King Lakes’ median real estate price is $758,208, which is more expensive than 86.1% of the neighborhoods in Texas and 77.8% in the U.S.
Based on the exclusive analysis, the average rental price in King Lakes is currently $2,913. Therefore, the average rental cost in this neighborhood is higher than 91.3% of the neighborhoods in Texas.
King Lakes is an urban neighborhood (based on population density) located in Katy, Texas. King Lakes real estate comprises medium-sized (three or four-bedroom) to large (four, five, or more-bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner-occupied. Many of the King Lakes neighborhood residences are newer, built in 2000 or more recently. Several residences were also built between 1970 and 1999.
King Lakes West has a 15.3% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 76.7% of American communities). However, most vacant housing here is empty year-round. This could signal a weak demand for real estate in the neighborhood or that much new housing has been built and is yet to be occupied. Either way, you may find many homes or apartments empty if you live here. EZ Katy Junk Removal
The folks of the King Lakes neighborhood may hold the key. For example, 67.2% of its residents are married, a higher percentage than in 95.6% of the neighborhoods in America.
Also, the King Lakes neighborhood is considered a solid choice for executive lifestyles. The analysis ranks it as better than 91.5% of Texas neighborhoods for executive living, based on the wealthy, educated professionals, executives, and managers who choose to reside here, the spacious homes that are prominent features of the real estate in this Katy neighborhood, and the high real estate appreciation rates found here relative to other areas in the state. In addition to being an excellent choice for highly educated executives, this neighborhood is also a perfect choice for college students and families with school-aged children.
Demographics
In the King Lakes neighborhood in Katy, TX, residents most commonly identify their ethnicity or ancestry as Asian (20.4%). However, there are also several people of Irish ancestry (12.0%) and residents who report Arab roots (9.8%), and some of the residents are also of Dominican ancestry (7.7%), along with some Mexican ancestry residents (7.2%), among others. In addition, 41.4% of the residents of this neighborhood were born in another country.
Check out other neighborhoods like Pine Hills Drive