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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 23906 Providence Glen Trl, Katy, TX, 77493 listed at $375,000 pairs $3,161/mo rent with a $1,835/mo payment to leave $341/mo cash flow. Total monthly income runs $3,161/mo, and annual cash flow reaches $4,094/yr on $124,313 cash to close. Return on cash invested measures 23.2% in year one, and rental yield registers 10.12% at a $375,000 basis. Equity gained on principal adds $2,420/yr, and annual property appreciation at 5% supports $103,606 by year five. Five-year ROI tracks 122.28% and total cumulative return in cash totals $152,007. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,161/mo property income relative to a $1,835/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2018
6,137 sqft lot
$N/A/sqft
$1,295 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 |
|---|---|---|
| 2025-01-23 | Listed for sale | $375,000 |
| 2025-01-21 | Pending sale | $375,000 |
| 2024-12-13 | Price change | $375,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $6772.77 | -2.73% | $371,634 | -7.09% |
| 2023-02-13 | $6963.16 | 28.60% | $400,000 | -3.54% |
| 2022-02-13 | $5414.38 | N/A | $414,668 | 32.46% |
What's Special
Radiant Attic Barrier
Listed by: Thu Lam • 5th Stream Realty
Mls Name: HAR
Mls Provider:
Mls ID: #58094740
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