Commercial Real Estate Market in Elgin, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
131 active listings and 384 off-market properties in Elgin, TX. Commercial property asks $432/SF to buy and $30.74/SF/Yr to lease.
Market Trends
Elgin, TX spans 177.7 square miles in Bastrop County, Texas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Elgin, TX runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Elgin, TX runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Elgin, TX runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Elgin, TX runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 58.5%
- Commercial 19.8%
- Planned_development 16.7%
- Industrial 4.9%
Largest Zones share of zoned land by district
Single Family Dwelling District
Single Family Duplex And Zero Lot Line Two Family District
Highway Commercial District
Planned Development District
Single Family And Duplex Dwelling District
Elgin, TX zones 4,665 acres across 14 districts. Commercial zoning covers 19.8% of zoned land, residential 58.5% and industrial 4.9%. The largest single district is Single Family Dwelling District at 24.7%. For commercial buyers the practical constraint is that only 24.7% of land carries a commercial or industrial designation.
Single Family Dwelling District (R-1)
The R-1 Single-Family Dwelling District is the most restrictive residential district. The principal use is the single-family dwelling and related recreational, religious and educational facilities normally required to provide an orderly and attractive residential area. These residential areas are appropriate to the residential environment. Internal stability…
Market overview
Demographics & Economy
Elgin, TX has 27,275 residents in 10,671 households. Density runs 153 people per square mile. Median household income here is $88,246 and median gross rent $1,317 a month.
27,275
Population
10,671
Households
2.6
Avg Household Size
36
Median Age
24%
College-Educated
81%
High-School Grad
177.7 sq mi
ZIP Area
153
Density / Sq Mi
$88,246
Median Household Income
$48,955
Median Earnings
$1,317
Median Rent
$262,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Beaukiss | — | — |
| Structure | — | — |
| Lund | — | — |
| Littig | — | — |
Commercial property in Elgin, TX asks $432/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Elgin?
Commercial property in Elgin, TX asks an average of $432 per square foot.
How much does it cost to lease commercial space in Elgin?
Asking lease rates in Elgin, TX average $30.74 per square foot per year.
What zoning applies to commercial property in Elgin?
Elgin, TX zones 4,665 acres across 14 districts, of which 19.8% is commercial and 4.9% industrial. The largest single district is Single Family Dwelling District at 24.7% of zoned land. The R-1 Single-Family Dwelling District is the most restrictive residential district. The principal use is the single-family dwelling and related recreational, religious and educational facilities normally required to provide an orderly and attractive residential area. These residential areas are appropriate to the residential environment. Internal stability… Residential zoning covers 58.5% and open space 0%.
Where does Realmo's Elgin market data come from?
Realmo compiles Elgin, TX figures from 123 active sale listings, 8 active lease listings, 384 tracked off-market properties, the current Elgin zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 123 active for-sale and 8 active for-lease listings in Elgin, 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.
- 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: 4,665 zoned acres across 14 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
- 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
