QUOTE (mitchntx @ Dec 17 2006, 08:16 AM)

15 minutes from Motorsports Ranch - Cresson
60 minutes from Texas Motor Speedway
90 minutes from Eagles Canyon
3 hours from Texas World Speedway
5 hours from Hallett motor Racing Circuit
6 hours from Motorsport Ranch - Houston
8 hours from Heartland Park
8 hours from No Problem Raceway
1800sq/ft home, 1200 sq/ft shop, 1 acre lot, 5 minutes from shopping, > $100K
hmmm ... it ain't Kalifonia, but I guess it'll do

If my research is correct, it appears where you live in Hood County Texas has a taxable rate of 38.5 %???? An that is applied to a 15% off exemption of a 100,000 home thus making your property tax 38.5% of $85,000 a year? or about 32,000 per year in taxes? Please tell me I am wrong, I can not find any legible tax rate from Texas. We here in So Cal are mostly at a fixed rate of aprox 1.1 % with a maximun yearly increase of 2% of total paid from year prior. in other words I live in a home I paid $143,000 for and is now valued at $750,000 an my current 2006 property tax total was $1,866, Next year I pay a maximun increase total of $1,903 if that max were to be implemented. In 10 years of ownership, I have paid less than $17,000 in property taxes. I live in a 1900 sf home. I should also add that I do reside in expensive Orange County where the median home price is currently $650,000.
Thats Kalifornia

*Last weekend (Friday night to sunday afternoon)up in the high Desert (ElMirage) camping out and riding toys all weekend (1 hr 15mins away)
http://www.cardomain.com/member_pages/show...52_113_full.jpg*This weekend Friday night partiing at the Newport Beach Boat Parade 06 (20 mins away)
http://www.cardomain.com/member_pages/show...52_114_full.jpgNext weekend we have plans to stay a night in a freinds cabin up in Fawnskin (Bigbear) for some snow fun-All in Calif in December.