








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 305 Elm Patch Dr, Katy, TX, 77493 earns $209/mo cash flow from $2,833/mo rent with a $1,786/mo payment. Total monthly income totals $2,833/mo, and annual cash flow totals $2,507/yr on $120,998 capital. ROI tracks 21.98% on current figures, and rental yield reads 9.31% at a $365,000 purchase. Equity gained on principal adds $2,355/yr, and 5% annual appreciation supports $100,843 over five years. Five-year ROI reaches 115.26% and total cumulative return in cash sums $139,459. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,833/mo property income instead of your personal income.
Single Family
Built in 2021
N/A lot
$N/A/sqft
$348 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 |
|---|---|---|
| 2025-01-20 | Listed for sale | $365,000 |
| 2022-10-14 | Listing removed | N/A |
| 2022-09-14 | Pending sale | $325,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $4301.91 | -21.84% | $319,090 | 3.54% |
| 2023-02-13 | $5504.21 | 27.83% | $308,190 | 19.89% |
| 2022-02-13 | $4305.96 | N/A | $257,050 | 1270.57% |



Listed by: Julien Mbwaye • Fairdale Realty
Mls Name: HAR
Mls Provider:
Mls ID: #62875709
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