Ovilla, TX
Commercial Real Estate Market Trends & Data

$439 Avg asking sale price
$3,367 Avg asking lease rate
66,162 SF Avg unit lease size
30,382 SF Avg building size for sale
7.18% Average cap rate

Ovilla's Demographic Profile

Ovilla has 1,710 households and a median income of $120,515, providing context for rent absorption and tenant demand across retail and multifamily assets. A +23% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 5,031
# Households 1,710
Median age 43
Median household income $120,515
Avg household size 3.0
Renter-occupied housing units 105
5-year population change +23%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Ovilla, TX

↻ Updated Monthly

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Nearby Retail Markets Avg Cost/SF Typical Size
Ovilla $415 10,097 SF
Glenn Heights $394 15,183 SF
Red Oak $462 3,017 SF
DeSoto $240 37,237 SF
Cedar Hill $259 6,527 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Midlothian $265 4,098 SF 5.58%
Venus $235 4,889 SF 5.36%
Waxahachie $211 28,861 SF 6.00%

Commercial Properties For Sale in Ovilla

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

671, 675, 683 GRIGSBY WAY

Cedar Hill, TX

  • $9,200,000
For Sale

1101 S Hampton Rd

DeSoto, TX 75115

  • 22,500 SF Industrial Building
  • $1,900,000
For Sale

902 Kck Way

Cedar Hill, TX 75104

  • 17,820 SF Industrial Building
  • $2,200,000
For Sale

Bear Creek Elegance

Glenn Heights, TX 75154

  • 27 AC Lot
  • 1 Residential Income Lot
  • $4,300,000
For Sale

1226 W Belt Line Rd

DeSoto, TX 75115

  • 1.49 AC Lot
  • 1 Commercial Lot
  • $779,000
For Sale

910 KCK Way

Cedar Hill, TX 75104

  • 9,000 SF Industrial Building
  • $2,100,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Ovilla pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Ovilla $439 30,382 SF
Glenn Heights $394 100,260 SF
Red Oak $652 36,814 SF
DeSoto $205 59,626 SF

Regional Demographic Comparison

This comparison places Ovilla alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Ovilla or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Ovilla 5,031 1,710 43 $120,515 3 105 23%
Glenn Heights 18,609 6,074 35 $87,580 3 1,598 12%
Oak Leaf 1,824 596 39 $127,110 3 34 22%
Red Oak 18,737 6,333 37 $95,627 3 1,811 25%
DeSoto 54,564 19,567 41 $79,610 3 6,666 -2%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Ovilla, TX and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Ovilla

View All Commercial Real Estate For Sale in Ovilla
Is Ovilla a good market for a first-time commercial real estate investor?

Ovilla offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Ovilla?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Ovilla. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Ovilla?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Ovilla. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Ovilla compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Ovilla. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Ovilla acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Ovilla, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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