Kingwood Area Tax Information

Your Real Estate Resource

 

Whats New

 

FHA Policy Changes Coming Soon

The FHA recently announced policy changes on their lending guidelines.  These new policies are expected to go into effect this spring or early summer with no specific date set yet.  The most notable changes are that the amount of seller contributions to buyers closing costs are being reduced and upfront mortgage premiums are going up. 

For more information please visit our Home Loans and Mortgage Resources page of our website.

 

   

 

Current News

 

Keller Williams Kingwood Concert Series

Mark your calendars for the Keller Williams free concert series at Kings Harbor.  The next concert is Friday, March 19th from 7-10pm!

   

 

Recent News

 

It's Officical!  Home Buyer Tax Credit Extended!

Not only has the $8,000 home buyer tax credit been extended for first time buyers, but it has expanded to offer up to a $6,500 tax credit for eligible repeat buyers.  Plus the income limits have been increased opening up the program for more opportunities.

See more information about the Home Buyer Tax Credit.

   

 

Property Taxes

 

Homestead Exemptions for the Kingwood/Humble Area

  • Harris County has a 20% exemption off the assessed value.
  • Humble ISD has a $15,000 exemption off the assessed value.
  • The Lone Star College System allows $5,000, or 1% exemption if assessed value is in excess of $500,000.
  • Click here for a link to the Harris County Appraisal District web page on Property Tax Exemptions.

Property Taxes for Over 65 or Disabled Homeowners

Several types of property tax relief is available to homeowners that are over the age of 65 or are disabled.  We have a link below that provides some helpful information, however, for full information we suggest you please contact your local appraisal district.

County Appraisal District Sites

Homestead Exemption Application Forms

Requests for Corrections on Real Property Accounts