Property profile

4249 Roland Rd Katy, TX 77493

FOR SALE
Land
Property ID
US82-1877272
6.78 ac lot
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4249 Roland Rd, Katy, TX 77493 For Sale
$2,250,000
4249 Roland Rd, Katy, TX 77493
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Property summary

AI-generated overview

This exceptional 6.78-acre property in Katy, Texas, presents a unique investment opportunity. Located in Harris County, at 4249 Roland Rd, zip code 77493, this unrestricted land offers significant potential for commercial development. Its prime location near the intersection of Katy Hockley Cut-Off and Clay Rd, and just minutes from the Grand Parkway, ensures high visibility and accessibility. Future infrastructure improvements are planned, including the widening of Clay Road to four lanes at the Roland Road intersection, further enhancing the property's value. Currently, the land includes two residences, which could be repurposed as office space if desired. Importantly, the property is not situated within a flood plain. An added advantage is the availability of an adjacent 9-acre parcel (sold separately), providing the potential to acquire nearly 16 acres of contiguous unrestricted land. This combined acreage would offer even greater development possibilities in this already thriving area. The asking price for this 6.78-acre parcel is $2,450,000.

Property profile

Verified
Property type Land
Lot 6.78 ac (295,337 SF)
UPID US82-1877272

Cap rate & NOI

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

Location

4249 Roland Rd Katy, TX 77493
Katy metro
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Value estimations

Realmo proprietary · 4 methods
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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
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