Commercial Real Estate Market in Palmhurst, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
3 active listings and 41 off-market properties in Palmhurst, TX.
Market Trends
Palmhurst, TX spans 142.2 square miles in Hidalgo County, Texas. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Palmhurst, TX runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Palmhurst, TX runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Palmhurst, TX runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Multifamily
Multifamily vacancy in Palmhurst, TX runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 93.7%
- Commercial 5.8%
- Special 0.5%
Largest Zones share of zoned land by district
Palmhurst, TX zones 2,874 acres across 3 districts. Commercial zoning covers 5.8% of zoned land, residential 93.7%. The largest single district is Single Family Residential at 93.7%. For commercial buyers the practical constraint is that only 5.8% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Palmhurst, TX has 184,136 residents in 64,344 households. Density runs 1,295 people per square mile. Median household income here is $52,861 and median gross rent $870 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Alton | $119 | $18.00 |
| Mission | $120 | $16.79 |
| McAllen | $134 | $24.00 |
| Edinburg | $120 | $25.92 |
Across Hidalgo County, commercial property asks $139/SF. The 4 bordering markets run from $119/SF in Alton to $134/SF in McAllen, and Hidalgo County sits above their $120/SF median.
Frequently Asked Questions
What does commercial property cost per square foot in Palmhurst?
How does Palmhurst compare to nearby markets on price?
What zoning applies to commercial property in Palmhurst?
Where does Realmo's Palmhurst market data come from?
Methodology & data sources
- Asking prices and medians
- There are 0 active for-sale and 3 active for-lease listings in Palmhurst, TX. The sale figure is the Hidalgo County average, as too few listings here state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- 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: 2,874 zoned acres across 3 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
