Investor market data · Texas

Katy, TX Rental Market for Investors

An estimated 32% of Katy's active listings could cash-flow as a short-term rental — here's what the numbers say for investors, as of August 2026.

See what pencils →Run a DSCR

$387,890Median list price2,617 active listings

$40,133Median STR revenue / yrprojected, gross

Homes in Katy that pencil right now

A sample of active Katy listings whose DSCR clears 1.25 using short-term rental income projections we accept as a direct lender. These are spread across the price range, not ranked, and current as of August 2026.

$210,000DSCR 1.26
2 bed · 2 bath · 1,008 sqft
House in 77449 · built 2003
STR revenue
$32,361/yr
Est. interest-only payment
$1,718/mo
On the market 116 days · Listed by RE MAX Integrity
Scout this home & market: 2-bed house in Katy
$224,000DSCR 1.52
2 bed · 2 bath · 1,038 sqft
House in 77449 · built 1981
STR revenue
$40,041/yr
Est. interest-only payment
$1,753/mo
On the market 44 days · Listed by Genesis, Realtors
Scout this home & market: 2-bed house in Katy
$240,000DSCR 1.32
3 bed · 2 bath · 1,404 sqft
House in 77449 · built 2004
STR revenue
$39,405/yr
Est. interest-only payment
$1,988/mo
On the market 23 days · Listed by Realty Of America, LLC
Scout this home & market: 3-bed house in Katy
$259,900DSCR 1.36
3 bed · 2 bath · 1,350 sqft
House in 77449 · built 1983
STR revenue
$40,880/yr
Est. interest-only payment
$2,004/mo
On the market 16 days · Listed by Exp Realty LLC
Scout this home & market: 3-bed house in Katy
$275,000DSCR 1.31
5 bed · 2.5 bath · 2,218 sqft
House in 77449 · built 2003
STR revenue
$45,665/yr
Est. interest-only payment
$2,324/mo
On the market 65 days · Listed by Exp Realty LLC
Scout this home & market: 5-bed house in Katy
$275,000DSCR 1.33
3 bed · 2 bath · 1,478 sqft
House in 77449 · built 2018
STR revenue
$45,333/yr
Est. interest-only payment
$2,267/mo
On the market 122 days · Listed by Exp Realty LLC
Scout this home & market: 3-bed house in Katy
$279,900DSCR 1.28
5 bed · 2.5 bath · 2,364 sqft
House in 77449 · built 2006
STR revenue
$44,824/yr
Est. interest-only payment
$2,340/mo
On the market 34 days · Listed by Juan Carlos Say
Scout this home & market: 5-bed house in Katy
$289,000DSCR 1.26
4 bed · 2.5 bath · 2,465 sqft
House in 77449 · built 2006
STR revenue
$47,136/yr
Est. interest-only payment
$2,499/mo
On the market 171 days · Listed by Coldwell Banker Realty
Scout this home & market: 4-bed house in Katy
$296,000DSCR 1.27
4 bed · 2.5 bath · 2,156 sqft
House in 77449 · built 2006
STR revenue
$45,540/yr
Est. interest-only payment
$2,398/mo
On the market 37 days · Listed by Realm Real Estate Professional
Scout this home & market: 4-bed house in Katy

Ask about Katy deals →Run any address yourself

As of August 2026, we analyzed 2,617 active for-sale homes in Katy, Texas. The typical listing is priced at $387,890 and is projected to generate about $40,133 a year as a short-term rental.

After setting aside an estimated 20% for operating costs, an estimated 32.3% of those homes could still cover an investor mortgage payment on short-term-rental income — below the 52.5% median across the 200 major metros we track, ranking Katy #165 of 200 for cash-flow potential.

On market momentum: homes in Katy sit a median of 45 days on the market, and 37% of active listings came on in just the last 30 days — a steadily paced market, which shapes how much room there is to negotiate.

For a DSCR loan — which qualifies on the property's rental income rather than your personal income — Katy runs tighter once operating costs are accounted for: many listings need a below-median price, a stronger short-term-rental setup, or more money down before the income covers the payment. It's a market where running the numbers property-by-property matters.

What actually works in Katy

Cash-flow is the exception rather than the rule in Katy right now: 270 of the 2,464 Katy homes, condos and townhomes we can price confidently clear a DSCR of 1.25. Nine in ten of them are priced under $329,000.

Share of those listings clearing an DSCR of 1.25, by price and bedroom count. The smaller figure is the median DSCR for that group.
Price	2 bed	3 bed	4 bed	5 bed
$150k–$250k	64%1.27	72%1.35	89%1.36	—
$250k–$350k	—	18%1.07	17%1.05	42%1.19
$350k–$500k	—	1%0.78	1%0.77	2%0.91
$500k+	—	0%0.43	0%0.54	0%0.52

Darker means a larger share of that group cash-flows. “—” means fewer than 8 active listings — too few to draw a conclusion from.

Katy in full

Active for-sale homes analyzed	2,617
Median list price	$387,890
Median projected STR revenue (annual, gross)	$40,133
Median average daily rate (ADR)	$194
Median occupancy	56%
Median beds	4
Median size	2,480 sqft
Estimated cash-flow-positive share	32.3%
Median days on market	45 days
New listings (last 30 days)	37.0% of active