








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 5514 Downie Draw Ranch Trl, Katy, TX, 77493 listed at $335,000 pairs $3,165/mo rent with a $1,640/mo payment to leave $667/mo cash flow. Total monthly income runs $3,165/mo, and annual cash flow reaches $8,000/yr on $111,053 cash to close. Return on cash invested measures 27.11% in year one, and rental yield registers 11.34% at a $335,000 basis. Equity gained on principal adds $2,162/yr, and annual property appreciation at 5% supports $92,554 by year five. Five-year ROI tracks 143.14% and total cumulative return in cash totals $158,960. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,165/mo property income relative to a $1,640/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2021
5,780 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 |
|---|---|---|
| 2025-05-22 | Listed for sale | $335,000 |
| 2025-05-06 | Listing removed | $339,900 |
| 2025-03-26 | Price change | $339,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-22 | $6355.47 | -3.50% | $348,736 | -7.82% |
| 2023-05-22 | $6585.65 | 6.28% | $378,313 | 18.30% |
| 2022-05-22 | $6196.74 | N/A | $319,798 | N/A |



Listed by: Jennifer Wauhob • Better Homes and Gardens Real Estate Gary Greene - Katy
Mls Name: HAR
Mls Provider:
Mls ID: #63261008
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