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$532,000

NAL Estimated Property Value

2224 Hobby Falcon Trl, Grand Prairie, TX, 75052

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,951 Sq Ft
price_per_sqft$89.85 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Convection Oven, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size8,168 sqft

Building Information

Year Built2009
Stories2
Garage Spaces2

Land Information

APN17993-2-7
Lot Number7
SubdivisionHigh Hawk At Martin's Meadow
Land UseResidential
Legal DescriptionHIGH HAWK AT MARTIN'S MEADOW BLOCK 2 LOT 7
Census Tract111555
Assessed Land Value$73,530
Assessed Improvement Value$362,010
Assessment Year2025

About this property

Amazing Grand home featuring soaring ceilings, extensive hardwood floors, over size tile, designer paint, granite counter tops in kitchen, island, breakfast bar, custom ash hand stained 42 inch cabinets, decorative lighting, spacious master suite with sitting area, massive mater bathroom, split bedrooms and tons of living space! Game room, Media room, study, computer loft for kids upstairs, nice size backyard with flagstone walk way to cedar arbor perfect for a fire pit or grill area. Neighborhood features; baseball field, covered pavilion, pond and jogging path. Located off 161 and I20 only 15 minutes to Downtown Fort Worth or Downtown Dallas and only 10 minutes to DFW airport.

Investor Tools

Property Icon
$532,000
Estimated Property Value
$318,654Estimated Mortgage Balance
$213,346Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,192 /month
Positive
Cash Flow Estimate:
$1,064 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$651/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,147
$435,540
2025
$73,530
$362,010
$435,540
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,147
$435,540

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$330,000
No
First
Jun 27, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$318,654
$213,346
40%
60%
$1,979/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,720/mo
$2,329/mo
+$391/mo
6.1%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Grand Prairie

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