Understanding Taylor County Texas Property Records Tax and Commercial Market Growth

Harris County Property Tax shifts as new construction reshapes commercial property values, impacting assessments and market trends across the region.

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New Construction Permit and Value Trends in Taylor County

  • Multi-family apartments account for the largest share of new construction permits, making up 44.6%, signaling a strong demand for residential units.
  • The total value of new construction has steadily risen, reaching an impressive $5.8 billion in 2024, underscoring a vibrant commercial sector.
  • While apartments lead in permits, the construction value spans various property types, highlighting the diversity in Taylor CAD commercial real estate market.

These trends point to a growing demand for multi-family housing and an expanding commercial construction market, offering exciting prospects for both investors and homeowners.

Harris County Property Tax
Harris County Property Tax
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Developments in the Taylor County Office Market

  • Taylor County Texas Property Records shows commercial space deliveries reached 1.07 million sq. ft., a significant increase from 830,789 sq. ft. the previous year, reflecting a growing demand for office space.
  • By year-end, 721,503 sq. ft. remained under construction, a decrease from the 1.9 million sq. ft. in the prior year, signaling a shift in development trends.
  • Over 301,000 sq. ft. of space was absorbed, and vacancy rates dipped slightly to 22.5%, down from 23.2% the previous year.

The office market in Taylor CAD continues to evolve, adapting to the changes brought on by the pandemic. These key metrics highlight a dynamic commercial real estate market, with shifts in new construction, space absorption, and vacancy trends, as reflected in Taylor County Appraisal District data.

Taylor County Apartment Market Trends and Insights

  • The apartment market saw strong growth, with 22,251 units delivered, a notable increase from 15,780 units the previous year.
  • A total of 10,805 units were absorbed, though occupancy slipped slightly to 89%, down from 90.6%.
  • Rental rates saw a modest rise of 0.6%, while the median sales price per unit dropped to $116,544 from $135,097 in the previous quarter, reflecting shifting market conditions.

Despite the mixed trends, the apartment market in Taylor County Texas Property Records ended 2023 on a positive note, with strong absorption and continued demand for new construction. These key metrics, as reflected in Taylor County CAD data, highlight a dynamic market, offering property owners valuable insights into rental rates, occupancy, and sales trends.

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Houston Texas Retail Sector

  • The Houston retail sector has demonstrated resilience, even amidst market uncertainties.
  • In 2025, the sector delivered 1.0 million sq. ft. of new space, a decrease from the previous year’s 1.8 million sq. ft.
  • However, absorption remained strong, with 1.5 million sq. ft. absorbed, pushing vacancy rates down to 6.4%, slightly better than last year’s 6.6%.

Rental rates stayed steady, averaging 4.4%, maintaining the same stability as the previous year. As reflected in Taylor County Texas Property Records, while new construction has slowed, the sector’s ability to absorb space shows continued strength, according to Taylor County Central Appraisal District data.

Taylor County’s Warehouse Market Overview

  • The warehouse market saw a surge in deliveries, reaching 31.6 million sq. ft., a significant increase from 24.2 million sq. ft. the previous year.
  • With 17.3 million sq. ft. absorbed, vacancy rates rose to 7.0%, up from 5.2%, signaling a shift in the market.
  • An impressive 34.3% of the new space was pre-leased, while quoted rates saw an 11% year-over-year increase, reflecting strong demand despite the changes.

Although the warehouse sector in the region showed signs of slowing down in 2024—marked by a decrease in under-construction space and absorption the rise in quoted rates indicates a continued interest and investment in this sector, keeping the market dynamic and full of opportunity.

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