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…
| Room | Level | Size |
|---|---|---|
| Living Room | Main | 0 x 0 |
| Kitchen | Main | 0 x 0 |
| Dining Room | Main | 0 x 0 |
| Bonus Room | Upper | 0 x 0 |
| Bedroom | Third | 0 x 0 |
| Bedroom | Upper | 0 x 0 |
| Primary Bedroom | Upper | 0 x 0 |
| Type | Single Family Residence |
| County | Dallas |
| Lot | 0.356 ac (15,507.36 sqft) |
| Annual Tax | $11,478 |
| Days on Market | 39 |
| District | Grand Prairie ISD |
| Elementary | Hobbs Williams |
| Middle | Arnold |
| High School | Grand Prairie |
| P&I (6.875%) | $3,337 |
| Est. Tax | $957 |
| Est. Total | $4,294/mo |
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.
Property Type
Residential
Sub Type
Single Family Residence
Status
Active
Bedrooms
10
$171/sqft
Full Baths
6
Half Baths
1
Living Area
3,723 sqft
Lot Size
15,507.36 sqft
Lot (acres)
0.356
Lot Dimensions
115520
Garage
2 spaces
Stories
2
Year Built
2008
Community
Skyline Add| Room | Level | Size |
|---|---|---|
| Living RoomCeiling Fans | Main | 0 x 0 |
| KitchenPantry | Main | 0 x 0 |
| Dining Room | Main | 0 x 0 |
| Bonus Room | Upper | 0 x 0 |
| Bedroom | 3rd | 0 x 0 |
| Bedroom | Upper | 0 x 0 |
| Primary Bedroom | Upper | 0 x 0 |
School District
Grand Prairie ISDElementary
Hobbs Williams
Middle / Jr High
Arnold
High School
Grand Prairie
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Annual Tax
$11,478
Total Principal
$508,000
Total Interest
$693,391
Total Loan Payment
$1,201,391
Payoff Date
June 2056
Est. Payment
$4,559
/month
Estimated only. Does not guarantee loan approval. Contact a licensed lender for accurate rates and terms. Rates change daily.
View Online
https://realtorkonda.com/property/grand-prairie-tx/skyline-add-ph-1/1333-falcon-drive-75051
Contact: (469) 854-1352 · realtorkonda@gmail.com
Listed by Tammy Carlson · Keller Williams Realty-FM · 972-874-1905
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 is not guaranteed accurate by the MLS or NTREIS. © 2026 NTREIS. All rights reserved. Last updated Apr 10, 2026.
Listing Agent
Tammy Carlson
Keller Williams Realty-FM