I think it's like $18,000 a year, but with the homestead exemption it drops down to something closer to $15,000 per year. It's beyond outrageous. I'd rather pay state income tax. At least that goes away if you lose your job and it's not subject to the whims of an assessor.

I think it's like $18,000 a year, but with the homestead exemption it drops down to something closer to $15,000 per year. It's beyond outrageous. I'd rather pay state income tax. At least that goes away if you lose your job and it's not subject to the whims of an assessor.

We lived in Colorado for 11 years. We moved back to Texas in 2001. Our property taxes were around $1,200 a year, so state income tax did not mean no property taxes. It was cheaper but not -0-.

Also, car registration was expensive. Tax was based on vehicle value. A car valued at $30,000 cost around $1,000/year to register. As the vehicle got older, the cost to register it went down.

Government is going to get your money, one way or another.

Jimmy

When my mother died her property taxes were about 1.5 times what the annual principle and interest payments were when she had bought the house. Now she lived in that house 50 years so you may say that really is a bad example.... if I stay in my house 50 years at the rate they have increased over the last 11 years mine will be 2 to 3 times the amount of what the payments were. Bottom line is there is a real good chance that the house you could afford to pay for, raise a family in, and spend most of your life in you wont be able to afford to retire in and die in. Thank your local ISD and appraisal districts for this.