Single homeowners............
On The Tree
Joined: Aug 2010
Posts: 129
Likes: 0
From: indiana
Also here as a single homeowner without a spouse. For me things are tight but certainly not living outside of what I can/could afford at the time I bought this place. I am about to pay off my truck next year which will be quite nice. As others have said it's all about how you budget your money. My house was a fixer upper and was a HUD house so we got a pretty good deal on it.
Here is how our homestead breaks down:
Ag Land $0
Land $27,845
Building $113,672
Extra Features $3,927
Just Value $145,444
Assessed (Non-School Amendment 1) $145,444
Homestead 196.031 - $25,000
Non-School Additional Homestead Exemption - $25,000
Non-School Taxable Value $95,444
School District Taxable Value $120,444
Land $27,845
Building $113,672
Extra Features $3,927
Just Value $145,444
Assessed (Non-School Amendment 1) $145,444
Homestead 196.031 - $25,000
Non-School Additional Homestead Exemption - $25,000
Non-School Taxable Value $95,444
School District Taxable Value $120,444
I disagree with buying new unless you are buying in the 300k+ market. We moved onto a new neighborhood in Katy and loved it until 4 years later when the area went down hill.
Moved to an established 30 yr old neighborhood that really doesn't cost that much more- yet makes the owners take care of their houses. An HOA is a pain until your next door neighbor paints their house pink, parks in the front yard and plants a jungle in front of the house
Moved to an established 30 yr old neighborhood that really doesn't cost that much more- yet makes the owners take care of their houses. An HOA is a pain until your next door neighbor paints their house pink, parks in the front yard and plants a jungle in front of the house
Teching In
Joined: Apr 2005
Posts: 21
Likes: 0
I live in Katy in the $300+ market and pay the astronomical 3.4% property tax in the $10k plus per year....it's insane. I will likely be selling the house soon and moving to an area with 1+ acre homesites with lower property taxes.
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I'm in the 3.4% tax rate plus HOA ($900 year)
Sale price is $298k which is not what I will be taxed at. But let's look at that.
3.4% is $10,132.00
Homested is 20% off so - $2026.00
So taxes for the year $8,106.00 or $675.50 a month.
Naw here comes the fight. Dispute your tax bill!! You don't need to hire a lawyer or anything but know how to use your computer and research your area.
I was a single house owner for 8 years! Now buying a new house in a few days lol.
Sale price is $298k which is not what I will be taxed at. But let's look at that.
3.4% is $10,132.00
Homested is 20% off so - $2026.00
So taxes for the year $8,106.00 or $675.50 a month.
Naw here comes the fight. Dispute your tax bill!! You don't need to hire a lawyer or anything but know how to use your computer and research your area.
I was a single house owner for 8 years! Now buying a new house in a few days lol.
I'm in the 3.4% tax rate plus HOA ($900 year)
Sale price is $298k which is not what I will be taxed at. But let's look at that.
3.4% is $10,132.00
Homested is 20% off so - $2026.00
So taxes for the year $8,106.00 or $675.50 a month.
Naw here comes the fight. Dispute your tax bill!! You don't need to hire a lawyer or anything but know how to use your computer and research your area.
I was a single house owner for 8 years! Now buying a new house in a few days lol.
Sale price is $298k which is not what I will be taxed at. But let's look at that.
3.4% is $10,132.00
Homested is 20% off so - $2026.00
So taxes for the year $8,106.00 or $675.50 a month.
Naw here comes the fight. Dispute your tax bill!! You don't need to hire a lawyer or anything but know how to use your computer and research your area.
I was a single house owner for 8 years! Now buying a new house in a few days lol.
Ask LS1X2 how well that worked, he researched it, had a realtor get him current data, they still through all his stuff out
Yea. I got fucked on my taxes. I can go build a new home down the street for less than mine is appraised with very little negotiating. Makes me ******* sick, and I hope the ******** at FBCAD responsible die in a ******* fire. Corrupt bastards!
TECH Resident
Joined: Sep 2010
Posts: 866
Likes: 0
From: Cartersville, Georgia
No problem as long as you can afford it and only YOU can answer that question. I raised my daughter as a single Dad for 13 years (1992-2005) until she graduated HS with the last 7 of those years in our own home. Since then she has graduated, is on her own and I am re-married and have since sold that home and custom built a new home.
