Houston Daily

The home at 12703 Newberry St., Sugar Land was sold on July 18 by Weng Ai LI and Xinfeng Shen for $209,050.

The buyer was Weng Ai LI.

The property tax paid for this property in 2020 was $4,154. This is 2% of the assessed value of the home.

This property is one of 92 sales in Sugar Land (Fort Bend County) from June 18 to July 18.

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.