Greater Katy · Cane Island
Cane Island, Katy.
Cane Island is Katy's newest master-planned player, set at the I-10 and Grand Parkway corner with a natural, Hill Country-flavored edge and a wide range of new homes. This guide covers 2026 prices, the Waller-and-Harris tax picture, what is active on Zillow, and the highlights that put Cane Island on buyer short lists.
- $371K–$900K+
- active listing range, September 2026 sources
- $420K–$2M
- community-wide range, neighborhoods.com
- $1.1171
- Katy ISD rate per $100, FY 2025-26
Community Overview
A woodsy newcomer on the I-10 to Grand Parkway corner.
Cane Island is one of the largest new master-planned communities in the Katy area, anchored at the intersection of I-10 and the Grand Parkway on the city's west side. Where older Katy neighborhoods read as classic suburban grid, Cane Island trades on a leafier, more natural profile: scenic entries, green space and architecture that leans modern farmhouse and updated traditional. Its background and early development are documented on Wikipedia's Cane Island article.
It is also a builder's market, with multiple national builders offering plans from entry-level to estate scale. Most of the community sits in Waller County with a Katy mailing address, inside a portion of the Katy city limits, and it feeds Katy ISD schools. For buyers who want new construction without leaving the Katy market, Cane Island is often the first stop.
At a glance
- I-10 and the Grand Parkway, on Katy's west side, ZIP 77493.
- New construction from multiple builders, entry to estate plans.
- Katy ISD schools serve the community.
- Most homes under the Waller County Appraisal District, with sections in Harris County.
- Natural green space woven through the community.
Market at a Glance
Cane Island market at a glance, September 2026
Approximate ranges from public sources including Zillow and neighborhoods.com, compiled as of September 8, 2026. New-community pricing moves with each release phase, so current listings are the best signal.
These market figures are public snapshots refreshed monthly by Sharcom Realty Group and dated with their as-of date.
Active listing range
$371K–$900K+
Zillow listed new construction and resales from about $371,000 up to roughly $900,000 and beyond across 2026 listings.
Community-wide range
$420K–$2M
neighborhoods.com quoted current Cane Island prices from $420,000 to about $2,025,000, roughly $198 per square foot.
At a glance
38–90
Zillow tracked tens of active Cane Island homes in the fall of 2026, with the count shifting week to week.
Snapshot Active listings, as of September 8, 2026
See what is active in Cane Island right now
New phases release regularly and the active list changes fast. Zillow tracks it daily, and Sharcom Realty Group does not claim live MLS data on this page, so Zillow's Cane Island search is the authoritative current view.
The Cost Side
Property taxes in Cane Island
Cane Island straddles the Harris–Waller county line, so the county on the bill depends on the address, and much of the community is inside the Katy city limits. Rates are in dollars per $100 of assessed value.
| Taxing entity | Approximate rate (per $100) | Notes and as-of |
|---|---|---|
| City of Katy | $0.4250 | 2025-26 adopted rate; applies to homes inside the Katy city limits, which cover much of Cane Island. |
| Waller County | $0.5562 | 2025 adopted county rate, per County Tax Tools; most of Cane Island sits in Waller County. |
| Harris County | $0.3853 | FY 2024-25 adopted general-fund rate; a portion of the community falls in Harris County. |
| Katy ISD | $1.1171 | FY 2025-26 rate, held flat by the Katy ISD board. |
The Harris–Waller Counties MUD and other special districts add to the total bill on top of the rates above. Rates are approximate statutory rates from public sources as of September 2026; verify the exact rate for a specific address with the applicable county appraisal district.
Local Highlights
Why Cane Island earns a spot on the tour list
Hill Country feel
Cane Island carries a more natural, rural edge than the older Katy grid, with scenic entries, bioswales and preserved green space woven through the community.
New-home energy
Multiple builders with a wide range of plans keep new construction active here, from entry homes in the $300s to large estate plans.
Resort amenities
Pools, a fitness center, parks, trails and community events give Cane Island the amenity package buyers expect from a new master-planned community.
Katy ISD schools
The community is served by Katy ISD, a major reason families include Cane Island in the Katy conversation.
I-10 at Grand Parkway
Cane Island sits at the I-10 and Grand Parkway intersection, one of the fastest-growing corners of the Katy market.
Katy conveniences
Katy's shopping, dining and family attractions are minutes east, while the Energy Corridor stays a practical commute.
Exploring nearby communities? See Elyson, Sunterra, Cinco Ranch and Cross Creek Ranch, or start from the full Katy guide.
What to Do Nearby
Katy favorites minutes from Cane Island
Cane Island's I-10 and Grand Parkway position makes all of Katy's best-known attractions close by: parks, water parks, malls and breweries are a short drive from the community's own green space. These are the outings Sharcom's clients ask about most, each linked to its official site.
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Mary Jo Peckham Park
A favorite Harris County park with a fishing lake, mini-golf and disc golf, just north of Cane Island.
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Katy Heritage Museum
Local history, artifacts and museum programs run by the City of Katy.
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LaCenterra at Cinco Ranch
Katy's walkable shopping and dining district with events throughout the year.
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Typhoon Texas Waterpark
A large seasonal outdoor water park, a popular summer outing for Katy families.
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Katy Mills
A major outlet and entertainment mall with dining, theaters and family attractions.
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No Label Brewing Co.
Local craft beer in Old Katy, a favorite stop not far from the I-10 corridor.
Exploring other Katy communities? See Cinco Ranch, Firethorne and Elyson.
Talk to Sharon
Buying or selling in Cane Island?
New-community buying is about knowing release schedules, builder reputations and which sections sit closest to the finished amenities. Sharon Yeary has 27 years of Texas real estate experience and a team that follows Katy's new construction closely. Tell them what you need.
Sharon Yeary
Associate Broker with eXp Realty
27 years of experience in Texas real estate, from Cane Island new builds to guard-gated communities across Greater Houston.
Tell us about your Cane Island plans.
Share your timeline, your budget and whether you are buying or selling. Sharon's team will come back with specific next steps.
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