High-visibility 7.83-acre commercial tract located at Star Ln & Katy Fort Bend Rd, minutes from I-10 and Grand Parkway (SH-99). Positioned in one of Houston’s fastest-growing and most desirable submarkets, this site offers unmatched exposure and development flexibility for retail, hospitality, entertainment, or mixed-use projects.
Key Investment Highlights
Strategic Location: Adjacent to Katy Mills Mall, Typhoon Texas Waterpark, and Memorial Hermann Katy Hospital—three of the area’s strongest traffic generators.
Infrastructure Advantage: Potential reimbursement opportunity through a City of Katy agreement for qualifying water, sewer, drainage, road, and park improvements, subject to district approval and bond proceeds.
Cost Efficiency: No impact or capital-recovery fees; utilities built to City of Katy and TCEQ standards.
Market Strength: Within a high-growth corridor surrounded by master-planned communities including Cinco Ranch, Elyson, and Bridgeland.
Demographics: Over $90,000 average household income within a 3-mile radius; rapid housing and retail expansion supporting sustained commercial demand.
Development Flexibility: Ideal for destination retail, hospitality, or flex-tech uses seeking frontage visibility and access to a strong consumer base.
Summary
This rare Katy land opportunity combines location, visibility, and potential cost recovery through the City’s reimbursement framework—making it an exceptional long-term investment for developers and brokers targeting one of Greater Houston’s most dynamic corridors.