Texas property tax for second homes and rentals
2 sourced points for Texas, each linked to the official page it comes from.
- Starting in 2024, real property valued at $5,000,000 or less that isn't a homestead gets a 20% limit. Its appraised value can't rise more than 20% a year unless new improvements are made. brazoriacad.orgOct 21
- The 20% limit starts on Jan 1 of the tax year after the first year you own the property. Homes that could get the 10% homestead limit and land with agricultural special appraisal aren't covered. brazoriacad.orgOct 21