Katy North Edition | August 2023

REAL ESTATE

Featured Neighborhood Featured neighborhood

YOUNG RANCH, 77423 & 77494 A master-planned community located in Katy, Young Ranch is 1 mile south of I-10 and west of the Grand Parkway. The subdivision is minutes away from shopping, restaurants and entertainment, and it is a short distance from downtown Houston.

YEAROVERYEAR MARKET DATA: JULY The Katy area saw decreased home sales

529

in all ZIP codes but one in July 2023 compared to July 2022. The largest increase in median price of homes sold was a 27.27% jump in the 77094 area.

6

77493

77449

99 TOLL

Homes on the market* 9 Homes under contract* 5 Median home value $494,960 Average days on the market* 37 Median annual property taxes $15,748 Median price per square foot $165.06

10

77494

77094

77441

1093

77450

N

NUMBER OF HOMES SOLD

77094

77441

77449

77450

77493

77494

Year

W. FIRETHORNE RD.

N

2022

13

73

149

78

211

214

11

87

101

58

198

151

Build-out year: 2022 Median square footage: 3,002 HOA dues (estimated): $1,090 annually

2023

MEDIAN PRICE OF HOMES SOLD

WITH YEAROVERYEAR PERCENTAGE CHANGE

2022

2023

Schools: Katy ISD: Bryant Elementary School, Woodcreek Junior High School, Katy High School Lamar CISD: Lindsey Elementary School, Leaman Junior High School, Fulshear High School

77094

77441

77449

77450

77493

77494

Sale price

+27.27%

$650K

$550K $600K $450K $500K $350K $400K $300K $250K

+5.36%

Property taxes (in dollars): Fort Bend county general

0.438 0.015 0.447 1.352

Fort Bend drainage

11.23%

City of Katy Katy ISD

NEIGHBORHOOD DATA PROVIDED BY CHARLIE RUSSO REMAX SIGNATURE 7138514871 WWW.CHARLIERUSSOREALTY.COM

Fort Bend/Waller Municipal Utility District 3

10.22%

8.2%

0.930

8.98%

Total (per $100 valuation)

3.182

$0

Recently sold homes

1826 Evergreen Bay Lane 4 bedrooms/3.5 baths 3,551 sq. ft. Sold for $482,001-$552,000 on May 30

29602 Pewter Run Lane 4 bedrooms/3.5 baths 3,753 sq. ft. Sold for $552,001-$627,000 on May 31

1611 Carriage Oaks Lane 4 bedrooms/3 baths

1906 Village Orchard Lane 4 bedrooms/3.5 baths 2,738 sq. ft. Sold for $482,001-$552,000 on June 26

3,202 sq. ft.

Sold for $482,001-$552,000 July 10

$200 OFF ANY NEW GARAGE DOOR Only one per customer cannot be combined with any other coupon

50% OFF GARAGE DOOR TUNE UP ($75 VALUE) Only one per customer cannot be combined with any other coupon

281-747-6664 • WWW.GARAGEDOORDOCTOR.BIZ GARAGE DOOR REPAIR OR REPLACE

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KATY NORTH EDITION • AUGUST 2023

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