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.
- $400K–$2M+
- active listing range, November 2026 sources
- $420K–$2.03M
- community-wide range, neighborhoods.com
- $1.1171
- Katy ISD rate per $100, FY 2026-27
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, early November 2026
Approximate ranges from public sources including HAR.com, Zillow, Redfin and TexasRealEstateSource, compiled as of November 5, 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
$400K–$2M+
October 2026 listings typically run from the low-$400,000s (entry new construction) up to roughly $800,000-$1 million, with an Oct 15, 2026 snapshot showing a median list near $574,740 at about $197 per square foot and about 88 days on market; estate and custom sections reach $1.5 million to $2 million-plus.
Community-wide range
$420K–$2.03M
neighborhoods.com quoted current Cane Island prices from $420,000 to about $2,025,000, roughly $198 per square foot.
Active homes
~57–123
TexasRealEstateSource's Oct 15, 2026 snapshot counted about 123 active Cane Island listings, HAR.com about 72, Redfin about 58 and Zillow about 57; counts shift with each new release phase.
Snapshot Active listings, as of November 5, 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 | $0.42 | FY 2026-27 city rate adopted September 2026 (down from $0.4250); applies to homes inside the Katy city limits, which cover much of Cane Island. |
| Waller County | $0.5585 | 2026 adopted county rate (about $0.5585 total per $100, up from about $0.5562 the prior year); most of Cane Island sits in Waller County. |
| Harris County | $0.41750 | Tax year 2026 adopted general-fund rate; combined county total about $0.6715 per $100 (up from about $0.62 the prior year). A portion of the community falls in Harris County. |
| Katy ISD | $1.1171 | FY 2026-27 rate (M&O $0.7271 plus I&S $0.3900), held flat again 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 November 5, 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, festivals and malls 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.
-
Mary Jo Peckham Park
A favorite Harris County park with a fishing lake, mini-golf and disc golf, just north of Cane Island.
-
Katy Heritage Museum
Local history, artifacts and museum programs run by the City of Katy.
-
LaCenterra at Cinco Ranch
Katy's walkable shopping and dining district with events throughout the year.
-
Katy Sip N Stroll
Katy's downtown evening stroll returns Sat Nov 7, 2026 (6-9 p.m.) at The ARK by Norris, minutes from Cane Island; the 32nd edition, themed Let's Glow!, is presented by Kroger.
-
Katy Mills
A major outlet and entertainment mall with dining, theaters and family attractions.
-
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.
Keep Exploring
Explore more Katy-area communities.
Compare Cane Island with the other Katy-area communities Sharcom covers in depth, or jump to the Katy guides, the buyer and seller resources, and the latest Houston and Katy market reading.
Nearby Communities
Area Guides & Market Info
Buyer & Seller Resources
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 brings deep 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
Texas real estate experience, 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.
Message received
Thank you for reaching out to Sharcom Realty Group. A broker will get back to you shortly at the phone or email you provided.