I’d like to see how the land is classified, regardless. If it’s genuinely urban land, it should be taxed heavily enough to make it hurt if it is appraised correctly.
It’s possible this land is subject to delinquent taxes that, in Texas, incur significant interest.
Also, I’d want to know about zoning to see if the city has restricted the use of the land. Zoning is a double-edged sword as well.
It’s possible this land is subject to delinquent taxes that, in Texas, incur significant interest.
Also, I’d want to know about zoning to see if the city has restricted the use of the land. Zoning is a double-edged sword as well.