Property profile

4340 Katy Hockley Cut Off Rd Katy, TX 77493

OFF-MARKET
Land
Property ID
US82-4473900
8.99 ac lot
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Property summary

AI-generated overview

This exceptional 8.99-acre tract presents a remarkable investment opportunity in the burgeoning Katy, Texas area. Strategically located outside the city limits and extraterritorial jurisdiction (ETJ) of Katy, this property boasts convenient access from two major roadways: Katy Hockley Cut Off Road and Roland Road. The current expansion of Katy Hockley Cut Off Road from two to four lanes further enhances accessibility and future development potential. Situated in a rapidly growing residential area, this land offers unparalleled versatility. Its zoning allows for a variety of uses, including but not limited to residential developments (such as townhomes), commercial ventures (like a business park), or industrial applications (for example, a climate-controlled storage facility). The absence of floodplain designation minimizes risk and simplifies development. Essential utilities, including water and sewer, are readily available, significantly reducing infrastructure costs and accelerating project timelines. This property's prime location, combined with its size and accessibility, makes it an ideal choice for developers and investors seeking a foothold in Katy's dynamic real estate market. The information provided is believed to be accurate but should be independently verified. Prospective buyers are advised to conduct their due diligence and consult with appropriate professionals before making any investment decisions. The property is not located within a floodplain.

Property profile

Verified
Property type Land
Lot 8.99 ac (391,604 SF)
UPID US82-4473900

Cap rate & NOI

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

Location

4340 Katy Hockley Cut Off 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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