








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 20923 Wedgewood Chase Way, Katy, TX, 77449 listed at $265,000 pairs $2,333/mo rent with a $1,297/mo payment to leave $411/mo cash flow. Total monthly income runs $2,333/mo, and annual cash flow reaches $4,933/yr on $87,848 cash to close. Return on cash invested measures 25.52% in year one, and rental yield registers 10.56% at a $265,000 basis. Equity gained on principal adds $1,710/yr, and annual property appreciation at 5% supports $73,215 by year five. Five-year ROI tracks 134.4% and total cumulative return in cash totals $118,071. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,333/mo property income relative to a $1,297/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2017
6,046 sqft lot
$N/A/sqft
$450 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 |
|---|---|---|
| 2025-06-07 | Listed for sale | $265,000 |
| 2020-11-15 | Listing removed | $1,700 |
| 2020-11-08 | Listing removed | $205,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-07 | $2013.06 | 2.10% | $266,176 | -7.24% |
| 2023-06-07 | $1971.60 | 10.42% | $286,966 | 11.42% |
| 2022-06-07 | $1785.55 | N/A | $257,557 | 30.55% |



Listed by: Annie Farmer • Keller Williams Platinum
Mls Name: HAR
Mls Provider:
Mls ID: #38457717
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