Commercial Real Estate Market in Millsap, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
41 active listings and 40 off-market properties in Millsap, TX. Commercial property asks $6,096/SF to buy and $22.68/SF/Yr to lease.
Market Trends
Millsap, TX spans 88.0 square miles in Parker County, Texas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Millsap, 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 Millsap, TX runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Millsap, 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 Millsap, TX runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Market overview
Demographics & Economy
Millsap, TX has 3,816 residents in 1,977 households. Density runs 43 people per square mile. Median household income here is $102,931 and median gross rent $834 a month.
3,816
Population
1,977
Households
1.9
Avg Household Size
42
Median Age
34%
College-Educated
87%
High-School Grad
88 sq mi
ZIP Area
43
Density / Sq Mi
$102,931
Median Household Income
$55,859
Median Earnings
$834
Median Rent
$246,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Cool | — | — |
| Brock | — | — |
| Mineral Wells | — | $14.14 |
| Dennis | — | — |
Commercial property in Millsap, TX asks $6,096/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Millsap?
Commercial property in Millsap, TX asks an average of $6,096 per square foot.
How much does it cost to lease commercial space in Millsap?
Asking lease rates in Millsap, TX average $22.68 per square foot per year.
Where does Realmo's Millsap market data come from?
Realmo compiles Millsap, TX figures from 37 active sale listings, 4 active lease listings, 40 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 37 active for-sale and 4 active for-lease listings in Millsap, 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
