04/17/2026
As you explore a new townhome at Three Lakes, understanding the tax abatement helps show how the benefits work in your favor from the start.
For the first 6 years, the value of the home is 100% abated, so your property taxes are based on the land only, not the full value of your new home. Then, in years 7–9, the taxable value increases gradually until it reaches the full amount in year 10.
This structure allows you to step into homeownership with lower property taxes early on, creating more flexibility in your monthly budget as you settle in, personalize your space, and build equity. Then, as time goes on, the transition to the full tax amount happens gradually rather than all at once.
It’s a thoughtful approach that gives you the advantage of enjoying a brand new home while easing into the long term costs in a more comfortable, manageable way.
