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Yes. When you sell your Dallas home, you give up your homestead's capped assessed value and the city's over-65 exemption, which the Dallas City Council held at $175,000 in June 2026. Your next home largely starts over: …
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Texas has no state capital gains tax, so Dallas sellers only need to consider federal taxes. Most homeowners qualify for the Section 121 primary residence exclusion, which lets single filers exclude up to $250,000 …
Are you planning to sell your condo in Uptown Dallas and wondering how to avoid tax pitfalls? Selling a property can trigger various tax implications that many sellers aren’t prepared for. Whether it’s capital gains tax, property taxes, or other related fees, understanding the tax consequences of selling your condo …
View More:format(webp):quality(80)/u.realgeeks.media/mattwatson/agent_pic_sidebar.jpg "Agent Matt Watson")