5516 Forest Lane, Dallas, Texas

$679,000 (Last Listing Price)

0.35 Acres
1,912 Sqft.
3 Bedrooms
3 Bathrooms
Built in 1956
Sold 2 Days Ago

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

For further information on this home and the Dallas real estate market, contact real estate broker Douglas Newby. 214.522.1000

Property Overview

  • Listing Price: $679,000
  • MLS ID: 21177249
  • Status: Sold
  • Days on Market: 271
  • Updated: 11/8/2026
  • Previous Status: For Sale
  • MLS Start Date: 2/12/2026

Property History

  • Current Listing: $679,000
  • Original Listing: $699,000

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.: $355
    • Price per Acre: $1,918,079
    • 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.