New Texas Law Brings Significant Property Tax Relief to The Woodlands Homeowners
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New Texas Law Brings Significant Property Tax Relief to The Woodlands Homeowners
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New Texas Law Brings Significant Property Tax Relief to The Woodlands Homeowners |
Homestead Exemption Increase Promises Lower Tax Bills in 2026 |
Homeowners in The Woodlands are set to benefit from substantial property tax relief following the approval of Proposition 13 in November 2025. This amendment increases the state's homestead exemption for school district property taxes from $100,000 to $140,000, effective January 1, 2026. ([texastribune.org](https://www.texastribune.org/2025/11/04/texas-property-tax-vote-constitutional-amendment/?utm_source=openai))
For residents aged 65 and older or those with disabilities, the exemption has been further enhanced. Their additional exemption rises from $10,000 to $60,000, bringing their total school tax exemption to $200,000. ([dallasnews.com](https://www.dallasnews.com/news/politics/2025/06/16/what-texas-homeowners-need-to-know-about-property-tax-relief/?utm_source=openai))
The impact of these changes is expected to be significant. Most homeowners in The Woodlands will see a noticeable decrease in their 2026 tax bills, providing much-needed financial relief.
This development comes at a time when The Woodlands real estate market has been experiencing notable trends. In March 2025, the number of active listings increased by 43% compared to the previous year, offering more options for buyers. However, the median sales price dropped by 7%, indicating a shift towards a more balanced market. ([nanproperties.com](https://nanproperties.com/blog/woodlands-market-update-march-2025/?utm_source=openai))
Local officials and community leaders have expressed optimism about the tax relief measures. They believe that the increased exemptions will not only ease the financial burden on homeowners but also stimulate the local housing market by making homeownership more affordable.
Residents are encouraged to review their property tax statements in 2026 to ensure the new exemptions are applied correctly. For those eligible for the enhanced exemptions, it's advisable to confirm their status with the local appraisal district to maximize their benefits.
In summary, the implementation of Proposition 13 marks a significant step towards property tax relief for homeowners in The Woodlands. With the increased homestead exemptions now in effect, residents can look forward to reduced tax liabilities and a more favorable housing market in the coming year. |

