ZIP CODE 77493 // HOUSTON-THE WOODLANDS-SUGAR LAND, TX // DATA AS OF 2026-09-30
Katy, TX (77493) Rental Property Cap Rate & Cash Flow Report
Located in Harris County (Katy, TX), Zip Code 77493 ranks #62 of 500 within this selected sample (88th percentile) with a Zillow ZHVI typical home-value index of $335,766 (-3.9% YoY) and a ZORI observed market rent of $2,197/mo (-1.8% YoY). Requires at least 35.9% down payment at 6.5% interest to reach $0/mo break-even cash flow. This model combines different housing populations; it is not an observed average property return. Costs assume state-average tax, 0.5% annual insurance, 13% reserves and no HOA or management. Figures below follow your edits; this headline describes the original benchmark.
Net Monthly Cash Flow
-$338/mo
Annual: -$4,052/yr
Modeled Cap Rate
4.86%
NOI: $16,322/yr
Cash-on-Cash Return
-5.25%
Cash Needed: $77,226
1% Rule Ratio
0.65%
Gross Yield: 7.85%
Break-Even Rent
$2,585/mo
State Tax: 1.47%/yr
INTERACTIVE PRO-FORMA STATEMENT (ZIP 77493 BENCHMARK)
Edit any value
Purchase Price (ZHVI proxy)
Monthly Gross Rent (ZORI proxy)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (TX Avg 1.47%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I)
-$1,698/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves)
-$837/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (77493)
| Year | ZHVI Value | ZORI Rent | Gross Yield |
|---|---|---|---|
| 2021 | $312,140 | $1,964/mo | 7.55% |
| 2022 | $376,691 | $2,185/mo | 6.96% |
| 2023 | $362,681 | $2,197/mo | 7.27% |
| 2024 | $361,775 | $2,228/mo | 7.39% |
| 2025 | $349,210 | $2,238/mo | 7.69% |
| 2026 | $335,766 | $2,197/mo | 7.85% |
COMPARABLE U.S. RENTAL MARKETS
| Zip / City | Price | Rent | Cap Rate | Cash Flow |
|---|---|---|---|---|
| 77044 Houston, TX | $284,438 | $1,859/mo | 4.85% | -$288/mo |
| 75211 Cockrell Hill, TX | $222,799 | $1,469/mo | 4.91% | -$214/mo |
| 77840 College Station, TX | $286,872 | $1,848/mo | 4.76% | -$314/mo |
| 79936 El Paso, TX | $224,897 | $1,440/mo | 4.71% | -$254/mo |
| 76179 Fort Worth, TX | $315,813 | $2,018/mo | 4.70% | -$360/mo |
| 78504 McAllen, TX | $263,666 | $1,684/mo | 4.70% | -$301/mo |