Houston Daily

The home at 15823 Chimney Rock Road, Houston was sold on May 14 by Weekley Homes LLC for $164,020.

The buyers were Omar Magallanes and Magallanes Jessica Mejia.

The property tax paid for this property in 2020 was $2,516. This is 1.5% of the assessed value of the home.

This property is one of 47 sales in Houston (Fort Bend County) from April 14 to May 14.

This story was found on BlockShopper.com.

The U.S. housing market has surged in recent years, with its total value approaching $50 trillion in 2024—nearly five times its value in 2000.

“The value of America’s housing market will likely cross the $50 trillion threshold in the next 12 months as there are not enough homes being listed to push prices down,” said Redfin Economics Research Lead Chen Zhao.