Commercial Real Estate Market in Lexington, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
38 active listings and 249 off-market properties in Lexington, TX.
Market Trends
Lexington, TX spans 206.6 square miles in Lee County, Texas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Lexington, 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 Lexington, TX runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Lexington, 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 Lexington, 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 43.2%
- Agricultural 24.5%
- Commercial 11.6%
- Civic 8.5%
- Open space 2.7%
Largest Zones share of zoned land by district
Residential
Agricultural
Commercial
Public Use
Institutional
Market overview
Demographics & Economy
Lexington, TX has 4,828 residents in 2,240 households. Density runs 23 people per square mile. Median household income here is $81,371 and median gross rent $1,037 a month.
4,828
Population
2,240
Households
2.2
Avg Household Size
45
Median Age
16%
College-Educated
95%
High-School Grad
206.6 sq mi
ZIP Area
23
Density / Sq Mi
$81,371
Median Household Income
$48,630
Median Earnings
$1,037
Median Rent
$276,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Leo | — | — |
| Tanglewood | — | — |
| Fedor | — | — |
| Lincoln | — | — |
Commercial property in Lexington, TX asks $3,802/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Lexington?
Commercial property in Lexington, TX asks an average of $3,802 per square foot.
Where does Realmo's Lexington market data come from?
Realmo compiles Lexington, TX figures from 36 active sale listings, 2 active lease listings, 249 tracked off-market properties, the current Lexington zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 36 active for-sale and 2 active for-lease listings in Lexington, 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: 941 zoned acres across 8 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
