Thousands of properties may be missing out on a valuable tax break. Texas has increased the value of its homestead exemption, including a mandatory school exemption now worth $140,000. Research suggests many eligible properties are not claiming this exemption.

The Child Poverty Action Lab estimates that roughly 57,000 properties may be eligible but are not currently claiming the exemption. Most of these properties are in lower-income areas. Further details are available from the source, including efforts to raise awareness about the exemption among potentially eligible homeowners.