40
Map
$399,000 Last Listed Price
●
House -
Off Market
1414 Queens Bay Drive
Katy, TX 77494
4 Beds
2 Baths
2,355 Ft²
$2,669
Est. Monthly
$56
HOA / Fees
5.69%
Cap Rate
About This Property
Welcome to 1414 Queens Bay Drive, a beautifully maintained
4-bedroom, 2-bathroom home located in the gated community of Falcon
Landing in Katy. This single-story home offers a spacious and
functional layout with over 2,300 square feet of living space. High
ceilings and natural light fill the living areas, creating a warm
and inviting atmosphere. The open-concept kitchen flows into the
family room, making it perfect for everyday living and
entertaining. The primary suite features a large bedroom, double
vanities, and a soaking tub with separate shower. Three additional
bedrooms offer flexibility for a home office, guest space, or .
Step outside to a nicely sized backyard with room to play or
garden. The home sits on a 6,800+ sq ft lot and includes a two-car
garage. Zoned to top-rated Katy ISD schools including Fielder
Elementary and Cinco Ranch Junior High, this home is also just
minutes from shopping, dining, parks, and major commuter routes.
Unit Size
2,355 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$169
Property Type
House
Property Taxes
$653
HOA Dues
$56
Year Built
2002
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (HAR #79759197)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 8, 2025 | Sold | ||
| Sold | |||
| Jun 25, 2025 | In contract | - | |
| In contract | |||
| Jun 20, 2025 | Listed by Martha Turner Sotheby's International Realty | $399,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
| Jun 7, 2019 | Sold | ||
| Sold | |||
| Apr 15, 2019 | Listed by REALM Real Estate Professional | $310,000 | |
| Listed by REALM Real Estate Professional | |||
| | |||
|
Immaculate House in Falcon landing . Located in cul-de-sac in a beautiful gated community, this unique property is one of the most distinguished ones. The home will enchant you from the first moment you walk inside. The kitchen, masted bedroom, and master bathroom have been renovated in a gorgeous European style, marking the difference from the rest of the homes in the same subdivision. Backyard is your own escape oasis with beautiful designed pool and stamped concrete decking. Minutes away from all Katy has to offer. Zoned to Katy ISD.
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Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Falcon Landing
Similar Homes for Sale
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Listed by: Bryan Beene, Martha Turner Sotheby's International Realty
Last Updated: 4 months ago
Data Source: HAR , MLS# 79759197
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Last Updated: 4 months ago
Data Source: HAR , MLS# 79759197
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