Houston Daily

The home at 6402 Cool Water Drive, New Territory was sold on May 22 by Robert Warner and Carol Susan Reynolds for $198,998.

The buyer was Andrew Thomas Hollywood.

The property tax paid for this property in 2020 was $4,617. This is 2.3% of the assessed value of the home.

This property is one of 10 sales in New Territory (Fort Bend County) from April 22 to May 22.

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.