








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 611 Park Leaf Ln, Katy, TX, 77450 uses $99,450 cash to close to unlock $5,413/yr annual cash flow and $451/mo monthly cash flow. Total monthly income runs $2,681/mo, and a $1,468/mo payment keeps the spread at $451/mo. Purchase price stands at $300,000, and rental yield measures 10.72% with $2,681/mo rent. Return on cash invested shows 25.35% in year one, and 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 133.71% and total cumulative return in cash records $132,972. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,681/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 1975
8,855 sqft lot
$N/A/sqft
$425 annually HOA
Neighborhood data shown for ZIP Code: 77450, Katy, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,806 (100%) |
| Owner Occupied HU | 16,796 (62.7%) |
| Renter Occupied HU | 9,008 (33.6%) |
| Vacant Housing Units | 1,002 ( 3.7%) |
| Median Home Value | $368,833 |
| Average Home Value | $417,525 |
Residential
25,836
Single Family
19,863
Multi-Family
5,973
Businesses
1,609
Date | Event | Price |
|---|---|---|
| 2025-07-01 | Listed for sale | $300,000 |
| 2020-05-21 | Listing removed | $215,000 |
| 2020-04-09 | Pending sale | $215,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-01 | $5716.83 | 12.67% | $401,143 | 6.62% |
| 2023-07-01 | $5074.16 | -22.96% | $376,249 | 10.09% |
| 2022-07-01 | $6586.53 | N/A | $341,768 | 31.04% |



Listed by: Jimmy Franklin • eXp Realty LLC
Mls Name: HAR
Mls Provider:
Mls ID: #78209354
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