








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 19535 Lazy Valley Dr, Katy, TX, 77449 listed at $195,000 pairs $2,017/mo rent with a $954/mo payment to leave $596/mo cash flow. Total monthly income runs $2,017/mo, and annual cash flow reaches $7,149/yr on $64,643 cash to close. Return on cash invested measures 30.97% in year one, and rental yield registers 12.41% at a $195,000 basis. Equity gained on principal adds $1,258/yr, and annual property appreciation at 5% supports $53,875 by year five. Five-year ROI tracks 163.62% and total cumulative return in cash totals $105,766. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,017/mo property income relative to a $954/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1980
5,405 sqft lot
$N/A/sqft
$420 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 |
|---|---|---|
| 2025-04-11 | Listed for sale | $195,000 |
| 2024-02-24 | Listing removed | N/A |
| 2024-02-02 | Listed for rent | $1,700 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-12 | $3162.69 | 151.01% | $175,058 | 2.33% |
| 2023-04-12 | $1260.01 | -32.21% | $171,067 | 15.31% |
| 2022-04-12 | $1858.76 | N/A | $148,359 | 24.29% |



Listed by: Aurora Pisana • Lemon Grove Realty
Mls Name: HAR
Mls Provider:
Mls ID: #37268394
Disclaimer: Copyright 2025, 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.