PLEASE NOTE: This chart estimates the maximum projected monthly tax impact on the appraised market value of a homestead only, including the state-mandated homestead exemption of $100,000.
*Average homestead taxable value in Ferris ISD $261,109.
VOTERS 65 AND OVER: Under state law, if you have applied for and received the Age 65 Freeze on your homestead, your school taxes CANNOT be raised above their frozen level unless you make significant improvements or additions to your home.
EXEMPTIONS: Estimates are calculated based on the taxable value of your home, factoring in the $100,000 Homestead Exemption. For example, a $150,000 home would have a taxable value of $50,000.