Subjected property consists of 2 tracts, of which HCAD IDs are: 0471490000005 (465.22 acres) and 0471500000002 (104.38 acres). Two tracts of collectively +/-570 acres are sold together. This 570-acre tract of Land is located in the heart of the booming development in Katy, TX - Cypress, TX. It has convenient access to Grand Parkway 99, US-290 and I-10 (via Grand Parkway 99). The tract of land is adjacent and contiguous to The Bridgelands, an 11,000-acre master-planned Community owned by Howard Huges Corp. Additionally, the property is across the street from FedEx's new 500+acre corporate distribution facility. The subject property is ideal for mixed-use development that includes single-family residential, retail and commercial uses. A legislative MUD #437 has been created for this Property.