Cedar Park - Far Northwest Austin Edition | July 2025

Real estate

BY ANNA MANESS

Home Edition

2025

Welcome to Community Impact ’s 2025 Home Edition. It’s no secret that the real estate market can be challenging to navigate, and with the current economic climate proving to be so unpredictable, it’s hard to know exactly what the future holds. But one thing is clear: Central Texas is continuing to grow at a rapid pace, and with the inux of jobs and development coming to Williamson and Travis Counties comes the need to prepare for some big, exciting changes in the real estate landscape. Luckily, Community Impact has your back. Our team of reporters is looking at the real estate market from all angles, from the state level to local coverage to help keep you informed and ready for whatever comes our way. In this year’s special Home Edition, we’re looking at some statewide legislation that might impact urban lot sizes. We’re investigating home insurance rates and how homeowner’s coverage may not be as comprehensive as they seem. And we’re talking to representatives from Habitat for Humanity about ways to give back to the community.

What's inside

Learn how the Texas legislature is paving the way for denser neighborhoods (Page 33)

Steve Guntli Editor sguntli@ communityimpact.com

Check our helpful guide on understanding and using EV chargers (Page 34)

Read our Q&A with Habitat for Humanity’s Phillip Golden (Page 36)

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Williamson County’s total market value up by $14.41B in 2025

Williamson County saw a spike in its total market value in 2025, rising to $184.69 billion, according to preliminary data from the Williamson Central Appraisal District. The big picture Since 2024, the county’s total market value, which includes residential, commercial, multifamily and land properties, has increased by $14.41 billion, or by 8.47%. At a June 3 Williamson County Commissioners Court meeting, WCAD Chief Appraiser Alvin Lank- ford said the data is preliminary, and market value will drop slightly after protests are settled. Zooming in In 2022, Williamson County saw record increases in property values given the low inventory of homes and high demand. Median residential values in Williamson County are up slightly in 2025, but are not exceeding 2022

values, according to WCAD data. How it works

Williamson County total market value, 202025 Total market value includes existing property value growth and new improvements, said Alvin Lankford, WCAD Chief Appraiser.

Every January, taxable property in Texas must be valued at 100% of its market value to comply with the Texas Property Tax Code. In April or May, a notice of appraised value is mailed out to inform property owners what their proposed values are for the current tax year, according to WCAD’s website. Property owners may le a protest if they disagree with the proposed value by providing evidence, like comparable home sales, to support their opinion. Something of note Lawsuits against appraisal districts have increased “dramatically” over the past few years, specically since 2022 after values increased signi- cantly, Lankford said. In 2024, 674 individual lawsuits were led. There were 262 lawsuits led in 2020 and 42 in 2014, according to Lankford’s presentation.

Total market value

$89.64B

2020 2021 2022 2024 2025 2023

$106.88B

$161.85B $158.92B

$170.27B

$184.69B

$0 $50B $100B $150B $200B

SOURCE: WILLIAMSON CENTRAL APPRAISAL DISTRICTCOMMUNITY IMPACT

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CEDAR PARK  FAR NORTHWEST AUSTIN EDITION

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