Home for Sale at 1038 Falcon Nest Drive, Kennedale, TX 76060

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1038 Falcon Nest Drive
Kennedale, TX 76060

Terre Coble with Keller Williams Lonestar DFW, original listing - (817) 795-2500

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Property Details

List Price:	$925,000
Beds:	4
Baths:	Full: 3, ½: 1
Status:	Active
SqFt:	4860 Square Feet
Agency:	Keller Williams Lonestar DFW
Agency Phone:	(817) 795-2500

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Description/Comments

Lot Size:	0 acre(s)
Garage:	Garage
Property Type:	Residential-Single Family Residence
Year Built:	2011
Notes:	Welcome to this stunning luxury home in the highly sought-after Falcon Wood Estates, set on a spacious .6-acre lot. As one approaches, the curb appeal is undeniable with fresh landscaping and luscious green grass. Enjoy three generous living areas (two down, one up) with walls of windows overlooking the backyard. The chef’s kitchen boasts a gas cooktop, double ovens, huge island, long breakfast bar for plenty of seating, a butler's pantry attached to the dining room and a wet bar. A media room with sound system and projector makes movie nights unforgettable. On that same wing, a bedroom can be utilized as an in-law suite with a full bath which includes backyard access. A dedicated home office with built-ins is ideal for remote work. The primary suite is spacious and serene, featuring a gorgeous remodeled en-suite bathroom, large walk-in shower and oversized custom walk-in closet. Upstairs, you'll find a generously appointed living area with built-ins and space for a mini kitchen. Two bedrooms connected by a Jack & Jill bath finish off the 2nd floor. The resort-style backyard features a beautiful pool with water feature, built-in hot tub, covered patio with gas fireplace, ample porch space for those wanting to lounge in the sun and a newly installed basketball goal, perfect for entertaining and everyday fun. With updated poured and painted driveway, it leads to the 3 car garage. Extra parking is also available. This exceptional home offers space, comfort, and luxury in one of the area's premier neighborhoods.
MlsNumber:	--
ListingId:	20913390

Listing Provided By:	Keller Williams Lonestar DFW, original listing
Phone:	(817) 905-3933
Office Phone:	(817) 795-2500
Agent Name:	Terre Coble
Disclaimer:	Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest.

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VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale.

This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments.

Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.

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