Before you sign a new construction contract in Richmond, TX, read the MUD Notice to Purchaser. Here's how to read the tax rate, bonds, standby fee, and annexation lines, and what Texas law says about timing.

Home buyers in Katy, TX typically pay 2% to 5% of the purchase price in closing costs — roughly $7,300 to $18,000 on a median-priced home. Texas custom shifts several large costs to the seller, but Katy's MUD districts push prepaid tax escrow higher than buyers expect. Here's the full breakdown.