Grow Northwest Houston

Competitive Advantage

The northwest Houston area is home to the operations and headquarters of ten Fortune 500 companies. Six of the top 10 manufacturers in Houston have their operations here.

This is because of northwest Houston's:

  • Abundant & Diverse Workforce
  • Low Cost of Real Estate
  • Transportation Infrastructure
  • Proximity to George Bush International Airport
  • Access to the Port of Houston
  • Relaxed Land Use Regulations

Taxes

Income Tax

Texas does not levy personal or business income tax.

Sales Tax

The State levies a sales and use tax on retail sales and services of 6.25%. Municipalities, counties and transit authorities can level additional sales tax, however, the maximum amount of sales tax charged cannot exceed 8.25% per state statute.

Property Tax

Harris County, in addition to school districts, public safety districts, utility districts and other special improvement districts, levies ad valorem taxes on the value of real and personal property. To research taxes on specific properties, please visit the Harris County Appraisal District at www.hcad.org.

Harris County Business & Industrial Property Value Calculation Guidelines

Franchise Tax

This is a state privilege tax imposed on each taxable entity formed or organized in Texas or doing business in Texas. www.comptroller.texas.gov/taxes/franchise/

Incentives

Harris County is renowned for its business friendly environment. This is demonstrated through an array of State and County incentives available to qualifying companies expanding or relocating in the area.

State Incentives:

Texas Enterprise Fund

Known as the "Deal Closer," this is a cash grant incentive offered to companies bringing in significant jobs and capital investment at a single site and competing with another out-of-state option.

Skills Development Fund

The Skills Development Fund is Texas' premier job-training program providing local customized training opportunities for Texas businesses and workers to increase skill levels and wages of the Texas workforce.

Manufacturing Sales Tax Exemption

Texas sales and use tax exempts tangible personal property that becomes a component of a manufactured product for sale and taxable services used on a manufactured product to make it more marketable.

Pollution Control Equipment Incentive

A property tax exemption on pollution control equipment used wholly or partly for preventing, monitoring, controlling or reducing air, water or land pollution.

Harris County/Local Incentives:

Property Tax Abatement

Agreements which exempt a portion of the increased value in real or personal property from taxation for a period not to exceed 10 years.

Green Building Tax Abatement

Provides a property tax exemption on buildings constructed which achieve LEED Certification. Buildings are qualified by value and level of certification.

Enterprise Zone Program

A tool for local communities to partner with the State to promote job creation and capital investment in economically distressed areas.

Freeport Tax & Goods in Transit Exemption

The Aldine, Cy-Fair, Klein and Spring Independent School Districts offer an exemption on property taxes for any inventory exported outside the State within 175 days. Freeport property includes goods, wares and merchandise.

Goods In Transit are acquired inside or outside the state, detained at a facility in which the owner of the goods has no direct or indirect ownership of the facility, detained for storing purposes by the person who acquired or imported the property, and then shipped to another location in or out of this state within 175 days.

Foreign Trade Zones (FTZ)

Harris County is designated as a Foreign Trade Zone giving an importing/exporting company located in the County the ability to take advantage of duty and tariff savings.

Infrastructure

Air

The entire northwest Houston area is only minutes from George Bush International Airport (IAH). IAH is served by 26 airlines flying non-stop to five continents with flights to 190 destinations, including 72 international.

David Wayne Hooks Airport, located just south of the 99 Grand Parkway in northwest Houston is a popular airport with many of our corporate users.

Hobby Airport in south Houston is located within an hour of northwest Houston and a hub for Southwest Airlines.

Land

Northwest Houston has incredible highway connectivity which has made it a popular location for many warehouse and distribution centers for the region. Our area is accessed by US Interstate 45, Hardy Tollway, State Highway 249, Texas 290, 99 Grand Parkway and Beltway 8.

Mass transit is served by METRO. Local bus service has several routes through northwest Houston in addition to park and service routes originating to and from downtown Houston.

Sea

The Port of Houston is ranked 1st in the US in foreign tonnage and the largest container ship port in the US Gulf Coast. Easy access to the port along Beltway 8 (and the 99 Grand Parkway in the future) is another reason northwest Houston is attractive to industrial and warehouse users.

Telecommunications

Northwest Houston telecommunications network is robust. Fiber optics and redundant broadband services are delivered from an array of network service providers.

Power & Gas

Centerpoint Energy, an investor-owned utility, is the primary distributor of electricity and natural gas in the Houston area. However, electricity distribution was deregulated in Texas in 2002 opening the door for many service providers to enter the market offering electrical services. Centerpoint continues to own and operate the distribution infrastructure.

Water & Sewer

Water and sewer services in northwest Houston are predominately served by any number of municipal utility districts (MUDs). Contact our office or your realtor to find out which MUD serves the site where you intend to locate or expand your business.