and when you're part of the city you can pay city property taxes on top of your county property taxes which will no doubtly will get higher due to the increased value of your land being part of the city.

i do. many people here do. not everyone here is an idiot like you. Many other people here have land they might want to develop in the future and hearing other's stories about how they did it is cool and interesting.

Might be a prob if he wanted to live there or hold the land long term, but I don't see any mention of that. :)

All jokes aside, good for you kane.

Sure, if the annex passes the vote my taxes will go up a little because I will now have to pay city taxes on top of county, state etc. Also, the value of the land as it sits should go up a little bit just because it is now eligible for city services.

However, if I do put a house on it then the value of the land will go up considerably and so will the taxes. But if I do that I would either sell/rent the house I live in now and live in the new place or just build it and sell it so the tax increase wouldn't bother me for too long.

My ideal situation is that eventually I can get the multi-residence zoning and just sell the land to a developer and walk away with a nice profit.

Dirty hippies smelling up my field :)

At least I would hope they would pass the bowl.

Congrats, man. Most of the time, annexations of empty land go through with no opposition so it should be a sure thing. I congratulate you on your success, man. 10 acres of near urban land is quite an asset to have.

Live there or not he still has to pay the taxes. He'll hold the land until he can sell it. What makes you think he can sell it fast in this economy? Heck my next door neighbors have a really nice house that's been on the market for almost 3 years moved out of it a year and a half ago. dropped the price by 25-30% Still can't sell it. So they are paying 2 payments. This house and the house they moved to.

50 huge things inside me

At this point the time frame is wide open. The annex isn't on the ballot until the 2012 election. So if it passes it will be early 2013 before it even goes through. Assuming that happens I then need to get re-zoned. There is no telling how long that could take. I did some research and it looks like once the annex happens my taxes on the land will increase by a few hundred dollars per year. So it is going to go up, but I am willing to pay that for what I can potentially gain down the road.

you already fucked yourself by talking about it before it actually happens

Awesome shot at making a lot of millions, nice!