Houston Daily

The home at 21110 Somerset Park Lane, Katy was sold on July 23 by Adhikari Prem Raj and Khanal Suman for $193,370.

The buyers were Adhikari Prem Raj and Suman Khanal.

The property tax paid for this property in 2020 was $3,770. This is 1.9% of the assessed value of the home.

This property is one of 91 sales in Katy (Fort Bend County) from June 23 to July 23.

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.