Commercial Real Estate Market in Kerrville, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
542 active listings and 1,137 off-market properties in Kerrville, TX. Commercial property asks $141/SF to buy and $16.89/SF/Yr to lease.
Market Trends
Kerrville, TX spans 264.2 square miles in Kerr County, Texas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Kerrville, TX asks $283/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 Kerrville, TX asks $315/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 Kerrville, 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 Kerrville, TX asks $337/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 45.3%
- Civic 19.1%
- Planned_development 17.4%
- Commercial 7.4%
- Special 4.3%
- Agricultural 3.1%
- Mixed use 2.5%
- Industrial 0.9%
Largest Zones share of zoned land by district
Single Family Residential
Public And Institutional
Planned Development
Medium Density Residential
Airport
Single Family Residential (R-1)
Notes (Adopted by Ord 2022-28, September 27, 2022) R-E R-1 R-1A R-2 R-3 R-M R-T C-1 C-2 C-3 IM DAC MU PI AD AG Accessory Building or Structure P P P P1 P P1 P P P P P C C P P P 1 Not permitted for patio homes or townhomes Accessory Dwelling (see Dwelling Unit, Single-Family wit
Market overview
Demographics & Economy
Kerrville, TX has 40,796 residents in 19,286 households. Density runs 154 people per square mile. Median household income here is $65,486 and median gross rent $1,097 a month.
40,796
Population
19,286
Households
2.1
Avg Household Size
51
Median Age
32%
College-Educated
91%
High-School Grad
264.2 sq mi
ZIP Area
154
Density / Sq Mi
$65,486
Median Household Income
$35,884
Median Earnings
$1,097
Median Rent
$281,300
Median Home Value
Tools
Lease vs Buy Breakeven
At $16.89/SF/Yr lease vs $141/SF buy → buying wins if held > 1 years.
At a 12% gross asking yield the payback reads short relative to leasing. 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 |
|---|---|---|
| Ingram | — | — |
| Camp Verde | — | — |
| Center Point | — | — |
| Spring Creek | — | — |
Commercial property in Kerrville, TX asks $141/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Kerrville?
Commercial property in Kerrville, TX asks an average of $141 per square foot. Multifamily carries the highest asking price at $337/SF.
How much does it cost to lease commercial space in Kerrville?
Asking lease rates in Kerrville, TX average $16.89 per square foot per year.
Is it cheaper to lease or buy commercial space in Kerrville?
Buying beats leasing in Kerrville, TX if the property is held longer than 1.0 years, comparing $16.89/SF/Yr asking rent with $141/SF asking price. The model assumes 30% down at 6.5% fixed, 2% of value per year in taxes and upkeep, 3% appreciation, 5% opportunity cost on the cash and a 3% annual rent escalator.
Where does Realmo's Kerrville market data come from?
Realmo compiles Kerrville, TX figures from 511 active sale listings, 31 active lease listings, 1,137 tracked off-market properties, the current Kerrville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 511 active for-sale and 31 active for-lease listings in Kerrville, 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: 13,499 zoned acres across 18 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
