We are thrilled to announce that on June 11th, 2023, the Texas House passed House Bill 2 (HB2), a groundbreaking piece of legislation authored by Representative Jodie Laubenberg. This bill is poised to revolutionize the property tax landscape in Texas, offering an astounding $12 billion in tax relief.

HB2 property tax relief for Texas

HB2 introduces several key provisions that will positively impact property owners throughout the state. First and foremost, it includes a remarkable reduction in the school district maintenance and operations tax rate. Previously set at $1.17 per $100 of taxable value, this rate has now been lowered to just $1.04 per $100 of taxable value. Such a significant decrease will result in substantial savings for homeowners and businesses alike.

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Here’s everything you need to know about the key factors that could make this, the best place for you and your family. So let’s start with the map: Katy, TX is located in Harris County and is part of the Houston - The Woodlands - Sugar Land metropolitan area. It has a population of 15,796 with a median age of 36. The median income in Katy is $70,526 and the median home value is $156,300, which should give you a pretty good idea of its affordability.

Now, it’s no secret that schools and education opportunities are big motivating factors when choosing a best place to live, so here’s a list that might help you with that matter. School districts in Katy are: Aristoi Classical Academy, Katy Independent School District and Calvin Nelms Charter Schools.

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