Commercial Real Estate Market in Alton, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
158 active listings and 220 off-market properties in Alton, TX. Commercial property asks $141/SF to buy and $6.56/SF/Yr to lease.
Market Trends
Alton, TX spans 36.7 square miles in Hidalgo County, Texas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Alton, TX asks $195/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail space in Alton, TX asks $164/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Alton, TX runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Multifamily
Multifamily space in Alton, TX asks $111/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 64.8%
- Commercial 18%
- Civic 9.9%
- Agricultural 4.9%
- Industrial 2.4%
Largest Zones share of zoned land by district
Alton, TX zones 4,168 acres across 16 districts. Commercial zoning covers 18% of zoned land, residential 64.8% and industrial 2.4%. The largest single district is Single Family Residential Large Lot at 27.2%. For commercial buyers the practical constraint is that only 20.4% of land carries a commercial or industrial designation.
Public P Consists of governmental, civic, public service facilities. This includes schools, churches, governmental offices, and parks. 3.2.13 Neighborhood Commercial C-1 Consists of various types of small scale, limited impact commercial retail, personal services and office uses. Provides convenience to the residents of the neighborhood. 3.2.10 General Comme…
Market overview
Demographics & Economy
Alton, TX has 42,229 residents in 13,339 households. Density runs 1,151 people per square mile. Median household income here is $51,185 and median gross rent $909 a month.
Tools
Lease vs Buy Breakeven
At $6.56/SF/Yr lease vs $141/SF buy → buying wins if held > 13.1 years.
The comparison uses county-wide sale comps against Alton asking rents, so the implied 4.6% gross yield is computed off asking rents rather than a closed-deal cap-rate benchmark. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Palmhurst | $141 (county avg) | — |
| Mission | $141 (county avg) | $14.56 |
| Citrus City | $141 (county avg) | — |
| Abram | $141 (county avg) | — |
Commercial property in Alton, TX asks $141/SF. The 4 bordering markets run from $141/SF in Palmhurst to $141/SF in Palmhurst, and the city sits in line with their $141/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Alton?
How much does it cost to lease commercial space in Alton?
Is it cheaper to lease or buy commercial space in Alton?
How does Alton compare to nearby markets on price?
What zoning applies to commercial property in Alton?
Where does Realmo's Alton market data come from?
Methodology & data sources
- Asking prices and averages
- Computed from 141 active for-sale and 17 active for-lease listings in Alton, TX. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 4,168 zoned acres across 16 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- the lease-vs-buy comparison mixes county-wide sale comps with city asking rents, office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue