Houston Daily

The home at 1102 Wellshire Drive, Katy was sold on July 7 by Danielle K. and Miguel Angel Herrera for $332,400.

The buyers were Jaimon Muthukattil Chacko and Bini Thomas Mundupalathinkal.

The property tax paid for this property in 2020 was $6,921. This is 2.1% of the assessed value of the home.

This property is one of 81 sales in Katy (Fort Bend County) from June 7 to July 7.

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.