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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 18707 Balsam Creek Ln, Katy, TX, 77449 listed at $335,000 pairs $2,728/mo rent with a $1,640/mo payment to leave $290/mo cash flow. Total monthly income runs $2,728/mo, and annual cash flow reaches $3,485/yr on $111,053 cash to close. Return on cash invested measures 23.05% in year one, and rental yield registers 9.77% at a $335,000 basis. Equity gained on principal adds $2,162/yr, and annual property appreciation at 5% supports $92,554 by year five. Five-year ROI tracks 121.11% and total cumulative return in cash totals $134,492. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,728/mo property income relative to a $1,640/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2017
6,390 sqft lot
$N/A/sqft
$660 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 |
|---|---|---|
| 2024-12-16 | Listed for sale | $335,000 |
| 2024-12-10 | Listing removed | $335,000 |
| 2024-11-18 | Price change | $305,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $337,928 | -5.29% |
| 2023-12-27 | $1621.51 | 8.11% | $356,803 | 12.09% |
| 2022-12-27 | $1499.85 | N/A | $318,305 | 28.66% |
Listed by: Neocia Farris • eXp Realty LLC
Mls Name: HAR
Mls Provider:
Mls ID: #54705964
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.
