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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Katy at 1207 Grand West Blvd UNIT 1K, Katy, TX, 77449 uses $126,361 cash to close to unlock $5,833/yr annual cash flow and $486/mo monthly cash flow. Total monthly income runs $3,485/mo, and a $1,866/mo payment keeps the spread at $486/mo. Purchase price stands at $381,180, and rental yield measures 10.97% with $3,485/mo rent. Return on cash invested shows 24.52% in year one, and 5% annual appreciation builds toward $105,313 over five years. Five-year ROI reaches 129.83% and total cumulative return in cash records $164,051. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,485/mo property income covering a $1,866/mo payment rather than investor’s personal income.
Condo
Built in 2019
1.56 Acres lot
$N/A/sqft
$288 monthly HOA
Neighborhood data shown for ZIP Code: 77449, Katy, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 46,204 (100%) |
| Owner Occupied HU | 29,727 (64.3%) |
| Renter Occupied HU | 14,352 (31.1%) |
| Vacant Housing Units | 2,125 ( 4.6%) |
| Median Home Value | $266,123 |
| Average Home Value | $298,870 |
Residential
45,273
Single Family
39,223
Multi-Family
6,050
Businesses
1,711
Date | Event | Price |
|---|---|---|
| 2024-06-17 | Listed for sale | $381,180 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $218,280 | N/A |
| 2023-12-27 | $3829.71 | -22.62% | N/A | N/A |
| 2022-12-27 | $4949.03 | N/A | $256,800 | -0.01% |
Listed by: Henry Harnold • eXp Realty LLC
Mls Name: HAR
Mls Provider:
Mls ID: #74438232
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