Commercial Real Estate Market in Panhandle, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
13 active listings and 175 off-market properties in Panhandle, TX.
Market Trends
Panhandle, TX spans 403.3 square miles in Carson County, Texas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Panhandle, 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 Panhandle, TX runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Panhandle, 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 Panhandle, 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
- Commercial 38.4%
- Residential 38.1%
Largest Zones share of zoned land by district
Single Family
Two Family
Retail And Apartment
Commercial
Panhandle, TX zones 1,286 acres across 4 districts. Commercial zoning covers 38.4% of zoned land, residential 38.1%. The largest single district is Single Family at 38.1%. For commercial buyers the practical constraint is that only 38.4% of land carries a commercial or industrial designation.
Single Family (DISTRICT-A)
District. A section of the City of Panhandle for which the regulations governing the area, height, or use of buildings are uniform. Dwelling, Single-Family. A detached building having accommodations for and occupied by only one family. Dwelling, Multiple. A building-used or designed as a residence for three or more families or households living independently…
Market overview
Demographics & Economy
Panhandle, TX has 3,054 residents in 1,430 households. Density runs 8 people per square mile. Median household income here is $86,604 and median gross rent $981 a month.
3,054
Population
1,430
Households
2.1
Avg Household Size
41
Median Age
34%
College-Educated
96%
High-School Grad
403.3 sq mi
ZIP Area
8
Density / Sq Mi
$86,604
Median Household Income
$49,795
Median Earnings
$981
Median Rent
$158,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| White Deer | — | — |
| Masterson | — | — |
| Claude | — | — |
| Groom | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Panhandle?
Panhandle, TX zones 1,286 acres across 4 districts, of which 38.4% is commercial and 0% industrial. The largest single district is Single Family at 38.1% of zoned land. District. A section of the City of Panhandle for which the regulations governing the area, height, or use of buildings are uniform. Dwelling, Single-Family. A detached building having accommodations for and occupied by only one family. Dwelling, Multiple. A building-used or designed as a residence for three or more families or households living independently… Residential zoning covers 38.1% and open space 0%.
Where does Realmo's Panhandle market data come from?
Realmo compiles Panhandle, TX figures from 13 active sale listings, 175 tracked off-market properties, the current Panhandle zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 13 active for-sale and 0 active for-lease listings in Panhandle, 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: 1,286 zoned acres across 4 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
