Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 23823 Wispy Way, Katy, TX, 77494 offers a 8.05% rental yield on a $459,999 purchase with $3,085/mo rent. 56% in year one. Equity gained on principal adds $2,968/yr while 5% annual appreciation supports $127,089 over five years. Portfolio math shows five-year ROI at 91.78% and total cumulative return in cash at $139,957. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,085/mo property income against a $2,251/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
7,200 sqft lot
$N/A/sqft
$1,350 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 |
|---|---|---|
| 2025-05-11 | Listed for sale | $459,999 |
| 2025-05-08 | Listing removed | $460,000 |
| 2025-05-02 | Price change | $460,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-11 | $7364.93 | -0.77% | $449,688 | 0.21% |
| 2023-05-11 | $7421.83 | 4.07% | $448,728 | 16.59% |
| 2022-05-11 | $7131.48 | 36.80% | $384,870 | 40.61% |
Listed by: Tara Nguyen • Double Eight Properties
Mls Name: HAR
Mls Provider:
Mls ID: #87958590
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.
