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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% |
Investment property for sale in Katy at 761 Ocean Palms Dr, Katy, TX, 77493 at $309,990 posts ROI 26.19% with $538/mo cash flow from $2,850/mo rent. Total monthly income equals $2,850/mo, and annual cash flow records $6,450/yr on $102,762 to close. Return on cash invested measures 26.19% and rental yield reads 11.03% at the current $309,990. Equity gained on principal adds $2,000/yr, and 5% annual appreciation supports $85,645 by year five. Five-year ROI prints 138.18% and total cumulative return in cash totals $142,000.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,850/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2022
5,405 sqft lot
$N/A/sqft
$1,300 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 |
|---|---|---|
| 2025-06-10 | Price change | $309,990 |
| 2025-05-15 | Listed for sale | $319,990 |
| 2025-05-15 | Listing removed | $329,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-10 | $2192.53 | -4.43% | $337,020 | -1.63% |
| 2023-06-10 | $2294.27 | 735.40% | $342,600 | 787.33% |
| 2022-06-10 | $274.63 | N/A | $38,610 | N/A |
Listed by: Claire Liang • Houston Elite Properties LLC
Mls Name: HAR
Mls Provider:
Mls ID: #32325762
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