Commercial Real Estate Market in Westlake, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
41 active listings and 99 off-market properties in Westlake, TX.
Market Trends
Westlake, TX spans 42.3 square miles in Denton County, Texas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Westlake, 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 Westlake, TX runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Westlake, 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 Westlake, 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 75.8%
- Residential 21.1%
- Commercial 2.4%
- Civic 0.8%
Largest Zones share of zoned land by district
Estate Residential
Planned Development
Planned Development
Planned Development
Planned Development
Estate Residential (R-1)
The R-1, estate residential district is intended to be composed of single-family dwellings on lots measuring a minimum of 43560 square feet for the subdivision excluding all required public dedications, including but not limited to rights-of-way, parks, and open spaces.
Market overview
Demographics & Economy
Westlake, TX has 42,592 residents in 16,260 households. Density runs 1,006 people per square mile. Median household income here is $143,093 and median gross rent $1,752 a month.
42,592
Population
16,260
Households
2.6
Avg Household Size
37
Median Age
58%
College-Educated
96%
High-School Grad
42.3 sq mi
ZIP Area
1,006
Density / Sq Mi
$143,093
Median Household Income
$72,418
Median Earnings
$1,752
Median Rent
$527,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Trophy Club | — | — |
| Roanoke | — | $29.23 |
| Flower Mound | — | $24.84 |
| Southlake | — | $24.71 |
Frequently Asked Questions
Where does Realmo's Westlake market data come from?
Realmo compiles Westlake, TX figures from 37 active sale listings, 4 active lease listings, 99 tracked off-market properties, the current Westlake zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 37 active for-sale and 4 active for-lease listings in Westlake, 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: 4,153 zoned acres across 30 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
