Downtown Incentive
Summary
Some specifically designated properties in the Downtown and Residential Historic Districts may be eligible for a tax exemption.
Only specifically designated properties in the Downtown and Residential Historic Districts are eligible.
- Designated properties can be Residential or Commercial.
- Property must have an Historic Designation.
- Exemption applies to 25% or $25,000 of the properties value as established by the Ellis County Appraisal District.
- Abated amount x current City of Ennis property tax rate = value of exemption.
- For questions about eligibility, contact the office of Economic Development, 972-878-4748.
- Requires Form 50-122 to be submitted to the office of Economic Development no later than March 15th of every year.
Incentive Documents
Form 50-122