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Memorial Parkway Katy TX is a well-established community, located on the Southeast side of Katy, that offers a blend of classic suburban charm and a convenient location. This neighborhood is south of I-10 between Mason Rd and Westgreen Rd, and it’s (mostly) zoned to highly-rated schools!
Memorial Parkway is located in Harris County and was primarily built between 1975 to 2001. The “typical” home in Memorial Parkway is around 2189 sq ft with 4 bedrooms, 2 full baths, a 2-car garage, and on a 7,605 sf lot. About 54% of the homes are one-story, and roughly 18% have private pools.
Because the neighborhood is mature, you’ll find homes that have been updated as well as those ready for renovation, offering a range of opportunities for different buyers.
This neighborhood’s amenities include swimming pools, tennis courts, playgrounds and green spaces. Memorial Parkway offers homes with mature trees and established landscaping, while providing a shorter commute into Houston from Katy.
You’ll enjoy living here if you want a neighborhood that combines stability, strong schools, mature surroundings and a location that shortens your commute into Houston.
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 $190,000 to $405,000, with a current Median Sales Price = $300,000 which is a 1% Increase from last year.
This year about 60 homes were sold, which is a 23% Decrease from last year. Right now we have 4.9 Months of Inventory, and the Median Cumulative Days on Market is 39 days, which is 136% Faster than last year.
For detailed neighborhood market statistics, download my Katy Real Estate Market Report.
Schools & Ratings
Memorial Parkway 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
- Exley Elementary School (8)
- Hayes Elementary School (9)
- Memorial Parkway Elementary School (5)
- Pattison Elementary School (10)
Middle Schools
- McMeans Junior High School (10)
- Memorial Parkway Junior High School (8)
High Schools
Taylor High School (8)
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 Memorial Parkway Katy TX:
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PROs
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CONs
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Location & Map
Memorial Parkway Katy TX is located on the Southeast side of Katy TX, south of I-10 between Mason Rd and Westgreen 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
Memorial Parkway Katy TX has swimming pools, tennis courts, playgrounds and green spaces.
Here’s a summary of the amenities:
- Club House with Fitness Center = No
- Swimming Pools = Yes
- Waterpark = No
- Splash Pads = No
- Tennis Courts = Yes
- Parks/playgrounds = Multiple
- Walking Trails = No
- Lake(s) = No
- Golf Course = No
- Dog Park = No
Risks & Due Diligence
Memorial Parkway 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).
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. Memorial Parkway 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 Memorial Parkway 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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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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