taxes Property Tax Assistance

2024 Deduction Detail

108-Hidalgo Hidalgo County

108-907/Mercedes ISD

Deductions Allowed in PVS Local Value PTAD Value Assigned Value
Homestead - State-Mandated Homestead Exemption 260,838,793 260,838,793 260,838,793
Homestead - State-Mandated Over-65 or Disabled $10,000 4,270,529 4,270,529 4,270,529
Homestead - 100% Disabled or Unemployable Veterans 8,430,514 8,430,514 8,430,514
Homestead - Disabled Veterans and Surviving Spouse 745,741 745,741 745,741
Homestead - Over-65 or Disabled Freeze Loss 11,366,581 11,366,581 11,366,581
Homestead - 10% Appraisal Cap Loss 39,443,309 39,443,309 39,443,309
Freeport 0 0 0
Pollution Control 0 0 0
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 71,319 71,319 71,319
Deferred Taxes 1,011,447 1,011,447 1,011,447
Prorations 0 0 0
Home Donated by Charity to Disabled Veterans 0 0 0
Disaster Reappraisal Market Value Adjustment 0 0 0
Homestead - Surviving Spouse 100% Disabled 514,476 514,476 514,476
Homestead - Surviving Spouse Service Member KIA 0 0 0
Homestead - Surviving Spouse First Responder LOD 0 0 0
Loss to Special Valuation 0 0 0
Bullion Depository 0 0 0
Personal Property In Transit 0 0 0
Medical or Biomedical 0 0 0
Loss to Non-Homestead Cap 3,997,537 3,997,537 3,997,537
JETI Agreements 0 0 0

108-907/Mercedes ISD

Deductions Allowed in PVS Local Value PTAD Value Assigned Value
Homestead - State-Mandated Homestead Exemption 260,838,793 260,838,793 260,838,793
Homestead - State-Mandated Over-65 or Disabled $10,000 4,270,529 4,270,529 4,270,529
Homestead - 100% Disabled or Unemployable Veterans 8,430,514 8,430,514 8,430,514
Homestead - Disabled Veterans and Surviving Spouse 745,741 745,741 745,741
Homestead - Over-65 or Disabled Freeze Loss 11,366,581 11,366,581 11,366,581
Homestead - 10% Appraisal Cap Loss 39,443,309 39,443,309 39,443,309
Freeport 0 0 0
Pollution Control 0 0 0
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 71,319 71,319 71,319
Deferred Taxes 1,011,447 1,011,447 1,011,447
Prorations 0 0 0
Home Donated by Charity to Disabled Veterans 0 0 0
Disaster Reappraisal Market Value Adjustment 0 0 0
Homestead - Surviving Spouse 100% Disabled 514,476 514,476 514,476
Homestead - Surviving Spouse Service Member KIA 0 0 0
Homestead - Surviving Spouse First Responder LOD 0 0 0
Loss to Special Valuation 0 0 0
Bullion Depository 0 0 0
Personal Property In Transit 0 0 0
Medical or Biomedical 0 0 0
Loss to Non-Homestead Cap 3,997,537 3,997,537 3,997,537
JETI Agreements 0 0 0
Total Deductions Allowed in PVS 330,690,246 330,690,246 330,690,246