Houston Daily

The home at 4518 Greenwood Trace Lane, Katy was sold on June 6 by Mark Abrahamyu Lee-Sun for $209,632.

The buyer was Fahad Hussain.

The property tax paid for this property in 2020 was $4,955. This is 2.4% of the assessed value of the home.

This property is one of 79 sales in Katy (Fort Bend County) from May 6 to June 6.

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.