Commercial Real Estate Market in Leonard, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
74 active listings and 131 off-market properties in Leonard, TX.
Market Trends
Leonard, TX spans 76.9 square miles in Fannin County, Texas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Leonard, 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 Leonard, TX runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Leonard, 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 Leonard, 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 48%
- Agricultural 19.4%
- Commercial 13.4%
- Planned_development 8.6%
- Industrial 7.5%
Largest Zones share of zoned land by district
Single Family Residential District 1
Agricultural
Planned Development District
Manufacturing And Industrial District
General Commercial District
Single Family Residential District 1 (SF-1)
The SF-1 district provides for a minimum residential building site of 9,000 square feet. Density in this district will usually be no greater than four (4) units per gross acre. See Section 10 for SF-1 - Single-Family Residential District regulations.
Market overview
Demographics & Economy
Leonard, TX has 4,802 residents in 1,747 households. Density runs 62 people per square mile. Median household income here is $71,117 and median gross rent $1,067 a month.
4,802
Population
1,747
Households
2.7
Avg Household Size
39
Median Age
19%
College-Educated
84%
High-School Grad
76.9 sq mi
ZIP Area
62
Density / Sq Mi
$71,117
Median Household Income
$42,375
Median Earnings
$1,067
Median Rent
$242,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Bailey | — | — |
| Trenton | — | $13.20 |
| Celeste | — | — |
| Randolph | — | — |
Commercial property in Leonard, TX asks $17/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Leonard?
Commercial property in Leonard, TX asks an average of $17 per square foot.
Where does Realmo's Leonard market data come from?
Realmo compiles Leonard, TX figures from 73 active sale listings, 1 active lease listings, 131 tracked off-market properties, the current Leonard zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 73 active for-sale and 1 active for-lease listings in Leonard, 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: 1,344 zoned acres across 15 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
