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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 23242 Spring Genesis Ln, Katy, TX, 77493 listed at $325,000 pairs $2,846/mo rent with a $1,591/mo payment to leave $472/mo cash flow. Total monthly income runs $2,846/mo, and annual cash flow reaches $5,665/yr on $107,738 cash to close. Return on cash invested measures 25.17% in year one, and rental yield registers 10.51% at a $325,000 basis. Equity gained on principal adds $2,097/yr, and annual property appreciation at 5% supports $89,792 by year five. Five-year ROI tracks 132.55% and total cumulative return in cash totals $142,801. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,846/mo property income relative to a $1,591/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2023
4,896 sqft lot
$N/A/sqft
$750 annually HOA
Neighborhood data shown for ZIP Code: 77493, Katy, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,370 (100%) |
| Owner Occupied HU | 23,744 (75.7%) |
| Renter Occupied HU | 5,525 (17.6%) |
| Vacant Housing Units | 2,101 ( 6.7%) |
| Median Home Value | $360,331 |
| Average Home Value | $412,471 |
Residential
28,487
Single Family
26,616
Multi-Family
1,871
Businesses
700
Date | Event | Price |
|---|---|---|
| 2025-06-14 | Listed for sale | $325,000 |
| 2025-05-18 | Listed for rent | $2,600 |
| 2025-05-17 | Listing removed | $2,600 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-15 | $5201.35 | 662.84% | $285,408 | 628.68% |
| 2023-06-15 | $681.84 | N/A | $39,168 | N/A |
Listed by: Adey Sewoniku • CB&A, Realtors-Katy
Mls Name: HAR
Mls Provider:
Mls ID: #6848791
Disclaimer: Copyright 2025, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
