Retirement Area

[Northernliving]

Originally Posted by dweyant

Thanks guys, lots of good suggestions already!

You are correct that the property tax is set locally, but with no state income tax, it is going up at an alarming rate in most of the state. Mine has gone up 10% (legal max allowed) each of the last four years, and they have raised the rate on top of that...

-Dan

My taxes have more than doubled west of Boston in the past 10 years. 10% seems like a deal!

[Mel]

In Texas property taxes may not increase more than 10% per 3 years.

After age of 65, school taxes are capped. School taxes are the major part of all property taxes and most counties cap all property taxes.

[Northernliving]

Originally Posted by Mel

In Texas property taxes may not increase more than 10% per 3 years.

After age of 65, school taxes are capped. School taxes are the major part of all property taxes and most counties cap all property taxes.

Our "budgets" can't change by more than 2.5% per year (prop 2 1/2), but that doesn't stop the loopholes from sliding through and the taxes going along for the ride. No caps on anything.

Enjoying the discussion in retirement options in warmer weather. Need to start thinking about it at some point, and appreciate the dialog.

[charger81]

Come on down Brian. The water is warm!

Mike

[Northernliving]

Yeah Mike. It's on our short list, and my current RV was born in Texas! Enjoyed living in the Midwest and in the South for a period of time during my career. Thoroughly enjoyed meeting wonderful folks like Gary Platner at 52F who generously helped me with my transition training. A wonderful place to live, no doubt. (Well, for at least 8-9 months of the year!).

Brian

[dweyant]

Originally Posted by Mel

In Texas property taxes may not increase more than 10% per 3 years.

After age of 65, school taxes are capped. School taxes are the major part of all property taxes and most counties cap all property taxes.

That isn't correct Mel.

The appraised value can go up as much as they want (mine went up 30% a couple years ago). They can however, only increase your taxable amount by 10% a year. I've never heard of the 10% every three year thing. If you have a reference to that please share. That would save me about $10,000 over the last couple years.

-Dan

[rvbruce]

Look at Big South Fork Airpark located at KSCX, Scott County, Tennessee. We are a thru-the-fence airpark on a county run public airport. Several options as to lots, housing, hangars. www.bsfairpark.com will give you a look and contacts for a visit. Good luck with your search.

[N941WR]

Check out NC86.

It is a great little community just outside of Greenville, SC.

Email me and I'll send you pictures of my neighbof's house that is about to go up for sale.

[Aggie78]

Located outside of San Marcos, Texas in Caldwell County. About 25 minutes (tollway) to Austin, 15 minutes to San Marcos, 40 minutes to San Antonio.

https://www.realtor.com/realestatean...2_M86911-39143

I am putting up two hangar homes on lots myself and a buddy own. 1 acre lots. These will be the first two to go up at this development. There is a skydive operation with a Caravan at the far north end of the field...mostly a Thursday-Sunday operation.

Close enough to Austin/San Antonio to do the fun stuff located there, but far enough out in the country to not have to deal with everything big population centers bring with them.

PM if you want more info.

Rob

[Fearless]

I visited Big South Fork and have talked with Bill numerous times. If I had the $400,000 to $500,000 it would take to buy a lot and build on I wouldn't hesitate one minute but alas I don't have that. What I really like about it is the houses aren't actually on the airport and a survivor of yours (natural causes) would likely be able to sell to a wider demographic down the road. If your an outdoors type there are a lot of things in the area you'd enjoy as well.