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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 1515 Avenue A, Katy, TX, 77493 offers a 4.97% rental yield on a $690,000 purchase with $2,860/mo rent. 23% in year one. Equity gained on principal adds $4,452/yr while 5% annual appreciation supports $190,634 over five years. Portfolio math shows five-year ROI at 41.78% and total cumulative return in cash at $94,856. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,860/mo property income against a $3,377/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
0.97 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77493, Katy, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,370 (100%) |
| Owner Occupied HU | 23,744 (75.7%) |
| Renter Occupied HU | 5,525 (17.6%) |
| Vacant Housing Units | 2,101 ( 6.7%) |
| Median Home Value | $360,331 |
| Average Home Value | $412,471 |
Residential
28,487
Single Family
26,616
Multi-Family
1,871
Businesses
700
Date | Event | Price |
|---|---|---|
| 2024-12-25 | Listed for sale | $690,000 |
| 2024-12-18 | Pending sale | $690,000 |
| 2024-11-02 | Listed for sale | $690,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $13747.84 | 3.18% | $639,200 | -0.00% |
| 2023-02-13 | $13324.05 | 62.31% | $639,201 | 77.56% |
| 2022-02-13 | $8209.01 | N/A | $360,000 | -21.94% |
Listed by: Von Cooper • Better Homes and Gardens Real Estate Gary Greene - The Woodlands
Mls Name: HAR
Mls Provider:
Mls ID: #88429852
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