What is Homestead Exemption and how can I receive a homestead exemption on my property?
Presently, the Louisiana Constitution allows for a homestead exemption of $75,000.00. The homestead exemption negates the parish property taxes due on the first $75,000.00 of market value or $7,500.00 of assessed value. Homestead Exemption applies to only one home and the homestead exemption does not apply to taxes levied by any of the cities, towns or villages located in Caddo Parish. The homestead exemption also does not apply to Fire District Fees. To be eligible for homestead exemption, the property must be your primary residence and you must be a resident of Caddo Parish. To receive homestead exemption on your primary residence you must file a homestead application with the Caddo Parish Tax Assessor. To file for Homestead Exemption, contact the Tax Assessors Office at (318) 226-6701.