Commercial Real Estate Market in Stephenville, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
49 active listings and 1,012 off-market properties in Stephenville, TX. Commercial property asks $410/SF to buy and $10.75/SF/Yr to lease (based on 3 listings).
Market Trends
Stephenville, TX spans 411.3 square miles in Erath County, Texas. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Stephenville, TX runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Stephenville, TX runs 5.4% across the South region in 2025, down from 7% in 2020.
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%.
Multifamily
Multifamily vacancy in Stephenville, TX runs 11.3% across the South region in 2025, up from 8.5% in 2022.
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
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.
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.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Stephenville?
How much does it cost to lease commercial space in Stephenville?
What zoning applies to commercial property in Stephenville?
Where does Realmo's Stephenville market data come from?
Methodology & data sources
- Asking prices and medians
- There are 45 active for-sale and 4 active for-lease listings in Stephenville, TX. The medians are based on 20 of the for-sale and 3 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.
- 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 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
