The Michael O’Neal Group · Falcon Ranch community guide
Falcon RanchLower values than nearby plans
Want a Katy ISD home near the Westpark Tollway for less than most of the Katy-area master plans? Falcon Ranch fits. The tradeoff is a MUD rate of $0.70 per $100 plus a drainage district.
Michael O’Neal, Broker · REALTOR® leads The Michael O’Neal Group from the Keller Williams Realty Northeast office on West Lake Houston Parkway in Humble. Meet Michael
Falcon Ranch from above. Aerial: USGS The National Map imagery (public domain).
Interactive neighborhood map
Falcon Ranch and its neighbors, on one map.
Tap the gold dot for Falcon Ranch’s HAR figures and tax units; colored dots are groceries, parks and hospitals with verified coordinates. Gray dots are nearby neighborhoods to compare.
- Falcon Ranch
- Nearby neighborhood
- Golf course
- Grocery, park or hospital
Neighborhood dots are approximate centers; we don’t draw subdivision, city or district boundaries. Filter rules: Golf nearby: Nearest golf course 1 mile or less (straight line from the neighborhood center). Near parks: A mapped park 1.5 miles or less from the neighborhood center. Larger homes: HAR 2025 median home size of 2,800 sq ft or more. Established: HAR 2025 median year built before 1995. Newer homes: HAR 2025 median year built 2010 or later. Larger lots: HAR 2025 median lot of 9,000 sq ft or more.
Daily life
What everyday life in Falcon Ranch looks like.
From the area’s own records and each place’s official page. Places without verified coordinates are described here but not mapped.
Groceries
Nearest H-E-B stores in our list (straight line from Falcon Ranch’s center): Mason Rd H-E-B, 2.0 mi; Katy Market H-E-B, 2.7 mi.
Healthcare
Nearest hospitals with an emergency room (straight line): Houston Methodist West Hospital, 5.8 mi; Texas Children's Hospital West Campus, 6.1 mi.
Neighborhood comparison
Falcon Ranch and nearby neighborhoods, side by side.
Tap Compare on Falcon Ranch and one or two neighbors to line up HAR figures, dues and tax units.
Falcon Ranch
Falcon Ranch is a Katy-area subdivision in Fort Bend County (ZIP 77494) served by Fort Bend County MUD 124, in Katy ISD and the Willow Fork Drainage District.
- $419KHAR 2025 median value
- 2,756Median sq ft
- 2005Median year built
- Fort Bend MUD 124: $0.7000 per $100 (2026)
Cinco Ranch
Katy area of Fort Bend County. HAR lists the community address as 23103 Cinco Ranch Blvd, Katy 77494; the golf club is at 23030 Cinco Ranch Blvd, Katy 77450.
- $458KHAR 2025 median value
- 2,663Median sq ft
- 2004Median year built
- Cinco Ranch Commercial Association II: $14.39 per point annual (due January 1) (2026)
- Cinco MUD 1: $0.3550 per $100 (2024) and 8 more
Firethorne
Firethorne is a 1,400-acre master-planned community on FM 1463 between Katy and Fulshear, in Fort Bend County south of I-10.
- 2015Median year built
- Fort Bend MUD 151: $0.7200 per $100 (2025)
Cane Island
Cane Island is a master-planned community of about 1,100 acres north of I-10 and just west of the Grand Parkway, inside the City of Katy.
HAR has no 2025 neighborhood figures for this section. Ask for recent sales.
Tamarron
West of Katy and north-east of Fulshear in Fort Bend County, off Jordan Road and Tamarron Parkway, with access to I-10 (Katy Freeway) per D.R. Horton.
- $354KHAR 2025 median value
- 2,098Median sq ft
- 2020Median year built
- Fort Bend County MUD No. 182: $1.0700 per $100 (not stated by FBCAD) and 2 more
Cross Creek Ranch
Cross Creek Ranch is a 3,200-acre master-planned community in Fulshear, in Fort Bend County west of Katy.
- 2018Median year built
- Cross Creek Ranch Community Association (Cross Creek Ranch): $1,500 per year (2026)
- Fort Bend MUD 169: $1.1200 per $100 (2026) and 3 more
Jordan Ranch
Northern Fulshear in Fort Bend County, about one mile south of I-10, with frontage on Texas Heritage Parkway; welcome center 30757 Jordan Crossing Blvd, Fulshear, TX 77423.
- $464KHAR 2025 median value
- 2,670Median sq ft
- 2022Median year built
- Jordan Ranch homeowners association (legal name not shown on the developer's FAQ): $1,235 per year (not stated (developer FAQ, checked 2026-10-20))
- Fulshear Municipal Utility District No. 3A: $1.1200 per $100 (not stated by developer)
Fulshear
A fast-growing Fort Bend County city, incorporated in 1977, whose population grew from about 16,900 in 2020 to an estimated 64,600 in 2025, surrounded by master-planned communities.
- 2023Median year built
- MUD example: Fort Bend MUD 169: $1.1200 per $100 (2026)
Elyson
Northwest Katy area in Harris County, west of the Grand Parkway (SH 99) along FM 529.
- $444KHAR 2025 median value
- 2,732Median sq ft
- 2021Median year built
- HC MUD No. 457: $1.4158 per $100 (2025) and 2 more
Home figures: HAR.com 2025 Facts, as HAR shows them. Dues and tax rates: official sources with the year. Aerials: USGS The National Map (public domain).
Five things you might not know
Falcon Ranch details worth knowing.
- 01
Built in the 2000s
HAR's 2025 facts count 852 single-family homes with a median year built of 2005, a median of 2,756 sq ft and a median lot of 8,117 sq ft.1
- 02
Values
HAR's 2025 median market value is $418,766, with a typical range of $336K to $540K.1
- 03
MUD 124 and Willow Fork Drainage
HAR's tax table lists Fort Bend MUD 124 and the Willow Fork Drainage District; their adopted rates are $0.70 (2026) and $0.145 (2026) per $100.1
- 04
Contract patrols
Fort Bend County renews an interlocal agreement with MUD 124, which the county's 2023 agreement identifies as Falcon Ranch, for additional law enforcement.3
- 05
District-funded crossings
MUD 124 funded footbridges under a 2014 county agreement and a pedestrian hybrid beacon under a 2019 agreement.4
Getting around
From Falcon Ranch to the rest of Houston.
Main routes: the Westpark Tollway, the Grand Parkway's Segment D and I-10.78
Straight-line distance, not road miles. Traffic changes by the hour, so we don’t publish drive times; the route link opens Google Maps with current traffic, which is an estimate, not a guarantee.
Neighborhood matchmaker
Which nearby neighborhood fits you best?
Compare Falcon Ranch with nearby neighborhoods in five questions. Matches use only HAR 2025 neighborhood figures, official tax rates and straight-line distances, never anything about who lives there.
Falcon Ranch market dashboard
What the market around Falcon Ranch is doing.
HAR doesn’t publish monthly market-area figures for Falcon Ranch alone. HAR’s Katy - Southwest and Katy - Southeast market areas cover the communities around Falcon Ranch; we don’t claim Falcon Ranch sits inside either one. These are HAR’s own monthly single-family figures, read Nov. 6, 2026; HAR’s market areas have their own boundaries, so read them as the bigger picture.
Katy - Southwest
HAR market area · single-family
- $469,950Median sold price, Sep 2026
- 132Homes sold, Sep 2026
- 758Active listings, Oct 2026
- 4.7Months of inventory, Oct 2026
- 32Median days on market, Sep 2026
- +0.9%Active listings vs. a year ago
Katy - Southeast
HAR market area · single-family
- $410,000Median sold price, Sep 2026
- 69Homes sold, Sep 2026
- 342Active listings, Oct 2026
- 3.8Months of inventory, Oct 2026
- 24Median days on market, Sep 2026
- +10.7%Active listings vs. a year ago
HAR 2025 Facts for Falcon Ranch: median market value $418,766, typical range $336K - $540K, median home 2,756 sq ft on a 8,117 sq ft lot, median year built 20051.
Monthly trends
Source: HAR.com market area price trends (single-family sold and active tables). Reporting month shown on each point.
Neighborhood comparisons
HAR.com neighborhood pages, “2025 Facts” (checked Oct. 14, 2026). Neighborhood medians, not sale prices or appraisals. HAR market areas and neighborhoods have different boundaries, so compare like with like.
Greater Houston for context (September 2026): $325,000 median sale price, 40,192 active listings, 5.5 months of inventory. HAR, released Oct. 14, 202611.
What it means: months of inventory near 5 to 6 is usually called balanced. Subdivision-level pending sales and price reductions aren’t on HAR’s public pages; Michael can pull them from the MLS.
Thinking about selling in Falcon Ranch?
Get a Falcon Ranch market report
Recent sales, pending sales, price reductions and days on market from the MLS for your subdivision.
