








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 21602 N Boundary Peak Way, Katy, TX, 77449 listed at $299,999 pairs $2,701/mo rent with a $1,468/mo payment to leave $526/mo cash flow. Total monthly income runs $2,701/mo, and annual cash flow reaches $6,316/yr on $99,450 cash to close. Return on cash invested measures 26.26% in year one, and rental yield registers 10.8% at a $299,999 basis. Equity gained on principal adds $1,936/yr, and annual property appreciation at 5% supports $82,884 by year five. Five-year ROI tracks 138.32% and total cumulative return in cash totals $137,556. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,701/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2004
5,719 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 |
|---|---|---|
| 2025-07-11 | Listed for sale | $299,999 |
| 2023-04-20 | Listing removed | N/A |
| 2023-03-20 | Pending sale | $310,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-11 | N/A | N/A | N/A | N/A |
| 2023-07-11 | $3624.31 | -15.89% | $358,910 | 15.36% |
| 2022-07-11 | $4308.84 | N/A | $311,113 | 24.43% |



Listed by: Sahar Khatib • Keller Williams Realty Southwest
Mls Name: HAR
Mls Provider:
Mls ID: #75763410
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