frostback

Hi,

A family member is considering contracting with a property manager to lease out their current home (gated, 2 story Tudor, 1 acre lot etc) with easy access to the energy corridor. Suggestions on which companies to go to - or to avoid? Also, what are the tax implications (property tax, etc) since this is currently a principal residence?  (The person will be travelling for a while without any other principal residence).

Thanks in advance!

Some questions re HCAD’s land value (market/appraised) calculation.

I understand that land value is set for an area, and not subject to appeal.

1. Anyone familiar with the algorithm used to calculate land value/sq ft?

2. What is the area over which the algorithm is applied? (neighborhood code, neighborhood group, market area, key map).

3. Is it usual that the same land value/sq ft is applied within a close geographic area, irrespective of the property location/amenities/best use?  For example, land value per sq ft set the same for: a business center/gas station at the intersection of 2 major roads; unimproved vacant land on a small side street; land with and without: city sewer, natural gas access, road access – all within a few blocks of each other.

Thanks in advance for any insights.