Houston Daily

The home at 3502 Cabin Place, Sugar Land was sold on July 16 by David and Arlene Mikel for $164,270.

The buyers were Arlene and David Benjamin Mikel.

The property tax paid for this property in 2020 was $3,196. This is 1.9% of the assessed value of the home.

This property is one of 93 sales in Sugar Land (Fort Bend County) from June 16 to July 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.