Houston Real Estate Forum
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 4 years ago,
Houston Texas property tax assessments - questions
I'm interest in purchasing some single family homes in Houston. Many of the homes that I am considering have property tax assessments far below the value that I would pay for them. AFor example this property is assessed at $30K, but the $130K seems like a reasonable purchase price. Woudl this low assessment stick around for a while after I purchased the property,or would the municipal government immediately re-assess the property?