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Property profile & analytics
OFF-MARKET
Office Spaces

1523 Avenue C Katy, TX 77493

1,920 SF Built 1924
Property ID
Property summary
AI-generated overview

This unique mixed-use property at 1523 Avenue C in Katy, Texas, presents a compelling investment opportunity. The 1,920 square foot building, built in 1924, is situated on a substantial lot and offers a blend of historical charm and commercial potential. Currently vacant, this two-story structure is zoned C1 commercial, although it's grandfathered in as residential, providing flexibility for various uses. The asking price is $399,999, translating to $208.33 per square foot. Located in the desirable Katy Independent School District, the property benefits from a low tax rate, with no MUD tax or HOA fees. The main building features three bedrooms and three full bathrooms. A significant addition enhances the property's versatility: a 40ft x 50ft outbuilding in the backyard offers ample space for various commercial applications or expansion. This property is ideal for an entrepreneur seeking a unique space to establish a business in a thriving Katy location, within Harris County, zip code 77493. The property's historical significance and flexible zoning make it a rare find in the Katy market. The substantial lot size and existing outbuilding provide significant expansion possibilities. This is a chance to own a piece of Katy history and capitalize on its commercial potential.

Property profile
Verified
Property type Office Spaces
Year built 1924
Total area 1,920 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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