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re: Houston mansion with over $600k in improvements listed for only $799K
Posted on 4/15/24 at 4:38 am to LSUFanHouston
Posted on 4/15/24 at 4:38 am to LSUFanHouston
Listed in Feb at $899k. They had to drop the price because it was too far for Owlie to come trim the hedges. 
Also, Tejas seems to have recently had a huge bump in property taxes.
Also, Tejas seems to have recently had a huge bump in property taxes.
1
Posted on 4/15/24 at 2:31 pm to Hangit
quote:
Also, Tejas seems to have recently had a huge bump in property taxes.
They do a pretty good job of raising the appraised values on an annual basis, and in many cases, people complain that the appraised values are too high.
So if the govmint is saying that the house is worth more than 200K less the current asking price, the house is probably still way overpriced.
Now the real question is, why is that house worth less than $600K?
Age? Location?
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