Commercial Real Estate Market in Elsa, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
28 active listings and 281 off-market properties in Elsa, TX. Commercial property asks $141/SF to buy and $15.14/SF/Yr to lease.
Market Trends
Elsa, TX spans 6.4 square miles in Hidalgo County, Texas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Elsa, TX asks $195/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail space in Elsa, TX asks $164/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Elsa, 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 space in Elsa, TX asks $111/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 73.2%
- Commercial 26.8%
Largest Zones share of zoned land by district
Single Family Residential
Commercial
Multi Family Residential
Elsa, TX zones 1,412 acres across 3 districts. Commercial zoning covers 26.8% of zoned land, residential 73.2%. The largest single district is Single Family Residential at 63.5%. For commercial buyers the practical constraint is that only 26.8% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Elsa, TX has 7,535 residents in 3,018 households. Density runs 1,185 people per square mile. Median household income here is $47,657 and median gross rent $759 a month.
7,535
Population
3,018
Households
2.5
Avg Household Size
33
Median Age
9%
College-Educated
83%
High-School Grad
6.4 sq mi
ZIP Area
1,185
Density / Sq Mi
$47,657
Median Household Income
$30,960
Median Earnings
$759
Median Rent
$85,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Edcouch | $141 (county avg) | — |
| La Blanca | $141 (county avg) | — |
| Lull | $141 (county avg) | — |
| La Villa | $141 (county avg) | — |
Commercial property in Elsa, TX asks $141/SF. The 4 bordering markets run from $141/SF in Edcouch to $141/SF in Edcouch, 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 Elsa?
Commercial property in Elsa, TX asks an average of $141 per square foot. Office carries the highest asking price at $195/SF.
How much does it cost to lease commercial space in Elsa?
Asking lease rates in Elsa, TX average $15.14 per square foot per year.
How does Elsa compare to nearby markets on price?
Elsa, TX asks $141/SF against $141/SF in Edcouch, $141/SF in La Blanca, $141/SF in Lull and $141/SF in La Villa.
What zoning applies to commercial property in Elsa?
Elsa, TX zones 1,412 acres across 3 districts, of which 26.8% is commercial and 0% industrial. The largest single district is Single Family Residential at 63.5% of zoned land. Residential zoning covers 73.2% and open space 0%.
Where does Realmo's Elsa market data come from?
Realmo compiles Elsa, TX figures from 25 active sale listings, 3 active lease listings, 281 tracked off-market properties, the current Elsa zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 25 active for-sale and 3 active for-lease listings in Elsa, 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: 1,412 zoned acres across 3 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
