taxes Property Tax Assistance

2023 Deduction Detail

170-Montgomery Montgomery County

170-906/Magnolia ISD

Deductions Allowed in PVS Local Value PTAD Value Assigned Value
Homestead - State-Mandated Homestead Exemption 1,709,758,020 1,709,758,020 1,709,758,020
Homestead - State-Mandated Over-65 or Disabled $10,000 60,726,513 60,726,513 60,726,513
Homestead - 100% Disabled or Unemployable Veterans 120,539,485 120,539,485 120,539,485
Homestead - Disabled Veterans and Surviving Spouse 5,442,390 5,442,390 5,442,390
Homestead - Over-65 or Disabled Freeze Loss 792,561,839 841,006,225 792,561,839
Homestead - 10% Appraisal Cap Loss 1,228,113,113 1,251,261,450 1,228,113,113
Freeport 0 0 0
Pollution Control 473,364 473,364 473,364
Difference Between Taxable and Limited Value for Chapter 313 Value Limitation Agreement 0 0 0
Tax Increment Financing 0 0 0
Low Income Housing, Counties Under 1.8 Million Pop 0 0 0
Solar and Wind-Powered 0 0 0
Deferred Taxes 14,290,205 14,290,205 14,290,205
Prorations 1,230,450 1,230,450 1,230,450
Home Donated by Charity to Disabled Veterans 0 0 0
Disaster Reappraisal Market Value Adjustment 0 0 0
Homestead - Surviving Spouse 100% Disabled 3,586,320 3,586,320 3,586,320
Homestead - Surviving Spouse Service Member KIA 0 0 0
Homestead - Surviving Spouse First Responder LOD 930,850 930,850 930,850
Loss to Special Valuation 0 0 0
Bullion Depository 0 0 0
Personal Property In Transit 0 0 0

170-906/Magnolia ISD

Deductions Allowed in PVS Local Value PTAD Value Assigned Value
Homestead - State-Mandated Homestead Exemption 1,709,758,020 1,709,758,020 1,709,758,020
Homestead - State-Mandated Over-65 or Disabled $10,000 60,726,513 60,726,513 60,726,513
Homestead - 100% Disabled or Unemployable Veterans 120,539,485 120,539,485 120,539,485
Homestead - Disabled Veterans and Surviving Spouse 5,442,390 5,442,390 5,442,390
Homestead - Over-65 or Disabled Freeze Loss 792,561,839 841,006,225 792,561,839
Homestead - 10% Appraisal Cap Loss 1,228,113,113 1,251,261,450 1,228,113,113
Freeport 0 0 0
Pollution Control 473,364 473,364 473,364
Difference Between Taxable and Limited Value for Chapter 313 Value Limitation Agreement 0 0 0
Tax Increment Financing 0 0 0
Low Income Housing, Counties Under 1.8 Million Pop 0 0 0
Solar and Wind-Powered 0 0 0
Deferred Taxes 14,290,205 14,290,205 14,290,205
Prorations 1,230,450 1,230,450 1,230,450
Home Donated by Charity to Disabled Veterans 0 0 0
Disaster Reappraisal Market Value Adjustment 0 0 0
Homestead - Surviving Spouse 100% Disabled 3,586,320 3,586,320 3,586,320
Homestead - Surviving Spouse Service Member KIA 0 0 0
Homestead - Surviving Spouse First Responder LOD 930,850 930,850 930,850
Loss to Special Valuation 0 0 0
Bullion Depository 0 0 0
Personal Property In Transit 0 0 0
Total Deductions Allowed in PVS 3,937,652,549 4,009,245,272 3,937,652,549