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1508 East Ave
Katy, TX 77493
Schmidt Funeral Home · Retail Property For Sale
Investment Highlights
- Frontage on East Avenue with direct access from 10th Street and E 5th Street in one of Katy’s most historically significant corridors
- ±6,306 SF single-story building with chapel, staterooms, reception areas, an support spaces already built out
- Explosive Population Growth -Greater Katy has grown roughly 35% since 2020 to more than 400,000 residents.
- Large Urban Lot - ±2.42 acres (105,208 SF) a rare, largely contiguous parcel.
- Ample Parking & Mature Trees- Ample on-site surface parking shaded by a mature tree canopy.
- Near Katy ISD Legacy Stadium and Rhodes Stadium, St. Bartholomew the Apostle Catholic Church, and Old Towne Katy.
Executive Summary
The property is currently occupied by a funeral home a long-standing operator of the facility. Given the site’s layout, scale, and location, the building and land are well-suited for a wide range of reuse or redevelopment scenarios:
• Churches and houses of worship
• Community centers or civic organizations
• Adaptive reuse — office, boutique hospitality,
event venue, medical/wellness
• Residential redevelopment — townhomes,
cottage court, or small-lot single-family
• Full teardown and new ground-up development
• Churches and houses of worship
• Community centers or civic organizations
• Adaptive reuse — office, boutique hospitality,
event venue, medical/wellness
• Residential redevelopment — townhomes,
cottage court, or small-lot single-family
• Full teardown and new ground-up development
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Funeral Home
Building Size
4,590 SF
Building Class
C
Year Built
1969
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.94 AC
Zoning
C-1 - Commercial District
Parking
164 Spaces (35.73 Spaces per 1,000 SF Leased)
Frontage
114’ on East Ave
Amenities
- Pylon Sign
Property Taxes
| Parcel Number | 0220380000021 | Improvements Assessment | $250,000 |
| Land Assessment | $603,000 | Total Assessment | $853,000 |
Property Taxes
Parcel Number
0220380000021
Land Assessment
$603,000
Improvements Assessment
$250,000
Total Assessment
$853,000
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