Houston Daily

The home at 3615 Margaret St., Needville was sold on July 7 by Alfred Postel Jr. for $223,400.

The buyers were Truong Iniifm Le and Tuyen Th I Kim Tran.

The property tax paid for this property in 2020 was $4,742. This is 2.1% of the assessed value of the home.

This property is one of 14 sales in Needville (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.