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$205,000

  • For Sale
  • Active
  • Duplex
  • 3 Beds
  • 2 Full Baths
  • 0.182 Acres
  • 2 Car Garage
  • Updated 1 day ago
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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

Full Property Details for 507 Southlake Dr

General

  • Price: $205,000
  • Taxes: $4,565
  • Status: Active
  • Type: Duplex
  • Source: NTREIS
  • MLS ID: 21137359
  • Updated: 1/16/2026
  • Added to Site: 23 day(s) ago

Interior

  • Interior Features: High Speed Internet, Cable TV, Walk-In Closet(s)
  • Fireplace(s): None
  • Appliances: Dishwasher, Electric Range
  • Flooring: Ceramic Tile, Laminate

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Additional Information

  • Security/Safety: Fire Alarm

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Parking Features: Driveway

Location

  • County: Kaufman
  • Subdivision: South Lake 1
  • Driving Directions: I-80, North on Pinion, Left on Southlake, home on left

School Information

  • Elem School District: Forney ISD
  • Midd School District: Forney ISD
  • High School District: Forney ISD
  • Elementary School: Criswell
  • Middle School: Warren
  • High School: Forney

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Cable Available: Yes
  • Utility Description: Electricity Connected, Sewer Available, Separate Meters, Water Available, Cable Available

Structural Information

  • Architectural Style: Ranch
  • Structure Type: Duplex
  • Detached/Attached: Attached
  • Construction: Brick
  • Roof: Composition
  • Windows: Window Coverings
  • Stories/Levels: 1
  • Living Area: 1,190 Sq. Ft.
  • Year Built: 1973

Lot Features

  • Lot Size (Acres): 0.182
  • Lot Size (Sq. Ft.): 7,927.92
  • Fencing (Description): Chain Link

Financial Considerations

  • For Sale/Rent/Lease: For Sale
  • Tax Amount: $4,565
  • Terms: Cash, Conventional, FHA

Disclosures and Reports

  • Legal Description: SOUTH LAKE EST #1 BLOCK C LOT 13
  • Property ID: 36852
  • Block: C
  • Lot Number: 13

Listed by Texas Property Brokers, LLC, Sarah Renwick

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Listing agent

— 507 Southlake Dr —

  • Sarah Renwick

    Texas Property Brokers, LLC

817-717-1816

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 507 Southlake Dr

School District:Forney Independent School District
NameGradesDistance
Kathryn Wolfe Criswell Elementary School
401 Farm to Market Road 740, Forney, TX 75126
K-40.8 mi
Warren Middle School
811 South Bois D Arc Street, Forney, TX 75126
7-82 mi
Forney High School
1800 Fm 741 S, Forney, TX 75126
9-122.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 507 Southlake Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/03/2026
Price Reduced
$205,000
-2.38%
MLS
12/25/2025
Listed
$210,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 507 Southlake Dr

Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,636
-8%
$215,000
-2%
2023
$5,035
—
$220,000
-10%
2023
$5,035
5%
$243,583
12%
2022
$4,814
19%
$218,265
25%
2021
$4,062
4%
$174,007
8%
2020
$3,904
34%
$161,430
52%
2018
$2,912
1%
$105,890
1%
2017
$2,878
-1%
$104,658
—
2016
$2,909
62%
$104,658
64%
2015
$1,801
-55%
$64,000
-59%
2019
$4,021
110%
$155,430
135%
2013
$1,911
—
$66,060
-2%
2013
$1,911
—
$67,170
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Texas Property Brokers, LLC, Sarah Renwick

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507 Southlake Drive, Forney, TX 75126 (MLS# 21137359) is a Duplex property with 3 bedrooms and 2 full bathrooms. 507 Southlake Drive is currently listed for $205,000 and was received on December 25, 2025. Want to learn more about 507 Southlake Drive? Do you have questions about finding other Duplex real estate for sale in Forney? You can browse all Forney real estate or contact a Coldwell Banker agent to request more information.

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