$1,150,000
↓ $50K (4.2%)
●
House -
For Sale
2414 Monarch Terrace Drive
Katy, TX 77494
8 Beds
6 Baths,
1
Half Bath
8,230 Ft²
$7,805
Est. Monthly
$71
HOA / Fees
About This Property
Experience exceptional luxury living in this impressive 8230 sqft
two-story estate. It is located on a 0.36 acre lot in the
sought-after Firethorne master planned community with no rear
neighbors. Elegant formal living and dining rooms create a grand
first impression, leading to a spacious family room with a
fireplace that flows into the expansive kitchen featuring an
oversized island, generous counter space, and a bright breakfast
area with an adjoining sitting room overlooking the lush backyard.
The serene primary suite offers peaceful green views, space for a
sitting area, and a luxurious bath. The main level also includes a
private office and an additional bedroom. Upstairs, 6 additional
bedrooms, a spacious recreation room, and a balcony overlooking
expansive greenspace provide a remarkable amount of flexibility for
different uses. Enjoy community pools, parks, trails, lakes, and
recreation, with I-10, SH 99, shopping, dining, entertainment, golf
courses, and attractions nearby.
Unit Size
8,230 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$140
Property Type
House
Property Taxes
$2,086
HOA Dues
$71
Year Built
2009
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: 7 days ago (HAR #23069589)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 21, 2026 | Price Decreased |
$1,150,000
↓ $50K
(4.2%) | |
| Price Decreased | |||
| Jul 29, 2026 | Listed by Keller Williams Realty Metropolitan | $1,200,000 | |
| Listed by Keller Williams Realty Metropolitan | |||
Property Highlights
Garage
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Attached
Garage Spaces: 3
Interior Details
Half Bathrooms: 1
Full Bathrooms: 6
Interior Features: 1 Bedroom Down - Not Primary BR, En-Suite Bath, Primary Bed - 1st Floor, Sitting Area, Walk-In Closet(s)
Appliances: Double Oven, Electric Oven, Microwave, Gas Cooktop
Flooring Type: Carpet, Tile
Has Fireplace
Fireplaces: 2
Exterior Details
Square Footage: 8230
Architectural Style: Traditional
Year Built: 2009
Building Area Total: 8230
Construction Materials: Brick
Patio and Porch Features: Covered, Patio
Lot Features: Back Yard, Subdivided, 1/4 Up to 1/2 Acre
Lot Size Area: 0.3602
Lot Size Units: Acres
Lot Size Acres: 0.3602
Lot Size Square Feet: 15690.312
Water Source: Water District
Financial Details
Tax Annual Amount: $25,036
Utilities Details
Cooling Type: Ceiling Fan(s), Electric
Heating Type: Natural Gas
Location Details
HOA/Condo/Coop Amenities: Playground, Pool, Trail(s)
HOA Fee: $71
HOA Fee Frequency: Monthly
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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HOA + Taxes
About Fort Bend
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Listed by: Heidi Cole, Keller Williams Realty Metropolitan
Last Updated: 7 days ago
Data Source: HAR , MLS# 23069589
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Last Updated: 7 days ago
Data Source: HAR , MLS# 23069589
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