Teching In
Joined: Mar 2004
Posts: 5
Likes: 0
From: Houston
Also a single homeowner. Things aren't necessarily tight, but they're not loose either. I'm comfortably affording all that I have. I can not afford any other big purchases. Savings is pretty much non-existent other than a 401K. SO yeah if I lost my job I'd freak out real quick but in my industry I shouldn't have a problem finding another job decently quick.
Like right now I'd like to add an extra car to the mix, I got the drag car, got a truck, got a pretty nice daily driver that gets great gas mileage. But I still would like to add maybe a C5 or a Terminator vert to the mix, and a boat, and a 4 wheeler, but there's no room in the budget for that anytime in the near future. So I'm kind of stuck like chuck, then again is that so bad for a single 29 female? Not really, I think I'm just trying to compare myself to people who are older or have a two income household and that's not fair to do that to myself.
But hey - a decent apartment was costing me something in the $850 range, utilities weren't much. But it's worth the extra $600-700 a month to establish equity in something. People like to complain about the extra maintenance a lot, but those people are generally lazy and somewhat worthless.
Like right now I'd like to add an extra car to the mix, I got the drag car, got a truck, got a pretty nice daily driver that gets great gas mileage. But I still would like to add maybe a C5 or a Terminator vert to the mix, and a boat, and a 4 wheeler, but there's no room in the budget for that anytime in the near future. So I'm kind of stuck like chuck, then again is that so bad for a single 29 female? Not really, I think I'm just trying to compare myself to people who are older or have a two income household and that's not fair to do that to myself.
But hey - a decent apartment was costing me something in the $850 range, utilities weren't much. But it's worth the extra $600-700 a month to establish equity in something. People like to complain about the extra maintenance a lot, but those people are generally lazy and somewhat worthless.
TECH Resident
Joined: Sep 2010
Posts: 866
Likes: 0
From: Cartersville, Georgia
Also a single homeowner. Things aren't necessarily tight, but they're not loose either. I'm comfortably affording all that I have. I can not afford any other big purchases. Savings is pretty much non-existent other than a 401K. SO yeah if I lost my job I'd freak out real quick but in my industry I shouldn't have a problem finding another job decently quick.
Like right now I'd like to add an extra car to the mix, I got the drag car, got a truck, got a pretty nice daily driver that gets great gas mileage. But I still would like to add maybe a C5 or a Terminator vert to the mix, and a boat, and a 4 wheeler, but there's no room in the budget for that anytime in the near future. So I'm kind of stuck like chuck, then again is that so bad for a single 29 female? Not really, I think I'm just trying to compare myself to people who are older or have a two income household and that's not fair to do that to myself.
But hey - a decent apartment was costing me something in the $850 range, utilities weren't much. But it's worth the extra $600-700 a month to establish equity in something. People like to complain about the extra maintenance a lot, but those people are generally lazy and somewhat worthless.
Like right now I'd like to add an extra car to the mix, I got the drag car, got a truck, got a pretty nice daily driver that gets great gas mileage. But I still would like to add maybe a C5 or a Terminator vert to the mix, and a boat, and a 4 wheeler, but there's no room in the budget for that anytime in the near future. So I'm kind of stuck like chuck, then again is that so bad for a single 29 female? Not really, I think I'm just trying to compare myself to people who are older or have a two income household and that's not fair to do that to myself.
But hey - a decent apartment was costing me something in the $850 range, utilities weren't much. But it's worth the extra $600-700 a month to establish equity in something. People like to complain about the extra maintenance a lot, but those people are generally lazy and somewhat worthless.
2007 they said $117,457 I fought showed proof had a review of a board of 3 people and got it dropped to $102,844. Dropped over $14k Also hcad does not mean much on the sell either I sold my old house for $115k
I can't wait for dual incomes lol wife is still in school and her misc babysitting pays for nails and some gas lol!!!!
Know you funds I would never get into a bind to we're if you lose your job you could loose your house.
Know you funds I would never get into a bind to we're if you lose your job you could loose your house.
