file an additional homestead exemption, which reduces their home’s taxable value by another $40,000.

Plano homeowners 65 and older can also freeze their property taxes. As a result, no matter how much your property value rises, your taxes will stay the same.

For more information about the senior homestead exemption or how to freeze your property taxes, please contact your local Central Appraisal District. A majority of Plano homeowners live in Collin County. Visit the Collin County Central Appraisal District website. Some Plano homeowners live in Denton County. Visit the Denton County Central Appraisal District website.

The state offers other exemptions for disabled people, disabled veterans and others. Visit the State of Texas Comptroller's Office website for more information and assistance.