50
Map
$420,000
●
House -
For Sale
2218 Falcon Knoll Lane
Katy, TX 77494
4 Beds
2 Baths,
1
Half Bath
2,442 Ft²
$2,117
Est. Monthly
$54
HOA / Fees
7.56%
Cap Rate
About This Property
This beautiful two-story home offers spacious living just a
6-minute drive from Cinco Ranch High School and close to a popular
shopping center. Featuring a large backyard with a shed, expansive
patio, and a dedicated gaming room, it's perfect for both
relaxation and entertainment. Inside, natural light fills the open
layout, highlighting the inviting breakfast area and well-designed
living spaces. With thoughtful details throughout, this home
combines comfort, convenience, and style in a prime location.
Unit Size
2,442 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$172
Property Type
House
Property Taxes
-
HOA Dues
$54
Year Built
2005
Listed By
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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: 2 days ago (HAR #50223132)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 3, 2026 | Relisted | $420,000 | |
| Relisted | |||
| Jul 10, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Aug 4, 2025 | Listed by Keller Williams Memorial | $420,000 | |
| Listed by Keller Williams Memorial | |||
| Jun 7, 2025 | Listed | $390,000 | |
| Listed | |||
| | |||
|
This beautiful two-story home offers spacious living just a 6-minute drive from Cinco Ranch High School and close to a popular shopping center. Featuring a large backyard with a shed, expansive patio, and a dedicated gaming room, it's perfect for both relaxation and entertainment. Inside, natural light fills the open layout, highlighting the inviting breakfast area and well-designed living spaces. With thoughtful details throughout, this home combines comfort, convenience, and style in a prime location.
| |||
| Jun 27, 2022 | Sold | ||
| Sold | |||
Show More
Property Highlights
Garage
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Attached
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Prewired for Alarm System, All Bedrooms Down, Primary Bed - 1st Floor
Appliances: Disposal, Refrigerator, Gas Oven, Microwave, Dishwasher
Flooring Type: Carpet, Tile, Wood
Has Fireplace
Fireplace Features: Gas Log
Fireplaces: 2
Exterior Details
Square Footage: 2442
Architectural Style: Traditional
Year Built: 2005
Builder Name: Meritage Homes
Building Area Total: 2442
Window Features: Insulated/Low-E windows
Construction Materials: Brick, Cement Siding, Wood Siding
Lot Features: Subdivided, 0 Up To 1/4 Acre
Lot Size Area: 0.163
Lot Size Units: Acres
Lot Size Acres: 0.163
Lot Size Square Feet: 7100.28
Water Source: Water District
Utilities Details
Cooling Type: Electric
Heating Type: Natural Gas
Location Details
HOA Fee: $650
HOA Fee Frequency: Annually
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 Ranch
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Currently no similar homes aroundNearby Rentals
Listed by: Yan Wang, Keller Williams Memorial
Last Updated: 2 days ago
Data Source: HAR , MLS# 50223132
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Last Updated: 2 days ago
Data Source: HAR , MLS# 50223132
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