Commercial Real Estate Market in Terrell, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
257 active listings and 1,541 off-market properties in Terrell, TX. Commercial property asks $68/SF to buy and $10.11/SF/Yr to lease.
Market Trends
Terrell, TX spans 230.9 square miles in Kaufman County, Texas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Terrell, 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 Terrell, TX runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Terrell, 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 Terrell, 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 39%
- Civic 24.4%
- Industrial 13.4%
- Planned_development 12%
- Commercial 10.5%
- Mixed use 0.6%
Largest Zones share of zoned land by district
Agricultural
Single Family Residential 7.5
Light Industrial
Planned Development
Executive Estate Residential
Single Family Residential 7.5 (SF-7.5)
The Single-Family Residential-7.5 (SF-7.5) District is intended to provide for development of primarily detached, single-family residences on smaller and more compact lots of not less than 7,500 square feet in size, churches, schools and public parks in logical neighborhood units. Areas zoned for the SF-7.5 District shall have, or shall make provision for, C…
Market overview
Demographics & Economy
Terrell, TX has 34,184 residents in 11,436 households. Density runs 148 people per square mile. Median household income here is $73,571 and median gross rent $1,088 a month.
34,184
Population
11,436
Households
3
Avg Household Size
39
Median Age
19%
College-Educated
83%
High-School Grad
230.9 sq mi
ZIP Area
148
Density / Sq Mi
$73,571
Median Household Income
$38,186
Median Earnings
$1,088
Median Rent
$222,165
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Elmo | — | — |
| Forney | — | $11.08 |
| Kaufman | — | — |
| Heartland | — | — |
Commercial property in Terrell, TX asks $68/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Terrell?
Commercial property in Terrell, TX asks an average of $68 per square foot.
How much does it cost to lease commercial space in Terrell?
Asking lease rates in Terrell, TX average $10.11 per square foot per year.
Where does Realmo's Terrell market data come from?
Realmo compiles Terrell, TX figures from 232 active sale listings, 25 active lease listings, 1,541 tracked off-market properties, the current Terrell zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 232 active for-sale and 25 active for-lease listings in Terrell, 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: 21,365 zoned acres across 16 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
