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525 Southlake Dr, Forney, TX, 75126

$250,000

Home List Price

$2,969*

Closing Credit

4 Bedrooms
2 Full Baths
1,236 SqFt
$202/SqFt
House

Location

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525 Southlake Dr, Forney$250,000

Buyer Closing Credits

$2,969*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Garage Faces Front, Garage, Garage Door Opener
Attached Garage2 spaces
Year Built1972
HeatingCentral, Electric
CoolingCentral Air, Electric
FireplaceNone
MLS #20749519
Lot Size0.18 Acres
StatusActive

About 525 Southlake Dr

Owner finance opportunity with 10% down 10% interest five year balloon. Welcome to this charming 4 bed, 2 bath home located in the growing community of Forney. Offering an easy commute to Dallas and a short drive from Lake Ray Hubbard, where you can enjoy boating, fishing, and other outdoor activities, this property offers both convenience and relaxation. The interior has a neutral color palette making it easy to personalize, with stainless steel appliances and an open floor plan seemingly connecting the living and dining area. Ceiling fans are featured throughout the home, providing comfort year-round. Step outside to a spacious, fenced-in backyard where mature shade trees offer a serene setting, perfect for outdoor relaxation or family gatherings. The backyard includes a convenient storage shed for extra space. Best of all, there’s no HOA, giving you the flexibility to make this property truly your own. Whether you're a first-time homebuyer or looking for a growing community with access to both urban and outdoor amenities, this home is a must-see.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch, Detached
  • Year Built: 1972
  • Living Area: 1,236 SqFt

Listing Office:

  • Office Name: Offerpad Brokerage, LLC
  • Office Phone: (844) 448-0749
  • Listing Agent: Jennifer Healy

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range
  • Basement: No
  • Flooring Type: Luxury Vinyl, Luxury VinylPlank
  • Interior: Open Floorplan, Pantry, Walk-In Closet(s)
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Storage

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Driveway, Garage Faces Front, Garage, Garage Door Opener

Virtual/3D Tour

  • Virtual Tour: 525 Southlake Dr
Virtual Tour

Lot Features

Lot Information:

  • Lot: Level, Few Trees
  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: From US 80 going West, take exit towards FM 740 & Pinson Rd. Turn right onto Pinson Rd then left onto Southlake Dr. In approx half of a mile, property is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $250,000
  • Price Per SqFt: $202/SqFt

Tax Information:

  • Annual Amount: $4,090
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Forney, TX.

Med. List Price

$356.2K

Med. Price/SqFt

$167

Avg. Days On Market

105

# of Sold Homes

98

525 Southlake Dr vs Forney

70 DAYS ON ROCKET

-35 Days

$250,000

-$106.2K Less

$202/SqFt

+$35 More

KEY TAKEAWAY

This property is $106.2K less than the Median List Price and $35/SqFt more than other homes in Forney, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20749519

Listing Office:

  • Office Name: Offerpad Brokerage, LLC
  • Office Phone: (844) 448-0749
  • Listing Agent: Jennifer Healy

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 12/18/2024, 6:21:06 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$4,090$177,824
2019$4,285$165,610
2018$2,952$107,340
2017$2,950$107,286

History based on county public records data.

Payment Calculator

$1,315

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$816

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-62872
6
/10
  • Criswell Elementary School

  • 401 Hwy 740 N

  • 0.46 miles

  • Public District Grades KG-4

school-card-donut-62873
4
/10
  • Crosby Elementary School

  • 495 Diamond Creek Dr

  • 1.46 miles

  • Public District Grades KG-4

school-card-donut-62874
5
/10
  • Rhodes Intermediate School

  • 600 S Bois D Arc St

  • 1.50 miles

  • Public District Grades 5-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $87,111. The most common annual income of people living in Forney, TX is between $35k-100k. Typical family type is married, with kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 525 Southlake Dr

What is the listing price of this property?

The listing price of 525 Southlake Dr property is $250,000.

What type of property is this?

The property 525 Southlake Dr is a house located in Forney, Texas, 75126.

Is this property for sale now?

Active Listing: 525 Southlake Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,090 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 525 Southlake Dr has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 525 Southlake Dr is 1,236 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 525 Southlake Dr is 1972.

Rocket HomesTexasKaufman CountyForney75126525 Southlake Dr

This home is located at 525 Southlake Dr in Forney, TX and zip code 75126 in the South Lake Estates neighborhood. This 1,236 square foot home, which was built in 1972, sits on a 0.18 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 09, 2024 and is currently priced at $250,000.

Between October 2024 and November 2024, Forney, TX real estate market has seen decrease in the number of listings by 1.4%. While the average time on the market in November 2024 was 105 days, the median list price was $356,235.

From Rocket Homes Real Estate and based on county public records data.

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