Estates at Promenade
Oct 30, 2013
The Estates at Promenade is located in the City of Stafford. Nationally acclaimed for its unique achievements, visionary leadership and prudent fiscal management, the City of Stafford is a dynamic, friendly community ideally located and encompassing what is described as an “Island of Business Opportunity” and as a family-oriented place to live.
When the City eliminated its property tax in 1995, for residents and businesses alike, The Wall Street Journal described Stafford as “a Shangri-La for property owners”. Since that time, the City has seen its cash fund balances increase more than tenfold.
The City operates on revenue received from sales taxes, franchise taxes and user fees that are in line with or lower than those in neighboring communities. The Freeport tax exemption, initiated by the City and offered by the school and utility district as well, complements the City’s zero property tax rate and has attracted many diverse companies to the City.
Stafford is strategically located in the fast-growing southwestern section of the Houston metropolitan area with outstanding access to neighboring cities. Houston, the fourth largest city in the country, lies to the northeast; Sugar Land to the west; with Missouri City to the southeast. View a map of Stafford´s location in relation to other communities in the southwest Houston area.
Approximately 20,000 people call Stafford home, and more than 70,000 people come here to work each workday.
The City of Stafford is considered as one of Best Places in the Nation to Live and Launch a Small Business by Fortune Small Business Magazine. U.S. News and World Report calls Stafford “one low-tax retirement gem”.