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Tierra Grande

Spring 2021

Spring 2021

In This Issue

Property Tax Appraisals

2021 Tax Proposals

Fixture Lease Addendum

Texas Housing Inventory

Rural Land Rush

2020 Housing Market Review

Chapter 313

TG logo_2025ai_Beyond Magazine

Features

Take It to the Limit
6 minute read
Mar 11 2021

Take It to the Limit

Benefits and Costs of Chapter 313 Tax Limitations

Property taxes pay for government services, but they can discourage good jobs that come with investment. Are tax incentive programs like Chapter 313 a good response?

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In Short Supply
4 minute read
Mar 01 2021

In Short Supply

Low Housing Inventory's Effect on Low-Income Buyers

Texas’ high housing demand means little when there are simply too few homes for sale in certain price brackets. Just ask the many first-time buyers looking to enter the market.

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Taxing Matters
Taxes
7 minute read
Feb 26 2021

Taxing Matters

Proposed Tax Developments Could Hit Real Estate Hard

A new administration in the White House means new tax proposals. Here are some of the major changes planned and how they could affect the real estate industry.

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Dost Thou Protest Too Much?
Taxes
5 minute read
Feb 24 2021

Dost Thou Protest Too Much?

Options for Arguing Property Tax Appraisals

Few things raise one’s hackles more than a property tax increase, but there is a process for airing one’s grievances. Following that process is essential. So is keeping a cool head.

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See Ya Later, Next-Door Neighbor
Land Markets
4 minute read
Feb 22 2021

See Ya Later, Next-Door Neighbor

Urban Buyers Stampede to Rural Texas

If ‘Green Acres’ taught us anything, it’s that “farm livin’ is the life” for some people. That was certainly true in 2020, when many Texas city dwellers packed up and headed to the country.

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How Long Can It Last?
6 minute read
Feb 08 2021

How Long Can It Last?

Strong 2020 Housing Market Moves into Uncertain 2021

If you asked a Magic 8 Ball what’s in store for the housing market this year, it would likely say “ask again later.” Chalk that up to a mix of economic unknowns clouding the forecast.

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Should It Stay or Should It Go?
6 minute read
Jan 28 2021

Should It Stay or Should It Go?

Required TREC Addendum Addresses Fixture Leases

Property improvements such as solar panels or a security system can be a terrific selling point for a house, but they often come with third-party leases attached. TREC’s new contract addendum covers such situations.

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