The tax calculator below calculates the increase from 2024 to 2025 assuming the new homestead exemption.
Hereford ISD Historical Values
Total Tax Rate
*projected tax rate if VATRE passes.
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NO TAX INCREASE on homesteads for those having Age 65 Homestead Exemption Affidavit. Significant improvements to a homestead can increase the taxes. For questions on how to apply, contact your county appraisal district.
$200k Homestead Exemption - 65 AND OVER
*Average Taxable Value of a Residence in Hereford ISD $173,808, (Source Deaf Smith CAD, 2025, Cat A&E)
** Category A&E - 3,316 HS Residences
Current legislation proposes raising the homestead exemption to $200,000, homes at or below that value wouldn’t see a tax increase. If it doesn’t pass, the exemption stays at $110,000.
Tax Impact after $140,000 Homestead Exemption
*Average Taxable Value of a Residence in Hereford ISD $173,808, (Source Deaf Smith CAD, 2025, Cat A&E)
** Category A&E - 3,316 HS Residences
Current legislation proposes raising the homestead exemption to $140,000, homes at or below that value wouldn’t see a tax increase. If it doesn’t pass, the exemption stays at $100,000.