Homeowners in Irving have opportunities to lower their property tax burden through the City’s Homestead Exemption and the Over 65/Disabled Persons Exemption. Both exemptions reduce a property’s taxable value, thereby decreasing the amount of taxes owed on a primary residence. According to the Dallas Central Appraisal District, City Tax Exemptions saved Irving property owners $109,343,188 in 2024.
Homestead Exemption
This tax benefit is available for homeowners who use a property as their primary residence. The City of Irving offers a 20% exemption on your home’s assessed value, with a minimum exemption of $5,000.
Eligibility:
- You must own and occupy the property as your primary residence on January 1 of the tax year.
- You cannot claim a homestead exemption on any other property.
Over 65/Disabled Persons Exemption
This is an additional tax reduction for homeowners who are either 65 years or older or meet specific disability criteria. The City of Irving provides a $55,000 exemption for both seniors (65+) and disabled individuals…