Commercial Property trends in Ellis County Appraisal District Texas

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Value Allocation in the Commercial Property Market

  • Apartments and retail spaces account for approximately 47 percent of commercial valuations, based on appraisal data.
  • Warehouses and office buildings represent around 38 percent of the total commercial value.
  • Hotels, medical facilities, and similar property types contribute the remaining 15 percent of value.

This distribution reflects how different property types shape the commercial landscape under the Ellis County Appraisal District assessments.

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

Commercial Property Value Trends

  • Commercial property values rose by 6.8% from 2023 to 2024, signaling continued investor confidence and market resilience.
  • Retail properties led the growth at 11.5%, followed by warehouses at 9.6%, and medical facilities at 8.9%, based on appraisal trends.
  • In contrast, apartments declined by 5.9%, while hotel and motel properties dropped by 9.7%, reflecting ongoing recovery challenges.

According to Ellis County appraisal district Texas data, the commercial property landscape is evolving, with distinct performance across sectors as recorded by Ellis County CAD

Rising Commercial Property Values Highlighted

  • The commercial tax base rose by approximately 6.9% year-over-year.
  • An estimated 52.3% of commercial properties recorded an increase in their appraised value.
  • Around 26.5% of properties maintained the same value as the previous year.

The valuations by the Ellis County central appraisal district reflect significant shifts in commercial assessments, directly affecting tax responsibilities for property owners.

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