Red Oak, TX
Commercial Real Estate Market Trends & Data

$661 Avg asking sale price
$10,067 Avg asking lease rate
204,632 SF Avg unit lease size
6,899 SF Avg building size for sale

Red Oak's Demographic Profile

Red Oak has 6,333 households and a median income of $95,627, providing context for rent absorption and tenant demand across retail and multifamily assets. A +25% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 18,737
# Households 6,333
Median age 37
Median household income $95,627
Avg household size 3.0
Renter-occupied housing units 1,811
5-year population change +25%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Red Oak, TX

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Lancaster $463 10,757 SF 9.00%
DeSoto $218 13,573 SF 7.21%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Lancaster $148 116,510 SF 9.00%
DeSoto $120 80,686 SF 7.73%
Nearby Retail Markets Avg Cost/SF Typical Size
Red Oak $610 3,025 SF
Glenn Heights $394 15,183 SF
Ovilla $415 10,097 SF
Lancaster $341 9,004 SF
DeSoto $247 35,620 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Midlothian $266 4,098 SF 5.58%
Waxahachie $211 28,861 SF 6.00%
Venus $235 4,889 SF 5.36%
Balch Springs $540 4,535 SF 6.73%

Commercial Properties For Sale in Red Oak

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

1003 FM-664

Red Oak, TX 75154

  • 2,644 SF Office Building
  • $1,150,000
For Sale

966 E Ovilla Rd

Red Oak, TX 75154

  • 3,000 SF Retail Building
  • $710,000
For Sale

429 N State Highway 342

Red Oak, TX 75154

  • 1,000 SF Office Building
  • $425,000
For Sale

Hard Corner 7.27 Acres; SH342 and E. Ovilla

Red Oak, TX 75154

  • 7.27 AC Lot
  • 1 Commercial Lot
  • $1,750,000
For Sale

801 E Ovilla Rd

Red Oak, TX 75154

  • 45.68 AC Lot
  • 1 Residential Income Lot
  • $5,832,842
For Sale

325 State Highway 342

Red Oak, TX 75154

  • 1.04 AC Lot
  • 1 Commercial Lot
  • $379,000

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 Red Oak pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Red Oak $661 6,899 SF
Glenn Heights $394 100,260 SF
Ovilla $439 30,382 SF
Lancaster $308 86,947 SF

Regional Demographic Comparison

This comparison places Red Oak 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 Red Oak or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Red Oak 18,737 6,333 37 $95,627 3 1,811 25%
Oak Leaf 1,824 596 39 $127,110 3 34 22%
Glenn Heights 18,609 6,074 35 $87,580 3 1,598 12%
Ovilla 5,031 1,710 43 $120,515 3 105 23%
Lancaster 39,224 12,904 35 $60,508 3 4,782 -2%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Red Oak, 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 Red Oak

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

Red Oak 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 Red Oak?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Red Oak. 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 Red Oak?

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

How does Red Oak compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Red Oak. 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 Red Oak acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Red Oak, 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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