Investment Properties Under $500K in Katy, TX | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

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

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.

7.2%
Avg. ROI
5.8%
Rental Yield
6.5%
Cap Rate
$385/mo
Avg. Cash Flow
$2150/mo
Avg. Rent
4.3%
1Y Appreciation

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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