Falcon Ranch sellers
Find your Falcon Ranch home’s value.
Enter your address and spin the same Home Value Wheel that’s on our homepage. It uses one system across the site: a value Michael prepared for your home, or Homebot’s automated estimate labeled as Homebot’s. It never makes up a number. For a full comparative market analysis, ask Michael.
An automated estimate is not an appraisal or a comparative market analysis. For a professional pricing review, ask Michael or request a home valuation.
- Pricing from the marketA comparative market analysis of recent sales guides your price.
- Professional photographyBecause the first showing happens online.
- MLS and HAR.com exposureWhere Houston buyers and their agents search.
- Tracked inquiries and follow-upInterested buyers do not go cold.
- Buyer feedback and reportingWhat buyers and agents say after showings.
- Digital coordination and e-signingDocuments, deadlines and signatures tracked through closing.
- Launch videoShort pieces made for social media, where buyers see a home first.
- Aerial imageryDrone photos of the lot, the setting and the neighborhood.
- Matterport 3D toursAn immersive 3D tour buyers can walk through online, when it suits the home.
- Floor plansA floor plan with the listing photos, so buyers understand the layout.
- StagingStaging help when it will change how the home shows.
- Digital advertising and social contentPaid and organic campaigns that reach more local buyers.
No one can guarantee a buyer, a price or a timeline. What we control is how well your home is priced, presented and followed up.
Homeownership costs
What it costs to own in Falcon Ranch.
Katy ISD's adopted rate is $1.1171 per $100.2
Nothing is pre-filled for insurance. Get quotes for the specific address, including flood, even outside a mapped zone.
No rate is filled in for you. For reference, Freddie Mac’s average 30-year rate was 7.32% the week of Oct. 22, 2026. Lenders quote by credit and loan type.
True Cost of Homeownership calculator (adds exemptions, mortgage and PMI) · Mortgage calculator
Rates: each unit’s adopted rate from official sources, with its year1213. Fort Bend County units: Fort Bend County (2025), Fort Bend County Drainage District (2025).
Before you move here
The Good, The Bad & The Reality.
Want a Katy ISD home near the Westpark Tollway for less than most of the Katy-area master plans? Falcon Ranch fits. The tradeoff is a MUD rate of $0.70 per $100 plus a drainage district.
The Good
- Lower values than nearby plansHAR's 2025 median market value is $418,766.1
- Katy ISDKaty ISD's adopted rate is $1.1171 per $100.2
- Extra patrolsFort Bend County provides additional law enforcement under an agreement with MUD 124.3
- Pedestrian crossingsMUD 124 funded footbridges and a pedestrian hybrid beacon.45
The Bad
The Reality
- Michael’s bottom lineFalcon Ranch gets you into Katy ISD near the tollway at a lower price than most master plans around it. I would run the full tax bill first, since MUD 124 and the drainage district add almost $0.85 per $100, then check the flood zone for the lot.
- You may love it ifBuyers who want Katy ISD at a mid-range price
- You may love it ifBuyers commuting on the Westpark Tollway
- You may love it ifBuyers who want a mid-2000s home
- Consider elsewhere ifIf you want bigger lots nearby, compare Grayson Lakes.
- Consider elsewhere ifIf you want a lower MUD rate, look at Grand Lakes.
Michael’s Take · broker opinion, based on the sourced facts above
My take: Falcon Ranch gets you into Katy ISD near the tollway at a lower price than most master plans around it. I would run the full tax bill first, since MUD 124 and the drainage district add almost $0.85 per $100, then check the flood zone for the lot.
- Katy Independent School DistrictDistrict listed for Falcon Ranch in our recordsSARA school assignment by address
School assignments and attendance boundaries can change. Confirm the assigned schools directly with the district before making a housing decision. We don’t publish ratings or rankings.
Flood research
Flood research for a Falcon Ranch address.
Check the official maps for the specific address.
Research flood information for an address
- FEMA Flood Map Service CenterOfficial effective flood map for the address
- Fort Bend County Drainage District FAQsCounty flood resources
- Our flood map guideHow to read the official maps
No map can say a property won’t flood. Check the official map, the seller’s disclosure, flood insurance and the elevation of the specific home. Michael is a broker, not a flood engineer or insurance agent.
Compare
Falcon Ranch vs. nearby choices.
