Commercial Real Estate Market in Shepherd, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
51 active listings and 222 off-market properties in Shepherd, TX.
Market Trends
Shepherd, TX spans 117.7 square miles in San Jacinto County, Texas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Shepherd, 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 Shepherd, TX runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Shepherd, 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 Shepherd, TX runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Market overview
Demographics & Economy
Shepherd, TX has 7,870 residents in 3,158 households. Density runs 67 people per square mile. Median household income here is $78,705 and median gross rent $1,008 a month.
7,870
Population
3,158
Households
2.5
Avg Household Size
38
Median Age
6%
College-Educated
83%
High-School Grad
117.7 sq mi
ZIP Area
67
Density / Sq Mi
$78,705
Median Household Income
$34,326
Median Earnings
$1,008
Median Rent
$155,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Rayburn | — | — |
| Camilla | — | — |
| Goodrich | — | — |
| Rose Hill | — | — |
Commercial property in Shepherd, TX asks $13/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Shepherd?
Commercial property in Shepherd, TX asks an average of $13 per square foot. The 3 most recent recorded sales traded at a median of $14/SF.
Where does Realmo's Shepherd market data come from?
Realmo compiles Shepherd, TX figures from 4 recent recorded sales, 51 active sale listings, 222 tracked off-market properties. 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 Shepherd, 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.
- 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
