316 Eastwood Flats Dr

Katy, TX 77493
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4 bd, 2.5 ba | 2,076 sqft | Built in 2021

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List Price
$300,000

Initial Investment

$81,750

Purchase Price

$300,000

Down Payment

25%

Rent

$2,440

Total Return

$103,325

Annualized Return

17.5%

Cap Rate

5.0%

Gross Yield

9.8%

Cash Flow

-$1,540

Appreciation

6.6%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

5,125

HOA

$29/mo

Flood Risk

Not Required

Welcome to this beautiful 2021 built LGI Home! With an assumable loan available. This 4 bedroom 2 and a half bath home is located in Freeman Ranch subdivision minutes away from 99 & I-10. As soon as you walk in you're welcomed to a spacious open floor plan. With a fully appliance furnished kitchen, long granite countertops, and deep pantry over looking the living room; it is ideal for entertaining. With the primary bedroom on the first floor you don't have to travel far to retreat at the end of the day. In the second floor you will find other spacious rooms with plenty of closet space in each one of them. It also comes with no backyard neighbors. Book your appointment today!

See more in Analysis
Ariana White
EXP Realty, LLC
TX Agent License #714146

Annual Financial Highlights

Expected Rent

$27,816

Expenses

-$4,676

Property Taxes

-$8,370

Loan Payments

-$16,310

Net Cash Flow

-$1,540

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Rafael Mata
Agent License 0756120
CB&A, Realtors
Certified Agent Brokerage:Ariana White
EXP Realty, LLC
TX Brokerage License 603392
SourceHouston Association of REALTORS®
MLS #33733165
Last Updated: 03/15/2025 14:03
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