Houston Daily

The home at 36814 Maverick Road, Simonton was sold on May 23 by Joseph M. and Sandra F. Olmo for $115,000.

The buyers were Timothy Lee Timmerman Jr. and Ann Marie Timmerman.

The property tax paid for this property in 2020 was $1,921. This is 1.7% of the assessed value of the home.

This property is one of three sales in Simonton (Fort Bend County) from April 23 to May 23.

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.