Texas Property Values Have Risen

Preliminary state estimates project continued growth in taxable property values through 2028.

Updated on Oct. 1, 2026 in Residential

Isometric editorial illustration showing stylized, modular building blocks on a wide, flat prairie landscape, representing Texas property value growth. — New estimates from the Texas Comptroller project that statewide taxable property values will reach $4.33 trillion by 2026, signaling sustained long-term growth. AI Illustration. Upload story photo >

Live Poll

Do you feel that rising property values are making housing less affordable for your household?

The Texas Comptroller has released new estimates showing statewide taxable property values are projected to reach $4.33 trillion in 2026. This growth comes alongside ongoing housing affordability pressures for residents across the state.

Why it matters

These projections assist in long-term state budget planning and reflect the current fiscal climate for Texas property owners. Policymakers use these metrics to balance the effects of school district homestead exemptions and appraisal caps.

The school district homestead exemption is set at $140,000, while a 20% appraisal cap remains in place for certain non-homestead properties. Projected value increases are forecasted at 2.53% for 2027 and 5.66% for 2028.

The players

Don Huffines

He is the Texas Comptroller responsible for overseeing state financial reports and property value estimations.

The details

The Comptroller's office calculates these future budget estimates based on evolving market trends and current legislative policy requirements. These figures provide a roadmap for the state to manage the impact of property taxes amidst sustained housing affordability challenges.

2025 serves as the base year for property value comparisons.
2026 marks the projection of $4.33 trillion in taxable property value.
2027 is projected to see a 2.53% increase in taxable property value.
2028 is expected to experience a 5.66% increase in property value.

Culture Shift

The projected rise in taxable property values follows the established structure of the Texas school district homestead exemption. These estimates illustrate how legislative tax policy interacts with ongoing market demand to shape the long-term financial landscape for Texas residents.

The ongoing rise in property values may influence future tax liabilities and housing affordability for homeowners throughout Texas. Residents should consider these trends when planning for long-term household budgets and potential changes in property tax obligations.

The takeaway

Taxable property values continue to climb, requiring homeowners to stay informed about how state appraisal caps affect their individual liabilities. Monitoring these preliminary state estimates helps residents anticipate how regional fiscal changes could influence their personal real estate investments.