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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 3138 Thicket Path Way, Katy, TX, 77493 generates $3,235/mo in rent and, after a $1,605/mo payment, leaves $834/mo in cash flow. Total monthly income is $3,235/mo, and annual cash flow is $10,011/yr on $108,732 invested. Return on cash invested sits at 29.12% in year one, and rental yield is 11.84% on a $328,000 entry. Equity gained on principal adds $2,117/yr, while 5% annual appreciation builds toward $90,620 over five years. Five-year ROI reaches 153.72% and total cumulative return in cash sums $167,143. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,235/mo property income rather than buyer’s personal income.
Single Family
Built in 2013
5,013 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 |
|---|---|---|
| 2025-01-29 | Listed for sale | $328,000 |
| 2016-07-20 | Listing removed | $1,600 |
| 2015-02-01 | Listing removed | $1,650 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $5673.02 | -5.48% | $310,791 | -9.15% |
| 2023-02-13 | $6001.68 | 5.38% | $342,075 | 15.75% |
| 2022-02-13 | $5695.51 | N/A | $295,534 | 34.12% |
Listed by: Michelle Lee • KingFay Inc
Mls Name: HAR
Mls Provider:
Mls ID: #24075901
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