HOUSTON – (Realty News Report) – A Chicago developer has acquired land in the Katy area for its second large-scale build-to-rent community in Harris County.
RSK Real Estate Partners purchased a 17.2-acre site at the northwest corner of Clay Road and Katy Pointe Boulevard for the development of the Landing at Katy Pointe. Construction on the 210-unit community for middle-income renters is expected to begin in the coming weeks.
The project is a mile north of RSK’s initial BTR community in the area: the 156-unit Landing at Morton Ranch. RSK previously acquired 9.4 acres near Katy Hockley Road and Morton Road for that development.
The developments are part of the company’s 5|5|5 Initiative to build 5,000 duplex and townhome units for the rental market in five cities in five years. In addition to Houston, other target markets are Dallas, San Antonio, Raleigh, and Orlando.
Houston is a National Leader in BTR Construction
Houston has been one of the nation’s largest markets for new rental home communities, which offer the benefits of living in a suburban home without the mortgage or downpayment that comes with owning. The rental houses target residents from families with kids to empty nesters who are downsizing.
Rick Ragan, vice president of Houston-based NewQuest, represented RSK in the transaction. Nick Ramsey and Kevin Sims, senior vice presidents at NewQuest, negotiated for the seller, Telephone Investments.
The Landing at Katy Pointe will contain two- and three-bedroom duplexes, averaging 1,500 SF, with attached garages and landscaped yards. Leasing is expected to begin in the third quarter of 2026.
“It’s one of the largest tracts with utility capacity for a build-to-rent community in the area,” Ragan said. “There were several groups interested in the site, but RSK was selected because of its track record in the market and a highly competitive offer.”
The project is located in a residential area with nearly 4,300 single-family homes, priced from $320,000 to $480,000, in the one-mile trade area, according to NewQuest. The average annual household income is about $143,000. An H-E-B grocery store and other retail is about a mile away in The Market at Katy Park.
Located in Katy ISD, the community is about a mile and a half west of the Grand Parkway and 5 miles north of the Katy Freeway.
“The Landing at Katy Pointe will fulfill needs of young families, professionals and empty nesters who desire the perks of a single-family home in a well-located growing area of Katy,” Ragan said.
Among other BTR communities in the area, Tricon is now leasing three- and four-bedroom homes in a new rental community near Peek Road and Stockdick School Road. Tricon Peek Road has 175 homes with two-car garages and fenced backyards. The community was developed in partnership with HHS Residential and Johnson Development. Nearby, AHV Communities developed Katy Legacy with three- and four-bedrooms rental homes off Katy Legacy Drive and Stockdick School Road, across from Paetow High School.
Dec. 11, 2025 Realty News Report Copyright 2025
Image courtesy NewQuest
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File: Katy Build-To-Rent Project Breaks Ground NewQuest Katy Build-To-Rent Project Breaks Ground Clay Road