$325,000 Last Listed Price
●
House -
Off Market
1614 Emerald River Drive
Katy, TX 77494
3 Beds
2 Baths
1,914 Ft²
$351,535
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model
About This Property
Charming single-story Lennar design in the highly-desired, gated &
golf course community of Falcon Landing. Features luxury vinyl
plank flooring, pre-wired alarm system, in-ground lawn sprinkler,
thick crown molding, 2" blinds, custom light fixtures & much more!
>1,900 sq.ft. floor plan offers elegant formal dining, &
spacious family room w/gas log fireplace & wall of built-ins.
Chef's island kitchen boasts elegant granite counters, white
cabinetry, & modern stainless steel appliances; including gas
oven/5-burner range & built-in microwave. Eat-in breakfast space &
2 breakfast bars for tons of seating. Primary Suite offers private
en-suite w/dual closets, dual sinks, & Whirlpool tub + separate
shower. 2 guest beds are bright & spacious w/great closets & 2nd
full bath nearby for sharing. TX-sized covered patio & fenced
backyard w/storage shed & NO back neighbors. Minutes from amenities
like golf club, park, pool, tennis courts & more. Near TX-99 for
easy commute. Katy ISD schools!
Unit Size
1,914 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$170
Property Type
House
Property Taxes
$436
HOA Dues
$77
Year Built
1997
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #18819323)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 19, 2022 | Sold | ||
| Sold | |||
| Dec 3, 2021 | Listed by RE/MAX Grand | $325,000 | |
| Listed by RE/MAX Grand | |||
| | |||
|
Charming single-story Lennar design in the highly-desired, gated & golf course community of Falcon Landing. Features luxury vinyl plank flooring, pre-wired alarm system, in-ground lawn sprinkler, thick crown molding, 2" blinds, custom light fixtures & much more! >1,900 sq.ft. floor plan offers elegant formal dining, & spacious family room w/gas log fireplace & wall of built-ins. Chef's island kitchen boasts elegant granite counters, white cabinetry, & modern stainless steel appliances; including gas oven/5-burner range & built-in microwave. Eat-in breakfast space & 2 breakfast bars for tons of seating. Primary Suite offers private en-suite w/dual closets, dual sinks, & Whirlpool tub + separate shower. 2 guest beds are bright & spacious w/great closets & 2nd full bath nearby for sharing. TX-sized covered patio & fenced backyard w/storage shed & NO back neighbors. Minutes from amenities like golf club, park, pool, tennis courts & more. Near TX-99 for easy commute. Katy ISD schools!
| |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Falcon Landing
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Dixie Hightower, RE/MAX Grand
Last Updated: 4 months ago
Data Source: HAR , MLS# 18819323
Copyright © 2026, Houston Realtors Information Service, Inc. Information provided is exclusively for consumers’ personal, non-commercial use and may not be used for any
purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.
Last Updated: 4 months ago
Data Source: HAR , MLS# 18819323
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017