—77450 & 77494—
Grand Lakes Katy TX is one of the most picturesque and well-loved master-planned communities in Katy. I love how it combines the beauty of nature with the convenience of modern living—winding lakes with fountains, shaded walking trails, and pocket parks are around every corner, yet you’re just minutes from Grand Parkway (99) and Westpark Tollway, and all the shopping and dining at LaCenterra. It’s the kind of place where every day feels relaxed, neighborly, and just a little bit special and it’s zoned to highly-rated schools.
The original part of Grand Lakes (Phase I, II, and III) is located in 77450 on the Southeast side of Katy, near Fry Road and South Peek Road, making it a shorter commute into Houston. Plus it’s zoned to highly-rated schools! It then grew to the west side of Grand Parkway (99) in 77494, and that was Phase IV.
Grand Lakes 77450 is located in Fort Bend County and was primarily built between 1998 to 2018. The “typical” home in Grand Lakes is around 3128 sq ft with 4 bedrooms, 3 full baths, a 2-car garage, and on a 9,118 sf lot. About 19% of the homes are one-story, and roughly 44% have private pools. Many homes enjoy lakefront lots or cul-de-sac privacy, and nearly all are surrounded by lush landscaping that makes the community feel peaceful and welcoming.
Grand Lakes offers an impressive array of amenities. There are multiple resort-style pools, splash pads, tennis courts, playgrounds, and picnic areas throughout the community, plus miles of walking and biking trails that connect the different sections. Families especially love the fishing lakes, dog park, neighborhood garden, and community events that make it easy to meet neighbors and feel at home.
Grand Lakes Katy TX is a wonderful choice if you want an established, family-friendly neighborhood with exceptional amenities, great schools, and easy access to everything that makes Katy living so enjoyable. You do need to watch for homes on the far east-side that may be in a 500-yr flood zone.
Contact me when you’re ready to join my VIP Buyer program and tour this neighborhood!
Market Trends & Home Values
77450
Homes in this ZIP Code typically sell from $329,000 to $1,220,000, with a current Median Sales Price = $616,500 which is a 6% Increase from last year.
This year about 31 homes were sold, which is a 23% Decrease from last year. Right now we have 6.4 Months of Inventory, and the Median Cumulative Days on Market is 41.5 days, which is 493% Faster than last year.
77494
Homes in this ZIP Code typically sell from $367,000 to $1,000,000, with a current Median Sales Price = $582,000 which is a 0% Decrease from last year.
This year about 39 homes were sold, which is a 8% Increase from last year. Right now we have 3.8 Months of Inventory, and the Median Cumulative Days on Market is 33 days, which is 154% Faster than last year.
For detailed neighborhood market statistics, download my Katy Real Estate Market Report.
Schools & Ratings
Grand Lakes Katy TX is zoned to the Katy ISD school district. While school zones may change from year to year (based on student population) this neighborhood is currently zoned to the following schools (with school ratings in parentheses).
Elementary Schools
- Alexander Elementary School (10)
- Griffin Elementary School (10)
Middle Schools
Beckendorff Junior High School (10)
High Schools
Seven Lakes High School (9)
For up-to-data school ratings, zone maps, and more, download my Katy Schools Report which provides helpful lists of schools sorted by rating, type, and area. It also has links to all the schools so that you can access more school information very quickly
Pros and Cons
Here is a list of the PROs and CONs of Grand Lakes Katy TX:
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PROs
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CONs
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Location & Map
Grand Lakes Katy TX is located on the Southeast side of Katy TX, near Fry Rd and .
Here’s a map of the neighborhood within Katy TX.
Commute & Access
Commuting in the Houston Metroplex can be challenging, and tends to be one of the top criteria when deciding on where to live. The best way to estimate your commute time is to use Google Maps at the time you commute. Simply enter your work address and the address of the house you are interested in, and Google Maps will estimate your commute time. This time is based on the actual time you perform the search, so use it during your expected commute times.
Click here to estimate your estimated commute time from this neighborhood
Amenities & Lifestyle
Grand Lakes Katy TX has multiple resort-style pools, splash pads, tennis courts, playgrounds, and picnic areas throughout the community, plus miles of walking and biking trails.
Here’s a summary of the amenities:
- Club House with Fitness Center = No
- Swimming Pools = Multiple
- Waterpark = No
- Splash Pads = Yes
- Tennis Courts = Yes
- Parks/playgrounds = Multiple
- Walking Trails = Yes
- Lake(s) = Yes
- Golf Course = No
- Dog Park = Yes
Risks & Due Diligence
Grand Lakes Katy TX is a “master planned community” and has a Home Owner’s Association. The annual maintenance fees pay for the neighborhood amenities and upkeep and can change from year to year. Go to the neighborhood website for helpful phone numbers, community documents, annual maintenance fees, and utility information. (Or get your Realtor to locate that information for you.)
You should know that neighborhoods tend to change their HOA management company from year-to-year, so check the neighborhood website to find the current HOA management company.
Property taxes in this neighborhood vary from subdivision to subdivision. Usually, when you view a home online, its current property tax rate will be listed. You can read more about Katy TX Property Taxes here.
You will want a Realtor to help you practice Due Diligence in this neighborhood regarding high-voltage powerlines, drainage issues, lots backing to busy streets, flood zone issues, MUD tanks/treatment centers, etc. This neighborhood is located mostly in Flood Zone X (which is not in a special flood hazard area). A few sections on the far east side may be located in a 100- or 500-yr flood zone, so make sure your Realtor checks a house’s flood zone and history before you make an offer (like me 🙂 ).
For more information (and maps) about flood risks and flood insurance in Katy, download my Katy Flood Report.
What’s Nearby
There is plenty of shopping and restaurants nearby. Grand Lakes Katy TX is close to:
- Meadowbrook Farms, Cinco Ranch, Willow Fork, Falcon Point golf courses
- La Centerra shopping and dining center
- Wholefoods Grocery Store
- Katy YMCA
- George Bush Park with bike trails
- Great Southwest Equestrian Park
- Live music and dancing at: Mo’s Place, Katy Vibes, and Wildcatters
- Exploration Park
- Time Square Entertainment
>> See Things to Do in Katy TX
Current List of Homes for Sale
The following is a current list of Grand Lakes Katy TX homes for sale.
If you don’t see a list of homes, that means there are no Active homes on the market. 🙁
View Nearby Neighborhoods
Get information on all Katy Neighborhoods here.
Cimarron Katy TX
Cinco Ranch Katy TX 77450
Governors Place Katy TX
Grand Lakes Katy TX
Green Trails Katy TX
Kelliwood Katy TX
Memorial Parkway Katy TX
Nottingham Country Katy TX
Oak Park Trails Katy TX
West Memorial Katy TX
Windsor Park Estates Katy TX
Windsor Park Lakes, Katy TX
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