Newcor Represents Buyer in Acquisition of 131 Acres in Katy, TX for Residential Development
Strategic Land Purchase Near Sunterra Development to Expand Residential Footprint in Rapidly Growing Katy Area
Katy, Texas - October 8, 2024 - Newcor Commercial Real Estate is pleased to announce the successful representation of History Maker Homes in the acquisition of a 131 acres tract of land located at the northeast corner of Stockdick Road and Schlipf Road in Katy, Texas. The transaction, brokered by Newcor’s Josh Cheatham and David Alexander, sets the stage for a new residential development.
Situated adjacent to the highly successful Sunterra development, this new community aims to meet the rising demand for quality housing in the thriving Katy market, a hub for both new families and professionals seeking proximity to Houston’s business centers while enjoying suburban living. The land was sold by Holigan Farms.
“This acquisition reflects the continued momentum in Katy’s residential growth,” said Josh Cheatham, Principal at Newcor. “The location’s proximity to Sunterra and major roadways makes it an ideal site for a development that will cater to families seeking a blend of convenience, community, and comfort. We are thrilled to have helped History Maker Homes secure this critical piece of land to bring their vision to life.”
History Maker Homes plans to develop a community with 379 single family lots on the site, with development expected to begin soon. Known for their dedication to quality and family-oriented communities, History Maker’s development will provide much-needed housing options in this fast-growing region.
David Aexander, of Newcor, added, “The strategic value of this property cannot be overstated. The new development will further enhance the appeal of the area, benefiting not only future residents but the broader Katy community.”
For further details about this acquisition or to learn more about Newcor and its services, please contact:
David Alexander |
Josh Cheatham |
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