Commercial Property Trends in Taylor County Tax Assessor

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Understanding Value Allocation in Taylor County Commercial Real Estate

  • In Taylor County CAD, apartments and retail properties lead the commercial property market, making up a dominant 53% of the total value, according to Taylor County Tax Assessor data.
  • Warehouses and office spaces follow, contributing 34% to the overall commercial value.
  • Medical and hotel properties account for just 9%, reflecting their smaller share in the market.

These insights into County’s commercial property value allocation highlight the significant influence of apartments and retail properties, shaping the local real estate landscape.

Harris County Appraisal District Texas
Commercial-Property-Stats
COMMERCIAL VALUES

Commercial Property Value Fluctuations

  • The commercial property market is showing a promising upward trend, with the total value rising by 7.0% from 2023 to 2024.
  • Medical properties took the lead with an impressive 11.1% growth, while retail and warehouse properties followed closely with gains of 12.1% and 10.3%, respectively.
  • However, apartments (-6.7%) and hotels/motels (-10.8%) faced a decline, reflecting ongoing challenges in these sectors.

These shifts highlight the evolving landscape of Texas Taylor County’s commercial market, with certain property types thriving while others face hurdles.

Taylor County Spotlights the Growth of Commercial Property Values in 2024

  • Taylor County Appraisal District’s commercial tax base has surged by an estimated 7%, signaling a strong market.
  • Over half of the properties (51.8%) saw an increase in their estimated value, reflecting positive growth in the area.
  • Meanwhile, 27.7% of properties maintained the same estimated value as the previous year, showing a steady market presence.

The 2024 Taylor County Central Appraisal District’s commercial tax base reveals significant shifts in property valuations, impacting tax obligations for property owners and providing a clear view of market trends.

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