- Howard Hughes Corp. Earmarks Bridgeland Industrial Space for Cypress Master-Planned Community [HBJ]
- CBRE: Most Houston Apartment Developers ‘Playing Defense’ Amid Oil Slump [HBJ]
- Harris County Property Tax Rates Hold at Last Year’s Level [Houston Public Media; previously on Swamplot]
- Historic 1898 James Fadden Building on The Strand Finds Buyer [Galveston County Daily News ($)]
- Podcast: Why Houston May or May Not Have Zoning, Part II [Houston Chronicle]
- Fiesta Mart To Expand Its Fondren Southwest Village Location, Take Over Former Anna’s Linens [HBJ]
- Cinemark Theatre Under Construction at Valley Ranch Town Center Under Construction in Northeast Houston [HBJ]
- Dick’s Sporting Goods Taking Over Old Sports Authority Space at 2131 Post Oak Blvd. [HBJ; previously on Swamplot]
- Steakhouse Mo’s…A Place for Steaks Closing Later This Month After 10 Years in the Galleria [Culturemap]
- City Issues Notice of Violation to White Oak Music Hall To Cease Work on Outdoor Stage [Houston Press; previously on Swamplot]
Photo of Allen’s Landing: Marc Longoria via Swamplot Flickr Pool
Headlines
……meanwhile appraisals soar through the roof
Regarding Mo’s it just goes to show that hookers are a fickle lot.
Property tax rates may remain stable, but w/appraisals increasing 10%/year for homesteaded properties & even more for non-homesteaded residences, it’s a serious burden. Anyone else getting 10% raises in their income every year? If so, congratulations. but most of us are not.
As others have said, yes, “lol” @ “property tax RATE unchanged”.
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Meanwhile, VALUES are shooting though the roof.
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People don’t care what the rate is. They care what their BILL is. If their bill goes up, the reasons for it are less important.
Let me be a ditto-head on that property values still climb while the rates stay the same – thus, a higher tax bill. .
Sure, the constitutional limit for homestead properties is 10%/year but that compounds at quite a clip. Doubles in about 7.2 years.