Why Williamson County's Commercial Real Estate Surged by 30%—Are You Missing Out?

AUSTIN, TX, UNITED STATES, April 17, 2026 — As the demand for homes and businesses in the Travis County area of Texas continues to surge, Williamson County is emerging as a key player in the real estate market. Over the past decade, property values in Williamson County have more than tripled, reflecting its status as the premier suburban alternative to bustling Austin.

Despite a slight dip in home values of about 2% in 2026, Williamson County's total residential property value remains impressive at $102.39 billion, down from $104.49 billion in 2025. This decrease primarily affected homes valued between $250,000 and $500,000, which lost 3.6% in value while still retaining a total worth of $50.53 billion. Homes priced between $500,000 and $750,000 also saw a minor decline of 0.8%, totaling $27.94 billion.

Interestingly, homes priced under $250,000 experienced the most significant loss, shedding 5.3% of their value. In contrast, the highest tier of housing—those valued over $750,000—continued to appreciate, indicative of the ongoing demand for upscale properties in the region.

Residential properties between 2,000 and 3,999 square feet accounted for the largest portion of value, totaling $80.50 billion, and even saw a 4.3% increase. While smaller homes struggled, larger homes displayed resilience, showing a notable trend where the biggest gains occurred in properties exceeding 6,000 square feet, which grew by 6.2%.

In recent years, approximately 38% of homes in Williamson County have been identified as overvalued, a persistent issue in Texas where appraisal districts often rely on outdated market data. This year, it was reported that about half of the homes were previously overvalued, suggesting the Williamson Central Appraisal District (WCAD) may have made necessary adjustments to its assessments. In 2025, nearly a third of properties were protested, likely contributing to the observed dip in values.

Commercial Growth Amidst Residential Challenges

While residential property values faced challenges, commercial real estate in Williamson County thrived. In 2026, commercial property values surged by 7.2%, reaching $36.24 billion. This substantial growth was chiefly driven by large-scale businesses, particularly those valued over $5 million, which saw a remarkable increase of 9.5%. Properties within the $1 million to $5 million range also experienced a healthy growth rate of 2%.

Among commercial properties, the multifamily housing sector proved to be exceptionally valuable, with apartment complexes totaling $13.85 billion after a 6.2% increase. Notably, raw land, although valuable at $7.18 billion, saw a decline of 6.2%. Retail spaces, on the other hand, experienced a significant growth rate of 16.6%, reaching a total of $4.95 billion, surpassing office spaces, which grew by 6.8% to $4.62 billion.

Interestingly, while analysts at WCAD reported a 7.2% increase in commercial property values, experts at Green Street indicated a national decline of 21% in commercial property values due to issues like unoccupied office spaces and economic instability. This divergence raises the possibility of appealing property assessments to reflect the unique growth dynamics of Williamson County.

As the landscape continues to evolve, property owners in Williamson County, whether residential or commercial, are encouraged to engage in the appeals process to ensure their property tax assessments accurately reflect current market conditions. O'Connor, a leading property tax consulting firm, highlights the ongoing need for property owners to actively participate in tax reduction strategies to mitigate the impact of rising values.

For those seeking assistance, O'Connor offers a Property Tax Protection Program™ designed to help property owners navigate the complexities of tax appeals without upfront fees, emphasizing its commitment to aiding clients in reducing their property taxes effectively. Founded in 1974, O'Connor represents over 185,000 clients across 49 states and Canada, managing approximately 295,000 protests annually.

As Williamson County's real estate market continues to flourish, staying informed and proactive will be essential for property owners looking to maximize their investments and manage their tax obligations.