In 2015, the greater Katy area officially surpassed the city of Pittsburgh, Pennsylvania in population numbers – with over 309,000 people calling the Katy area home. Thanks to Katy’s award-winning school district and numerous economic opportunities, that growth is expected to continue with some predictions putting the population at over 350,000 people by 2020.
With the explosive growth of Katy over the last decade, home prices have continued to rise. But if you’re in the market for a home with a price tag under $200,000 – have no fear. There are still several affordable – and awesome – neighborhoods in the Katy area that can fit that budget. A few of our favorites are listed below.
Cimarron
The Cimmaron neighborhood is in 77450 on the South side of I10 between the Mason Road and Katy Fort Bend Road exits. This mature neighborhood boasts large trees and well-kept homes. List prices for houses for sale in Cimarron range between 175K to the mid-200s with a median square footage of 1,750 square feet. The subdivision has a community pool and clubhouse, is zoned to Katy ISD schools, and is central to numerous dining and shopping establishments in Katy.
Katyland
The Katyland neighborhood in 77493 is nestled deep in the heart of Old Katy between Highway 90 and Franz Road minutes from the Katy Mills Mall area. This well-established subdivision contains 426 properties, and homes have median square footage of approximately 1,450 square feet. The neighborhood has a community park, a basketball court, and is close to all of the Katy city parks. List prices for houses for sale in Katyland range between $150,000 to $185,000 and the subdivision is zoned to Katy ISD schools.
Williamsburg Colony
The subdivision of Williamsburg Colony is located in 77449 north of I10 between Grand Parkway and Mason Road. With 975 homes and a median square footage of approximately 1,500 square feet, list prices for houses for sale in Williamsburg Colony typically range from $130,000 to the high $100Ks with a median list price of $166,000. This neighborhood boasts a community pool, clubhouse, park and tennis courts, and is zoned to Katy ISD schools.
Waterstone
While the average list price of homes in Waterstone is about 225K, you can still find homes for sale on a fairly regular basis in this 77449 community listed at under 200K. Located east of Grand Parkway between Morton Ranch Road and Clay Road, list prices for houses for sale in Waterstone typically start at around $180,000, have median square footage of approximately 2,100 square feet, and are zoned to Katy ISD schools.
West Memorial
The West Memorial neighborhood in 77450 is located South of I10 between Grand Parkway and Mason Road. This established community is an affordable Katy favorite, with a community park and pool, and zoned to Katy ISD schools. The average list price of houses for sale in West Memorial ranges between $170,000 to $200,000. The 1,150 homes in the subdivision have median square footage of 1,800 square feet.
More Katy Homes for Sale Under 200K
You’ll find more information about Katy Texas homes for sale under 200K here and a full list of Katy neighborhoods here.
Rae Hoffman
Rae is a real estate agent and investor serving Katy and surrounding areas. A fierce negotiator, Rae is also a mom of four, and a Continuing Education Instructor for the Texas Real Estate Commission.