24515 Roesner Rd Katy, TX 77494
This exceptional 3.14-acre Katy property, located at 24515 Roesner Rd, offers a unique investment opportunity. The property boasts approximately 346 feet of road frontage and enjoys convenient access to Hwy 99 and I-10. The existing structures include a recently renovated, approximately 3,280 square foot home (per owner), in excellent condition, providing ample livable space. A spacious barn, suitable for use as a workshop or garage, is also present. A newer apartment addition, approximately 950 square feet (per owner), is connected to the barn. The property is situated outside the floodplain and features unrestricted zoning, opening up a wide range of possibilities. Infrastructure includes two septic tanks, a shared water well, and three tankless natural gas heaters. A 23kw generator provides backup power. The property's versatility makes it ideal for various uses, including medical rehabilitation centers, special needs housing, elder care facilities, creative studios (dance/art), nurseries, landscaping businesses, or construction services. This is a rare opportunity to acquire a substantial property with existing structures and significant development potential in a desirable Katy location. The asking price is $1,995,950. Showings are by appointment only with 24-hour notice required.
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
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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.