Incentive Programs

Residential Tax Abatement Program


To provide property tax incentives for future homeowners intending to build their homestead, purchase an existing home for their primary residence, or repair their existing primary residence within the City of Waco Residential Tax Abatement (RTA) Area.


  • Five (5) year abatement of property taxes due for properties valued at $90,000 and above (new construction) and improvements valued at $30,000 or above (rehabilitation)
  • Maximum property value upon completion is $350,000.00

Eligibility Criteria:

  • Property must be the primary residence of the owner, and must be a single family residence
  • Property cannot be in tax delinquent status
  • Application must be approved by City Council prior to issuing the building permit
  • Residential improvements or plans must be approved by the Planning Department
  • A filing fee of $150.00 must accompany the completed application

More terms may apply to this program.  For more information, please contact us at 750-5656 or 750-5640.

Residential Tax Abatement Map

Residential Tax Abatement Guidelines

Residential Tax Abatement Application

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