Houston Daily

The home at 16831 Rippling Mill Drive, Sugar Land was sold on May 16 by Mathew Cherian and Anoop Mathew for $116,584.

The buyers were Ramnath S Sakhalkar and Supriya K Redkar.

The property tax paid for this property in 2020 was $2,129. This is 1.8% of the assessed value of the home.

This property is one of 122 sales in Sugar Land (Fort Bend County) from April 16 to May 16.

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.