Prime unrestricted 2.05-acre commercial investment in the explosive Katy Hockley growth corridor. Surrounded by new rooftops and accelerating commercial development, this property offers strong visibility, high demand, and exceptional redevelopment upside. Sold as one combined tract with two income-producing homes ideal for office use, rental income, or on-site operations during phased construction.
8406 Katy Hockley Rd: artisan upgrades; roof approx. 10 yrs; picnic tables included.
8412 Katy Hockley Rd: roof approx. 1 yr with transferable warranty; includes 2 refrigerators, dishwasher, microwave, burn pit, shed, extra tile crown.
Unrestricted use supports a convenience store, retail strip center, flex warehouses, storage, office, or future mixed-use development a rare investor opportunity in an area experiencing explosive growth.
Lot/land
Price cut: $200K (2/17)
$2,499,000
8406 Katy Hockley Rd, Katy, TX 77493
--beds
0baths
2.06Acres
Unimproved Land
Built in ----
2.06 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 124 days |
- 44 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: February 23, 2026 at 12:22pm
Listed by:
Cary White TREC #0617120 713-817-1525,
Compass RE Texas, LLC - Houston
Source: HAR,MLS#: 46220709
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Features
- Fencing: Fenced
Lot
- Size: 2.06 Acres
- Features: Level, Open Lot, 2 Up to 5 Acres, Cleared
Details
- Parcel number: 0480090000001
Utilities & green energy
- Sewer: Public Sewer
- Water: Private, Public
- Utilities for property: Natural Gas Available, Cable Available, Electricity Available
Community & HOA
Community
- Subdivision: Southard D H & T C Ry
Location
- Region: Katy
Financial & listing details
- Tax assessed value: $316,318
- Annual tax amount: $5,765
- Date on market: 11/21/2025
- Listing terms: Cash,Conventional,Investor
Estimated market value
Not available
Estimated sales range
Not available
$2,558/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/17/2026 | Price change | $2,499,000-7.4% |
Source: | ||
| 1/27/2026 | Price change | $2,699,000-10% |
Source: | ||
| 11/21/2025 | Listed for sale | $3,000,000 |
Source: | ||
| 1/26/2007 | Sold | -- |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $502 -66.4% | $316,318 |
| 2024 | $1,496 +2.9% | $316,318 |
| 2023 | $1,453 -56.6% | $316,318 +12.8% |
| 2022 | $3,347 | $280,459 +19.7% |
| 2021 | -- | $234,265 +4.8% |
| 2020 | $3,183 -16% | $223,550 -5.9% |
| 2019 | $3,789 -5.9% | $237,558 +6.3% |
| 2018 | $4,028 | $223,397 |
| 2017 | $4,028 +11% | $223,397 +16.3% |
| 2016 | $3,627 +17.1% | $192,026 +0.6% |
| 2015 | $3,099 | $190,839 +22.4% |
| 2014 | $3,099 | $155,871 |
| 2013 | -- | $155,871 |
| 2012 | -- | $155,871 |
| 2011 | -- | $155,871 |
| 2010 | -- | $155,871 |
| 2009 | -- | $155,871 |
| 2008 | -- | -- |
| 2007 | -- | $151,515 +41.3% |
| 2006 | -- | $107,206 +10% |
| 2005 | -- | $97,460 +10% |
| 2004 | -- | $88,600 +9.9% |
| 2003 | -- | $80,600 +10% |
| 2002 | -- | $73,300 +9.9% |
| 2001 | -- | $66,700 +2.6% |
| 2000 | -- | $65,000 |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Neighborhood: Elyson
Getting around
7 / 100
Car-DependentNearby schools
GreatSchools rating
- 7/10McElwain Elementary SchoolGrades: PK-5Distance: 3.2 mi
- 5/10Bill & Cindy Haskett Junior High SchoolGrades: 6-8Distance: 4.5 mi
- 7/10Freeman High SchoolGrades: 9-12Distance: 8 mi
Schools provided by the listing agent
- Elementary: Youngblood Elementary School
- Middle: Nelson Junior High (Katy)
- High: Freeman High School
Source: HAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 77493
- Texas
- Harris County
- Katy
- 77493
- Elyson
- 8406 Katy Hockley Rd




