Tenant-Occupied & Income-Producing Investment Opportunity – Katy, TX
Discover this spacious 4-bedroom, 3.5-bathroom home in Katy, offering approximately 2,614 sq. ft. on a generous 9,708 sq. ft. lot. Features include a striking brick exterior, mature landscaping, spacious living areas, fireplace, elegant staircase, and abundant natural light.
Currently tenant-occupied and revenue-generating, this property offers investors the opportunity to acquire an income-producing asset in a desirable Katy location.
Priced at $299,000, it presents an attractive opportunity for investors seeking a spacious rental property with long-term potential.
Located in the Bear Creek Plantation area, the home offers convenient access to major roads, schools, shopping, dining, parks, and everyday amenities, including Katy Mills, Katy City Park, and George Bush Park.
An excellent opportunity to add an affordable, income-producing property to your investment portfolio.
For sale
$299,000
6218 Paddle Wheel Dr, Katy, TX 77449
4beds
2,614sqft
Single Family Residence
Built in 1993
9,709 Square Feet Lot
$294,300 Zestimate®
$114/sqft
$43/mo HOA
What's special
Abundant natural lightStriking brick exteriorElegant staircaseMature landscaping
- 63 days
- 289
- 39
Zillow last checked:
Listing updated:
Listed by:
Deoir Thomas TREC #0472319 341-600-3338,
Texas Signature Realty
Source: HAR,MLS#: 85072861
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Primary bedroom
- Level: First
- Area: 224
- Dimensions: 16 x 14
Bedroom
- Level: Second
- Area: 120
- Dimensions: 10 x 12
Bedroom
- Level: Second
- Dimensions: 10 × 12
Bedroom
- Level: Second
- Area: 224
- Dimensions: 16 x 14
Dining room
- Level: First
- Area: 120
- Dimensions: 10 x 12
Kitchen
- Level: First
- Area: 120
- Dimensions: 10 x 12
Living room
- Level: First
- Area: 288
- Dimensions: 16 x 18
Heating
- Electric
Cooling
- Electric
Features
- Number of fireplaces: 1
Interior area
- Total structure area: 2,614
- Total interior livable area: 2,614 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
Features
- Stories: 2
Lot
- Size: 9,709 Square Feet
- Features: Cul-De-Sac, 0 Up To 1/4 Acre
Details
- Parcel number: 1160280050013
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Brick, Other
- Foundation: Slab
- Roof: Composition
Condition
- New construction: No
- Year built: 1993
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Bear Creek Plantation 01 R/P
HOA
- Has HOA: Yes
- HOA fee: $510 annually
Location
- Region: Katy
Financial & listing details
- Price per square foot: $114/sqft
- Tax assessed value: $293,552
- Annual tax amount: $6,930
- Date on market: 8/14/2026
Estimated market value
$294,300
$280,000 - $309,000
$2,411/mo
Price history
| Date | Event | Price |
|---|---|---|
| 11/25/2025 | Listing removed | $2,750$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/22/2025 | Listed for rent | $2,750+38.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/21/2025 | Listing removed | $1,990$1/sqft |
Source: | ||
| 11/8/2025 | Price change | $1,990+7.6%$1/sqft |
Source: | ||
| 11/3/2025 | Listed for rent | $1,850$1/sqft |
Source: | ||
| 10/10/2025 | Listing removed | $1,850$1/sqft |
Source: | ||
| 9/22/2025 | Price change | $1,850-7%$1/sqft |
Source: | ||
| 8/19/2025 | Price change | $299,000-12.1%$114/sqft |
Source: | ||
| 8/18/2025 | Listed for rent | $1,990$1/sqft |
Source: | ||
| 8/5/2025 | Listing removed | $1,990$1/sqft |
Source: | ||
| 8/5/2025 | Pending sale | $340,000$130/sqft |
Source: | ||
| 7/29/2025 | Listed for rent | $1,990$1/sqft |
Source: | ||
| 7/29/2025 | Listed for sale | $340,000$130/sqft |
Source: | ||
| 7/8/2025 | Pending sale | $340,000$130/sqft |
Source: | ||
| 5/14/2025 | Listed for sale | $340,000-10.3%$130/sqft |
Source: | ||
| 2/23/2024 | Listing removed | -- |
Source: | ||
| 2/15/2024 | Listed for rent | $1,990+10.6%$1/sqft |
Source: | ||
| 2/13/2024 | Listed for sale | $379,000+26.3%$145/sqft |
Source: | ||
| 9/15/2022 | Price change | $299,999-3.2%$115/sqft |
Source: | ||
| 9/4/2022 | Listed for sale | $310,000$119/sqft |
Source: | ||
| 8/25/2022 | Pending sale | $310,000$119/sqft |
Source: | ||
| 7/18/2022 | Listed for sale | $310,000$119/sqft |
Source: | ||
| 7/13/2022 | Pending sale | $310,000$119/sqft |
Source: | ||
| 7/9/2022 | Listed for sale | $310,000$119/sqft |
Source: | ||
| 7/21/2018 | Listing removed | $1,800$1/sqft |
Source: NTR Texas #35763368 Report a problem | ||
| 2/27/2018 | Sold | -- |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,271 +5.9% | $293,552 +3.6% |
| 2024 | $2,144 +6.6% | $283,484 -3.1% |
| 2023 | $2,011 +2.9% | $292,640 +3.9% |
| 2022 | $1,953 | $281,706 +35.5% |
| 2021 | -- | $207,849 +4.2% |
| 2020 | $1,539 +0.8% | $199,473 +2.4% |
| 2019 | $1,527 -59.5% | $194,711 +5.6% |
| 2018 | $3,769 | $184,436 +9.6% |
| 2017 | $3,769 +0% | $168,213 |
| 2016 | $3,769 +12.8% | $168,213 +4% |
| 2015 | $3,343 | $161,798 +9.5% |
| 2014 | $3,343 | $147,792 +18.4% |
| 2013 | -- | $124,820 |
| 2012 | -- | $124,820 |
| 2011 | -- | $124,820 |
| 2010 | -- | $124,820 |
| 2009 | -- | $124,820 -14.4% |
| 2008 | -- | $145,880 |
| 2007 | -- | $145,880 +3% |
| 2006 | -- | $141,600 |
| 2005 | -- | $141,600 |
| 2004 | -- | $141,600 +1% |
| 2003 | -- | $140,200 +4.2% |
| 2002 | -- | $134,600 +6.2% |
| 2001 | -- | $126,800 +2.3% |
| 2000 | -- | $124,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 77449
Nearby schools
Schools provided by the listing agent
- Elementary: Mcfee Elementary School
- Middle: Thornton Middle School (Cy-Fair)
- High: Cypress Lakes High School
Source: HAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





