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1333 Falcon Dr, Grand Prairie, TX, 75051

10beds
7baths
3,723sqft
$635,000
$171price/sqft
$4,897/moest. monthly cost
$195,880/yrincome needed

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.

Getting Around

40
WalkingCar-Dependent
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 2008

Type & Style

  • Home type: SingleFamily
  • Architectural style: Detached
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Disposal
  • Laundry features: Common Area,Laundry in Utility Room

Bedroom

  • Level: Second
  • Dimensions: 0 x 0

Bedroom

  • Level: Third
  • Dimensions: 0 x 0

Bedrooms & Bathrooms

  • Bedrooms: 10
  • Bathrooms: 7
  • Full bathrooms: 6
  • 1/2 bathrooms: 1

Bonus Room

  • Level: Second
  • Dimensions: 0 x 0

Dining Room

  • Level: First
  • Dimensions: 0 x 0

Features

  • Decorative/Designer Lighting Fixtures,High Speed Internet,Kitchen Island,Loft,Pantry,Cable TV

Interior Area

  • Total interior livable area: 3,723 sqft

Kitchen

  • Features: Pantry
  • Level: First
  • Dimensions: 0 x 0

Living Room

  • Features: Ceiling Fan(s)
  • Level: First
  • Dimensions: 0 x 0

Master Bedroom

  • Level: Second
  • Dimensions: 0 x 0

Property

Details

  • Parcel number: 006113475A0090000
  • Attached to another structure: Yes

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Covered
  • Fencing: Back Yard,Gate,High Fence,Wood

Lot

  • Lot size: 0.36 Acres
  • Lot size dimensions: 115520

Parking

  • Total spaces: 2
  • Parking features: Additional Parking,Door-Multi,On Site,On Street
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes