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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 1927 Lenora Ct, Katy, TX, 77493 offers a 10.74% rental yield on a $299,000 purchase with $2,676/mo rent. Total monthly income registers $2,676/mo, and a $1,463/mo payment leaves $504/mo available for distribution. Annual cash flow reaches $6,048/yr on $99,119 to close, and return on cash invested stands at 26.01% in year one. Equity gained on principal adds $1,929/yr while 5% annual appreciation supports $82,608 over five years. Portfolio math shows five-year ROI at 137.03% and total cumulative return in cash at $135,826. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,676/mo property income against a $1,463/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
5,144 sqft lot
$N/A/sqft
$554 annually 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 |
|---|---|---|
| 2025-04-18 | Listed for sale | $299,000 |
| 2023-12-16 | Listing removed | N/A |
| 2023-10-22 | Price change | $325,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-18 | $3564.50 | 17.17% | $274,804 | -12.53% |
| 2023-04-18 | $3042.04 | N/A | $314,167 | 13.69% |
| 2022-04-18 | N/A | N/A | $276,339 | 32.37% |
Listed by: Cristina Benson • Walzel Properties - Corporate Office
Mls Name: HAR
Mls Provider:
Mls ID: #37278878
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