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Thread: Property Tax

  1. #1
    Shipwreck's Avatar
    Shipwreck is offline HGF Forum Moderator
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    Property Tax

    What's everyone's property tax like? I have a mortgage payment of approx $1000, and $350 of it every month is just to pay property taxes (I bought a brand new house last June).

    My parents moved here from Louisiana last year and couldn't believe it. They paid approx $300 a year where they were at. They also got a $75,000 exemption in that state - standard. We only get a $15k homestead exemption in Texas.

  2. #2
    imported_js Guest

    Re: Property Tax

    Quote Originally Posted by Shipwreck
    What's everyone's property tax like? I have a mortgage payment of approx $1000, and $350 of it every month is just to pay property taxes (I bought a brand new house last June).

    My parents moved here from Louisiana last year and couldn't believe it. They paid approx $300 a year where they were at. They also got a $75,000 exemption in that state - standard. We only get a $15k homestead exemption in Texas.
    Wow, 350 a month

    I pay 739.00 a year and think that's to high...

  3. #3
    gene is offline Member
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    taxes

    Welcome to Texas

  4. #4
    Waffen's Avatar
    Waffen is offline Member
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    Not knowing the size of your houses or property it's hard to say if the numbers are relative. The wife and I have more house than we need, just around 5K square ft. we pay about $2,200 per year. Colorado isn't so cheap any more..


    W

  5. #5
    Shipwreck's Avatar
    Shipwreck is offline HGF Forum Moderator
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    1650 sq feet, 3 bedroom, 2 bath - built last summer

  6. #6
    Hal8000's Avatar
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    The original part of my house was built around 1880. My well was drilled in 1900. My zoning is agricultural and our taxes are a little over $600.00 per year...
    Think you own your property? Don't pay your taxes and see how long it takes for the Gov. to kick you off!

  7. #7
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    when I lived in ther burbs outside New York City I paid $9000 a year in Real Property tax.
    Moved to Florida and I pay less than 1/3 of that and my annual rise in tax is limited by a Homestead Exemption. And no income tax.

    And my Fla. house is bigger than my NY house was.

    AFS

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