Commercial Real Estate Market in Leander, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
254 active listings and 964 off-market properties in Leander, TX. Commercial property asks $400/SF to buy and $19.67/SF/Yr to lease.
Market Trends
Leander, TX spans 156.9 square miles in Williamson County, Texas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Leander, TX asks $553/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 vacancy in Leander, TX runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Leander, 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 Leander, 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 61%
- Planned_development 27.5%
- Commercial 6.9%
- Industrial 2.3%
- Open space 0.3%
- Civic 0.2%
Largest Zones share of zoned land by district
Single Family Rural
Planned Unit Development Single Family
Single Family Urban
Single Family Suburban
Single Family Compact
Leander, TX zones 23,054 acres across 34 districts. Commercial zoning covers 6.9% of zoned land, residential 61%, open space 0.3% and industrial 2.3%. The largest single district is Single Family Rural at 33.9%. For commercial buyers the practical constraint is that only 9.2% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Leander, TX has 97,477 residents in 40,643 households. Density runs 621 people per square mile. Median household income here is $128,102 and median gross rent $1,813 a month.
97,477
Population
40,643
Households
2.4
Avg Household Size
37
Median Age
50%
College-Educated
95%
High-School Grad
156.9 sq mi
ZIP Area
621
Density / Sq Mi
$128,102
Median Household Income
$60,888
Median Earnings
$1,813
Median Rent
$443,601
Median Home Value
Tools
Lease vs Buy Breakeven
At $19.67/SF/Yr lease vs $400/SF buy → buying wins if held > 10.7 years.
At a 4.9% 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 |
|---|---|---|
| Whitestone | — | — |
| Round Mountain | — | — |
| Cedar Park | — | $20.34 |
| Andice | — | — |
Commercial property in Leander, TX asks $400/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Leander?
Commercial property in Leander, TX asks an average of $400 per square foot. Office carries the highest asking price at $553/SF.
How much does it cost to lease commercial space in Leander?
Asking lease rates in Leander, TX average $19.67 per square foot per year.
Is it cheaper to lease or buy commercial space in Leander?
Buying beats leasing in Leander, TX if the property is held longer than 10.7 years, comparing $19.67/SF/Yr asking rent with $400/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.
What zoning applies to commercial property in Leander?
Leander, TX zones 23,054 acres across 34 districts, of which 6.9% is commercial and 2.3% industrial. The largest single district is Single Family Rural at 33.9% of zoned land. Residential zoning covers 61% and open space 0.3%.
Where does Realmo's Leander market data come from?
Realmo compiles Leander, TX figures from 179 active sale listings, 75 active lease listings, 964 tracked off-market properties, the current Leander zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 179 active for-sale and 75 active for-lease listings in Leander, 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: 23,054 zoned acres across 34 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
