1view

$369,000

2724 Falcon Trl, Grand Prairie, TX, 75052

Off Market

4 Beds

2 Bath

2,047 Sq Ft

Single Family Residence

$180.26 / sqft

Built in 2002

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Electric Range, Microwave

FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters

Lot Size7,196 sqft

Building Information

Year Built2002

Stories1

Garage Spaces2

Land Information

APN22742-B-12

Lot Number12

SubdivisionKingswood Forest Addition

Land UseResidential

Legal DescriptionKINGSWOOD FOREST ADDITION BLOCK B LOT 12

Census Tract111554

Assessed Land Value$64,800

Assessed Improvement Value$305,443

Assessment Year2025

About this property

MULTIPLE OFFERS! DEADLINE FOR SUBMISSION IS 5PM MONDAY 4.10.2023. Welcome to your meticulously maintained home in Kingswood Forest! This 4BR property boasts a fresh look with updated roof, 3 pane windows, fresh paint & new carpet! As you step inside, you are greeted by a spacious floorplan that is full of natural light & a spacious room for entertaining. The family rm has a charming fireplace & mantle, the well-equipped kitchen has upgraded SS appls & 42” Oak cabinets. The mstr suite provides a true oasis, with plenty of room to unwind. An ensuite bath features a separate shower & tub, perfect for a soak after a busy day. The other 3BR have large closets, & the 2ND bathroom is adjacent located to these BRs. The front BR could also serve as an office space. The exterior is just as impressive as the interior with brick lined landscaping & gardens. A 4-zone irrig. system makes maintaining the lawn & garden much easier. Located convenient to shopping areas.

Investor Tools

$370,243

Estimated Property Value

$359,100Estimated Mortgage Balance

$30,898Estimated Equity

3% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,221 /month

Positive

Cash Flow Estimate:

$740 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$528/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,488

$370,243

2025

$64,800

$305,443

$370,243

Tax History

Year

Tax Paid

Assessed Value

2024

$4,488

$370,243

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Rocket Mortgage Llc

Conventional

$359,100

First

May 31, 2023

Jun 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$339,345

$30,898

92%

$2,153/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,720/mo

$2,153/mo

+$567/mo

8.8%

Learn About the Market: Opportunity in Texas

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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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