Land Use & Zoning
Texas allows property owners in certain areas to seek 'historic designation' for their property. A benefit of historic designation may include:
AExemption from all property taxes permanently
BPotential tax incentives, preservation grants, and protection from certain types of demolition✓ Correct
CAutomatic TREC approval for all renovations
DGuaranteed appreciation in property value
Explanation
Historic designation at the local, state, or national level can provide tax incentives (historic tax credits for rehabilitation, property tax freezes in some cases), eligibility for preservation grants, and regulatory protection against demolition. However, it also imposes restrictions on exterior modifications to maintain the historic character.
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