Which statement about the homestead exemption in Texas is true?

The homestead exemption in Texas allows property owners to benefit from certain protections and exemptions for their primary residence, but it does not limit individuals to selecting only one type of homestead. In Texas, there are indeed multiple types of homesteads, including urban and rural homesteads, which can both be claimed under certain conditions. Therefore, the idea that residents can only select one type of homestead is misleading as it does not account for the options available based on the nature of the property owned.

In this context, it's essential to note that while there are various protections under Texas law for both rural and urban homesteads, property owners can have different exemptions applied to each type of homestead if they own properties in diverse classifications. This flexibility in the homestead exemption system emphasizes broader property rights rather than enforcing a singular classification for all property types.