Dallas County Tax Appraisal Market Trends for Commercial Property 

Trends in New Construction Permits and Value in Dallas County 

  • Complex construction permits doubled from 80 in AY 2022 to 164 in AY 2024, indicating growth in large-scale projects.
  • Miscellaneous permits surged from 2,553 to 5,014 in 2024, reflecting a diversification of commercial property uses.
  • High-value permits for major constructions demonstrated a 15% increase year-over-year.​

The Dallas County Tax Appraisal system tracks commercial property market shifts, reflecting strong economic growth. In 2024, commercial properties reached a $568.9 billion market value, an 11.98% increase from the previous year. Reappraisal efforts covered 75,000+ parcels, enhancing valuation accuracy across retail, warehouse, and mixed-use developments. Permit trends highlight ongoing construction, reinforcing Dallas County’s development potential.

Harris County Property Tax

Adjustments in the Dallas County Office Market 

  • Office property valuations were adjusted to reflect vacancy challenges in key districts.
  • Increased demand for flexible workspaces, particularly in suburban areas.
  • DCAD supported these adjustments by analyzing over 15,000 office property sales​

The office market faced adjustments in 2024 as businesses adapted to post-pandemic realities and changing workforce dynamics:

Dallas County Apartment Market Overview

  • Valuations in multi-family properties saw slight declines, with increased focus on affordable housing initiatives.
  • New apartment developments in suburban areas surged, reflecting changing demographics and tenant preferences.
  • Reappraisal data identified opportunities for improved valuation accuracy in high-growth neighborhoods.

The apartment market displayed mixed trends in 2024, reflecting shifts in rental demand and housing affordability:

Harris County Property Tax
Harris County Property Tax

Houston Texas Retail Sector 

  • Retail property valuations increased by over 10%, with the highest growth recorded in northern and suburban areas.
  • Significant investments in mixed-use developments, combining retail and residential, fueled growth.
  • E-commerce and logistics facilities also contributed to retail valuation trends.

Retail properties experienced strong growth in 2024, supported by robust consumer spending and new developments:

Dallas County Warehouse

  • Warehouse property valuations increased by 10.3%, reflecting their rising importance in supply chain operations.
  • High-demand areas near transportation hubs experienced the largest valuation jumps.
  • Permits for new warehouse construction continued to grow steadily, with a focus on large-scale logistics facilities.

Warehouses emerged as a critical asset class, driven by the e-commerce boom and logistics demand:

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