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KATY RETAIL – KATY, TX 1815 S Mason Rd 8,737 SF 100% Leased Retail Building Katy, TX 77450 $3,524,000 ($403.34/SF) 7% Cap Rate



Investment Highlights
- Texas is an income tax-free State
- TRAFFIC COUNTS: S Mason Rd - 22,855 CPD | Winding Hollow Dr - 1,336 CPD
- Katy Retail offers proximity to major amenities and is just 27 miles from Houston
- ABSOLUTE NNN LEASE: Tenants are responsible for all expenses
- 2025 DEMOGRAPHICS: Total Population (5MI): 294,262 | Average Household Income (3MI): $149,473
- Attractive location for retail or commercial development.
Executive Summary
Katy ? Downtown Houston: ~30 miles (˜30–45 min depending on traffic)
Growth story (this is why investors are paying attention)
Population growth
Katy has grown ~35% since 2020
Katy itself saw ~25% growth from 2019–2024
Regional expansion (the bigger picture)
The broader Katy-area region:
Grew from ~406K (2000) ? 1.06M+ (2025)
Expected to keep growing through 2030
This is a major suburban growth corridor, not just a small town story.
Income + demographics (very strong for Texas)
Median household income: ~$114K+
Above Texas average significantly
High concentration of:
Families
Professionals
Dual-income households
This supports:
Higher rents
Stable home values
Retail demand
Development pipeline (this is what drives appreciation)
Massive retail + mixed-use expansion
$400M retail project underway (Texas Heritage Marketplace)
Includes:
Big-box retail (Target, Lowe’s, etc.)
Restaurants + lifestyle centers
Walkable, community-oriented design
This matters because:
Retail follows rooftops
Then attracts more rooftops (positive feedback loop)
Healthcare expansion
~$280M hospital expansion in Katy
Healthcare is one of the strongest long-term real estate drivers
Property Facts
Amenities
- Corner Lot
- Signage
- Drive Thru
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
At Dogtopia, they believe in safe socialization, exercise and education for your furry child. Their dog daycare centers provide the utmost in quality care as they separate each dog by size, temperament and promise evaluated, vaccinated dogs in a supervised environment. You can even watch them play all day via their live webcams! While their centers offer dog daycare, boarding and spa services (with some offering grooming and training), their core service is daycare for your dog. Daycare is a purposeful choice made for the love of your dog – a selfless decision to ensure they are happy, healthy and equipped to become a well-rounded pup. Even their boarding services offer your pup an open-play environment to get them the socialization, exercise and education they deserve.
- Krispy Kreme
- Accommodation and Food Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
Services | - | - | - | ||
| Krispy Kreme | Accommodation and Food Services | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 1279070010001 | Improvements Assessment | $1,370,980 |
| Land Assessment | $940,720 | Total Assessment | $2,311,700 |
Property Taxes
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KATY RETAIL – KATY, TX | 1815 S Mason Rd
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