0 Barker Spg Rd Katy, TX 77084
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.