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Grayson Lakes Katy TX—also known as Country Lakes at Grayson Lakes—is one of the most scenic and peaceful neighborhoods in Southwest Katy. I love showing homes here because it feels like a true retreat from the bustle of everyday life, yet you’re still close to everything Katy has to offer. The community is tucked off Katy Flewellen Rd and Gaston Rd, with easy access to I-10. Plus, it’s zoned to highly-rated schools!
Grayson Lakes Katy TX is located in Fort Bend County and was primarily built between 2002 to 2008. The “typical” home in Grayson Lakes is around 3537 sq ft with 4 bedrooms, 3 full baths, a 3-car garage, and on a 11,530 sf lot. About 28% of the homes are one-story, and roughly 41% have private pools.
Homes in Grayson Lakes are known for their spacious layouts, elegant exteriors, and large lots—many with beautiful lakefront views. The neighborhood features a 30 acres lake, so it’s common to find homes with private docks or stunning waterfront backyards. Whether you prefer a single-story home with a peaceful view or a two-story with plenty of space for entertaining, you’ll find a wonderful mix of styles here.
What makes Grayson Lakes truly special is the tranquil lifestyle. Residents enjoy private walking and biking trails around the lakes, catch-and-release fishing, tennis courts, and a community clubhouse with a pool and playground. Mature trees and lush landscaping give the entire neighborhood a relaxed, resort-like feel that’s perfect for morning walks or evening sunsets by the water.
Grayson Lakes Katy TX is ideal if you’re looking for a serene, lake-oriented community with beautiful homes, friendly neighbors, and the convenience of being close to shopping, dining, and good schools. It’s one of those rare Katy neighborhoods that feels like you’re on vacation every day—but you’re right at home.
Contact me when you’re ready to join my VIP Buyer program and tour this neighborhood!
Market Trends & Home Values
Homes in this neighborhood typically sell from $460,000 to $1,143,000, with a current Median Sales Price = $645,000 which is a 11% Increase from last year.
This year about 15 homes were sold, which is a 44% Decrease from last year. Right now we have 4.9 Months of Inventory, and the Median Cumulative Days on Market is 35.5 days, which is 13% Slower than last year.
For detailed neighborhood market statistics, download my Katy Real Estate Market Report.
Schools & Ratings
Grayson 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 ratings in parentheses).
Elementary Schools
Woodcreek Elementary School (9)
Middle Schools
Woodcreek Junior High School (9)
High Schools
Tompkins 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 Grayson Lakes Katy TX:
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PROs
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CONs
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Location & Map
Grayson Lakes Katy TX is located on the Southwest side of Katy TX, near Katy Flewellen Rd and Gaston Rd.
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
Grayson Lakes Katy TX has private walking and biking trails around the lakes, catch-and-release fishing, tennis courts, and a community clubhouse with a pool and playground.
Here’s a summary of the amenities:
- Club House = 1
- Swimming Pools = 1
- Waterpark = No
- Splash Pads = No
- Tennis Courts = Yes
- Parks/playgrounds = 1
- Walking Trails = Yes
- Lakes = Yes
- Golf Course = No
- Dog Park = No
Risks & Due Diligence
Grayson 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).
NOTE: This neighborhood is adjacent to Grayson Woods but NOT part of that neighborhood. Beware that all of Grayson Woods in a 500-year floodplain.
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. Grayson Lakes Katy TX is close to:
- Katy Mills Outlet Mall
- Typhoon Texas Waterpark
- Live music and dancing at: Baker St Pub, Mo’s Place, Katy Vibes, and Wildcatters
- Momentum Indoor Climbing
- Exploration Park
- Dewberry Farm
- No Label Brewing
- Time Square Entertainment
- Soon-to-be-built Katy Boardwalk District
>> See Things to Do in Katy TX
Current List of Homes for Sale
The following is a current list of Grayson 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.
More Info:
- Katy Neighborhoods
- Katy Homes for Sale
- Katy Southwest
- Katy Southeast
- Katy Northwest
- Katy Northeast
- Fulshear Homes for Sale
Buying & Selling Real Estate Is a Huge Investment
Don’t You Deserve a Five Star Real Estate Agent?
Sheila is the author of KatyHomesForSaleTX.com – so you know that she knows the area! Winner of Five Star award every year since 2010.
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REALTORS DON’T “JUST” SELL HOUSES Real estate agents don’t “just” sell houses; we sell a SERVICE to effectively guide home buyers and sellers through the entire real estate transaction, which usually takes several months. We are more like real estate consultants than we are salespeople. That’s probably why 88 percent of all home buyers and sellers choose to hire a real estate agent when buying or selling a home! Buying or selling a home is not like buying or selling a TV, a computer, or a car. You can’t buy/sell a home on the Internet with a couple of clicks. There are MANY legal aspects, deadlines, and requirements that most people are not trained to handle. What’s more…mistakes along the way can cost you thousands and even hundreds of thousands of dollars. The financial risk is much greater than just about anything else you may buy.
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