5516 Forest Lane, Dallas, Texas
$719,000
LOADING ..
Rare opportunity to secure over one-third of an acre in the prestigious Inwood Road Estates neighborhood—an ideal setting to create your custom dream home. The primary value is in the land. The current residence is leased month-to-month, offering immediate income potential or flexibility for redevelopment.
School District: Dallas ISD
Dallas MLS #: 21177249
Representing the Seller: Listing Agent Sue Mardock; Listing Office: Ready Real Estate LLC
Representing the Buyer: Contact realtor Douglas Newby of Douglas Newby & Associates if you would like to see this property. Call: 214.522.1000 — Text: 214.505.9999
Property Overview
- Listing Price: $719,000
- MLS ID: 21177249
- Status: For Sale
- Days on Market: 5
- Updated: 2/18/2026
- Previous Status: For Sale
- MLS Start Date: 2/12/2026
Property History
- Current Listing: $719,000
Interior
- Number of Rooms: 3
- Full Baths: 2
- Half Baths: 0
- Interior Features:
Cable TV Available
Parking
- Parking Features:
Concrete
Drive Through
Location
- County: Dallas
- Directions: GPS works best
Community
- Home Owners Association: None
School Information
- School District: Dallas ISD
- Elementary School: Pershing
- Middle School: Benjamin Franklin
- High School: Hillcrest
Heating & Cooling
Utilities
- Utility Description:
City Water
Lot Features
- Lot Size (Acres): 0.35
- Lot Size (Sqft.): 15,420.24
Financial Considerations
- Price per Sqft.: $376
- Price per Acre: $2,031,073
- For Sale/Rent/Lease: For Sale
Disclosures & Reports
- Legal Description: INWOOD ROAD ESTATES NO2- 6TH INST BLK 1/6383
- APN: 00000577138000000
- Block: 1/638
If You Have Been Referred or Would Like to Make an Introduction, Please Contact Me and I Will Reply Personally
Douglas Newby represents clients with Dallas estate homes, architect designed homes and modern homes. Call: 214.522.1000 — Text: 214.505.9999
Listing provided courtesy of North Texas Real Estate Information Systems (NTREIS)
We do not independently verify the currency, completeness, accuracy or authenticity of the data contained herein. The data may be subject to transcription and transmission errors. Accordingly, the data is provided on an ‘as is, as available’ basis only.