HAR 2025 values where HAR publishes them, straight-line distances and links to each full guide. Nothing here is a rating.
| Measure | Falcon Ranch | Other |
|---|
Grand Lakes · Cinco Ranch · Firethorne · Katy · Cane Island · Central Houston luxury comparison · Houston area map · Relocation guide
The O’Neal Insider
What’s happening near Falcon Ranch?
Texas Renaissance Festival
Texas Renaissance Festival grounds · 9 a.m. to 8 p.m.
Organizer: Texas Renaissance Festival
77th Annual H-E-B Thanksgiving Day Parade
Downtown Houston · 9 a.m.
Organizer: City of Houston Special Events Office
From The O’Neal Insider events calendar (checked Oct. 21, 2026). Past events hide automatically. All events · Restaurants and things to do
Free weekly newsletter
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Local events, new businesses and the housing market around Falcon Ranch, every Tuesday. One subscription; no spam.
Questions buyers actually ask
Falcon Ranch questions, answered.
What do HAR’s 2025 Facts show for homes in Falcon Ranch?
HAR’s 2025 Facts for “Falcon Ranch” show a median market value of $418,766, a typical range of $336K - $540K, a median home of 2,756 sq ft on a 8,117 sq ft lot, and a median year built of 2005. They are HAR’s neighborhood medians, not sale prices or appraisals.
Source: HAR.com 2025 Facts (checked Oct. 14, 2026).
Which local taxing units apply in Falcon Ranch besides Fort Bend County?
Our records show Katy ISD at $1.1171 per $100 (2026); Fort Bend MUD 124 at $0.7000 per $100 (2026); Willow Fork Drainage District at $0.1450 per $100 (2026); Fort Bend ESD 2 at $0.0968 per $100 (2026). Rates and years are as each office lists them; the FBCAD account for a specific address shows which units apply.
Sources: taxrateinfo.fortbendcountytx.gov, taxrateinfo.fortbendcountytx.gov, taxrateinfo.fortbendcountytx.gov, taxrateinfo.fortbendcountytx.gov.
What did HAR’s Katy - Southwest market area show this fall for buyers looking at Falcon Ranch?
On Nov. 6, 2026, HAR showed a Sep 2026 median sold price of $469,950 for single-family homes in its Katy - Southwest market area, with 132 sales that month, 758 active listings in Oct 2026 and about 4.7 months of inventory. HAR’s area has its own boundaries; ask for a subdivision-level report before pricing or offering.
Source: HAR.com market area price trends (read Nov. 6, 2026).
More questions and answers are in the resource center below.
Tools
Plan your move to Falcon Ranch.
Relocating?
Get the Greater Houston Relocation Guide
Central Houston and seven other regions, compared with the same sourced facts.
Have questions about Falcon Ranch?
Talk directly with Michael O’Neal.
- Broker and owner of The Michael O’Neal Group, Keller Williams Realty Northeast, 20665 W. Lake Houston Pkwy, Humble (TREC broker #624124)
- The Michael O’Neal Group has helped 2,035 families over 13 years
- RealTrends Verified: No. 1 team in Kingwood by volume and sides, 2025 sales data (profile)
- HAR Client Experience Ratings: 4.90 out of 5 from 90 surveys (imported Oct. 20, 2026; read the reviews)
- Works with buyers and sellers across Greater Houston from the team’s office in Humble
How the team helps
- Pricing from Falcon Ranch’s own recent sales
- Checking the tax units, any deed restrictions and the resale certificate before the option period ends
- Listing preparation and professional marketing
- Buyer representation and showings
- Relocation help for out-of-town buyers
- Transaction coordination from contract to close
The website assistant answers from our sourced Falcon Ranch guide and hands property-specific or current MLS questions to Michael’s team.
Home search
Explore Falcon Ranch homes.
Set your filters and the live MLS search opens through HAR.com’s IDX for The Michael O’Neal Group, with every listing’s official details and brokerage attribution.
Research
Falcon Ranch homeowner resource center.
Everything we’ve researched, with every source and checked date: city rules and services, documents, tax units, parks and amenities, schools, flood resources and FAQs. Search it or pick a topic.
