Watauga, TX
Commercial Real Estate Market Trends & Data

Watauga's Demographic Profile

Watauga has 7,839 households and a median income of $78,599, providing context for rent absorption and tenant demand across retail and multifamily assets. A +4% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 22,893
# Households 7,839
Median age 38
Median household income $78,599
Avg household size 3.0
Renter-occupied housing units 1,896
5-year population change +4%

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

↻ Updated Monthly

{{marketTabDescriptions[activeMarketTab]}}

Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Watauga $347 2,084 SF 7.08%
North Richland Hills $292 5,341 SF 7.08%
Haltom City $387 9,743 SF 7.08%
Keller $337 5,649 SF 7.50%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Watauga $406 35,409 SF 7.08%
North Richland Hills $275 25,684 SF 7.08%
Haltom City $166 24,953 SF 7.08%
Nearby Retail Markets Avg Cost/SF Typical Size
Watauga $324 7,915 SF
North Richland Hills $357 9,153 SF
Haltom City $471 8,514 SF
Keller $370 12,292 SF
Richland Hills $316 8,667 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Hurst $142 70,308 SF 5.02%
Fort Worth $180 27,376 SF 8.90%
Bedford $142 70,308 SF 5.02%
Euless $135 78,268 SF 5.02%

Commercial Properties For Sale in Watauga

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

Keller Commons

Keller, TX 76248

  • 29,792 SF Retail Building
  • Price Upon Request
For Sale

Car Wash

Watauga, TX 76148

  • 2,493 SF Specialty
  • $475,000
For Sale

2044 Whitley Rd

Keller, TX 76248

  • 3 AC Lot
  • 1 Commercial Lot
  • $1,250,000
For Sale

5802 Watauga Rd

Watauga, TX 76148

  • 3,650 SF Office Building
  • 7.08% Cap Rate
  • $1,250,000
For Sale

Smiley Transportation

Watauga, TX 76148

  • 2,400 SF Office Building
  • $1,675,000
For Sale

Magnolia Office park

Watauga, TX 76148

  • 2.05 AC Lot
  • 1 Commercial Lot
  • $492,266

Average Price For Sale

↻ Updated Monthly

Average Size For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

Nearby Commercial Markets

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

Commercial Markets Avg Cost/SF Average Size
Watauga $327 14,865 SF
North Richland Hills $345 11,666 SF
Haltom City $395 18,330 SF
Keller $434 8,576 SF
Richland Hills $277 10,485 SF

Regional Demographic Comparison

This comparison places Watauga 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 Watauga or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Watauga 22,893 7,839 38 $78,599 3 1,896 4%
North Richland Hills 74,940 29,337 40 $81,444 3 11,665 6%
Haltom City 46,714 16,685 35 $55,434 3 8,078 4%
Keller 46,366 15,872 44 $150,551 3 2,917 5%
Richland Hills 8,479 3,200 40 $67,252 3 1,201 4%

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

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

Watauga 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 Watauga?

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

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

How does Watauga compare to nearby commercial real estate markets?

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

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