$500,000 USD will buy you Kinky Friedman’s family home in Austin, Texas, a property graced by the presence of luminaries like Willie Nelson, Joan Baez, Eric Clapton, Bob Dylan, Joni Mitchell, Ringo Starr and Jimmy Buffet.
A lot less than that can make one lucky buyer the owner of a 19th C. fully restored house in Morelia, Michoacán, Mexico, with plenty of change to spare. Now, we’d have to kill you if we uttered any of the names of famous people who’ve dropped in on that place, but I can tell you that members of the United States Congress have sat on the sofa displayed therein. This property, which is surrounded by original high stone walls, bordering three streets, sits only a half a block from where Jose Maria Morelos, the national hero of Mexico, was baptized in a 16th. C. church. Santa Maria de Guido is the most historic neighborhood in Morelia, filled with legend, and one of the most desirable in the entire state. Even if I do live here myself.
The annual tax bill on the Friedman property amounts to $8,109, according to the real estate listing. But you already have heard about how reasonable Mexican real estate taxes are.