19
Map
$305,000
↓ $15K (4.7%)
●
House -
In Contract
4857 Fallon Place
Dallas, TX 75227
3 Beds
2 Baths
1,862 Ft²
$1,498
Est. Monthly
About This Property
Welcome to 4857 Fallon Place, a charming and move-in-ready home
tucked inside a quiet, established Dallas neighborhood. This
inviting residence offers a bright and open layout with great
natural light, making it easy to feel right at home the moment you
step inside. The spacious living area flows seamlessly into
the dining space, creating a comfortable setting for daily living
and entertaining. The kitchen offers plenty of countertop space and
cabinetry, giving you all the room you need to cook, prep, and
gather. All bedrooms are well-sized with good closet space,
and the primary suite includes its own private bath. The additional
rooms work perfectly for family, guests, a home office, or a hobby
room. Step outside and enjoy a backyard that's already ahead
of the game-several garden beds are planted and producing, giving
you your own little oasis for fresh herbs, veggies, and outdoor
enjoyment. The fenced yard provides great space for pets, play, or
future improvements like a patio or fire pit. With easy access to
major highways, Downtown Dallas, shopping, dining, and everyday
essentials, this home offers both convenience and comfort. Whether
you're a first-time buyer, downsizing, or looking for a smart
investment opportunity, this property delivers value and potential
in one well-kept package.
Unit Size
1,862 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$164
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1969
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 months ago (NTREIS #21120761)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 8, 2026 | Price Decreased |
$305,000
↓ $15K
(4.7%) | |
| Price Decreased | |||
| Jun 29, 2026 | In contract | - | |
| In contract | |||
| Jun 7, 2026 | Relisted | $320,000 | |
| Relisted | |||
| Apr 24, 2026 | In contract | - | |
| In contract | |||
| Feb 14, 2026 | Price Decreased |
$325,000
↓ $5K
(1.5%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Alley Access, Garage, Garage Door Opener, Garage Faces Rear, Kitchen Level, Oversized, Garage Single Door
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Eat-in Kitchen, Open Floorplan, Walk-In Closet(s), Built-in Wine Cooler, Cable TV Available, Flat Screen Wiring, High Speed Internet Available
Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Ice Maker, Refrigerator
Flooring Type: Ceramic Tile, Luxury Vinyl Plank
Has Fireplace
Fireplace Features: Wood Burning, Brick
Fireplaces: 1
Exterior Details
Square Footage: 1862
Security Features: Smoke Detector(s)
Architectural Style: Ranch, Traditional
Year Built: 1969
Levels: One
Construction Materials: Brick
Lot Features: Few Trees, Interior Lot, Landscaped
Lot Size Area: 0.194
Lot Size Units: Acres
Lot Size Acres: 0.194
Lot Size Square Feet: 8450.64
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air, Electric
Heating Type: Central, Electric
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Southeast Dallas
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Listed by: Dawn Lawrence, eXp Realty LLC
Last Updated: 3 months ago
Data Source: NTREIS MLS, MLS# 21120761
Details provided by NTREIS and may not match the public record
Last Updated: 3 months ago
Data Source: NTREIS MLS, MLS# 21120761
Details provided by NTREIS and may not match the public record
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