Houston Daily

The home at 5838 Guttenberger Road, Needville was sold on July 14 by Elaina Zou and Chen LI for $109,980.

The buyers were Stephan Chehab and Gloria Boulos.

The property tax paid for this property in 2020 was $3,197. This is 2.9% of the assessed value of the home.

This property is one of 14 sales in Needville (Fort Bend County) from June 14 to July 14.

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.