As a Texan who moved and bought a home IN California, you’re forgetting about CA Prop 13 (which has its own giant set of problems)— in California, property taxe

As a Texan who moved and bought a home IN California, you’re forgetting about CA Prop 13 (which has its own giant set of problems)— in California, property taxes are not re-assessed after the purchase of the home. In Texas, they are every year _at market rate_. There was a cap introduced in 2022, but it’s still a cap of 10%/year. In many high demand city neighborhoods, you are indeed seeing property taxes grow at 8-10% year. As far as the $2263-4000 difference in property tax the first year, where are you getting that? Texas’ property rate is about 2.12% of market value, forever (it can be more or less, depending on local programs and school districts, but is usually around there) California’s is 0.77%-1.07% the year you buy and is essentially frozen forever. So a $500k house in TX (which is _no longer_ enough for an in-demand Austin or Dallas neighborhood) will often carry the tax tag of a $1m CA home. An $700-1m house in TX (which _is_ where a home in an in demand Dallas neighborhood begins to start) carries roughly the tax burden of a $1.4-2m CA home. That’s a lot more than people expect! And your payment will be increasing, sometimes significantly, forever!