Read ahead to learn more about the latest featured neighborhood in Katy: Young Ranch.

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.

Median home value: $494,960

Homes on the market*: 9

Homes under contract*: 5


Median annual property taxes: $15,748 (Katy ISD), $15,205 (Lamar CISD)

Median price per square foot: $165.06

Average days on the market*: 37

*As of Aug. 3


Build-out year: 2022

Median square footage: 3,002

HOA dues (estimated): $1,090 annually

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
Property taxes (in dollars):
  • Fort Bend county general: 0.438
  • Fort Bend drainage: 0.015
  • City of Katy: 0.447
  • Katy ISD: 1.352
  • Fort Bend/Waller Municipal Utility District 3: 0.930
Total (per $100 valuation): 3.182

Year-over-year market data: July

The Katy area saw decreased home sales 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.