Falcon Ranch at a Glance
Built in the 2000s. HAR's 2025 facts count 852 single-family homes with a median year built of 2005, a median of 2,756 sq ft and a median lot of 8,117 sq ft. HAR.com: Falcon Ranch 2025 Facts
Values. HAR's 2025 median market value is $418,766, with a typical range of $336K to $540K. HAR.com: Falcon Ranch 2025 Facts
MUD 124 and Willow Fork Drainage. HAR's tax table lists Fort Bend MUD 124 and the Willow Fork Drainage District; their adopted rates are $0.70 (2026) and $0.145 (2026) per $100. HAR.com: Falcon Ranch 2025 Facts Fort Bend County Tax Office: Fort Bend MUD 124 Fort Bend County Tax Office: Willow Fork Drainage District
Contract patrols. Fort Bend County renews an interlocal agreement with MUD 124, which the county's 2023 agreement identifies as Falcon Ranch, for additional law enforcement. Fort Bend County: interlocal agreement with FB MUD 124 (Falcon Ranch), 2023
District-funded crossings. MUD 124 funded footbridges under a 2014 county agreement and a pedestrian hybrid beacon under a 2019 agreement. Fort Bend County: MUD 124 footbridge agreement (2014) Fort Bend County: MUD 124 pedestrian hybrid beacon agreement (2019)
North Fort Bend Water Authority. MUD 124's welcome letter tells new customers the home is inside the North Fort Bend Water Authority's boundaries, which adds the authority's charge to the water bill. Fort Bend MUD 124: customer welcome and service agreement
Near the Westpark Tollway. The Westpark Tollway and the Grand Parkway's Segment D are the main nearby routes. Community Impact: Westpark Tollway and Grand Parkway connectors (2024) TxDOT: Grand Parkway Segment D
Homes and the Falcon Ranch Market
| HAR neighborhood | Single-family homes | Median size | Median lot | Median year built | Median market value | Value range |
|---|---|---|---|---|---|---|
| Falcon Ranch | 852 | 2,756 sq ft | 8,117 sq ft | 2005 | $418,766 | $336K - $540K |
HAR.com 2025 neighborhood facts. Market value is the appraisal district’s figure, not a sale price, and a median is not the value of any one home.
Median closed price, recent closed sales, price per square foot, days on market and active inventory for Falcon Ranch are MLS figures that HAR’s public pages do not publish by neighborhood. Ask for a current MLS report for the sections you are considering.
Live HAR.com search for Falcon Ranch; if it shows no homes, none are listed under that name right now. Widen the search or ask us.
Property Taxes, HOA and MUD in Falcon Ranch
| Taxing unit | Adopted rate | Year | Source |
|---|---|---|---|
| Fort Bend MUD 124 | $0.7000 per $100 | 2026 | Source |
| Willow Fork Drainage District | $0.1450 per $100 | 2026 | Source |
| Katy ISD | $1.1171 per $100 | 2026 | Source |
| Fort Bend ESD 2 | $0.096778 per $100 | 2026 | Source |
| Fort Bend County | $0.4070 per $100 | 2026 | Source |
| Fort Bend County Drainage District | $0.0100 per $100 | 2026 | Source |
Rates are per $100 of taxable value, each with its own adopted year from the Fort Bend County Tax Office. The FBCAD account lists the units for the address. Fort Bend County Tax Office: Fort Bend MUD 124
HOA and deed restrictions
No assessment amount is published by an official source, so we do not show one. The resale certificate for the address shows what it owes.
We did not find the association's own published assessment, so no dues figure is shown. Ask for the resale certificate. HAR.com: Falcon Ranch 2025 Facts
Rates are per $100 of taxable value; a tax bill also depends on the appraised value, exemptions and which units cover the address. Look an address up: Fort Bend Central Appraisal District property search, Fort Bend County Tax Assessor-Collector, True Cost of Homeownership calculator.
Schools Serving Falcon Ranch
- Katy ISD SARA school assignment by address
Falcon Ranch is in Katy ISD, which assigns campuses by address. Confirm every campus for the exact address with the district. Katy ISD: school assignment by address (SARA)
School assignments and attendance boundaries can change. Confirm the assigned schools directly with the district before making a housing decision.
Flood and Drainage Research for Falcon Ranch
Falcon Ranch is inside the Willow Fork Drainage District, which levies its own drainage tax. Check the lot on FEMA's map and Fort Bend County Drainage District's floodplain map, and read the seller's flood disclosure. Fort Bend County Tax Office: Willow Fork Drainage District FEMA Flood Map Service Center Fort Bend County Drainage District: floodplain map
Flood zones are mapped parcel by parcel, and no guide can tell you whether a particular house has flooded or will flood. Ask the seller for the flood disclosure and any elevation certificate, and price flood insurance before your option period ends.
