1508 East Avenue, Katy, TX 77493

1508 East Avenue is a ±6,306 square foot single-story building situated on a ±2.42-acre landscaped lot in the heart of Old Towne Katy. The property sits within the City of Katy's Old Katy District overlay, a zoning district specifically crafted to preserve the character of historic Katy while allowing a broad and flexible mix of residential, retail, restaurant, office, and small-scale creative and institutional uses. The combination of scale, mature trees, and position in one of the Houston metro's fastest-growing submarkets makes this one of the most flexible and compelling parcels currently available in Old Towne Katy.

The Greater Katy area has grown roughly 35% since 2020 and is now home to more than 400,000 residents a population comparable to Pittsburgh. That growth has driven meaningful rent appreciation and a tightening supply of land across the submarket, particularly in Old Towne Katy. The subject sits on ±2.42-acre of that increasingly scarce inventory, with frontage on East Avenue and access from 10th Street and E 5th Street.

The building features a chapel, staterooms, reception areas, and ample surface parking shaded by mature trees. With ±2.42-acre in the Old Katy District, the subject supports a wide range of reuse and redevelopment paths: reuse the existing improvements as a church, event venue, or community facility; tear the building down and build a brand-new ground-up development, redevelop as a single-family, townhome, or cottage-court residential community; or reposition as boutique office, restaurant, retail, or mixed-use in keeping with permitted uses. Prospective buyers should verify intended uses with the City of Katy Planning Department.

Katy is one of the fastest-growing communities in the United States. Positioned at the western edge of the Houston metro along the I-10 Energy Corridor, Katy combines a master-planned suburban fabric with a historic Old Towne core and easy access to Downtown Houston, the Energy Corridor, and George Bush Intercontinental Airport. Greater Katy is now home to more than 400,000 residents-roughly the population of Pittsburgh-and the population has grown approximately 35% since 2020.

The city’s population growth has been paired with substantial commercial and retail investment. Katy ISD consistently ranked among the top public school districts in Texas is a primary demand driver for the surrounding residential growth.