How is the housing market going there? Im looking into purchasing some homes out there. Im thinking of Austin, Dallas, or Houston. Im seeing brand new homes starting at the high 100s. How is the property tax down there? High?

 

my cousin is a realtor...give him a call and he can tell you more then I can.

Cenil George (713)569-2200
cenilgeorge@cenilgeorge.com

 

Yes, property tax is high. Houses are cheap and property tax is high.

 

Property tax high, but remember, no state income tax in Tx
send a prvt msg and I can hook u up with good interest rates & a realtor.

 

speak for yourself, austin houses arent cheap lol. We are the bubble prrof housing market over here unfortunately.

 

I'm building in Dallas area now (Keller) and although our house will be well above average cost for a DFW home it is well worth what we are paying. I just moved down here with my fiancee from Chicago 7 months ago and the house we are getting down here would be worth $600k - $800k in Chicago.

Taxes are pretty high though, we will be paying $8775/year in prop tax...

 

A regular house in Austin 3 bed 2 bath 1500 sq ft in decent nieghborhood will cost 180-200k. If you want to live near a hill or on one of the hills get ready to start out at 400k. for a regular house but probably closer to 3000 sqft. if you want to live near Lake Travis 500k, if you want to live on a hill or cliff on lake travis then start at 900k if not more.

 

I beleive that you cannot do a cash out refi in Texas

 

Thanks for the info fellas. I might just stick with AZ.

 

I build houses here in Oklahoma. If you would like pm me and I can give you more info. I already sold 4 houses to an investor in Cali.


Thanks

Mahdi

 

you can now, they changed that law 6 years ago

 

Pretty soft right now. If you have the $ I say jump on it! I'm a Loan Officer plus I also invest in some. Rising interest rates but there is such a surplus of land here, with low taxes, many predict it will "boom" soon.

Marcus

 

So whats the verdict, High or low taxes?

 

How much is your house?

 

i think what txstyle is trying to say is with lower taxes the prices of houses will go up. They are still going to be high relative to most states but a law was signed today that will lower the amount paid for school tax will be cut by 1/3 over the next two years.

 

Exactamundo hypeiv. And yes... That was GREAT news today (also raising Teachers salary) by Gov. Perry.

That's about the only thing his sorry **** has done worth mentioning.