Lot/Land for sale- Arlington TX
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Updates from October, 2015 Toggle Comment Threads | Keyboard Shortcuts
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Steve Young
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Steve Young
November 3, 2015 Constitutional Amendment Election Ballot Language
Please visit the Texas Legislature Online home page to obtain further information.
Proposition 1 – SJR 1
“The constitutional amendment increasing the amount of the residence homestead exemption from ad valorem taxation for public school purposes from $15,000 to $25,000, providing for a reduction of the limitation on the total amount of ad valorem taxes that may be imposed for those purposes on the homestead of an elderly or disabled person to reflect the increased exemption amount, authorizing the legislature to prohibit a political subdivision that has adopted an optional residence homestead exemption from ad valorem taxation from reducing the amount of or repealing the exemption, and prohibiting the enactment of a law that imposes a transfer tax on a transaction that conveys fee simple title to real property.”
Proposition 2 – HJR 75
“The constitutional amendment authorizing the legislature to provide for an exemption from ad valorem taxation of all or part of the market value of the residence homestead of the surviving spouse of a 100 percent or totally disabled veteran who died before the law authorizing a residence homestead exemption for such a veteran took effect.”
Proposition 3 – SJR 52
“The constitutional amendment repealing the requirement that state officers elected by voters statewide reside in the state capital.”
Proposition 4 – HJR 73
“The constitutional amendment authorizing the legislature to permit professional sports team charitable foundations to conduct charitable raffles.”
Proposition 5 – SJR 17
“The constitutional amendment to authorize counties with a population of 7,500 or less to perform private road construction and maintenance.”
Proposition 6 – SJR 22
“The constitutional amendment recognizing the right of the people to hunt, fish, and harvest wildlife subject to laws that promote wildlife conservation.”
Proposition 7 – SJR 5
“The constitutional amendment dedicating certain sales and use tax revenue and motor vehicle sales, use, and rental tax revenue to the state highway fund to provide funding for non-tolled roads and the reduction of certain transportation-related debt.”
Sincerely,
Steve Young
RE/MAX Associates
(817) 276-5149
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Steve Young
Homeowner Tax Relief Proposition
One of the things that Proposition 1 will do along with lowering property tax, especially helping seniors and people with disabilities by giving them much-needed tax relief is constitutionally ban real estate transfer taxes, which target home sales as another taxing source. This means that Texans won’t ever be double-taxed on their property.
Over the years many of the Realtor’s I’ve met through leadership at the local and State levels in States that had enacted these “real estate transfer taxes” said was if this ever comes to your State fight it. They stated that the transfer tax started out fairly low but within a few years had increased and become a tremendous tax burden.
Well, we’ve been fighting this now for several years and this time we have an opportunity to put a complete stop to it!
See more information at: Texans for Proposition 1
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Steve Young
More good news regarding our State of Texas Real Estate Market
Per the Real Estate Center at Texas A&M Texas home prices, per the latest Multiple Listing Service (MLS) data show Texas home sales had a 9 percent year-over-year increase last month while the median price was up 5.9 percent. Months’ inventory was at 3.6 months. Real Estate Center economists consider 6.5 months a balanced market. Also construction on new homes in Central Texas jumped nearly 8 percent in the third quarter as builders began making up for time lost because of bad weather earlier this year.
If you are thinking of selling it’s still a very strong sellers market but to all you folks interested in homeownership, moving to a larger home or downsizing, with continued low-interest rates it’s a great time for you as well.
Thinking about purchasing a new or pre owned home? Why not consider keeping your current home as an investment property by leasing it? It could be a great opportunity to add income and even funds toward retirement! Call or email me to find out if your situation would work for this or if you would just like more information on purchasing investment property. I have provided professional leasing and property management for over 24 years and know the ins and outs of whether it is a good idea for you to lease out your home and if you would even be able to do it at this time.
Correct knowledge is power and finding out the correct information is the best way to get started! If you like I can email you my leasing and property management synopsis as well.
Best regards,
RE/MAX Associates
(817) 276-5149
http://www.steveyoungtexasrealestate.pro
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Steve Young
Land-lots for sale-Arlington TX
Vacant lot-Central Arlington
Multi-Family, Office
710 E South St
Arlington, TX 76010General Information
Gross Land Area: 0.17 Acres Sale Price: $35,000 Unit Price: $205,882 Per Acre Property Overview
Property is Zoned DNO-RMF-22 1st floor office or non-residential 2nd floor Multi-family.
