Commercial Real Estate Market in Troy, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
4 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 October 2026.
Office
Office vacancy in Troy, TX runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Troy, TX runs 5.4% across the South region in 2025, down from 7% in 2020.
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%.
Multifamily
Multifamily vacancy in Troy, 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 27.7%
- Commercial 25.4%
- Agricultural 23.7%
- Industrial 17.8%
- Planned_development 5.5%
Largest Zones share of zoned land by district
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 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.
Tools
Frequently Asked Questions
What does commercial property cost per square foot in Troy?
What zoning applies to commercial property in Troy?
Where does Realmo's Troy market data come from?
Methodology & data sources
- Asking prices and medians
- There are 3 active for-sale and 1 active for-lease listings in Troy, TX. The sale figure is the Bell County average, as too few listings here state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. 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.
- 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 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
