NOT LISTED FOR SALE

505 Southlake Dr Forney, TX 75126

Forney Area

Estimated Value: $228,000 - $231,000

3 Beds
2 Baths
1,560 Sq Ft
$147/Sq Ft Est. Value

Sale Details

Date Sold: March 24, 2026

Current estimated payment $1,661 / mo

150 Days on Market

Highlights

  • Kitchen Island
  • 1-Story Property
  • High Speed Internet

About This Home

As of March 2026

Welcome to this well-maintained home in the sought-after South Lake subdivision of Forney. This inviting property features an open and functional floor plan with a spacious living area, a bright kitchen offering plenty of counter and cabinet space, and comfortable bedrooms designed for everyday living. The primary suite provides a relaxing retreat with its own private bath, while the fenced backyard offers room to unwind or entertain. Conveniently located near U.S. Highway 80, this home offers an easy commute to Dallas while keeping you close to local parks, dining, and shopping. South Lake is part of the highly rated Forney ISD and is known for its welcoming community feel—making it an excellent choice for families and anyone looking for a peaceful place to call home.

Last Agent to Sell the Property

Scott Arnold

D MAX Properties Brokerage Phone: 469-235-7528 License #0506766 Listed on: 10/23/2025

Last Buyer's Agent

Diana Sifuentes

Berkshire Hathaway Home Services A Action REALTORS License #0566631

Berkshire Hathaway Home Services A Action REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,928

Year Built

  • Built in 1981

Lot Details

  • 8,015 Sq Ft Lot

Parking

  • Driveway

Interior Spaces

  • 1,560 Sq Ft Home
  • 1-Story Property

Kitchen

  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Criswell Elementary School
  • Warren Middle School
  • Forney High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • South Lake 1 Subdivision

Listing and Financial Details

  • Legal Lot and Block 14 / C
  • Assessor Parcel Number 36853

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,928

Year Built

Built in 1981

Lot Details

8,015 Sq Ft Lot

Listing Details

  • OWNERNAME: Commercial Acquisitions LLC
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached
  • Unit Levels: One
  • Attribution Contact: 469-235-7528
  • Co List Office Mls Id: DMXP01
  • Structure Type: House
  • HumanModifiedYN: Yes
  • UniversalParcelId: urn:reso:upi:2.0:US:48257:36853
  • Special Features: VirtualTour

Interior Features

  • Square Footage: 1560.0
  • Interior Amenities: High Speed Internet, Kitchen Island, Cable TV
  • Appliances: Dishwasher, Disposal, Refrigerator
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Pool Features: None
  • Waterfront: No

Garage/Parking

  • Parking Features: Driveway
  • GarageYN: No

Utilities

  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available, Cable Available

Schools

  • Elementary School: Criswell
  • High School: Forney
  • Junior High Dist: Forney ISD

Lot Info

  • PropertyAttachedYN: No
  • Lot Size Units: Acres
  • Lot Size Area: 0.184
  • Parcel Number: 36853
  • Lot Size Acres: 0.184
  • Lot Size Sq Ft: 8015.04

Building Info

  • Year Built: 1981

Tax Info

  • TaxBlock: C
  • Tax Lot: 14
  • Tax Annual Amount: 4928.0

MLS Schools

  • MiddleOrJuniorSchool: Warren

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2025
Closed on
Mar 10, 2026
Sold by
Bought by
Seller's Agent
Scott Arnold
D MAX Properties
Buyer's Agent
Diana Sifuentes
Berkshire Hathaway Home Services A Action REALTORS
List Price
$232,500
Views
75
Current Estimated Value
$229,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.49%
Original Mortgage
$225,735
Outstanding Balance
$225,025
Interest Rate
5.75%
Mortgage Type
FHA
Estimated Equity
$4,524

Purchase Details

Listed on
Jan 9, 2022
Closed on
Feb 14, 2022
Sold by
Bought by
Seller's Agent
Eddie Osuna
Compass RE Texas, LLC
Buyer's Agent
Shannon Severson
JPAR Cedar Hill
List Price
$260,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.95%

Purchase Details

Closed on
Sep 27, 2021
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Zillow Closing
-- Law Office Of Kirsten Green
-- Independence Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $225,735
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/24/2026 03/24/26 Sold -- -- --
01/27/2026 01/27/26 Price Changed $229,900 -1.1% $147 / Sq Ft
01/25/2026 01/25/26 For Sale $232,500 0.0% $149 / Sq Ft
01/23/2026 01/23/26 Off Market -- -- --
12/09/2025 12/09/25 Price Changed $232,500 -2.1% $149 / Sq Ft
11/20/2025 11/20/25 Price Changed $237,500 -1.0% $152 / Sq Ft
10/23/2025 10/23/25 For Sale $240,000 -7.7% $154 / Sq Ft
02/14/2022 02/14/22 Sold -- -- -- View Prior Sale
01/17/2022 01/17/22 Pending -- -- --
01/09/2022 01/09/22 For Sale $260,000 -- $167 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,966 $233,858 $58,500 $175,358
2024 $5,587 $265,149 $58,500 $206,649
2023 $4,720 $228,323 $58,500 $169,823
2022 $4,631 $209,965 $58,500 $151,465
2021 $3,763 $155,617 $42,500 $113,117
2020 $3,592 $148,540 $42,500 $106,040
2019 $3,682 $133,890 $40,000 $93,890
2018 $2,659 $96,680 $20,000 $76,680
2017 $2,601 $93,570 $20,000 $73,570
2016 $2,064 $74,257 $20,000 $54,257
2015 $2,086 $75,300 $20,000 $55,300
2014 $2,086 $73,470 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 21095027

North Texas Real Estate Information Systems (NTREIS)

APN: 36853

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