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Konda Real EstateYour Trusted DFW Realtor
(469) 854-1352realtorkonda@gmail.comrealtorkonda.com
5516 Forest Lane
DALLAS, TX 75230 · Inwood Road Estates
$745,000
ActiveMLS# 21177249
3Beds
2Baths
1,912Sq Ft
$390/ Sq Ft
1956Year Built
2Garage
1Story
0.35Acres
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.
Room Details
| Room | Level | Size |
|---|---|---|
| Living Room | Main | 20 x 10 |
| Primary Bedroom | Main | 15 x 13 |
Property Details
| Type | Single Family Residence |
| County | Dallas |
| Lot | 0.354 ac (15,420.24 sqft) |
| Annual Tax | $14,574 |
| Days on Market | 172 |
Schools
| District | Dallas ISD |
| Elementary | Pershing |
| Middle | Benjamin Franklin |
| High School | Hillcrest |
Est. Monthly Payment (20% down, 30yr)
| P&I (6.875%) | $3,915 |
| Est. Tax | $1,215 |
| Est. Total | $5,130/mo |
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(469) 854-1352
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● ActiveSingle Family ResidencePrice Change · Jul 17
$745,000
5516 Forest Lane
DALLAS, TX 75230 · Inwood Road Estates
3bd
2ba
1,912sqft
Built 1956
2garage
0.35acres
1story
172 days on market$390/sqftMLS# 21177249
About This Property
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.
Property Details
Property Type
Residential
Sub Type
Single Family Residence
Status
Active
Bedrooms
3
Full Baths
2
Living Area
1,912 sqft
Lot Size
15,420.24 sqft
Lot (acres)
0.354
Garage
2 spaces
Stories
1
Year Built
1956
Community
Inwood Road EstatesTax & Appraisal
Rooms
| Room | Level | Size |
|---|---|---|
| Living Room | Main | 20 x 10 |
| Primary Bedroom | Main | 15 x 13 |
Interior Features
CableTv
School Information
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Financial
Annual Tax
$14,574
Listing Information
Mortgage Calculator
Total Principal
$596,000
Total Interest
$813,506
Total Loan Payment
$1,409,506
Payoff Date
August 2056
$
$
%
%
Est. Payment
$5,440
/month
Principal & Interest$3,915
Property Tax
$
HOA Fees
$
Home Insurance
$
Total$5,440/mo
Estimated only. Does not guarantee loan approval. Contact a licensed lender for accurate rates and terms. Rates change daily.
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View Online
https://realtorkonda.com/property/dallas-tx/inwood-road-estates/5516-forest-lane-75230
Contact: (469) 854-1352 · realtorkonda@gmail.com
Listed by Sue Mardock · Ready Real Estate LLC · 817-569-8200
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. © 2026 NTREIS. All rights reserved. Last updated Jul 17, 2026.
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Listing Agent
Sue Mardock
Ready Real Estate LLC
