Property profile

5134 Katy Hockley Rd Katy, TX 77493

OFF-MARKET
Land
21 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 21-acre property in Katy, Texas, presents an unparalleled development opportunity. Located at the high-traffic intersection of Katy Hockley Road and Stockdick School Road, this unrestricted land boasts approximately 1,369 feet of frontage on Katy Hockley Road and 678 feet on Stockdick School Road. The property is conveniently situated near the Grand Parkway 99 and Interstate 10, providing easy access to major transportation routes. Existing utilities include electricity, well water, and septic, with public water and sewer readily available nearby. Importantly, this land is located outside of any flood zones. The site's flat terrain and prime location make it ideal for a variety of uses, including single-family residential development, commercial retail centers, grocery stores, restaurants, gas stations, convenience stores, professional offices, medical facilities, mixed-use developments, or multi-family residences. The thriving Katy community offers a high quality of life, excellent schools, and numerous amenities, attracting professionals, families, and businesses alike. This is a rare opportunity to acquire a significant land parcel in a rapidly growing area with high household incomes and a strong business environment. The asking price is $6,300,000, or approximately $300,000 per acre. The property is offered fee simple with APN numbers 043-119-000-0037 and 043-119-000-0010.

Property profile

Verified
Property type Land
Lot 21 ac (914,760 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5134 Katy Hockley Rd Katy, TX 77493
Katy metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5134 Katy Hockley Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message