Commercial Property Trends in Henderson County Appraisal District Texas

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Value Allocation in the Henderson County Commercial Property

  • Apartments and retail properties comprise 52% of the commercial value allocation, according to appraisal data.
  • Warehouses and offices contribute 33% of the total value allocation.
  • Medical and hotel properties contribute only 8% of the total value allocation based on evaluations.

Commercial property value allocation highlights the significant contributions of specific property types. Apartments and retail properties lead the way in Henderson County Appraisal District Texas, accounting for a major share of the total valuation.

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Commercial Property Value Trends

  • In 2024, commercial properties in Henderson County saw an overall 5.2% increase in value.
  • Retail properties experienced the highest growth at 8.4%, with office spaces at 7.2% and warehouses at 6.9%.
  • Apartment complexes and hotels faced a decline of 4.3% and 3.5% respectively, reflecting ongoing challenges in these sectors compared to previous years.

Henderson County Appraisal District has recorded significant shifts in commercial property values, with retail and warehouse sectors showing promising growth, while the hospitality and apartment markets are currently underperforming.

Rising Commercial Property Values Highlighted by Henderson CAD In 2024

  • The commercial tax base has seen an estimated 6% increase in 2024.
  • More than half (52.3%) of commercial properties have witnessed a rise in their estimated value, according to the latest data.
  • 25.1% of properties maintained the same estimated value as last year.

The 2024 commercial tax base in Henderson County Appraisal demonstrates notable shifts in property values, impacting the tax liabilities for property owners.

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