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0 Grand Parkway
Katy, TX 77449
± 159.2687 Acres on Grand Parkway · Land For Sale · 159.27 AC

INVESTMENT HIGHLIGHTS

  • Grand Parkway Frontage
  • Zoned to Katy ISD
  • Located in the Center of New Growth

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
Total Lot Size 159.27 AC

DESCRIPTION

PROPERTY OVERVIEW » ± 159.27 Acres Total » Tract 1: ± 76.52 Acres » Tract 2: ± 82.75 Acres » Frontage Along Grand Parkway, Clay Road and Stockdick School Road » Located in the Center of New Growth » Surrounded by Several Master Planned Communities » High Visibility from Grand Parkway » Zoned to Katy ISD » Located in Harris County ABOUT KATY, TEXAS Powered by one of the most acclaimed school districts in the state of Texas, Katy area’s growth is fueled by an abundant and talented population, which is growing five to six percent annually. In a survey of Katy area residents, 98% said they would recommend the Katy area as a place to live. The Katy area was rated No. 1 in the United States for growth in 2010 by the Gadberry Group, a site selection consulting firm. Roughly 332,000 people reside in the Katy area and are drawn here by the Katy Independent School District (Katy ISD), which now has over 73,000 students. The Katy area is larger in population than the City of Pittsburgh, PA. Katy’s past growth between the years 2000 and 2010 increased by 84%. This phenomenal growth is projected to continue, fueled by Katy ISD, energy companies and corporations, businesses and entrepreneurs. By the year 2021, projections show that over 372,000 people will reside in Katy, and 550,000 persons are expected to reside in the Katy area by the year 2035. Employment in the Katy area continues to grow at similar pace. The civilian employed population is 161,821 persons (2016) with growth projected to be 194,917 persons by the year 2021 (20.5% increase). The Katy area has a low unemployment rate at 4.3% (7,300 persons). The demographics of the Katy area are grounded in a strong income base with exceptional educational attainment. The average household income of $122,627 (2016) in the Katy area is projected to increase to $143,151 by the year 2021. This income base translates into strong educational attainment above the national average, with over 43.3% (86,287 persons) of the population having bachelor’s or graduate degrees.  NEW RESIDENTIAL COMMUNITIES UNDER DEVELOPMENT WITHIN THREE (3) MILES OF SITE: Westfield Village - 1,556 Acres - 2,500 Addtl. Homes Planned Marcello Lakes - 546 Acres -1,200 Homes Planned Ventana Lakes - 480 Acres - 1,200 Homes Planned Kings Crossing - 320 Acres - 864 Homes Planned Waterstone - 250 Acres - 700 Homes Planned Katy Trails - 70 Acres - 266 Homes Planned Katy Point - 160 Acres - 400 Homes Planned Elyson Community - 3,600 Acres - 6,000 Homes Planned

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0431140000015
  • 0460850000018
  • 0460850000010
Land Assessment
$7,290,456
Improvements Assessment
$0
Total Assessment
$7,290,456
  • Listing ID: 23663097

  • Date on Market: 7/13/2021

  • Last Updated:

  • Address: 0 Grand Parkway, Katy, TX 77449

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