








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Katy at 2926 Indwarra Ct, Katy, TX, 77494 generates $3,220/mo in rent and, after a $1,664/mo payment, leaves $698/mo in cash flow. Total monthly income is $3,220/mo, and annual cash flow is $8,378/yr on $112,710 invested. Return on cash invested sits at 27.34% in year one, and rental yield is 11.36% on a $340,000 entry. Equity gained on principal adds $2,194/yr, while 5% annual appreciation builds toward $93,936 over five years. Five-year ROI reaches 144.34% and total cumulative return in cash sums $162,690. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,220/mo property income rather than buyer’s personal income.
Single Family
Built in 2015
9,051 sqft lot
$N/A/sqft
$1,250 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 |
|---|---|---|
| 2025-07-08 | Price change | $340,000 |
| 2025-06-04 | Price change | $350,000 |
| 2025-05-15 | Price change | $370,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-08 | $4188.96 | 11.98% | $337,033 | 10.00% |
| 2023-07-08 | $3740.83 | -11.73% | $306,394 | 10.00% |
| 2022-07-08 | $4238.16 | 5.82% | $278,540 | 10.00% |



Listed by: Jamie McMartin • Compass RE Texas, LLC - Katy
Mls Name: HAR
Mls Provider:
Mls ID: #67960552
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