Houston Daily

The home at 23102 Cable Terrace Drive, Cinco Ranch was sold on June 4 by Jimmy Dean McFadden and Dean McFadden Jimmy for $330,250.

The buyers were L Mhaskar Shakeelahmed A., Rahil S Mhaskar and S Mhaskar Rahil.

The property tax paid for this property in 2020 was $7,878. This is 2.4% of the assessed value of the home.

This property is one of 19 sales in Cinco Ranch (Fort Bend County) from May 4 to June 4.

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.