$635,000
 $3,605 est/mo Sourced by Back At You

1333 Falcon Drive,Dallas, TX 75051

Dallas, TX 75051

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Description

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.

Details

MLS #21194123
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year2008
Days On Site193
Listing Provided ByKeller Williams Realty-FM | Tammy Carlson

Features

Bed(s)10
Bath(s) 7 Total
SQ Feet3,723
Garage2
Story(s)2
Acreage0.36

Interior

Room Count7
Interior FeaturesCable TV Available, Decorative Lighting, High Speed Internet Available, Kitchen Island, Loft, Pantry
AppliancesDishwasher, Disposal, Dryer

Exterior

Exterior FeaturesCovered Patio/Porch

Parking

Garage Yn1
Attached Garage Yn1
Parking FeaturesAdditional Parking, Garage Double Door, On Site, On Street

Utilities

UtilitiesCity Sewer, City Water

Taxes

Unexempt Taxes11478
Tax Lot9
Tax Block475
Tax Legal DescriptionSKYLINE PH 1 COMM UNIT DEV BLK 475A/6113 LT 9

Area Information

StateTX
CountyDallas
CityDallas
Zip Code75051
AreaDallas
Community NameSkyline Add Ph 1
School DistrictGrand Prairie ISD
Elementary SchoolHobbs Williams
High SchoolGrand Prairie
Listing VS Median (in Skyline Add Ph 1)
Price:
$635,000
low | high
Med:
$635,000
50% of Average
sqft:
3,723
low | high
Med:
3,723
50% of Average
$ / sqft:
$171
low | high
Med:
$171
50% of Average
On site:
193
low | high
Med:
193
100% of Average
Sourced by Back At You

Market Activity 75051

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All information provided by the seller and is deemed to be correct, but is not guaranteed. Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. You may not reproduce or redistribute this data—it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS.

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Learn More About This Property

StateTX
CountyDallas
CityDallas
Zip Code75051
AreaDallas
Community NameSkyline Add Ph 1
School DistrictGrand Prairie ISD
Elementary SchoolHobbs Williams
High SchoolGrand Prairie
Listing VS Median (in Skyline Add Ph 1)
Price:
$635,000
low | high
Med:
$635,000
50% of Average
sqft:
3,723
low | high
Med:
3,723
50% of Average
$ / sqft:
$171
low | high
Med:
$171
50% of Average
On site:
193
low | high
Med:
193
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $476K - $793K
sqft: 2,500 - 4,500
Nearby Listings Property ImageNearby Listings Details
1329 Falcon Drive Property Photo 1
$329,900
1329 Falcon Drive
Dallas, TX 75051
Listing Updated: July 15, 2026 at 12:30:13 PM PDT