Commercial Real Estate Market in Merkel, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
40 active listings and 274 off-market properties in Merkel, TX.
Market Trends
Merkel, TX spans 295.9 square miles in Taylor County, Texas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Merkel, 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 Merkel, TX runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Merkel, 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 Merkel, TX asks $132/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
Market overview
Demographics & Economy
Merkel, TX has 5,133 residents in 2,313 households. Density runs 17 people per square mile. Median household income here is $71,346 and median gross rent $1,187 a month.
5,133
Population
2,313
Households
2.2
Avg Household Size
41
Median Age
14%
College-Educated
93%
High-School Grad
295.9 sq mi
ZIP Area
17
Density / Sq Mi
$71,346
Median Household Income
$41,208
Median Earnings
$1,187
Median Rent
$133,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Blair | — | — |
| Noodle | — | — |
| Stith | — | — |
| Trent | — | — |
Commercial property in Merkel, TX asks $3/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Merkel?
Commercial property in Merkel, TX asks an average of $3 per square foot. Multifamily carries the highest asking price at $132/SF.
Where does Realmo's Merkel market data come from?
Realmo compiles Merkel, TX figures from 39 active sale listings, 1 active lease listings, 274 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 39 active for-sale and 1 active for-lease listings in Merkel, 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.
- 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
