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    Barker Spg Rd Katy, TX 77084

    Sponsored
    For Sale
    $3,760,000

    9.6 acres, multi-use potential, excellent location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 9.6-acre parcel presents a unique investment opportunity in the thriving Katy, Texas market. Located on Barker Springs Rd in Harris County, zip code 77084, this cleared land boasts 450 feet of road frontage and an existing curb cut with driveway, significantly reducing development costs. All utilities are readily available, simplifying the construction process. The land is zoned for a variety of uses, making it ideal for a wide range of development projects. Potential uses include multifamily residential (townhomes or single-family homes), retail spaces, office buildings, or warehouse facilities. The asking price is $3,760,000, translating to a land value of $9 per square foot. Given its size, location, and versatility, this property offers substantial potential for significant returns. The property's prime location in Katy provides easy access to major transportation arteries, ensuring convenient commutes for residents and employees. This is a rare opportunity to acquire a large, well-situated tract of land ready for immediate development in a rapidly growing area. Don't miss this chance to capitalize on the booming Katy real estate market.

    Property Features for 0 Barker Spg Rd

    General Information

    Property type
    Land
    Lot Size
    418,176 SF

    HighLights

    • 9.6‑acre cleared land parcel in Katy, TX.
    • Existing curb cut and driveway, 450 feet of road frontage.
    • All utilities available.
    • Zoned for multifamily, retail, office, and warehouse development.
    • $3,760,000 asking price; $9/SF land value.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Katy
    County
    Harris
    State
    Texas
    Longitude
    -95.683340990422
    Latitude
    29.870118915534

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    FAQs

    What type of property is this?
    Land - 9.6 acres, multi-use potential, excellent location.
    Where is this land located?
    The property is located at Barker Spg Rd Katy, TX.
    What is the asking price?
    The asking price for this property is $3,760,000.
    What are key features of this property?
    This property features: 9.6-acre cleared land parcel in Katy, TX.; Existing curb cut and driveway, 450 feet of road frontage.; All utilities available.
    Request Owner's contact information
    Barker Spg Rd Katy, TX 77084
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Barker Spg Rd Katy, TX 77084
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