SW Arlington land to develop
Vacant Land For Sale
Residential (Single Family)
4031 Curry rd
Arlington, TX 76001General Information
Gross Land Area: +/-10 Acres Sale Price: $1.13 PSF Total Price: $493,000 Land Splits Available: Yes Sale Terms: Cash to Seller, Purchase Money Mortgage Property Overview
This property is actually 2 separate parcels of land. The Owner is selling approximately 10 acres of those 2 parcels. The property north of the existing Rush Creek is the property that is For Sale, and no other. The address is 4001 and 4031 Curry Rd., Arlington, Texas 76001. The parcels that are being Sold are located at the end of Park Springs Rd., Arlington, Texas.
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Steve Young
Homeowner Tax Relief Proposition
As a Texas REALTOR®, I want to tell you about an important measure on the ballot this November—it’s called Proposition 1 and it will directly benefit you as a Texas homeowner.
First, let’s look at the official language:
Proposition 1
“The constitutional amendment increasing the amount of the residence homestead exemption from ad valorem taxation for public school purposes from $15,000 to $25,000, providing for a reduction of the limitation on the total amount of ad valorem taxes that may be imposed for those purposes on the homestead of an elderly or disabled person to reflect the increased exemption amount, authorizing the legislature to prohibit subdivision that has adopted an optional residence homestead exemption from ad valorem taxation from reducing the amount of or repealing the exemption, and prohibiting the enactment of a law that imposes a transfer tax on a transaction that conveys fee simple title to real property”
I understand how this language might be scary and confusing, but here’s the breakdown of what this proposed amendment actually does.
- Lowers property taxes by increasing the state-mandated homestead exemption, which saves you money … every year
- Provides tax relief to seniors and disabled Texans by extending the full benefit of the new homestead exemption, which protects some of our most vulnerable homeowners
- Prevents local governments from “undoing” the property tax relief the state is offering, which ensures you keep more of your hard-earned money
- Prohibits state and local governments from slapping a sales tax on real estate transactions in Texas, which stops a tax that burdens consumers in 36 other states!
And … despite what you may have heard, Prop 1 does all this without harming our local school districts.
I hope you’ll head to the polls and Vote For Proposition 1—the Homeowner Tax Relief Proposition.
Election Day is November 3 and early voting runs from Oct. 19-30.
Kind regards,
Steve Young
RE/MAX Associates
(817) 276-5149
Please visit TexansForProp1.com for more information!
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Steve Young
Viewpoints by Kirby Anderson
With of all the congressional spending, there have been some e-mails circulating with common sense sayings written by wise people long ago. One of those is the ten “you cannots.” If you have not seen them, here they are:
1. You cannot bring about prosperity by discouraging thrift.
2. You cannot strengthen the weak by weakening the strong.
3. You cannot help the poor man by destroying the rich.
4. You cannot further the brotherhood of man by inciting class hatred.
5. You cannot build character and courage by taking away man’s initiative and independence.
6. You cannot help small men by tearing down big men.
7. You cannot lift the wage earner by pulling down the wage payer.
8. You cannot keep out of trouble by spending more than your income.
9. You cannot establish security on borrowed money.
10. You cannot help men permanently by doing for them what they will not do for themselves.Over the years they have been incorrectly attributed to Abraham Lincoln. Actually they were written in 1916 by the Reverend William Boetcker, a Presbyterian clergyman and pamphlet writer. The confusion stemmed from a pamphlet published in 1942 entitled Lincoln on Limitations. The pamphlet had a Lincoln quote on one side and these statements by the Boetcker on the other side.
There is wisdom in these ten “you cannots.” Unfortunately, we live in a world today that really believes we can help one part of society by harming another part of society. We need to listen to this wise pastor before we enact more legislation that attempts to help some by harming others.
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Steve Young
September 2015 Newsletter by Steve Young
Welcome to the most current Housing Trends eNewsletter. This eNewsletter is specially designed for you, with national and local housing information that you may find useful whether you’re in the market for a home, thinking about selling your home, or just interested in homeowner issues in general.
Please click on this link to view the Housing Trends September 2015 Newsletter
Steve Young’s Housing Trends Newsletter
The Housing Trends eNewsletter contains the latest information from the National Association of REALTORS®, the U.S. Census Bureau, Realtor.org reports and other sources.
If you are interested in determining the value of your home, click the “Home Evaluator” link for a free evaluation report:Click here for a FREE evaluation of your home or property
Sound decisions can only be made with accurate and reliable information, and I am happy to be a trusted resource for you. Thank you for the opportunity to provide you with this monthly eNewsletter, and I look forward to answering any questions you may have and to the opportunity to be your REALTOR® now and in the future.
Sincerely yours,
Steve Young
RE/MAX Associates
4105 S Bowen Rd Arlington TX 76016817-276-5149
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