Commercial Real Estate Market in Troy, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
59 active listings and 137 off-market properties in Troy, TX.
Market Trends
Troy, TX spans 59.5 square miles in Bell County, Texas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Troy, TX asks $157/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail space in Troy, TX asks $143/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Troy, 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 space in Troy, TX asks $126/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 27.7%
- Commercial 25.4%
- Agricultural 23.7%
- Industrial 17.8%
- Planned_development 5.5%
Largest Zones share of zoned land by district
Agricultural
General Business
Single Family Dwelling 1
Multiple Family Dwelling 2
Heavy Industrial
Troy, TX zones 2,848 acres across 12 districts. Commercial zoning covers 25.4% of zoned land, residential 27.7% and industrial 17.8%. The largest single district is Agricultural at 23.7%. For commercial buyers the practical constraint is that only 43.2% of land carries a commercial or industrial designation.
Agricultural (A)
AGRICULTURAL DISTRICT: Allows detached single-family residences and related accessory structures on a minimum one acre tract. Typical zone upon annexation. UE URBAN ESTATE DISTRICT: Permits detached single-family residential uses and related accessory structures on lots 22,500 square feet in size. SF-1
Market overview
Demographics & Economy
Troy, TX has 5,120 residents in 2,133 households. Density runs 86 people per square mile. Median household income here is $83,146 and median gross rent $1,185 a month.
5,120
Population
2,133
Households
2.4
Avg Household Size
37
Median Age
25%
College-Educated
94%
High-School Grad
59.5 sq mi
ZIP Area
86
Density / Sq Mi
$83,146
Median Household Income
$46,216
Median Earnings
$1,185
Median Rent
$225,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Oenaville | $134 (county avg) | — |
| Belfalls | $134 (county avg) | — |
| Ratibor | $134 (county avg) | — |
| Pendleton | $134 (county avg) | — |
Commercial property in Troy, TX asks $134/SF. The 4 bordering markets run from $134/SF in Oenaville to $134/SF in Oenaville, and the city sits in line with their $134/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Troy?
Commercial property in Troy, TX asks an average of $134 per square foot. Office carries the highest asking price at $157/SF.
How does Troy compare to nearby markets on price?
Troy, TX asks $134/SF against $134/SF in Oenaville, $134/SF in Belfalls, $134/SF in Ratibor and $134/SF in Pendleton.
What zoning applies to commercial property in Troy?
Troy, TX zones 2,848 acres across 12 districts, of which 25.4% is commercial and 17.8% industrial. The largest single district is Agricultural at 23.7% of zoned land. AGRICULTURAL DISTRICT: Allows detached single-family residences and related accessory structures on a minimum one acre tract. Typical zone upon annexation. UE URBAN ESTATE DISTRICT: Permits detached single-family residential uses and related accessory structures on lots 22,500 square feet in size. SF-1 Residential zoning covers 27.7% and open space 0%.
Where does Realmo's Troy market data come from?
Realmo compiles Troy, TX figures from 57 active sale listings, 2 active lease listings, 137 tracked off-market properties, the current Troy zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 57 active for-sale and 2 active for-lease listings in Troy, 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.
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- 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: 2,848 zoned acres across 12 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
