Distances: Katy ? Downtown Houston: ~30 miles (˜30–45 min depending on traffic) Growth story (this is why investors are paying attention) Population growth Katy has grown ~35% since 2020 Katy itself saw ~25% growth from 2019–2024 Regional expansion (the bigger picture) The broader Katy-area region: Grew from ~406K (2000) ? 1.06M+ (2025) Expected to keep growing through 2030 This is a major suburban growth corridor, not just a small town story. Income + demographics (very strong for Texas) Median household income: ~$114K+ Above Texas average significantly High concentration of: Families Professionals Dual-income households This supports: Higher rents Stable home values Retail demand Development pipeline (this is what drives appreciation) Massive retail + mixed-use expansion $400M retail project underway (Texas Heritage Marketplace) Includes: Big-box retail (Target, Lowe’s, etc.) Restaurants + lifestyle centers Walkable, community-oriented design This matters because: Retail follows rooftops Then attracts more rooftops (positive feedback loop) Healthcare expansion ~$280M hospital expansion in Katy Healthcare is one of the strongest long-term real estate drivers