1550 Katy Gap Rd, Katy, TX 77494 Property Records

Fort Bend County property record for 1550 Katy Gap Rd, Katy, TX 77494

Property Summary

Property TypeMulti-Family Dwellings
Details36,157 sqft · built 2010
Lot Size23.6 acres (1,030,812 sqft)
OwnerCompany Name on Record
Last Sale$41,625,000 (Nov 2012)
Tax Bill$253,624 (2025)
Flood ZoneZone X (minimal risk)
APNR362144

Property Details

APN / Parcel Number

Primary APNR362144
Alternative APN
  • 0262-05-000-0022-914

Interior

Units952 Units
Stories1 Story
Building Area36,157 sqft Living Area
1st Floor Area36,157 sqft

Exterior

Year BuiltBuilt 2010
Effective Year BuiltEffective 2010
Architectural StyleMulti-Family
Exterior MaterialStucco
Roof MaterialComposition Shingle
Lot Area1,030,812 sqft (23.6 acres)
View / LotPrimary
Pool Area2,800 sqft
Lawn SprinklersLawn Sprinklers

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemCentral

Location & Zoning

Street Address1550 KATY GAP RD
CityKATY
StateTX
Zip77494-4353
Property CategoryResidential
Property TypeResidential > Multi-Unit > Multi-Family Dwellings
Legal Description0262 I AND GN RY, BLOCK 1, ACRES 23.6642, RESTRICTED RESERVE A, VILLAS AT GRAND PARKWAY APARTMENTS (22% IN FT BEND COUNTY)
Legal SubdivisionI AND GN RY
Legal Tract2
Legal Block1
JurisdictionFORT BEND TX
Township / Civil DivisionFULSHEAR-SIMONTON
Census Block Group3
Census Block3000
Census Tract673107

Owner

Source: Fort Bend County records, as of August 13, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on Record
Mailing Address2020 W 89TH ST, 320, LEAWOOD, KS 66206-1961
Owner TypeCompany
VestingLimited Liability Company

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleNov 19, 2012 · Amount on Record
Deed SaleNov 19, 2012 · Amount on Record
Prior SaleFeb 20, 2007
Deed Document Number2012132246
Record UpdatedSep 20, 2026

Tax Assessment & Valuation

Source: Fort Bend County assessment roll, as of September 2, 2025

Property Jurisdictions

TypeName
StateTexas
CountyFort Bend County
Unified School DistrictKaty Independent School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$253,624.00 (+5.94%)$60,362,816 (+6.06%) Land $8,246,500 Building $52,116,316$60,362,816 (+6.06%) Land $8,246,500 Building $52,116,316
2024$239,396.00 (+23.18%)$56,916,221 (+6.31%) Land $8,246,500 Building $48,669,721$56,916,221 (+6.31%) Land $8,246,500 Building $48,669,721
2023$194,345.00 (+7.21%)$53,536,930 Land $8,246,500 Building $45,290,430$53,536,930 Land $8,246,500 Building $45,290,430
2018$181,270.00

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective August 8, 2024 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Flood Insurance CostPremium on Record
median of 120 policies
Nearby Flood Policies120 in force
Nearby Flood Claims5 (2017)
Claims Outside the SFHA5 of 5
Most Recent ClaimAug 2017 · Hurricane Harvey
Claims by Event
  • Hurricane Harvey, Aug 2017 · 5 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 99.1% of the US · lower than 99.3% of Texas
Wildfire LikelihoodUnder 0.01% annual chance
ExposureNone
beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemCIMARRON MUD
serves 19,338 people · EPA ID TX1011410
Water SourceGroundwater
Last State InspectionSep 2025
LeadUnder 1 ppb (2022–2024)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. This system sells water to local utilities; the supplier billing this address may be one of them.

Internet Providers

Source: FCC Broadband Data Collection, based on 274 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable · Fiber in parts of the area
2,000 / 2,000
Fidium Fiber
Fiber
2,000 / 2,000

May also be available: Astound Broadband, Ezee Fiber, T-Mobile, Verizon.

Nearby Properties on Katy Gap Rd

Nearby Streets

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