Commercial Real Estate Market in Katy, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
263 active listings and 4,239 off-market properties in Katy, TX. Commercial property asks $119/SF to buy and $27.73/SF/Yr to lease.
Market Trends
Katy, TX spans 146.4 square miles in Harris County, Texas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Katy, TX runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Katy, TX runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Katy, TX runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Katy, TX runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 44%
- Planned_development 27.6%
- Industrial 17.6%
- Commercial 10.8%
Largest Zones share of zoned land by district
Single Family Residential
Industrial District
Cane Island Master Planned Community
General Business District
Katy Mills Planned Development District
Katy, TX zones 9,933 acres across 17 districts. Commercial zoning covers 10.8% of zoned land, residential 44% and industrial 17.6%. The largest single district is Single Family Residential at 32.5%. For commercial buyers the practical constraint is that only 28.4% of land carries a commercial or industrial designation.
Cane Island Master Planned Community (CI-MPC)
The purpose of the Master Planned Community District, hereinafter referred to as MPC, is to encourage the unified design of large primarily residential communities consisting of eight hundred (800) acres or more a portion of which may be located outside the City in accordance with an approved comprehensive development plan. This district provides for greater…
Market overview
Demographics & Economy
Katy, TX has 383,803 residents in 132,104 households. Density runs 2,622 people per square mile. Median household income here is $113,896 and median gross rent $1,856 a month.
383,803
Population
132,104
Households
2.9
Avg Household Size
34
Median Age
48%
College-Educated
92%
High-School Grad
146.4 sq mi
ZIP Area
2,622
Density / Sq Mi
$113,896
Median Household Income
$55,207
Median Earnings
$1,856
Median Rent
$340,882
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Barker | — | — |
| Caledonia | — | — |
| Kohrville | — | — |
| Jersey Village | — | — |
Commercial property in Katy, TX asks $119/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Katy?
Commercial property in Katy, TX asks an average of $119 per square foot.
How much does it cost to lease commercial space in Katy?
Asking lease rates in Katy, TX average $27.73 per square foot per year.
What zoning applies to commercial property in Katy?
Katy, TX zones 9,933 acres across 17 districts, of which 10.8% is commercial and 17.6% industrial. The largest single district is Single Family Residential at 32.5% of zoned land. Residential zoning covers 44% and open space 0%.
Where does Realmo's Katy market data come from?
Realmo compiles Katy, TX figures from 184 active sale listings, 79 active lease listings, 4,239 tracked off-market properties, the current Katy zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 184 active for-sale and 79 active for-lease listings in Katy, TX. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 9,933 zoned acres across 17 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
