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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 21219 Flat Creek Ln, Katy, TX, 77449 uses $116,025 cash to close to unlock $4,062/yr annual cash flow and $338/mo monthly cash flow. Total monthly income runs $2,869/mo, and a $1,713/mo payment keeps the spread at $338/mo. Purchase price stands at $350,000, and rental yield measures 9.84% with $2,869/mo rent. Return on cash invested shows 23.41% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 122.99% and total cumulative return in cash records $142,694. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,869/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 1996
7,618 sqft lot
$N/A/sqft
$500 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 |
|---|---|---|
| 2025-05-05 | Listed for sale | $350,000 |
| 2025-04-01 | Listing removed | $360,000 |
| 2025-02-08 | Price change | $360,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-05 | $1455.11 | 0.76% | $285,584 | -6.64% |
| 2023-05-05 | $1444.09 | -39.27% | $305,899 | 16.47% |
| 2022-05-05 | $2377.75 | N/A | $262,632 | 26.51% |
Listed by: James Nimene • RA Brokers
Mls Name: HAR
Mls Provider:
Mls ID: #76223798
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