California real-estate investor Bruce Norris notes that the cost of owning a property free and clear in Texas can range from double to triple the cost in California. In Texas, a $150,000 home carries an average $5,300 in taxes and insurance, compared to $2,050 in California. (The gap is more pronounced among $1 million homes, where average taxes and insurance reach $32,500 in Texas, compared to $11,500 in California.)
Why Didn’t the Housing Bubble Mess With Texas?
Norris Bruce
Bruce Norris is an active investor, hard money lender, and real estate educator with over 30 years experience. Bruce has been involved in over 2,000 real estate transactions as a buyer, seller, builder and money partner.
- The Norris Group
- Phone: (951) 780-5856
- Fax: (951) 780-9827
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1845 Chicago Avenue, Ste C,
Riverside, CA 92507