$790,000

Excellent development opportunity in a rapidly growing area with strong potential for residential, mixed-use, or larger planned development. The property is currently zoned Office, but the City has indicated that a zoning change would likely be appropriate as part of a future development plan, providing flexibility for a higher and better use. The tract is located within the City’s TIRZ district, which may provide advantages for future development and infrastructure investment. A major highlight is the property’s location directly across from the proposed Katy Trail Park, a future amenity expected to improve accessibility, connectivity, and overall desirability throughout the surrounding area. The property is also near the end of the highly active Katy Trail, which attracts strong daily and weekend traffic and provides excellent visibility and exposure. Future plans to expand the Katy Trail are expected to bring the trail adjacent to this property, creating an attractive setting for residential, mixed-use, multifamily, retail, hospitality, or other trail-oriented development. Infrastructure is well positioned for future development, with an 8-inch water line located in the roadway. Property Highlights Excellent opportunity for residential or mixed-use development Located within the City’s TIRZ district Currently zoned Office City open to rezoning as part of a future development Directly across from the proposed Katy Trail Park Near the heavily traveled Katy Trail Planned trail expansion expected to extend alongside the property Strong visibility and exposure from trail and area traffic 8-inch water line in the road Well positioned for a larger planned development With its location near the Katy Trail, planned park improvements, infrastructure access, TIRZ designation, and flexible redevelopment potential, this property offers a unique opportunity to create a high-quality residential or mixed-use project in an area positioned for continued growth.