"Will hrt remove or significantly remove my beard?"
Estrogen and an anti-androgen will slow it's growth, but facial hair will remain. Once activated by the rising hormone levels of puberty, it never stops growing. You have to remove facial hair with laser treatment and/or electrolysis. Probably the most efficient way to do this is to have a half dozen laser treatments, each 6 weeks apart, and then eliminate whatever is left with electrolysis. I transitioned before lasers became standardized and did electro for the whole project. Which ever way you decide to approach this you want to hire someone with experience, especially with electro. Electrolysis done poorly can damage the skin. Last, this project also takes longer than you think; it can easily take a couple years to remove facial hair.
me-woman who was born transsexual (post-op)