Quote:
Originally Posted by Ash Marwah
You pay for infrastructure like roads, sewer etc. as Bond payment and Bond Maintenance payments. Initial Bond on houses in TV range from $25,000 to $50,000 on top of the price of the house. Bond Maintenance in hundreds of dollars continues for the life of the house.
|
We bought a pre-owned home and our bond on a 6 year old house when we bought was $10,000. We are only about 2-3 miles from Brownwood, between CR466A and SR 44. Our assessment went up this year because our fire department service went up 100%.
If you buy in the new area, your bond is closer to $50k than $25k. Our maintenance was $276, bond was $672, fire district fee was $321. All of those are in your yearly tax bill.
Now you have an idea of those costs as well. BTW, we have a patio villa. So if you get a bigger house those assessments would increase.