Houston Daily

The home at 2706 Plantation Trail, Sugar Land was sold on June 5 by David Cattle Ranch and Agric Services World-Wide LLC for $263,070.

The buyer was David Ogechukwu Mrakpor.

The property tax paid for this property in 2020 was $5,156. This is 2% of the assessed value of the home.

This property is one of 113 sales in Sugar Land (Fort Bend County) from May 5 to June 5.

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.