Listing Agency: Taracorp Show Phone

Listed By: Edward Taravella · License #TX 0407858

Source: Crexi

Added: May 22, 2023 Changed: Aug 8 Last Checked: Jul 24 at 9:18AM

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Investment Insights

Based on property information with market context.

This property is ideally suited for multi-family or industrial development. It features approximately 1,312 feet of frontage on Westgreen Boulevard. Utilities are provided by NWHCMUD #12. There is a 60-foot pipeline easement on the eastern boundary. The seller will not subdivide the property. The location is 1.2 miles east of the Grand Parkway. The property is located within the Cy-Fair Independent School District. The 2023 combined tax rate is $2.638064 (per $100 of assessed value).

Key Highlights

• Ideally suited for Multi‑Family or Industrial development.
• Frontage on Westgreen Blvd: 1,312’±
• Just 1.2 miles east of Grand Parkway.

Property Analytics

Property Profile

Current Use

Industrial land

Location Intelligence

Trade Area within ½ mile

1,172

Businesses Nearby

Explore this area Business Placement

Demographics for 77450, TX

72,977

Population

26,259

Households

2.8

Avg Household Size

38

Median Age

53%

College-Educated

95%

High-School Grad

19.7 sq mi

ZIP Area

3,704

Density / Sq Mi

$105,607

Median Household Income

$55,656

Median Earnings

$1,730

Median Rent

$342,000

Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

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Frequently Asked Questions

What type of property is this?

Land - Land suitable for multi-family or industrial development in Katy.

Where is this land located?

The property is located at Westgreen Blvd Katy, TX.

What are key features of this property?

This property features: Ideally suited for Multi‑Family or Industrial development.; Frontage on Westgreen Blvd: 1,312’±; Just 1.2 miles east of Grand Parkway.