Getting Around from Falcon Ranch
To the Energy Corridor, the Galleria side and downtown: the Westpark Tollway or I-10 (Katy Freeway), which was rebuilt with managed toll lanes. Community Impact: Westpark Tollway and Grand Parkway connectors (2024) FHWA: Katy Freeway project profile
North and south: the Grand Parkway (SH 99) Segment D runs from I-10 to US 59, with direct connectors to the Westpark Tollway that opened in 2024. TxDOT: Grand Parkway Segment D Community Impact: Westpark Tollway and Grand Parkway connectors (2024)
To IAH or Hobby: the Grand Parkway or Beltway 8 to the freeway that fits the trip; check live traffic before you leave. TxDOT: Grand Parkway Segment D
We name routes rather than quote drive times, which change with the hour and the exact address. Straight-line miles to both airports are on the fact sheet below.
Falcon Ranch Questions Buyers Ask
What do HAR's 2025 facts show for Falcon Ranch?
852 single-family homes, a median market value of $418,766, a typical range of $336K to $540K, a median of 2,756 sq ft on an 8,117 sq ft lot and a median year built of 2005.
Sources: HAR.com: Falcon Ranch 2025 Facts Checked Nov. 10, 2026
What taxing districts are on a Falcon Ranch tax bill?
Fort Bend County, its drainage district, Katy ISD, Fort Bend ESD 2, Fort Bend MUD 124 ($0.70 per $100, 2026) and the Willow Fork Drainage District ($0.145, 2026).
Sources: HAR.com: Falcon Ranch 2025 Facts Fort Bend County Tax Office: Fort Bend MUD 124 Fort Bend County Tax Office: Willow Fork Drainage District Checked Nov. 10, 2026
What is the NFBWA charge on a Falcon Ranch water bill?
It is the North Fort Bend Water Authority's charge; MUD 124's welcome letter tells customers the home is inside the authority's boundaries.
Sources: Fort Bend MUD 124: customer welcome and service agreement Checked Nov. 10, 2026
Which school district serves Falcon Ranch?
Katy ISD. Confirm each campus for the exact address with the district; assignments can change.
Sources: Katy ISD: school assignment by address (SARA) Checked Nov. 10, 2026
Keeping It Real with Michael O’Neal
Why Live in Falcon Ranch? The Good, The Bad & The Reality
Want a Katy ISD home near the Westpark Tollway for less than most of the Katy-area master plans? Falcon Ranch fits. The tradeoff is a MUD rate of $0.70 per $100 plus a drainage district.
Neighborhood Reality Check
Why You’ll Love It
- Lower values than nearby plans
- Katy ISD
- Extra patrols
What Might Surprise You
- Higher MUD rate
- Drainage district tax
- Water authority charge
Everyday Convenience
- Nearest H-E-B: Mason Rd H-E-B, 2.0 mi
- ER: Houston Methodist West Hospital, 5.8 mi
- Shopping: Katy Mills, 2.4 mi
- Park: George Bush Park, 6.3 mi
Straight-line miles.
Michael’s Take
Falcon Ranch gets you into Katy ISD near the tollway at a lower price than most master plans around it.
Compare nearby:
Four Reasons People Love Living in Falcon Ranch
- 1Lower values than nearby plans
HAR's 2025 median market value is $418,766.
- 2Katy ISD
Katy ISD's adopted rate is $1.1171 per $100.
- 3Extra patrols
Fort Bend County provides additional law enforcement under an agreement with MUD 124.
Fort Bend County: interlocal agreement with FB MUD 124 (Falcon Ranch), 2023
- 4Pedestrian crossings
MUD 124 funded footbridges and a pedestrian hybrid beacon.
Fort Bend County: MUD 124 footbridge agreement (2014) Fort Bend County: MUD 124 pedestrian hybrid beacon agreement (2019)
Four Things You Should Know Before Moving to Falcon Ranch
- 1Higher MUD rate
MUD 124 adopted $0.70 per $100 for 2026.
- 2Drainage district tax
The Willow Fork Drainage District adds $0.145 per $100.
- 3Water authority charge
Water bills include the North Fort Bend Water Authority's charge.
- 4Homes from around 2005
HAR's median year built is 2005.
Who Might Love Falcon Ranch?
- Buyers who want Katy ISD at a mid-range price
- Buyers commuting on the Westpark Tollway
- Buyers who want a mid-2000s home
Who Might Prefer Somewhere Else?
- If you want bigger lots nearby, compare Grayson Lakes.
- If you want a lower MUD rate, look at Grand Lakes.
