








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 24822 Bastiani Canvas Ln, Katy, TX, 77493 listed at $380,000 pairs $2,956/mo rent with a $1,860/mo payment to leave $183/mo cash flow. Total monthly income runs $2,956/mo, and annual cash flow reaches $2,199/yr on $125,970 cash to close. Return on cash invested measures 21.65% in year one, and rental yield registers 9.33% at a $380,000 basis. Equity gained on principal adds $2,452/yr, and annual property appreciation at 5% supports $104,987 by year five. Five-year ROI tracks 113.68% and total cumulative return in cash totals $143,197. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,956/mo property income relative to a $1,860/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2021
4,948 sqft lot
$N/A/sqft
$845 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 |
|---|---|---|
| 2025-03-28 | Listing removed | $2,400 |
| 2025-02-25 | Price change | $2,400 |
| 2025-02-22 | Price change | $380,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-05 | $5671.90 | -5.62% | $310,730 | -9.28% |
| 2023-09-05 | $6009.68 | 76.21% | $342,532 | 4.42% |
| 2022-09-05 | $3410.47 | N/A | $328,021 | 874.19% |



Listed by: Chau Tran • LPT Realty, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #84082956
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