Commercial Real Estate Market in Ovilla, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
11 active listings and 12 off-market properties in Ovilla, TX.
Market Trends
Ovilla, TX spans 47.8 square miles in Ellis County, Texas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Ovilla, 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 Ovilla, TX runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Ovilla, 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 Ovilla, 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 92.4%
- Commercial 7%
- Industrial 0.6%
Largest Zones share of zoned land by district
Residential 1 Acre
Residential 22000 Square Feet
Residential 15000 Square Feet
Residential 5 Acre
General Commercial
Ovilla, TX zones 3,721 acres across 8 districts. Commercial zoning covers 7% of zoned land, residential 92.4% and industrial 0.6%. The largest single district is Residential 1 Acre at 57.6%. For commercial buyers the practical constraint is that only 7.6% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Ovilla, TX has 45,894 residents in 17,170 households. Density runs 960 people per square mile. Median household income here is $96,150 and median gross rent $1,446 a month.
45,894
Population
17,170
Households
2.7
Avg Household Size
36
Median Age
31%
College-Educated
88%
High-School Grad
47.8 sq mi
ZIP Area
960
Density / Sq Mi
$96,150
Median Household Income
$48,112
Median Earnings
$1,446
Median Rent
$296,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Oak Leaf | — | — |
| Glenn Heights | — | — |
| Red Oak | — | $22.04 |
| Desoto | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Ovilla?
Ovilla, TX zones 3,721 acres across 8 districts, of which 7% is commercial and 0.6% industrial. The largest single district is Residential 1 Acre at 57.6% of zoned land. Residential zoning covers 92.4% and open space 0%.
Where does Realmo's Ovilla market data come from?
Realmo compiles Ovilla, TX figures from 10 active sale listings, 1 active lease listings, 12 tracked off-market properties, the current Ovilla zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 10 active for-sale and 1 active for-lease listings in Ovilla, 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: 3,721 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
