2023 Corrected Notices
Dear Property Owner,
We are writing to make you aware of an error that has impacted your 2023 Notice of Appraised Value. We
discovered that the homestead 10% limitation was erroneously applied to your property for the 2023 tax year,
leading to an incorrect assessed value.
We understand the importance of accurate notices, and we deeply regret any inconvenience or confusion this
may have caused you. Please rest assured that we are taking immediate steps to rectify the situation and ensure
that such errors do not occur in the future.
For future reference, we would like to take a moment to provide clarification on the specific circumstances
under which the homestead value is capped.
A property becomes eligible for a homestead CAP calculation in the year following the year the current owner
first qualified for a homestead as the January 1st owner. For example, if you first qualified for the homestead
exemption as the January 1, 2021 owner, the 10% cap would be available in the tax year 2022. On the other
hand, the new prorated homestead exemption for owners who did not own the property on January 1st is not
capped until the year after they become the January 1st owner. If you qualify for a prorated homestead
exemption on January 2, 2022 or later, the first year the property will be eligible for the cap is 2024. (Tax Code
If you have any questions or concerns regarding this process or any other aspect of your property assessment,
please do not hesitate in reaching out to us. We are here to assist and address any concerns you may have.
We sincerely apologize for any inconvenience and want to thank you for your understanding and patience on the
Denton Central Appraisal District