First settled in 1872, the town square was laid out in 1895. The city was named for the Missouri, Kansas and Texas Railroad. William Eule introduced rice farming to the dry-land farmers in 1901, and rice replaced cotton, peanuts and corn. Today, Katy is still renowned as a rice farming and rail center, and it also is known for one of the largest gas fields in the state. Katy's city limits are in three counties—Harris, Waller and Fort Bend. Proximity to Houston provides Katy with all the benefits of a big city with the community life of a small town.
Numerous parks provide recreational opportunities throughout the city. Shoppers find bargains at Katy Mills outlet mall, I-10 and Katy–Fort Bend Road, and La Centerra at Cinco Ranch. The area on the Katy Prairie is excellent for hunting, bird watching and nature study. Annual events include the Katy Home & Garden Show in January, FFA Rodeo in March, Folk Life Festival in April and the Katy Rice Harvest Festival in October.
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