Katy South - Fulshear 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

*AS OF AUG. 3

       

Say YES to strong public schools

Ad paid by Raise Your Hand Texas

RaiseYourHandTexas.com

31

KATY SOUTH  FULSHEAR EDITION • AUGUST 2023

Powered by