KATY, TX 77449

Offering Price: $160,000

ARV: $225,000–$235,000

Estimated Rehab: $30,000

Projected Rent: ~$1,750/Month

Off-market opportunity in Katy featuring a solid 3-bedroom, 2-bath home with great bones and multiple exit strategies. This property needs a new roof, HVAC replacement, and a straightforward cosmetic interior rehab, making it a strong candidate for either a flip or long-term rental.

Property Details

• 3 Bedrooms / 2 Bathrooms
• 1,467 SF
• 5,788 SF Lot
• Built in 2005
• Attached 2-car garage
• Covered back patio
• Zoned to Cy-Fair ISD

Flip Potential

With an offering price of $160,000 and an estimated $30,000 rehab, projected all-in basis is approximately $190,000 before financing, holding, and closing costs.

Projected ARV: $225,000–$235,000

Comparable sales include:

5914 Laramie River Court 3 Beds / 2 Baths | 1,490 SF Sold: $237,500

6014 Decker Ridge Court 3 Beds / 2 Baths | 1,423 SF Sold: $229,500

6022 Minard Drive 3 Beds / 2 Baths | 1,459 SF Sold: $225,000

Rental Strategy

For buy-and-hold investors, estimated market rent is approximately $1,750/month, making this a solid rental candidate once the major systems and cosmetic updates are completed.

The combination of a manageable rehab, 2005 construction, attached garage, covered patio, and Cy-Fair ISD zoning gives this property strong appeal for both resale and rental demand.

The Opportunity

Purchase: $160,000 Estimated Rehab: $30,000 ARV: $225,000–$235,000 Estimated Rent: ~$1,750/Month

A straightforward Katy value-add deal with flip potential, rental upside, and strong comparable sales nearby.

Call or Text 346-230-1340 for photos, access, or to submit an offer.

All property details, repair estimates, rental projections, comparable sales, and values are provided for informational purposes only and should be independently verified by the buyer.