








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 23235 S Warmstone Way, Katy, TX, 77494 offers a 7.5% rental yield on a $525,000 purchase with $3,283/mo rent. 09% in year one. Equity gained on principal adds $3,388/yr while 5% annual appreciation supports $145,048 over five years. Portfolio math shows five-year ROI at 83.86% and total cumulative return in cash at $144,849. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,283/mo property income against a $2,570/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
8,363 sqft lot
$N/A/sqft
$1,450 annually 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 |
|---|---|---|
| 2025-04-03 | Listed for sale | $525,000 |
| 2021-05-06 | Sold | N/A |
| 2021-03-29 | Pending sale | $350,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-03 | $3857.65 | -31.16% | $446,190 | -3.54% |
| 2023-04-03 | $5603.93 | -10.06% | $462,581 | 20.04% |
| 2022-04-03 | $6230.62 | N/A | $385,360 | 34.28% |



Listed by: Dan Klawer • Keller Williams Signature
Mls Name: HAR
Mls Provider:
Mls ID: #71276178
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