Commercial Real Estate Market in Terrell, TX

Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31

65 active listings and 1,539 off-market properties in Terrell, TX. Commercial property asks $194/SF to buy and $10.00/SF/Yr to lease (based on 9 listings).

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

Zoning Insight Business Placement

Nearby Markets

Market Median Asking Price, $/SF Median Asking Rent, $/SF/Yr
Forney $339 $20.00
Quinlan $123 —

Commercial property in Terrell, TX asks $194/SF. The 2 bordering markets run from $123/SF in Quinlan to $339/SF in Forney, and the city sits below their $231/SF median.

Frequently Asked Questions

What is the median price per square foot for commercial property in Terrell?
Commercial property in Terrell, TX asks a median of $194 per square foot.
How much does it cost to lease commercial space in Terrell?
The median asking lease rate in Terrell, TX is $10.00 per square foot per year (based on 9 listings).
How does Terrell compare to nearby markets on price?
Terrell, TX asks $194/SF, against $339/SF in Forney and $123/SF in Quinlan. Quinlan is the cheapest entry point at 37% below Terrell pricing.
Where does Realmo's Terrell market data come from?
Realmo compiles Terrell, TX figures from 36 active sale listings, 29 active lease listings, 1,539 tracked off-market properties, the current Terrell zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 October 2026.
Methodology & data sources
Asking prices and medians
There are 36 active for-sale and 29 active for-lease listings in Terrell, TX. The medians are based on 12 of the for-sale and 9 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: 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 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