Did you purchase a home in 2011? If you did, then you may qualify for the Homestead Tax Exemption. The Homestead Tax Exemption deducts a set amount from the value of your property for taxation purposes. For example, if your home is valued at $150,000, and you qualify for a $15,000 exemption, then you will be taxed on $135,000.
A form must be filed with the Harris County Tax Authority to obtain the Homestead Exemption. I recommend that all home owners check the taxe records at www.hcad.org to verify that their primary residence is homestead.