Houston Daily

The home at 1211 Magnolia Woods Court, Greatwood was sold on July 17 by Dori Emily A., Geri B Preston and B Preston Geri for $190,128.

The buyers were Ly Steven Sen, Lynn N Ly, N Ly Lynn and Steve and Lynn Ly (trust).

The property tax paid for this property in 2020 was $2,875. This is 1.5% of the assessed value of the home.

This property is one of 12 sales in Greatwood (Fort Bend County) from June 17 to July 17.

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.