Keep in mind when you own any property you receive annual tax benefit confer with CPA for all these options. Owning a home live by your own rules not the property owner. Why make a property owner richer when you cover their entire expenses on any property.
Lynn911 Dallas Realtor & Consultant, Loan Officer, Credit Repair Advisor
The Michael Group - Dallas Business Journal Top Ranked Realtors
It all dpends on what town you are looking at. Also, be aware that some towns data is not accurate or consistent (I won't go into details).
The only way to know for sure is to compare the sale prices of recent sales to the current assessment. If you are lucky, you'll determine a ratio. It's a guide but by no means should it replace a thorough market analysis on the specific property.... more