








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 24218 Calico Trace Ln, Katy, TX, 77494 offers a 10.13% rental yield on a $375,000 purchase with $3,166/mo rent. Total monthly income registers $3,166/mo, and a $1,835/mo payment leaves $500/mo available for distribution. Annual cash flow reaches $5,997/yr on $124,313 to close, and return on cash invested stands at 24.73% in year one. Equity gained on principal adds $2,420/yr while 5% annual appreciation supports $103,606 over five years. Portfolio math shows five-year ROI at 129.91% and total cumulative return in cash at $161,499. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,166/mo property income against a $1,835/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2016
3,833 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: Ryan Barker • The Home Run Team, LLC
Mls Name: HAR
Mls ID: #86819193