Everyday Convenience in Falcon Ranch
- District services MUD 124 handles water and sewer and funded the crossings in the neighborhood. Fort Bend MUD 124: customer welcome and service agreement Fort Bend County: MUD 124 footbridge agreement (2014)
Main routes: the Westpark Tollway, the Grand Parkway's Segment D and I-10. Community Impact: Westpark Tollway and Grand Parkway connectors (2024) TxDOT: Grand Parkway Segment D FHWA: Katy Freeway project profile
| Nearest H-E-B | Mason Rd H-E-B 2.0 mi |
|---|---|
| Nearest H-E-B | Katy Market H-E-B 2.7 mi |
| Pharmacy | In-store pharmacy at Mason Rd H-E-B 2.0 mi |
| Hospital with an ER | Houston Methodist West Hospital 5.8 mi |
| Major shopping | Katy Mills 2.4 mi |
| Parks and nature | George Bush Park 6.3 mi |
| Airport | George Bush Intercontinental Airport (IAH) 31 mi |
| Airport | William P. Hobby Airport (HOU) 31 mi |
Distances are straight-line from the approximate center of Falcon Ranch, not driving distance or time; your street and route change the real trip. Each place links to its official site; a list is not a recommendation.
The Real Estate Reality
| Median market value | $418,766 | HAR 2025 facts (Falcon Ranch) |
|---|---|---|
| Value range | $336K - $540K | HAR 2025 facts (Falcon Ranch) |
| Median home size | 2,756 sq ft | HAR 2025 facts (Falcon Ranch) |
| Median lot | 8,117 sq ft | HAR 2025 facts (Falcon Ranch) |
| Median year built | 2005 | HAR 2025 facts (Falcon Ranch) |
| Single-family homes | 852 | HAR 2025 facts (Falcon Ranch) |
| Tax rate: Fort Bend MUD 124 | $0.7000 per $100 (2026) | official rate; not a tax bill |
| Tax rate: Willow Fork Drainage District | $0.1450 per $100 (2026) | official rate; not a tax bill |
| Tax rate: Katy ISD | $1.1171 per $100 (2026) | official rate; not a tax bill |
Median closed sale price, recent closed sales, price per square foot, days on market and inventory for Falcon Ranch come from the MLS, and HAR’s public pages do not publish them by neighborhood, so we do not show them here. Ask for a current MLS report for the streets you are considering. Full sources are on the Falcon Ranch Fact Sheet.
Michael’s Take Broker opinion, based on the sourced facts above
My take: Falcon Ranch gets you into Katy ISD near the tollway at a lower price than most master plans around it. I would run the full tax bill first, since MUD 124 and the drainage district add almost $0.85 per $100, then check the flood zone for the lot.
Falcon Ranch vs. Nearby Neighborhoods
Falcon Ranch vs. Grand Lakes
Choose Grand Lakes and you gain: Lakes and a lower MUD rate in some phases.
You give up: Falcon Ranch's lower HAR median value.
Falcon Ranch vs. Cinco Ranch
Choose Cinco Ranch and you gain: A larger master plan with more amenities and retail.
You give up: Falcon Ranch's lower price point.
Questions buyers ask about Falcon Ranch
Is Falcon Ranch a good place to live?
It suits buyers who want Katy ISD near the Westpark Tollway at a mid-range price, with a 2025 HAR median value of $418,766. Compare the full tax bill, including MUD 124 and Willow Fork Drainage, before you buy.
Sources: HAR.com: Falcon Ranch 2025 Facts Fort Bend County Tax Office: Katy ISD Fort Bend County: interlocal agreement with FB MUD 124 (Falcon Ranch), 2023 Checked Nov 10, 2026
What are the downsides of living in Falcon Ranch?
MUD 124's $0.70 per $100 rate plus the Willow Fork Drainage District tax raise the total bill, water bills carry the NFBWA charge, and the association's assessment is not published online.
Sources: HAR.com: Falcon Ranch 2025 Facts Fort Bend County Tax Office: Katy ISD Fort Bend County: interlocal agreement with FB MUD 124 (Falcon Ranch), 2023 Checked Nov 10, 2026
Researched and checked Nov 10, 2026. Facts link to their sources; Michael’s take is his opinion.
Every neighborhood has its advantages and tradeoffs. Before you buy, let’s talk about what actually matters to you.
Michael O’Neal
Broker | REALTOR® · The Michael O’Neal Group
Keller Williams Realty Northeast
Call or text: 832-797-3780 · themichaelonealgroup.com
Neighborhood fact sheet
Falcon Ranch Fact Sheet
The key facts on one sheet. Every figure links to its source, and each card shows the date it was last checked (sheet updated Nov 10, 2026).
