Commercial Real Estate Market in Waxahachie, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
362 active listings and 1,552 off-market properties in Waxahachie, TX. Commercial property asks $105/SF to buy and $6.45/SF/Yr to lease.
Market Trends
Waxahachie, TX spans 213.8 square miles in Ellis County, Texas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Waxahachie, 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 Waxahachie, TX runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Waxahachie, 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 Waxahachie, 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
- Planned_development 41.8%
- Residential 23.2%
- Industrial 11.1%
- Commercial 6.2%
- Civic 0.2%
- Open space 0%
Largest Zones share of zoned land by district
Future Development
Single Family 1
Planned Development Single Family 1
Planned Development Mixed Use Residential
Single Family 2
Single Family 1 (SF-1)
The Single-Family Residential-1 (SF1) Residential Zoning District is intended to provide for development of primarily single-family detached dwelling units on lots of not less than sixteen thousand (16,000) square feet.
Market overview
Demographics & Economy
Waxahachie, TX has 62,260 residents in 23,238 households. Density runs 291 people per square mile. Median household income here is $90,507 and median gross rent $1,565 a month.
62,260
Population
23,238
Households
2.7
Avg Household Size
36
Median Age
29%
College-Educated
90%
High-School Grad
213.8 sq mi
ZIP Area
291
Density / Sq Mi
$90,507
Median Household Income
$46,574
Median Earnings
$1,565
Median Rent
$320,403
Median Home Value
Tools
Lease vs Buy Breakeven
At $6.45/SF/Yr lease vs $105/SF buy → buying wins if held > 4.8 years.
At a 6.1% gross asking yield the payback reads short relative to leasing. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Forreston | — | — |
| Oak Leaf | — | — |
| Ovilla | — | — |
| Red Oak | — | $22.04 |
Commercial property in Waxahachie, TX asks $105/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Waxahachie?
Commercial property in Waxahachie, TX asks an average of $105 per square foot.
How much does it cost to lease commercial space in Waxahachie?
Asking lease rates in Waxahachie, TX average $6.45 per square foot per year.
Is it cheaper to lease or buy commercial space in Waxahachie?
Buying beats leasing in Waxahachie, TX if the property is held longer than 4.8 years, comparing $6.45/SF/Yr asking rent with $105/SF asking price. The model assumes 30% down at 6.5% fixed, 2% of value per year in taxes and upkeep, 3% appreciation, 5% opportunity cost on the cash and a 3% annual rent escalator.
Where does Realmo's Waxahachie market data come from?
Realmo compiles Waxahachie, TX figures from 290 active sale listings, 72 active lease listings, 1,552 tracked off-market properties, the current Waxahachie zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 290 active for-sale and 72 active for-lease listings in Waxahachie, 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: 30,015 zoned acres across 50 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
