Cameron County tax Appraisal District Overview of Residential Property Trends

insights in Residential Property of Cameron County Appraisal district

The Cameron County Appraisal District ensures fair property valuations, supporting essential services through Cameron County tax revenue. With rising residential values, new construction remains strong, driven by demand and investment. A growing tax base funds infrastructure, schools, and public services, shaping the local real estate market and economy.

Cameron County Tax
Cameron County Tax

Cameron County Residential Property Statistics

  • During the 2021 tax year, taxable property values rose by 7.99%.
  • New construction added $489.63 million in property values, with residential properties accounting for 49.8% of the total.
  • At full tax collection, new residential builds contributed significantly to the projected $1.76 million tax revenue increase.
  • Looking ahead, the county expects $1.65 million in property tax revenue from newly developed properties in the 2024-2025 fiscal year.

Significant residential property growth in Cameron County CAD has driven up taxable values, leading to increased property tax revenue.

Cameron County New Construction Growth & Residential Boom Leads Expansion

  • Residential properties added $298,859,478 in new taxable value, making up the largest share of new construction.
  • Multifamily developments followed, contributing $51,339,435 and meeting rising demand for diverse housing options.
  • Commercial and industrial projects totaled $34,387,049, representing 7.5% of new taxable property values.
  • Farm and ranch improvements accounted for $9,497,610, supporting rural property expansion.
  • In total, $449.44 million in new taxable construction was recorded, generating an estimated $1,882,772 in tax revenue at full collection.

Cameron County’s rapid construction boom is fueling economic development, with single-family homes leading the way.

Cameron County Tax
Cameron County Tax
Cameron County Tax

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