








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 21311 Slate Crossing Ln, Katy, TX, 77449 uses $106,080 cash to close to unlock $4,429/yr annual cash flow and $369/mo monthly cash flow. Total monthly income runs $2,694/mo, and a $1,566/mo payment keeps the spread at $369/mo. Purchase price stands at $320,000, and rental yield measures 10.1% with $2,694/mo rent. Return on cash invested shows 24.08% in year one, and 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 126.68% and total cumulative return in cash records $134,379. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,694/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Single Family
Built in 2012
5,527 sqft lot
$N/A/sqft
$595 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 |
|---|---|---|
| 2025-04-26 | Listed for sale | $320,000 |
| 2019-03-18 | Listing removed | $1,780 |
| 2019-01-26 | Listed for rent | $1,780 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-26 | $3827.96 | 0.88% | $290,269 | -5.32% |
| 2023-04-26 | $3794.45 | -27.39% | $306,573 | 13.06% |
| 2022-04-26 | $5225.60 | N/A | $271,151 | 27.94% |



Listed by: Karina Mazariegos • Realty Of America, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #78280705
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