Commercial Real Estate Market in Smithville, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
63 active listings and 323 off-market properties in Smithville, TX.
Market Trends
Smithville, TX spans 177.1 square miles in Bastrop County, Texas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Smithville, 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 Smithville, TX runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Smithville, 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 Smithville, 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
- Residential 46.7%
- Commercial 26.7%
- Industrial 12.1%
- Planned_development 4.4%
- Open space 3.4%
Largest Zones share of zoned land by district
Single Family Dwelling
Highway Commercial
Single Family Dwelling And Duplex
Industrial
Community Facilities
Smithville, TX zones 2,614 acres across 13 districts. Commercial zoning covers 26.7% of zoned land, residential 46.7%, open space 3.4% and industrial 12.1%. The largest single district is Single Family Dwelling at 25.5%. For commercial buyers the practical constraint is that only 38.7% of land carries a commercial or industrial designation.
Single Family Dwelling (SF-1)
SF-1 - Single Family Residential District A. Description. The SF-1 Single Family Residential District, or SF-1 District, is the most restrictive zoning district. The principal use of land is for single-family dwellings. These residential areas are appropriate to residential environment. Internal stability, attractiveness, order and efficiency are encouraged…
Market overview
Demographics & Economy
Smithville, TX has 10,214 residents in 4,743 households. Density runs 58 people per square mile. Median household income here is $62,796 and median gross rent $1,169 a month.
10,214
Population
4,743
Households
2.2
Avg Household Size
45
Median Age
24%
College-Educated
89%
High-School Grad
177.1 sq mi
ZIP Area
58
Density / Sq Mi
$62,796
Median Household Income
$39,731
Median Earnings
$1,169
Median Rent
$246,500
Median Home Value
Tools
Nearby Markets
Frequently Asked Questions
What zoning applies to commercial property in Smithville?
Smithville, TX zones 2,614 acres across 13 districts, of which 26.7% is commercial and 12.1% industrial. The largest single district is Single Family Dwelling at 25.5% of zoned land. SF-1 - Single Family Residential District A. Description. The SF-1 Single Family Residential District, or SF-1 District, is the most restrictive zoning district. The principal use of land is for single-family dwellings. These residential areas are appropriate to residential environment. Internal stability, attractiveness, order and efficiency are encouraged… Residential zoning covers 46.7% and open space 3.4%.
Where does Realmo's Smithville market data come from?
Realmo compiles Smithville, TX figures from 60 active sale listings, 3 active lease listings, 323 tracked off-market properties, the current Smithville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 60 active for-sale and 3 active for-lease listings in Smithville, 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: 2,614 zoned acres across 13 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
