Commercial Real Estate Market in Stephenville, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
282 active listings and 1,013 off-market properties in Stephenville, TX. Commercial property asks $143/SF to buy and $12.19/SF/Yr to lease.
Market Trends
Stephenville, TX spans 411.3 square miles in Erath County, Texas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Stephenville, 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 Stephenville, TX runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Stephenville, 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 Stephenville, 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 45.8%
- Commercial 19.6%
- Civic 12.7%
- Industrial 11.2%
- Agricultural 6.8%
- Planned_development 3.1%
Largest Zones share of zoned land by district
Single Family Residential
Secondary And Highway Business
City Tarleton School
Industrial
Multiple Family Residential
Stephenville, TX zones 6,873 acres across 15 districts. Commercial zoning covers 19.6% of zoned land, residential 45.8% and industrial 11.2%. The largest single district is Single Family Residential at 27.5%. For commercial buyers the practical constraint is that only 30.8% of land carries a commercial or industrial designation.
Secondary And Highway Business (B-2)
The Retail and Commercial Business District provides areas for the grouping of retail shops and stores offering goods and services for the residents in general. These shopping areas will generally be more densely concentrated and more traffic intensive than allowed in the Neighborhood Business Districts
Market overview
Demographics & Economy
Stephenville, TX has 31,124 residents in 13,826 households. Density runs 76 people per square mile. Median household income here is $60,864 and median gross rent $1,136 a month.
31,124
Population
13,826
Households
2.3
Avg Household Size
29
Median Age
35%
College-Educated
90%
High-School Grad
411.3 sq mi
ZIP Area
76
Density / Sq Mi
$60,864
Median Household Income
$31,052
Median Earnings
$1,136
Median Rent
$252,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Lingleville | — | — |
| Morgan Mill | — | — |
| Dublin | — | — |
| Bluff Dale | — | — |
Commercial property in Stephenville, TX asks $143/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Stephenville?
Commercial property in Stephenville, TX asks an average of $143 per square foot.
How much does it cost to lease commercial space in Stephenville?
Asking lease rates in Stephenville, TX average $12.19 per square foot per year.
What zoning applies to commercial property in Stephenville?
Stephenville, TX zones 6,873 acres across 15 districts, of which 19.6% is commercial and 11.2% industrial. The largest single district is Single Family Residential at 27.5% of zoned land. Residential zoning covers 45.8% and open space 0%.
Where does Realmo's Stephenville market data come from?
Realmo compiles Stephenville, TX figures from 274 active sale listings, 8 active lease listings, 1,013 tracked off-market properties, the current Stephenville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 274 active for-sale and 8 active for-lease listings in Stephenville, 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: 6,873 zoned acres across 15 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
