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$2,135,000

27675 Fm 529, Katy, TX, 77493

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Baths0 Bath

About this property

Unrestricted and located outside the floodplain, this exceptional 10.7± acre tract offers approximately 185' of frontage on FM 529, with public water and sewer nearby. Adjacent to the highly sought-after Sunterra community, Blueberry Mist Drive extends directly to the property's southeast corner, providing a valuable second access point. Situated in Harris County and Katy ISD, the property is surrounded by rapid growth, new residential communities, and major development. The planned expansion of FM 529 to four lanes with a median will further enhance accessibility and visibility. Conveniently located with access to I-10, Hwy 290, and Grand Parkway (SH 99), this tract is ideally positioned for residential development, commercial use, or long-term investment. The property currently benefits from an agricultural exemption, helping keep taxes low. This offering is part of a larger 28± acre tract with additional frontage on FM 529. Seller is also open to selling the entire 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
$12,810 /month
Positive
Cash Flow Estimate:
$4,270 /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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27675 Fm 529 | Property Details | No Agent List