








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 21442 Park Timbers Ln, Katy, TX, 77450 uses $132,600 cash to close to unlock $839/yr annual cash flow and $70/mo monthly cash flow. Total monthly income runs $2,950/mo, and a $1,958/mo payment keeps the spread at $70/mo. Purchase price stands at $400,000, and rental yield measures 8.85% with $2,950/mo rent. Return on cash invested shows 20.54% in year one, and 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 107.55% and total cumulative return in cash records $142,612. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,950/mo property income covering a $1,958/mo payment rather than investor’s personal income.
Single Family
Built in 1990
7,361 sqft lot
$N/A/sqft
$425 annually HOA
Neighborhood data shown for ZIP Code: 77450, Katy, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,806 (100%) |
| Owner Occupied HU | 16,796 (62.7%) |
| Renter Occupied HU | 9,008 (33.6%) |
| Vacant Housing Units | 1,002 ( 3.7%) |
| Median Home Value | $368,833 |
| Average Home Value | $417,525 |
Residential
25,836
Single Family
19,863
Multi-Family
5,973
Businesses
1,609
Date | Event | Price |
|---|---|---|
| 2025-04-24 | Listed for sale | $400,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-24 | $4071.29 | 18.29% | $341,688 | -4.64% |
| 2023-04-24 | $3441.89 | -15.21% | $358,310 | 18.69% |
| 2022-04-24 | $4059.20 | N/A | $301,879 | 31.93% |



Listed by: Nicole Walters • Greater Houston REP, Inc
Mls Name: HAR
Mls Provider:
Mls ID: #67909198
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