How Texas November Ballot Could Impact Homeowners, Buyers, and Real-Estate Investors.

🏡 How Texas’ November Ballot Could Impact Homeowners, Buyers, and Real-Estate Investors

Understanding the 17 Proposed Amendments

This November, Texans will head to the polls to vote on 17 proposed amendments to the state constitution and several of them could directly affect property taxes, homeownership affordability, and long-term real-estate investment across Denton County and North Texas.

While not every amendment is property-related, a handful stand out for homeowners, buyers, and investors alike. Let’s break them down and look at what they might mean for our local housing market.

💰 1. Increased Property-Tax Exemptions for Homeowners

One of the biggest proposed changes would raise the school-district homestead exemption from $100,000 to $140,000, meaning a larger portion of your home’s value would be shielded from school property taxes.

For the average North Texas homeowner, this could translate into hundreds of dollars in annual savings. Another proposal would expand exemptions for senior and disabled homeowners, providing even more relief for those on fixed incomes.

Local Impact:
In areas like Denton, Flower Mound, Highland Village, Lewisville, Corinth, Argyle & North Texas where property values have risen sharply over the past few years, these exemptions could help offset tax-burden increases and keep monthly housing costs manageable.

🔥 2. Temporary Tax Relief for Homes Damaged by Fire

Another amendment would allow for a temporary property-tax exemption on homestead improvements that are completely destroyed by fire.

For homeowners recovering from a loss, this would mean no property taxes on the destroyed structure during the rebuild period, a critical financial break during a stressful time.

🏠 3. Capital Gains & Inheritance Tax Bans

Lawmakers are also proposing to ban state taxes on capital gains, inheritances, and gifts.

Texas doesn’t currently have these taxes, but embedding the ban in the state constitution would make that protection permanent. For homeowners and investors, this provides greater long-term certainty when buying, selling, or passing down real-estate assets.

Investor Takeaway:
This could make Texas an even more attractive place for real-estate investment, reinforcing the state’s reputation as a low-tax, high-growth environment.

📈 4. How These Changes Could Shape the Market

If these property-related measures pass, we could see several ripple effects across the North Texas housing market:

✅ Improved affordability — especially for first-time buyers entering the market.
✅ Increased buyer demand as monthly ownership costs decrease.
✅ Stronger long-term equity retention due to reduced property-tax burdens.
⚖️ Potential budget adjustments for cities and school districts, which may affect infrastructure or local services.

Overall, these proposed amendments aim to reduce the cost of owning property and keep Texas competitive for both residents and investors.

🗳️ What Homeowners Should Do Next

Election Day is Tuesday, November 4, and every registered voter in Texas will have a say.

Before voting, take a few minutes to review the ballot and understand how each proposition could affect your property taxes, community budgets, and overall cost of homeownership.

For a simple breakdown of all 17 amendments — including which ones matter most for homeowners and investors — feel free to reach out. We’ve put together an easy-to-read summary that explains each proposal in plain language.

💬 Final Thoughts

At Shelby Realty Group, we believe informed homeowners make stronger financial decisions. These constitutional amendments may not make national headlines, but they can have a real impact on your bottom line — and on the North Texas communities we all call home.

If you’d like to know how these potential changes could affect your specific property, neighborhood, or investment strategy, we’re always happy to help.

Contact Shelby Realty Group

John & Jennifer Shelby
Shelby Realty Group. Brokered by REAL Broker, LLC
📞 469-586-8998
📧 jshelby@shelbyrealtygroup.com
🌐 www.ShelbyRealtyGroup.com
🏠 Serving: Denton • Flower Mound • Highland Village • Lewisville • Corinth • Argyle • North Texas

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