








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Katy at 23006 S Warmstone Way, Katy, TX, 77494 generates $2,932/mo in rent, after a $2,178/mo payment. Total monthly income is $2,932/mo. Return on cash invested sits at 18.02% in year one, and rental yield is 7.91% on a $445,000 entry. Equity gained on principal adds $2,872/yr, while 5% annual appreciation builds toward $122,945 over five years. Five-year ROI reaches 93.93% and total cumulative return in cash sums $138,560. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,932/mo property income rather than buyer’s personal income.
Single Family
Built in 1995
7,705 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77494, Katy, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 51,600 (100%) |
| Owner Occupied HU | 34,369 (66.6%) |
| Renter Occupied HU | 14,379 (27.9%) |
| Vacant Housing Units | 2,852 ( 5.5%) |
| Median Home Value | $489,545 |
| Average Home Value | $538,775 |
Residential
49,087
Single Family
38,473
Multi-Family
10,614
Businesses
2,819
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Lisa Hudgens • RE/MAX Partners
Mls Name: HAR
Mls ID: #95427465