Commercial Real Estate Market in San Marcos, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
135 active listings and 1,232 off-market properties in San Marcos, TX. Commercial property asks $185/SF to buy and $17.93/SF/Yr to lease.
Market Trends
San Marcos, TX spans 192.4 square miles in Hays County, Texas. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in San Marcos, TX has a median asking sale price of $334/SF (based on 7 listings). Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail space in San Marcos, TX has a median asking sale price of $173/SF (based on 5 listings). Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in San Marcos, 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 space in San Marcos, TX has a median asking sale price of $168/SF. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Typical asking range for active listings in San Marcos, TX (the middle half): Sale $155–$216/SF (median $168/SF, 28 listings).
Market overview
Demographics & Economy
San Marcos, TX has 86,584 residents in 36,354 households. Density runs 450 people per square mile. Median household income here is $55,478 and median gross rent $1,294 a month.
Tools
Nearby Markets
Commercial property in San Marcos, TX asks $185/SF. The 2 bordering markets run from $168/SF in Kyle to $422/SF in Wimberley, and the city sits below their $295/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in San Marcos?
How much does it cost to lease commercial space in San Marcos?
How does San Marcos compare to nearby markets on price?
Where does Realmo's San Marcos market data come from?
Methodology & data sources
- Asking prices and medians
- There are 77 active for-sale and 58 active for-lease listings in San Marcos, TX. The medians are based on 44 of the for-sale and 12 of the for-lease listings, those that state a price or rent per square foot. 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.
- 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 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
