Prime Development Opportunity – 0 Star Lane, Katy, TX
This 7.83-acre tract offers a rare opportunity to acquire a high-visibility development site in one of Houston’s most dynamic and rapidly growing submarkets. Strategically located at the intersection of Star Lane and Katy Fort Bend Road with direct connectivity to Kingsland Boulevard, the property provides exceptional exposure, access, and flexibility for commercial, mixed-use, or specialty development.
Strategic Location
Unique Infrastructure Advantage
The property benefits from a Reimbursement Agreement – City of Katy, allowing developers to fund essential infrastructure improvements—water, sewer, drainage, parks, roads—with potential reimbursement from Katy Management District No. 1 through bond sales or surplus funds.
Thriving Market Environment
Surrounding Developments
Ideal Development Uses
✓ 7.83-acre prime commercial tract at the intersection of Star Lane and Katy Fort Bend Road
✓ Located within Katy’s fastest-growing corridor near Interstate 10 and Grand Parkway (SH-99)
✓ Surrounded by major anchors: Katy Mills Mall, Typhoon Texas Waterpark, Memorial Hermann Katy Hospital, and Katy Boardwalk
✓ City of Katy Reimbursement Agreement allows reimbursement for infrastructure improvements via Katy Management District No. 1
✓ No impact or capital recovery fees; only standard user and connection fees apply
✓ Ideal for retail, entertainment, hospitality, mixed-use, or flex-tech developments
✓ High visibility and accessibility with regional traffic drivers and affluent demographics
✓ Average household income within 3 miles exceeds $90,000
✓ Pro-business jurisdiction with streamlined permitting and strong municipal support
Prime Development Opportunity – 0 Star Lane, Katy, TX
This 7.83-acre tract offers a rare opportunity to acquire a high-visibility development site in one of Houston’s most dynamic and rapidly growing submarkets. Strategically located at the intersection of Star Lane and Katy Fort Bend Road with direct connectivity to Kingsland Boulevard, the property provides exceptional exposure, access, and flexibility for commercial, mixed-use, or specialty development.
Strategic Location
Unique Infrastructure Advantage
The property benefits from a Reimbursement Agreement – City of Katy, allowing developers to fund essential infrastructure improvements—water, sewer, drainage, parks, roads—with potential reimbursement from Katy Management District No. 1 through bond sales or surplus funds.
Thriving Market Environment
Surrounding Developments
Ideal Development Uses
✓ 7.83-acre prime commercial tract at the intersection of Star Lane and Katy Fort Bend Road
✓ Located within Katy’s fastest-growing corridor near Interstate 10 and Grand Parkway (SH-99)
✓ Surrounded by major anchors: Katy Mills Mall, Typhoon Texas Waterpark, Memorial Hermann Katy Hospital, and Katy Boardwalk
✓ City of Katy Reimbursement Agreement allows reimbursement for infrastructure improvements via Katy Management District No. 1
✓ No impact or capital recovery fees; only standard user and connection fees apply
✓ Ideal for retail, entertainment, hospitality, mixed-use, or flex-tech developments
✓ High visibility and accessibility with regional traffic drivers and affluent demographics
✓ Average household income within 3 miles exceeds $90,000
✓ Pro-business jurisdiction with streamlined permitting and strong municipal support
