Marcello Lakes, a Princeton Homes development, consists of about 380 homes. The community is situated close to numerous dining, shopping and activity options. It is also a short drive from the Grand Parkway and I-10, making it a desirable neighborhood for commuters.

Median home value: $505,995

Homes on the market*: 2

Homes under contract*: 0

Median annual property taxes: $18,177.36

Median price per square foot: $170.23

Average days on the market*: 19

*as of Nov. 1

Build-out year: 2022

Square footage: 1,700-3,900

Home values: $420,000-$615,000

HOA dues (estimated): $1,500 annually

Property taxes (in dollars):

Katy ISD: 1.3517

Harris County: 0.37693

HC Flood Control District: 0.03349

Port of Houston Authority: 0.00872

Harris Health System: 0.16221

HC Department of Education: 0.00499

HC Municipal Utility District No. 536: 1.5

HC Emergency Services District No. 48: 0.09523

Total (per $100 valuation): 3.53327

The median price of homes sold in five of six area ZIP codes increased in October over October 2021; ZIP code 77494 saw a 1.4% decrease.

This came as the number of homes sold decreased in four of six ZIP codes.