Check the address. Property taxes, flood zone, HOA dues and school assignments are set for each address and can differ between homes in the same neighborhood. Before relying on anything on this sheet, look the address up in the official tools linked here.
Homes
| HAR neighborhood | Single-family homes | Median size | Median year built | Median market value |
|---|---|---|---|---|
| Falcon Ranch | 852 | 2,756 sq ft | 2005 | $418,766 |
HAR.com 2025 neighborhood facts (market value is the appraisal district’s figure, not a sale price). A neighborhood median is not the value of any one home. Full market snapshot.
Checked Nov 10, 2026
Property taxes
| Taxing unit | Adopted rate | Year | Source |
|---|---|---|---|
| Fort Bend MUD 124 | $0.7000 per $100 | 2026 | Source |
| Willow Fork Drainage District | $0.1450 per $100 | 2026 | Source |
| Katy ISD | $1.1171 per $100 | 2026 | Source |
| Fort Bend ESD 2 | $0.096778 per $100 | 2026 | Source |
| Fort Bend County | $0.4070 per $100 | 2026 | Source |
| Fort Bend County Drainage District | $0.0100 per $100 | 2026 | Source |
Official rates we could confirm, per $100 of taxable value. A tax bill also depends on which units cover the address, its appraised value and its exemptions. All tax details on this page.
- Fort Bend Central Appraisal District property search
- Fort Bend County Tax Assessor-Collector
- True Cost of Homeownership calculator
Checked Nov 10, 2026
HOA dues
Associations and deed restrictions differ by subdivision here. Ask the seller for the resale certificate and the recorded restrictions for the specific address.
Schools
- Katy ISD SARA school assignment by address
School assignments and attendance boundaries can change. Confirm the assigned schools directly with the district before making a housing decision. School notes on this page.
Flood research
Flood zones are mapped parcel by parcel, and no guide can tell you whether a particular house has flooded or will flood. Ask the seller for the flood disclosure and any elevation certificate. Flood notes on this page.
Nearby essentials
Hospitals with an emergency room
Shopping
- Katy Mills 2.4 mi
- Town & Country Village 13 mi
- CITYCENTRE 14 mi
Parks and nature
- George Bush Park 6.3 mi
- Terry Hershey Park 10.0 mi
Straight-line distance from the approximate center of Falcon Ranch, not driving distance or time. Each name links to its official site. A list is not a recommendation or a ranking.
See Falcon Ranch on the area map
Checked Oct 28, 2026
Thinking About Buying or Selling in Falcon Ranch?
Every neighborhood has its advantages and tradeoffs. Let me help you understand the market, the costs and what to look for before making a decision.
Michael O’Neal
Broker | REALTOR® · The Michael O’Neal Group
Keller Williams Realty Northeast
Call or text: 832-797-3780 Text Michael
Personal help
Questions about Falcon Ranch?
Everything on this page is free to read. When you want help with a specific home, a shortlist or your own home’s value, tell us what you need.
832-797-3780
Researched and checked Nov. 10, 2026. Every fact links to its source. Related: Katy · All Houston communities · Area map
Sources for the sections above
- HAR.com Falcon Ranch, 2025 Facts
- Katy ISD
- Fort Bend County: interlocal agreement with FB MUD 124 (Falcon Ranch), 2023
- Fort Bend County: MUD 124 footbridge agreement (2014)
- Fort Bend County: MUD 124 pedestrian hybrid beacon agreement (2019)
- Fort Bend MUD 124: customer welcome and service agreement
- Community Impact: Westpark Tollway and Grand Parkway connectors (2024)
- TxDOT: Grand Parkway Segment D
- HAR.com, Katy - Southwest market area price trends (read Nov. 6, 2026)
- HAR.com, Katy - Southeast market area price trends (read Nov. 6, 2026)
- HAR.com monthly MLS report
- Official tax rate source
- Official tax rate source
- Fort Bend County Tax Office: Fort Bend MUD 124
- Fort Bend County Tax Office: Willow Fork Drainage District
Community facts: city, district and association records, the Fort Bend County appraisal district and tax office, HAR.com and each place’s official page (records checked Oct. 21-Nov. 3, 2026). Market areas: HAR.com (read Nov. 8, 2026). Map © OpenStreetMap contributors, tiles OpenFreeMap; imagery USGS The National Map.