Chicago-based RSK Real Estate Partners has acquired 9.37 acres in Harris County, setting the stage for a 156-unit build-to-rent (BTR) duplex development near Katy Park—one of northwest Katy’s busiest recreational destinations.
The land, situated at the northeast corner of Katy Hockley Road and Morton Road, is part of a rapidly developing corridor anchored by the fully leased Market at Katy Park retail center and neighboring residential communities. The acquisition was brokered by NewQuest Properties on behalf of the buyer.
Matthew Davis and Kristen McDade of Cushman & Wakefield represented the seller, Morton Ranch Development LLC, the entity behind the adjacent Market at Katy Park, a 158,171-square-foot H-E-B-anchored center. Next door, the recently opened Oaks at Katy Park apartment complex is currently leasing its 348 units.
RSK’s forthcoming community will consist of 103 three-bedroom and 53 two-bedroom duplex units, each averaging about 1,600 square feet. First units are projected to deliver by late second quarter of 2026.
The development is RSK’s largest in the Houston area to date. The firm has previously completed smaller BTR projects in the market. The Katy site is the latest step in what RSK calls its “5|5|5 Initiative”—a plan to build 5,000 units in five markets over five years. Targeted regions include Houston, Dallas, San Antonio, Raleigh, and several cities in Florida.
In addition to the duplexes, the surrounding area is set to see continued growth. Katy Park, a 100-acre public complex with over 700,000 annual visitors and 32 athletic fields, is at the heart of a residential expansion that includes plans for an estimated 25,000 new homes in the region.
The project adds to a growing portfolio of build-to-rent communities in Greater Houston, reflecting national trends in alternative housing options amid rising home prices and shifting lifestyle preferences.
