Houston Daily

The home at 2542 Lake Dale Lane, Pecan Grove was sold on July 11 by Jay T. and Rachel Pierson for $166,824.

The buyers were Robert F. and Rhonda Gay Radder.

The property tax paid for this property in 2020 was $3,082. This is 1.8% of the assessed value of the home.

This property is one of 13 sales in Pecan Grove (Fort Bend County) from June 11 to July 11.

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.