Tax Break on the Way for Midland County Residents - KWES NewsWest 9 / Midland, Odessa, Big Spring, TX: newswest9.com |

Tax Break on the Way for Midland County Residents

Staff Report
NewsWest 9

MIDLAND COUNTY - If you live in Midland County, you could be eligible for a massive property tax break.

When Midland County Commissioners met on Monday, they agreed to a two part property tax exemption but the state said they needed to change a few things.

For residents 65 or older or disabled, you could see an exemption worth $40,000 on top of a homestead exemption of three percent or $5,000, whichever is bigger.

Not 65 just yet? That's ok.

Depending on the cost of your home you could see the same three percent or $5,000 break.

Originally the commissioners wanted exemptions that could have totaled about $50,000 but state statutes prevented that.

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