Commercial Real Estate Market in Paradise, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
51 active listings and 69 off-market properties in Paradise, TX.
Market Trends
Paradise, TX spans 84.0 square miles in Wise County, Texas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Paradise, 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 Paradise, TX runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Paradise, 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 Paradise, 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
- Agricultural 48.3%
- Residential 44.1%
- Industrial 3.5%
- Commercial 2.1%
- Mixed use 2%
Largest Zones share of zoned land by district
Agriculture
Single Family Residential District
General Business
Mixed Use
Manufacturing Industrial District Heavy
Single Family Residential District (R-1)
R-1 - Single-Family Residential District: The R-1 district permits residential development of densities up to four (4) units per gross acre.
Market overview
Demographics & Economy
Paradise, TX has 6,579 residents in 2,612 households. Density runs 78 people per square mile. Median household income here is $110,224 and median gross rent $1,165 a month.
6,579
Population
2,612
Households
2.5
Avg Household Size
41
Median Age
23%
College-Educated
88%
High-School Grad
84 sq mi
ZIP Area
78
Density / Sq Mi
$110,224
Median Household Income
$46,993
Median Earnings
$1,165
Median Rent
$317,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Bridgeport | — | $13.15 |
| Decatur | — | $24.04 |
| Boyd | — | — |
| Lake Bridgeport | — | — |
Commercial property in Paradise, TX asks $247/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Paradise?
Commercial property in Paradise, TX asks an average of $247 per square foot.
Where does Realmo's Paradise market data come from?
Realmo compiles Paradise, TX figures from 51 active sale listings, 69 tracked off-market properties, the current Paradise zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 51 active for-sale and 0 active for-lease listings in Paradise, 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: 1,281 zoned acres across 7 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
