taxes Property Tax Assistance

2024 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 1,935,888,159 1,935,888,159 1,935,888,159
Homestead - State-Mandated Over-65 or Disabled $10,000 64,631,644 64,631,644 64,631,644
Homestead - 100% Disabled or Unemployable Veterans 185,804,616 185,804,616 185,804,616
Homestead - Disabled Veterans and Surviving Spouse 6,081,788 6,081,788 6,081,788
Homestead - Over-65 or Disabled Freeze Loss 986,993,538 986,993,538 986,993,538
Homestead - 10% Appraisal Cap Loss 836,066,122 836,066,122 836,066,122
Freeport 5,460 5,460 5,460
Pollution Control 315,177 315,177 315,177
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 9,950,703 9,950,703 9,950,703
Prorations 260,872 260,872 260,872
Home Donated by Charity to Disabled Veterans 0 0 0
Disaster Reappraisal Market Value Adjustment 0 0 0
Homestead - Surviving Spouse 100% Disabled 770,764 770,764 770,764
Homestead - Surviving Spouse Service Member KIA 0 0 0
Homestead - Surviving Spouse First Responder LOD 421,938 421,938 421,938
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 102,079,968 102,079,968 102,079,968
JETI Agreements 0 0 0

170-906/Magnolia ISD

Deductions Allowed in PVS Local Value PTAD Value Assigned Value
Homestead - State-Mandated Homestead Exemption 1,935,888,159 1,935,888,159 1,935,888,159
Homestead - State-Mandated Over-65 or Disabled $10,000 64,631,644 64,631,644 64,631,644
Homestead - 100% Disabled or Unemployable Veterans 185,804,616 185,804,616 185,804,616
Homestead - Disabled Veterans and Surviving Spouse 6,081,788 6,081,788 6,081,788
Homestead - Over-65 or Disabled Freeze Loss 986,993,538 986,993,538 986,993,538
Homestead - 10% Appraisal Cap Loss 836,066,122 836,066,122 836,066,122
Freeport 5,460 5,460 5,460
Pollution Control 315,177 315,177 315,177
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 9,950,703 9,950,703 9,950,703
Prorations 260,872 260,872 260,872
Home Donated by Charity to Disabled Veterans 0 0 0
Disaster Reappraisal Market Value Adjustment 0 0 0
Homestead - Surviving Spouse 100% Disabled 770,764 770,764 770,764
Homestead - Surviving Spouse Service Member KIA 0 0 0
Homestead - Surviving Spouse First Responder LOD 421,938 421,938 421,938
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 102,079,968 102,079,968 102,079,968
JETI Agreements 0 0 0
Total Deductions Allowed in PVS 4,129,270,749 4,129,270,749 4,129,270,749