Homestead exemptions do not automatically transfer when you move to a new home in San Antonio. You must file a new homestead exemption application for your new residence. However, the over-65 or disabled person tax ceiling can be transferred to a new home in certain cases. You have up to two years from the date you qualify to file for a retroactive homestead exemption.
Moving Your Homestead Exemption
When you sell your home and buy a new one, your old homestead exemption is canceled for the old property. You must file a new homestead exemption application with BCAD for your new primary residence. The deadline for filing is April 30 of the year after you move in. If you miss the deadline, you can still file, but you will need to apply for a late exemption. You cannot have homestead exemptions on two properties simultaneously.
Over-65 and Disabled Tax Ceiling Transfer
If you qualify for the over-65 or disabled person tax ceiling and move to a new home, you can transfer the ceiling to your new home in some situations. The school tax ceiling transfers to your new home if you buy a home of equal or lesser value. If you buy a more expensive home, the ceiling is recalculated. You may also be able to transfer the ceiling to a different school district. Requirements vary, so check with BCAD for your specific situation.
Retroactive Filing Deadline
You can file for a homestead exemption up to two years after January 1 of the tax year you qualify. For example, if you bought your home in 2024, you have until 2026 to file for the 2024 tax year benefit. This retroactive filing can result in a refund of taxes overpaid. Veterans exemptions and other special exemptions may have different filing deadlines. File as early as possible to avoid any issues.