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 2803 Lakecrest Way Dr, Katy, TX, 77493 listed at $345,000 pairs $2,914/mo rent with a $1,689/mo payment to leave $411/mo cash flow. Total monthly income runs $2,914/mo, and annual cash flow reaches $4,928/yr on $114,368 cash to close. Return on cash invested measures 24.22% in year one, and rental yield registers 10.14% at a $345,000 basis. Equity gained on principal adds $2,226/yr, and annual property appreciation at 5% supports $95,317 by year five. Five-year ROI tracks 127.36% and total cumulative return in cash totals $145,660. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,914/mo property income relative to a $1,689/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2006
7,914 sqft lot
$N/A/sqft
$595 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 |
|---|---|---|
| 2025-07-08 | Price change | $345,000 |
| 2025-07-01 | Price change | $349,000 |
| 2025-06-08 | Price change | $373,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-08 | $4396.74 | 16.02% | $323,655 | -8.53% |
| 2023-07-08 | $3789.78 | -14.04% | $353,855 | 14.63% |
| 2022-07-08 | $4408.61 | N/A | $308,690 | 25.35% |
Listed by: Keri Stonecipher • HomeSmart
Mls Name: HAR
Mls Provider:
Mls ID: #26388090
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.
