1808 Woodcreek Bend LnKaty, TX 77494

  • Other commercial real estate
  • 5.46 AC
For Sale

Property Details for 1808 Woodcreek Bend Ln

Year built
2019
Lot size
5.46 AC
Property type
Other commercial real estate
APN
0157-01-005-0016-914
APU
157010050016914

Description

This exceptional 39,360 square foot, single-story sports complex, built in 2019, is situated on a 5.46-acre lot in Katy, Texas (APN: 0157-01-005-0016-914). The property boasts four climate-controlled hardwood NBA and NCAA regulation basketball and volleyball courts, adaptable for pickleball. Amenities include retractable bleachers, an on-site medical room, a fitness area, and a café with seating and vending machine spaces. The facility is ideally suited for AAU, club, and travel sports programs, and its location within a 4-mile radius of approximately 30 schools provides a strong market. Ample parking caters to daily operations and events. The property is zoned PDD and benefits from excellent access to major roadways, including the Katy Freeway (I-10 West), the Grand Parkway, and the Westpark Tollway, providing easy connectivity to the Energy Corridor and greater Houston area. Katy's rapid growth and affluent population, combined with its highly-rated schools, make this a prime investment opportunity. This bankruptcy sale (U.S. Bankruptcy Court Southern District of Texas (Houston), Petition No. 23-32826, In re: Open Court Sports Complex, LLC) presents a unique chance to acquire a well-maintained, high-demand asset. On-site inspections are available by appointment on August 14th and 28th. The bid deadline is September 18th at 5:00 PM (CT).

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $67,050,392
    Hospitality
    $61,417,800
    Educational
    $51,098,888
    Medical
    $52,856,256
    Retail
    $79,487,160
1808 Woodcreek Bend Ln, Katy, Texas

Location Insight

City
Katy
County
Fort Bend
State
Texas
Latitude
29.7585
Longitude
-95.8326
CBSA code
26420
CBSA name
HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$111,345
$761,164
$4,827,408
$5,588,572
-
$761,164
$4,827,408
$5,588,572

FAQs

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