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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 3302 Elizabeth Springs Ct, Katy, TX, 77494 generates $5,107/mo in rent and, after a $3,255/mo payment, leaves $274/mo in cash flow. Total monthly income is $5,107/mo, and annual cash flow is $3,285/yr on $218,785 invested. Return on cash invested sits at 21.56% in year one, and rental yield is 9.22% on a $665,000 entry. Equity gained on principal adds $4,291/yr, while 5% annual appreciation builds toward $183,727 over five years. Five-year ROI reaches 113.1% and total cumulative return in cash sums $247,435. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,107/mo property income rather than buyer’s personal income.
Single Family
Built in 2015
9,369 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 |
|---|---|---|
| 2025-07-09 | Listed for sale | $665,000 |
| 2025-07-02 | Listing removed | $665,000 |
| 2025-07-01 | Listed for sale | $665,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-09 | $8047.43 | -5.99% | $580,748 | -4.54% |
| 2023-07-09 | $8560.45 | -3.87% | $608,377 | 10.00% |
| 2022-07-09 | $8904.94 | 5.04% | $553,070 | 7.25% |
Listed by: Anas Khzam • LPT Realty, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #95337282
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