Williamson County Central Appraisal District Market Trends for Commercial Property

Williamson county central appraisal district

Williamson County Central Appraisal District Market Trends for Commercial Property

The commercial property market in Williamson Texas continues to adapt to growing demand and economic shifts. New construction projects are shaping the Williamson county central appraisal district adding significant square footage and influencing property values.

Key Trends in New Commercial Space Development

  • 311 new commercial properties were added in 2024, marking an increase from 180 in 2023.
  • The industrial sector saw 15.16 million SQFT of new space, the largest contributor to commercial construction.
  • New office buildings contributed 669,620 SQFT, reflecting continued business expansion in the county.

The demand for commercial space is evident in the type and scale of new constructions.

Williamson county central appraisal district

Key Sectors Driving New Construction

  • Hotels/motels added 223 new rooms, meeting growing tourism demands.
  • 6,319 apartment units were introduced, reflecting a strong demand for residential-commercial integration.
  • Companies like Samsung and Apple continue to expand, adding to the county’s commercial footprint.

Several industries continue to push new developments across Williamson County CAD.

The Role of WCAD in Commercial Growth

  • Regular field inspections (2,607 in 2024) help evaluate the impact of new constructions on market value.
  • Aerial assessments provide a broad-scale overview of commercial growth trends.
  • The district continues to refine its appraisal methods to support the county’s expanding commercial real estate sector.

WCAD ensures accurate assessments for new commercial developments to maintain fair property valuations.

Williamson county central appraisal district