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    1020 Texas Heritage Pkwy Katy, TX 77494

    • Land
    • 11.48 lot acres
    For Sale
    View listing
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 1020 Texas Heritage Pkwy

    Lot size
    11.48 lot acres
    Property type
    Land

    Description

    This exceptional 11.476-acre commercial land parcel presents a prime investment opportunity in Katy, Texas. Strategically located in West Houston, the property boasts convenient access to Interstate 10 via Texas Heritage Parkway at 1020 Texas Heritage Pkwy, 77494. The site is designated for commercial and light industrial development, with deed restrictions prohibiting multi-family or single-family residential construction. Utilities are readily available nearby, making this site ideal for immediate development. While approximately 4.1294 acres are within a designated floodplain, the substantial remaining acreage offers ample space for a variety of commercial projects. The property's size and location within a rapidly growing area of West Houston make it an attractive prospect for businesses seeking a strategic foothold in a thriving market. Detailed surveys and floodplain maps are available upon request. This is a rare opportunity to acquire a significant land holding in a highly desirable location with excellent access to major transportation arteries. Serious inquiries only.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Katy
    County
    Waller
    State
    Texas
    Longitude
    -95.8248
    Latitude
    29.742

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    Katy, TX 77494
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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
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