The taxman cometh and the taxman taketh away.
Property taxes have risen statewide in Texas 41% in 4 years. And compared to other state, Texas has no income tax, so property taxes are very high. On a $100,000 home, property taxes are $3,000 – $4,000 a year.
And they’re about to go up yet again. Not only is the state and local school district getting a “free” tax increase from rising property values, but they want to raise the rate, too.
