Just checked zillow for the prop tax on a $330,000 house in the city of Houston: over 9 grand, and that was up 50% from the previous year. If folks bought less expensive, they could save the money they’d’ve paid in prop taxes and put it away for their retirement. Willingly paying that is nuts.
“Just checked zillow for the prop tax on a $330,000 house in the city of Houston: over 9 grand, and that was up 50% from the previous year.”
Yep, the sad thing is that Dan Patrick launched his political career on just this issue, and hasn’t been able to do jack with it. Republicans are OWNED in Texas, just as they are in DC, with the exception of Trump.
Fake news...the most property taxes can go up in a year is 10%, and you can appeal the valuation to the local municipality.
When I turn 65 next year, my school property taxes are frozen. There are also other exemptions available to homeowners, such as the homestead exemption.