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1333 Falcon Drive

Dallas, TX 75051

Listing courtesy of Tammy Carlson, Keller Williams Realty-FM

$635,000
Active
Beds
10
Baths
7
Sqft
3,723
Year Built
2008

About this home

One of a kind opportunity to own this home with unlimited potential for extra income as an Airbnb-VRBO, Multi-Generational Family use or Guest quarters. This beautifully updated home sits on an oversized double lot, featuring a 3 bedroom main home plus FOUR additional tenant or guest units all on the same property. Currently operating as a successful short-term rental with two units already leased -one through March and another through October- for immediate income potential. Three units are attached and one is a stand alone guest home. *PROPERTY HIGHLIGHTS* Main residence plus 4 extra tenant or guest units on one large lot, ideal for multi-generational living, house hacking, or investor seeking multiple income streams. Spacious double lot with generous yard space and mature surroundings, offering room to relax, garden, or further enhance outdoor amenities. Gated rear access with extra parking in the back, perfect for multiple vehicles, guests, or short-term rental turnover days. Dedicated storage unit equipped with a full washer and dryer for guest or tenant use, adding convenience. What to expect-Main home has 3 bedrooms, a game room, dining, living room. Guest house has a loft bedroom with living room and kitchen. Upstairs guest has two bedrooms and full bathroom *one room used to have a kitchen so can easily be added back* Downstairs attached is a two bedroom with living room and kitchen. Smaller unit is a studio with bedroom, living room combo with kitchen. Information is deemed reliable but it's up to the buyer and buyer’s agent to verify all zoning, STR restrictions, permitting, and tenant lease details. Showings require advance notice to respect current occupants and guests.

Schools

Elementary
Hobbs Williams
Middle
Arnold
High
Grand Prairie

School assignments per NTREIS. Confirm current attendance zones with the district before relying on them.

Property details

MLS #
21194123
Property Type
Residential
Status
Active
County
Dallas
Subdivision
Skyline Add Ph 1
Lot Size
15,507.36 sqft
Garage
2-car
HOA Dues
None
Annual Taxes
$11,478
Days on Market
39 days
Listed
Mar 2, 2026
Price per Sqft
$171

Estimate your monthly payment

Estimate only, not a loan offer. Taxes, insurance, and HOA are approximate.

$4,521/mo
Principal & interest
$3,380
Property taxes
$957
Homeowner's insurance (est.)
$185

Based on a 30-year fixed loan. Talk to a lender for an accurate quote.

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IDX information is provided 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. Information is deemed reliable but not guaranteed accurate by the MLS.

Listing data via NTREIS · Data refreshed Mar 2, 2026