








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 1506 Windys Way, Katy, TX, 77449 at $235,000 posts ROI 27.73% with $507/mo cash flow from $2,203/mo rent. Total monthly income equals $2,203/mo, and annual cash flow records $6,089/yr on $77,903 to close. Return on cash invested measures 27.73% and rental yield reads 11.25% at the current $235,000. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,926 by year five. Five-year ROI prints 146.14% and total cumulative return in cash totals $113,848.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,203/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1982
0.25 Acres lot
$N/A/sqft
$296 annually 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 |
|---|---|---|
| 2024-12-23 | Price change | $235,000 |
| 2024-12-09 | Price change | $245,000 |
| 2024-12-07 | Price change | $225,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $227,485 | -5.57% |
| 2023-12-27 | $1807.53 | -24.89% | $240,916 | 17.62% |
| 2022-12-27 | $2406.57 | N/A | $204,820 | 39.50% |



Listed by: Andrew Shaghoury • eXp Realty, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #48167379
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.