$781,000
5126 Grand Phillips Ln, Katy, TX, 77450
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GORGEOUS Home in Grand Lakes offering 4 BDRM's & 4 Full Baths in Main House + the ideal Casita providing another bedroom, full bath & 2 closets! Beautiful heated saltwater pool & jacuzzi w/no byard neighbors! Downstairs Primary BDRM. Formal dining, living room + MASSIVE GMRM w/added Juliet balcony. Generous sized bdrms & walk-in closets. Plenty of storage, windows, tall ceilings & excellent functional space! Plantation shutters, lush landscaping, well maintained & so much more! TX Sized 30 x 31 garage w/extension+enough parking for 8 mid-size vehicles & a toy or 2! Sprinkler & wtr softener sys. Replaced or improved: both HWH's in 2021, BOTH (all of it) HVAC systems in 2018 & 19, roof in 2012, pool htr in 2019, pool lights in 2020, pool resurfaced in 2020, motors for 4 pool features in 2024, both sides of fence in 2021. Grand Lakes is close to everything! See photo comments!
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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Katy
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