Collin County commercial property values jump 13.8% in 2026

By AI, Created 10:06 AM UTC, May 20, 2026, /AGP/ – Collin County’s commercial real estate values climbed 13.8% in 2026 to $56.58 billion, even as home values were mostly flat. The gains could fuel more property tax protests, especially as overvaluation concerns remain high and national commercial property values have softened.

Why it matters: - Collin County commercial property values rose 13.8% in 2026 to $56.58 billion. - Faster growth in business properties can translate into higher tax bills for owners. - The jump comes as O’Connor says roughly 34% of Collin County homes are overvalued, keeping property tax protests central to the county’s real estate picture.

What happened: - Collin County commercial real estate increased after a 14.8% gain in 2025. - The biggest value gains came from properties worth more than $5 million, which surged 14.4% to $54.65 billion. - Properties worth $1 million to $5 million rose 12.9% to $9.17 billion. - The remaining two commercial value bands totaled about $1.7 billion combined. - Apartments remained the largest commercial property category at $26.27 billion, up 16.8%. - Offices reached $15.41 billion, up 11.4%. - Raw land totaled $13 billion, up 7.8%. - Retail property values climbed to $8.38 billion, up 15.1%. - Warehouses reached $1.52 billion, up 26%.

The details: - Apartments were split into generic apartments and garden apartments. - Generic apartments totaled $26.16 billion, up 16.9%. - Garden apartments totaled $108.05 million, up 8.3%. - For apartment construction age, properties built from 2001 to 2020 held $13.04 billion, up 12.7%. - Apartment construction from 1981 to 2020 totaled $7.4 billion, up 7.7%. - New apartment construction rose 47.5% to $5.45 billion. - Offices followed a similar construction pattern. - Low-rise office buildings totaled $10.10 billion, up 8.4%. - High-rise offices reached $3.26 billion, up 9%. - Medical offices grew 34.5% to $2.05 billion. - Retail was led by strip centers at $3.39 billion, up 15.3%. - Neighborhood shopping centers totaled $3.30 billion, up 16.5%. - Single-occupancy big box stores reached $1.10 billion, up 11.7%. - Community shopping centers grew 85.7% but totaled only $15.60 million. - Warehouses were led by office warehouses at $918.10 million, up 19%. - Generic warehouses rose 37.5% to $579.78 million. - Mini warehouses jumped 154% to $10.04 million. - Metal warehouses increased 19.6% to $6.92 million. - Commercial properties built from 2001 to 2020 held the most value at $28.68 billion, up 12.6%. - Commercial properties from 1981 to 2000 totaled $15.27 billion, up 10.1%. - New construction reached $8.33 billion, up 39.9%. - Raw land accounted for 20% of overall commercial value. - Dallas-area realtors found real home values increased 1.4% while the county appraisal district’s values rose 1.8%. - The Federal Reserve Bank of St. Louis reported national commercial real estate values fell 7% over the past five years.

Between the lines: - The commercial gains are broad, but they are concentrated in the largest property categories and newer assets. - The gap between market performance and appraisal values appears to be enough to keep tax appeals active, even when the differences are small. - The national decline in commercial real estate values adds context, but Collin County’s growth suggests local demand is still running ahead of the broader U.S. trend.

What’s next: - More property tax protests are likely if appraisal growth continues to outpace market sales. - Business owners facing higher assessed values may seek appeals as county values reset upward. - Apartment, office, and warehouse owners will likely stay the most exposed to valuation pressure.

The bottom line: - Collin County’s commercial real estate market is still expanding fast, and that strength is likely to keep tax assessments and appeals elevated.