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$1,650,000

0 Fm 529, Katy, TX, 77493

On MarketInfo
Baths0 Bath

About this property

Unrestricted and located outside the floodplain, this exceptional 10± acre tract sits adjacent to the highly sought-after Sunterra Subdivision community. Blueberry Mist Drive extends directly to the property’s southeast corner, offering excellent accessibility and development potential. Situated in Katy Independent School District within Harris County, the property is surrounded by rapid growth and major new developments. With convenient access to FM 529, Interstate 10, and Grand Parkway 99, this tract is ideally positioned for residential development, commercial use, or as an investment opportunity. The property currently benefits from an agricultural exemption, keeping taxes low. This offering is part of a larger 28-acre tract with frontage on FM 529. Seller is also open to selling the full 28 acres.

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$0Estimated Mortgage Balance
$0Estimated Equity
0% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,900 /month
Positive
Cash Flow Estimate:
$3,300 /month

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Mahmoud Khalifa

Walzel Properties - Corporate Office

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Katy

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0 Fm 529 | Property Details | No Agent List