Under $500K Investment Properties for Sale in Katy, TX


185- 3 Bed
- 2 Bath
- 1590 sft


259- 4 Bed
- 3 Bath
- 2098 sft


176- 4 Bed
- 3 Bath
- 2552 sft


279- 3 Bed
- 3 Bath
- 2400 sft
Why Invest in Katy, Texas?
Katy, Texas offers compelling opportunities for real estate investors seeking properties under $500K in a rapidly growing Houston suburb. The market features strong rental demand with over 2,200 active listings under $500K, indicating robust inventory and buyer interest. With median home prices around $426,815 and new construction starting at $227,740, investors can capture appreciation in an expanding market. The area's proximity to major employment centers and master-planned communities like Sunterra and Elyson provides stable tenant pools and long-term value growth.
Frequently Asked Questions
Homes under $500K in Katy range from approximately $220,000 to $500,000, with median prices around $426,815. New construction starts as low as $227,740, while established neighborhoods offer diverse options across this price band. The price per square foot averages $182.17, providing good value for investors.
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