Williamson County to see $6.21B increase in taxable value in 2020

WCAD Chief Appraiser Alvin Lankford presented a property value update to the Commissioners Court on May 19. (Courtesy Adobe Stock)
WCAD Chief Appraiser Alvin Lankford presented a property value update to the Commissioners Court on May 19. (Courtesy Adobe Stock)

WCAD Chief Appraiser Alvin Lankford presented a property value update to the Commissioners Court on May 19. (Courtesy Adobe Stock)

Williamson County will see an approximately $6.21 billion increase in taxable value in 2020, preliminary Williamson Central Appraisal District data shows.

WCAD Chief Appraiser Alvin Lankford presented a property value update to the Commissioners Court on May 19. The values are as of Jan. 1, before a confirmed case of coronavirus in the United States and any economic impact, he said.

The numbers Lankford presented have not been certified but are estimates made by WCAD from appraised home values. Property owners can still protest values which can impact the final numbers, Lankford said.

Data also showed a $5.57 billion increase in total market value in the county in 2020 from $84.84 billion to $90.41 billion. The greatest growth in dollar amount was in residential property with $3.14 billion in growth from $49.74 billion to $52.88 billion, data shows. Lankford said the county saw an about 8,600 new homes year over year, a record high.

The greatest growth rate was in multifamily housing.

“You see a lot of people moving out of Travis County for the lack of affordability and moving to Williamson County and the surrounding counties for a more affordable home,” Lankford said.

The data also showed a 12.66% increase in multifamily housing value and about a 10.15% increase in commercial value, Lankford said. He said much of the commercial property being built is office condos, which allow new small businesses to start up.

The residential market value of homes on less than 20 acres, which Lankford said is a majority as large-acre residential properties are becoming more scarce, was $3.09 billion, he said.

However, the median residential home value has remained relatively the same, increasing $106 from $273,882 to $273,988 year over year, he said.

Lankford said values are usually certified by July 25; however, with the coronavirus and a change in how his office operates to accommodate social distancing guidelines, it will not be done in time. Instead, WCAD is planning to offer 95% of certified values in July with the remainder estimated, he said.

Homeowners can still protest property values. Protests can be made in person, but WCAD is also working on ways protests can be conducted online, Lankford said.
By Ali Linan
Ali Linan began covering Georgetown for Community Impact Newspaper in 2018. Her reporting focuses on education and Williamson County. Ali hails from El Paso and graduated from Syracuse University in 2017.


A medium sized black and white dog.
Two overcapacity Georgetown animal shelters are offering free adoptions through June 20

The shelters have teamed up to help with an overflow of adoptable dogs and cats.

Volunteers of Austin Vaccine Angels gathered after becoming fully vaccinated. (Courtesy Jodi Holzband)
Grassroots groups aimed at vaccine outreach look toward the future

For the past five months, grassroots volunteer groups have been working to connect thousands of Central Texans to COVID-19 vaccines.

The two intersection improvement projects cost $875,350 and took seven months to complete. (Courtesy Williamson County)
Williamson County celebrates completion of projects along Ronald Reagan Boulevard in Georgetown

Williamson County held a ribbon cutting to celebrate the completion of two key intersection improvement projects.

The Bloomhouse—an 1,100-square-foot home in the hills of West Austin—was built in the 1970s by University of Texas architecture students for fellow student Dalton Bloom. It was featured in the Austin Weird Homes Tour of 2020. (Brian Perdue/Community Impact Newspaper)
Austin Weird Homes Tour ends; Z’Tejas to close Arboretum restaurant and more Central Texas news

Read the latest business and community news from the Central Texas area.

The safety and mobility project, which will widen D.B. Wood Road, will begin construction in 2022. (Trent Thompson/Community Impact Newspaper)
Georgetown hosts open house, seeks public feedback on D.B. Wood Road widening project

The City of Georgetown is hosting an open house in person and online where they will present information and take questions regarding the D.B. Wood Road safety and mobility project.

One of the most recent city projects being completed through the use of eminent domain is the Northwest Boulevard Bridge project, an I-35 east-west overpass bridge that connects north of Rivery Boulevard with FM 971. (Fernanda Figueroa/Community Impact Newspaper.
Updated: Georgetown has used eminent domain on 6 city projects since 2016

By acquiring the land, the city has been able to complete six road and wastewater projects.

A continuous flow intersection allows vehicles to cross to the left side of the roadway to make a left turn. (Courtesy Texas Department of Transportation)
TxDOT seeks public input on proposed changes to I-35 in Georgetown

The state agency is proposing major changes between SE Inner Loop and RM 1431, including adding a continuous flow intersection at I-35 and Westinghouse Road.

The front of a small health clinic.
Outpatient clinic opening at end of June in Georgetown

The new clinic will provide care for individuals recovering from debilitating injuries or illnesses, including long-term effects of COVID-19.

A photo of inside a main room of Arbor Academy
Project-based private school in Georgetown now enrolling for August opening

Arbor Academy aims to provide a smaller community for students.

Williamson County Children’s Advocacy Center to get nearly $2M in federal aid for construction budget gap

The funds will go to help the Williamson County Children's Advocacy Center cover increasing lumber costs.