




$62,500
NAL Estimated Property Value5705 2nd St, Katy, TX, 77493
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About this property
Rare opportunity in the heart of Old Katy! This prime commercial lot offers exceptional visibility and a high-traffic location just steps from Katy City Hall, local boutiques, salons, and antique stores. The property features painted parking spaces along the front and a wide paver sidewalk shared with thriving nearby businesses, including Katy Crossing Icehouse. Situated directly across from the City of Katy Visitors Center and Harvest Plaza—a charming park with seating areas—this site benefits from steady foot traffic and strong community engagement year-round. Enjoy incredible exposure during beloved local events such as parades and the annual Katy Rice Harvest Festival. Whether you’re looking to build a storefront, office, or other commercial space, this lot provides a rare opportunity to establish your business in the vibrant and historic downtown district of Katy.
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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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