Round Rock Market Overview: Key Metrics

The Round Rock commercial real estate market in 2026 reflects a market shaped by Dell Technologies, Emerson Electric, Old Navy Distribution, Round Rock ISD, St. David's Medical Center. Here are the key metrics investors and borrowers should know:

  • Multifamily Vacancy: 6.0% — near the national average with healthy absorption
  • Industrial Vacancy: 5.5% — reflecting strong logistics and distribution demand
  • Office Vacancy: 11.5%
  • Retail Vacancy: 6.5%
  • Rent Growth: 6.5% year-over-year
  • Job Growth: 3.5% — outpacing the national average
  • Population Growth: 2.8% annually
  • Median Asking Rent: $1,550

Multifamily Outlook in Round Rock

Industrial & Logistics Market

Office & Retail Dynamics

Financing Landscape in Round Rock

For borrowers in the Austin-Round Rock area, current commercial mortgage rates range from 5.25% for agency multifamily to higher rates for transitional and value-add projects. Key factors that influence your rate include property type, leverage, sponsor experience, and asset location within the metro.

Top Submarkets to Watch

The Round Rock metro features several distinct submarkets that present unique investment opportunities:

  • Downtown Round Rock
  • South Round Rock
  • North Round Rock
  • Cedar Park
  • Pflugerville
  • Hutto
  • Georgetown
  • Taylor TX
  • Leander
  • Liberty Hill
  • Buda
  • Kyle

Each of these submarkets has distinct characteristics in terms of tenant demand, development activity, and pricing. The top investment corridors in Round Rock include Round Rock Downtown, La Frontera, Hutto, Georgetown, Pflugerville.

Investment Outlook: Round Rock 2026

CLS CRE in Round Rock

CLS CRE provides commercial mortgage brokerage services throughout the Austin-Round Rock metropolitan area, with access to 1,000+ lenders including banks, life insurance companies, CMBS conduits, agency lenders, debt funds, and credit unions. Whether you're acquiring, refinancing, or developing commercial property in Round Rock, our market expertise and lender relationships help you secure the most competitive terms available.

Explore our financing programs for Round Rock:

Trevor Damyan, Commercial Mortgage Broker
Trevor Damyan
Commercial Mortgage Broker, CLS CRE | CA DRE 02244836

Trevor Damyan is a commercial mortgage broker at Commercial Lending Solutions with a background in structured finance at CBRE and Marcus and Millichap Capital Corporation. He specializes in bridge loans, construction financing, SBA programs, DSCR loans, and complex capital structures for investors and developers across all 50 states.

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