








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 3127 Ruby Ridge Dr, Katy, TX, 77493 listed at $297,140 pairs $2,640/mo rent with a $1,454/mo payment to leave $527/mo cash flow. Total monthly income runs $2,640/mo, and annual cash flow reaches $6,328/yr on $98,502 cash to close. Return on cash invested measures 26.33% in year one, and rental yield registers 10.66% at a $297,140 basis. Equity gained on principal adds $1,917/yr, and annual property appreciation at 5% supports $82,094 by year five. Five-year ROI tracks 138.52% and total cumulative return in cash totals $136,442. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,640/mo property income relative to a $1,454/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
N/A lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Jared Turner • Lennar Homes Village Builders, LLC
Mls Name: HAR
Mls ID: #32393127