Houston Daily

The home at 5203 Cloudcraft Court, Katy was sold on June 16 by Richard and Duwanna Counce for $129,552.

The buyers were Huynh Noemi But, Danny Tuan Phan and Thi Thuy Anh Pham.

The property tax paid for this property in 2020 was $4,402. This is 3.4% of the assessed value of the home.

This property is one of 81 sales in Katy (Fort Bend County) from May 16 to June 16.

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.