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Sold
    • Price Unknown

    507 Southlake Dr, Forney, TX 75126

    3beds
    1,190sqft
    Duplex, Single Family Residence
    Built in 1973
    7,927 Square Feet Lot
    $183,200 Zestimate®
    $--/sqft
    $1,826 Estimated rent

    Home value

    $183,200

    $169,000 - $198,000

    $1,826/mo

    Zestimate® history
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    What's special

    Thoughtfully designed layout
    Owner will do Seller Financing with $16,000 down at 8%. Other terms are negotiable. Welcome home to this simple 3-bedroom, 2-bath residence offering comfort, convenience, and exceptional value. Move-in ready, this home is an ideal opportunity for first-time buyers, investors or anyone looking to settle into a neighborhood on the rise. The thoughtfully designed layout includes a private primary suite with an ensuite bath, providing a comfortable retreat at the end of the day. Secondary bedrooms offer flexibility for family, guests, or a home office. Located in a walkable area near Montessori and elementary schools, this home sits in a community benefiting from ongoing city infrastructure investment—making it a smart choice for both lifestyle and long-term potential. Enjoy close proximity to Lake Ray Hubbard, shopping, dining, and an easy commute to Dallas proper. Affordable, practical, and well positioned. Rental income estimated $2,000

    Zillow last checked:

    Listing updated:

    Listed by:

    Sarah Renwick 0643621 817-717-1816,

    Texas Property Brokers, LLC 817-717-1816

    Bought with:

    Tanya McQueen

    Better Homes & Gardens, Winans

    Source: NTREIS,MLS#: 21137359

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Features: En Suite Bathroom, Walk-In Closet(s)
    • Level: First
    • Dimensions: 12 x 11
    Bedroom
    • Level: First
    • Dimensions: 10 x 10
    Bedroom
    • Level: First
    • Dimensions: 10 x 10
    Kitchen
    • Level: First
    • Dimensions: 10 x 10
    Living room
    • Level: First
    • Dimensions: 16 x 14
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Electric Range
    Features
    • High Speed Internet, Cable TV, Walk-In Closet(s)
    • Flooring: Ceramic Tile, Laminate
    • Windows: Window Coverings
    • Has basement: No
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total interior livable area: 1,190 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Pool features: None
    • Fencing: Chain Link
    Lot
    • Size: 7,927 Square Feet
    Details
    • Parcel number: 36852

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Duplex, Single Family Residence
    • Attached to another structure: Yes
    Materials
    • Brick
    • Foundation: Slab
    • Roof: Composition
    Condition
    • Year built: 1973

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Sewer Available, Separate Meters, Water Available, Cable Available

    Community & HOA

    Community
    • Security: Fire Alarm
    • Subdivision: South Lake 1
    HOA
    • Has HOA: No
    Location
    • Region: Forney

    Financial & listing details

    • Tax assessed value: $215,000
    • Annual tax amount: $4,565
    • Date on market: 12/25/2025
    • Cumulative days on market: 73 days
    • Listing terms: Cash,Conventional,Owner Will Carry,Other
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    3/30/2026Sold--
    Source: NTREIS #21137359 Report a problem
    3/6/2026Pending sale$199,000$167/sqft
    Source: NTREIS #21137359 Report a problem
    2/25/2026Price change$199,000-2.9%$167/sqft
    Source: NTREIS #21137359 Report a problem
    1/3/2026Price change$205,000-2.4%$172/sqft
    Source: NTREIS #21137359 Report a problem
    12/25/2025Listed for sale$210,000+23233.3%$176/sqft
    Source: NTREIS #21137359 Report a problem
    6/24/2024Listing removed--
    Source: Zillow Rentals Report a problem
    6/11/2024Listed for rent$2,050-8.9%$2/sqft
    Source: Zillow Rentals Report a problem
    6/11/2024Listing removed--
    Source: Zillow Rentals Report a problem
    5/13/2024Price change$2,250-4.3%$2/sqft
    Source: Zillow Rentals Report a problem
    5/10/2024Listed for rent$2,350+118.6%$2/sqft
    Source: Zillow Rentals Report a problem
    1/9/2015Listing removed$1,075$1/sqft
    Source: CENTURY 21 Alicia Trevino Realtors #13039457 Report a problem
    11/5/2014Price change$1,075-10.4%$1/sqft
    Source: Century 21 Alicia Trevino, Rea #13039457 Report a problem
    10/20/2014Listed for rent$1,200$1/sqft
    Source: Century 21 Alicia Trevino, Rea #13039457 Report a problem
    9/30/2010Listing removed$900$1/sqft
    Source: Superlative, Inc. #11436317 Report a problem
    7/11/2010Listed for sale$900-98.2%$1/sqft
    Source: Superlative, Inc. #11436317 Report a problem
    6/30/2009Listing removed$49,900$42/sqft
    Source: R.A.S. Realty Report a problem
    6/22/2009Listed for sale$49,900$42/sqft
    Source: R.A.S. Realty Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,565 -1.5%$215,000 -2.3%
    2024$4,636 -7.9%$220,000 -9.7%
    2023$5,035 +4.6%$243,583 +11.6%
    2022$4,814 +18.5%$218,265 +25.4%
    2021$4,062 +4%$174,007 +7.8%
    2020$3,904 $161,430 +3.9%
    2019-- $155,430 +46.8%
    2018$2,878 $105,890 +1.2%
    2017$2,878 -1.1%$104,658
    2016$2,909 +55.1%$104,658 +63.5%
    2015$1,876 $64,000 -3.1%
    2014$1,876 $66,060 -1.7%
    2013-- $67,170 -5.4%
    2012-- $71,040 -2.3%
    2011-- $72,740 -1.2%
    2010-- $73,590 -2.2%
    2009-- $75,280 -0.7%
    2008-- $75,780 -7.8%
    2007-- $82,230 +0.9%
    2006-- $81,500 -9.6%
    2005-- $90,120 +4.1%
    2004-- $86,550 +5.9%
    2003-- $81,730
    2002-- --
    2001-- $59,470
    2000-- $59,470
    Find assessor info on the county website

    Neighborhood: Southlake

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Criswell
    • Middle: Warren
    • High: Forney
    • District: Forney ISD

    Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $183,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $183,200

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