Exceptional opportunity to acquire 55.5± unrestricted commercial acres in the heart of rapidly growing Katy, directly bordering the new Sunterra master-planned community. Positioned in one of Texas’ fastest-growing corridors, this property offers tremendous investment, commercial, and development potential with strong long-term upside. Ideal for mixed-use, retail, industrial, storage, multifamily, RV park, or residential development opportunities. The property is currently income-producing with multiple homes generating rental income along with truck parking revenue, providing immediate cash flow while future development plans are pursued. Large unrestricted tracts in this prime Katy location are becoming extremely rare, especially with surrounding explosive residential and commercial growth continuing to drive demand and appreciation. Includes two addresses.
For sale
$9,363,200
4533 Schlipf Rd, Katy, TX 77493
3beds
2,500sqft
Farm
Built in 2002
55.16 Acres Lot
$-- Zestimate®
$3,745/sqft
$-- HOA
What's special
- 140 days
- 80
- 5
Zillow last checked:
Listing updated:
Listed by:
Travis Wallach TREC #0599993 713-882-4609,
Southern Luxury Properties
Source: HAR,MLS#: 85908947
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Den, Family Room, Garage Apartment, Utility Room
Primary bathroom
- Features: Full Secondary Bathroom Down, Half Bath, Hollywood Bath, Primary Bath: Double Sinks
Kitchen
- Features: Breakfast Bar, Kitchen open to Family Room, Pantry, Walk-in Pantry
Heating
- Electric, Natural Gas
Cooling
- Ceiling Fan(s), Attic Fan, Electric, Gas
Appliances
- Included: Disposal, Dryer, Refrigerator, Washer, Electric Oven, Freestanding Oven, Gas Oven, Microwave, Free-Standing Range, Gas Cooktop, Gas Range, Indoor Grill, Dishwasher
- Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
Features
- Atrium, Balcony, Crown Molding, High Ceilings, All Bedrooms Down
- Flooring: Engineered Hardwood, Stone, Wood
- Number of fireplaces: 1
- Fireplace features: Free Standing, Gas, Gas Log
Interior area
- Total structure area: 2,500
- Total interior livable area: 2,500 sqft
Property
Parking
- Total spaces: 3
- Parking features: Electric Gate, Driveway Gate, Attached, Garage, Oversized, Additional Parking, Boat, Circular Driveway, Double-Wide Driveway, RV Access/Parking, Workshop in Garage
- Attached garage spaces: 3
Features
- Stories: 1
- Fencing: Cross Fenced,Fenced
- Has view: Yes
- View description: Lake, Water
- Has water view: Yes
- Water view: Lake,Water
- Waterfront features: Lake Front, Pier, Pond
Lot
- Size: 55.16 Acres
- Features: Pasture, Cleared, 50 or more Acres
- Topography: Level
Details
- Additional structures: 2 or More Barns, Auxiliary Building, Barn(s), Guest House, Mobile Home, Stable(s), Shed(s)
- Parcel number: 337300002005100
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch,Traditional
- Property subtype: Farm
Materials
- Cement Board, Stone, Wood
- Foundation: Pillar/Post/Pier
Condition
- New construction: No
- Year built: 2002
Utilities & green energy
- Sewer: Public Sewer, Septic Tank
- Water: Public, Well
Green energy
- Green verification: ENERGY STAR Certified Homes
- Energy efficient items: Attic Vents, Thermostat, HVAC
Community & HOA
Community
- Subdivision: Unrestricted Fred Eule Tract A337300
Location
- Region: Katy
Financial & listing details
- Price per square foot: $3,745/sqft
- Tax assessed value: $1,313,330
- Annual tax amount: $620
- Date on market: 5/6/2026
- Listing terms: Cash,Conventional,Investor
- Road surface type: Asphalt, Concrete, Gravel
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/6/2026 | Listed for sale | $9,363,200+450.8%$3,745/sqft |
Source: | ||
| 10/11/2022 | Sold | -- |
Source: | ||
| 7/28/2022 | Pending sale | $1,700,000$680/sqft |
Source: | ||
| 7/26/2022 | Listed for sale | $1,700,000$680/sqft |
Source: | ||
| 7/11/2022 | Pending sale | $1,700,000$680/sqft |
Source: | ||
| 6/9/2022 | Price change | $1,700,000-2.9%$680/sqft |
Source: | ||
| 4/7/2022 | Listed for sale | $1,750,000$700/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2022 | $620 -9.6% | $1,313,330 +53.8% |
| 2021 | $686 +13% | $854,080 +1.4% |
| 2020 | $607 -7.7% | $842,420 -6.5% |
| 2019 | $657 +1.8% | $900,820 +1048.1% |
| 2018 | $646 | $78,460 -2.6% |
| 2017 | $646 +3030.8% | $80,570 -2% |
| 2016 | $21 | $82,250 -1.8% |
| 2015 | $21 | $83,770 |
| 2006 | -- | -- |
| 2005 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 77493
Nearby schools
Schools provided by the listing agent
- Elementary: Robertson Elementary School (Katy)
- Middle: Haskett Junior High School
- High: Freeman High School
Source: HAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

