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Houston Single Family Rental $290k

3025 Iron Woods Dr, Katy
ROI
15.06% IRR
Strategy
Long Term Rental
Located in Katy with highly rated schools and a strong appreciation history. The same floor plan leased for $3,150 via Section 8, with approval for up to $3,179 per month through the Harris County Housing Authority. Built in 2020 for minimal maintenance. Solid investment in a high-demand rental market. HOA $29. Taxes $9415.

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Houston Single Family Rental $290k

Listed 02/03/2025

3025 Iron Woods Dr, Katy

Purchase Price:$290,000

Cash Outlay:$78,300

Cashflow:$207/mo

Cap Rate:6.84%

IRR:15.06%

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