New Mexico Senior Property Tax Exemption

New Mexico Taxation and Revenue Department

Available Property Tax Relief

About This Program

Property tax exemption on the first $8,000 of assessed value for New Mexico residents age 65+ or 100% disabled veterans. Must meet income limits and apply annually with Eddy County Assessor.

Exemption reduces property tax burden based on local mill levy

Official program page checked live on 2026-06-17.

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

Key Details

  • Exemption on first $8,000 assessed value
  • For homeowners age 65+ or 100% disabled vets
  • Income limits apply
  • Apply by April 1 each year
  • Contact Eddy County Assessor

How to Apply

Get free help applying Visit Official Program Page Track this program

(575) 885-3383

A grant-savvy contractor in Carlsbad, 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

  • Your federal tax return for the year of the work (this benefit is claimed on your taxes, not through a separate application).
  • 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).
Download this checklist (PDF)

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 April 1 annually

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