How to Buy a Home in Katy, TX (2026 Guide)
To buy a home in Katy, TX in 2026, start with a budget grounded in the local median price of $480,000 and factor in MUD/PID taxing districts. Then secure pre-approval, navigate the TREC contract with a 5-to-10-day option period, complete inspections, and close with a clear understanding of Katy ISD tax rates and homestead exemptions.
Frequently Asked Questions
What is the median home price in Katy, TX in 2026?
The local median home price in Katy is $480,000, placing it in a mid-tier market within the Greater Houston metro.
How does the TREC option period work in Katy?
The TREC contract includes an option period of 5 to 10 days where you can terminate for any reason by paying a small option fee (separate from earnest money). This window is used for inspections and negotiations.
What are MUD and PID taxes in Katy?
Many Katy communities sit in Municipal Utility Districts (MUDs) or Public Improvement Districts (PIDs), which levy additional property taxes for infrastructure like water, sewer, and roads. These stack on top of county and ISD taxes.
How do I file for a homestead exemption in Katy?
File with the Harris County Appraisal District (or your county) by April 30 of the year after purchase. The exemption removes $40,000 from your home's appraised value for school taxes and caps annual appraisal increases at 10%.