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re: Which OT Houston Baller is going to buy this house?

Posted on 8/17/18 at 3:05 pm to
Posted by BamaTiger00
NOLA
Member since May 2006
840 posts
Posted on 8/17/18 at 3:05 pm to
quote:

What would the property taxes on that run you?


$219,057.62 - in 2017 according to the Harris County Tax Office website.

According to his website, the owner is "the Chairman of Link Group, L.L.C. and WEDGE Equities, L.L.C., as well as a director of the WEDGE Group Incorporated, a Houston-based international investment firm with interests in real estate, manufacturing and oilfield services."

Article on the listing:

LINK
This post was edited on 8/17/18 at 3:10 pm
Posted by SwatMitchell
Austin, TX
Member since Jan 2005
2314 posts
Posted on 8/17/18 at 3:06 pm to
quote:

What would the property taxes on that run you?


Valued at $10MM+, so about $250K/year now --> would double if someone pays asking price of $20MM
-has 10 bedrooms, 15 bathrooms and an elevator...

ETA: Looks like BamaTiger got the exact amount right as I was posting
This post was edited on 8/17/18 at 3:08 pm
Posted by BestBanker
Member since Nov 2011
17493 posts
Posted on 8/17/18 at 3:08 pm to
$837.00 per sq ft
Posted by OysterPoBoy
City of St. George
Member since Jul 2013
35520 posts
Posted on 8/17/18 at 3:10 pm to
quote:

$219,057.62 - in 2017 according to the Harris County Tax Office website.


I’d have to do a little belt tightening but could probably make it work.
Posted by BamaTiger00
NOLA
Member since May 2006
840 posts
Posted on 8/17/18 at 3:12 pm to
quote:

I’d have to do a little belt tightening but could probably make it work.


I'll go halfsies with you. We'll have plenty disposable income that way.
Posted by al_cajun
Baton Rouge
Member since Mar 2017
2442 posts
Posted on 8/17/18 at 3:12 pm to
It's river oaks, please don't post pictures of my house
Posted by OysterPoBoy
City of St. George
Member since Jul 2013
35520 posts
Posted on 8/17/18 at 3:17 pm to
I almost can’t afford not to.
Posted by biglego
Ask your mom where I been
Member since Nov 2007
76552 posts
Posted on 8/17/18 at 3:22 pm to
$20M will get you 1800 sq ft in San Francisco
Posted by waiting4saturday
Covington, LA
Member since Sep 2005
9745 posts
Posted on 8/17/18 at 3:26 pm to
Hey I didn’t know my butler was moving.
Posted by Ed Osteen
Member since Oct 2007
57528 posts
Posted on 8/17/18 at 3:34 pm to
If I had to spend 10-15mm on a house, it would look nothing like that
Posted by LSUSkip
Central, LA
Member since Jul 2012
17621 posts
Posted on 8/17/18 at 3:38 pm to
I'll probably get downvoted, but I don't like it.

Some things about it I like, but I dislike way more.
Posted by Demshoes
Up in here
Member since Aug 2015
10219 posts
Posted on 8/17/18 at 3:48 pm to
kind of ostentatiously tacky
Posted by MardiGrasCajun
Dirty Coast, MS
Member since Sep 2005
5381 posts
Posted on 8/17/18 at 3:48 pm to
Nice camp. Any shots of the owner's home?
Posted by Syd
Member since Sep 2012
2973 posts
Posted on 8/17/18 at 3:51 pm to
Jimbo should buy it, would be a good place for recruits to hang.
Posted by Blob Fish
Member since Mar 2016
3091 posts
Posted on 8/17/18 at 4:02 pm to
Somebody will trick a professional athlete into purchasing it.

Then, that athlete will be bankrupt by age 48.
Posted by CP3LSU25
Louisiana
Member since Feb 2009
51150 posts
Posted on 8/17/18 at 4:32 pm to
People build shitty houses for the money they spend
Posted by ehidal1
Chief Boot Knocka
Member since Dec 2007
37141 posts
Posted on 8/17/18 at 4:36 pm to
Hmmm...well that would be closer to work for me. Thanks for posting!
Posted by Koach K
Member since Nov 2016
4117 posts
Posted on 8/17/18 at 4:37 pm to
Is this considered neo-guido or classical-guido architecture?
Posted by el Gaucho
He/They
Member since Dec 2010
53121 posts
Posted on 8/17/18 at 4:39 pm to
No ot ballers live in Houston. We were able to find jobs in Louisiana like normal people
Posted by BigW
LA
Member since Sep 2005
313 posts
Posted on 8/17/18 at 4:42 pm to
the taxes on my 22,000,000.00 house are $555,808.00 a year. so for a something as pedestrian as a 20 million dollar house you would only be looking at $505,280 a year in taxes
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