New Mexico Senior Property Tax Freeze

Otero County Assessor

Available Property Tax Relief

About This Program

Freezes property valuation for tax purposes for homeowners age 65+ with income below $32,000 (single) or $40,000 (married). Must have owned and occupied home for at least two years. Protects seniors from rising property tax bills due to increased valuations.

Property valuation frozen, preventing tax increases from appreciation

Official source site checked live on 2026-06-17.

Data last verified 2026-06-09. How we verify our data.

Key Details

  • Freezes property valuation for seniors 65+
  • Income limit: $32,000 single, $40,000 married
  • Must have owned and lived in home 2+ years
  • Prevents property tax increases from appreciation
  • Apply by March 1 annually

How to Apply

A grant-savvy contractor in Alamogordo, NM can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

Your application paperwork

Documents you will likely need

  • Proof you own and live in the home (deed, recent mortgage statement, or property tax bill).
  • A government-issued photo ID for every owner on title.
  • Household income proof (recent pay stubs, last year's tax return, or benefit award letters for everyone in the home).
  • Proof of age (driver's license or birth certificate) if the program is age-based.
  • The program's own application form, completed (use the official link or phone number on this page).

Requirements vary by program and locality. Confirm the exact rules on the official program page. We can help you prepare your paperwork, but you submit it yourself.

Deadline: Apply by March 1 for current tax year

Questions about this program?

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