When was property at 517 Forestwood Drive built and last sold?

The property at 517 Forestwood Drive was built in 1979 and last sold on Aug 31, 2023 for $495,757.

How much is this home worth?

The estimated value of the home located at 517 Forestwood Drive is $234,502.

What are some comparable homes to 517 Forestwood Drive?

There are currently no comparable homes to 517 Forestwood Drive.

Forney

75126

South Lake Estates

517 Forestwood Drive

$225,000

● House - Off Market

517 Forestwood Drive

Forney, TX 75126

3 Beds

0 Bath

1,267 Ft²

$1,614

Est. Monthly

8.37%

Cap Rate

About This Property

Discover this impeccably maintained 3-bedroom, 2-bathroom home with a spacious Texas-sized backyard in a warm and welcoming neighborhood. As you step inside, you'll be greeted by a bright and airy open-concept living area, designed for both relaxed living and elegant entertaining. The heart of this home, the kitchen, boasts modern appliances and ample cabinetry, creating an inspiring space for culinary creations. Retreat to the serene primary suite, a private haven complete with a modern ensuite bathroom and a generous walk-in closet. Outside, the beautifully landscaped yard provides a peaceful escape, perfect for outdoor gatherings or tranquil mornings with a cup of coffee. Conveniently located near top-rated schools and essential amenities, and just a short drive to downtown Dallas, this home offers the ideal blend of comfort, style, and accessibility. With no MUD or PID fees, don't miss the chance to make 517 Forestwood Dr. your forever home!

Unit Size

1,267 Ft²

Days on Market

Land Size

0.17 acres

Price per sqft

$185

Property Type

House

Property Taxes

$460

HOA Dues

Year Built

1979

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (NTREIS #20852149)

Price History

Date / Event	Date	Event
Apr 25, 2025	Sold	Premium
Sold
Apr 1, 2025	In contract	-
In contract
Mar 28, 2025	Price Decreased	$235,000 ↓ $10K (4.1%)
Price Decreased
Mar 11, 2025	Price Decreased	$245,000 ↓ $5K (2%)
Price Decreased
Feb 24, 2025	Listed by Central Metro Realty	$250,000
Listed by Central Metro Realty
Jan 9, 2025	No longer available	-
No longer available
Oct 17, 2024	Price Decreased	$274,990 ↓ $5K (1.8%)
Price Decreased
Sep 25, 2024	Listed by Fathom Realty LLC	$279,990
Listed by Fathom Realty LLC

	Come see this beautifully maintained 3-bedroom, 2-bathroom gem with a Texas sized backyard in a warm and welcoming community. As you step through the front door, you’re greeted by an open-concept living area, perfect for both relaxed living and stylish entertaining. The heart of the home, the kitchen, features modern appliances and ample cabinetry, creating a culinary space that inspires. Retreat to the tranquil primary suite, a private sanctuary complete with a modern ensuite bathroom and a spacious walk-in closet. Outside, the beautifully landscaped yard offers a tranquil escape, ideal for outdoor gatherings or peaceful mornings with a cup of coffee. Located just moments from convenient amenities and top-rated schools, as well as a short drive to downtown Dallas, this home offers the perfect blend of comfort, style, and mobility accessible features. No MUD. No PID. Don’t miss the chance to call 517 Forestwood Dr. your forever home!
Aug 31, 2023	Sold	Premium
Sold
Jul 30, 2023	Listed by Premier Legacy Real Estate	$247,900
Listed by Premier Legacy Real Estate

	This charming home in Forney is perfect for a starter home or an investment property. New paint throughout inside of the home, new kitchen sink, faucet and garbage disposal. Good size walk in closet in primary bedroom. Wood plank floors. Spacious front room and open concept with wide fireplace area. Handicap accessible. Large backyard. Quick access to highway to get to East Texas or Metroplex and within a few minutes of Downtown Forney. Shopping and schools nearby. Survey and SDN are in transaction desk notes.
Dec 31, 2019	Sold	Premium
Sold
Dec 13, 2019	Listed by Kile Properties	$172,000
Listed by Kile Properties

	Lovely home in Forney with 3 bedrooms and 2 full bathrooms. Kitchen overlooking the living room and wood burning fireplace. Both bathrooms have been updated. Ceramic tile and laminate wood floors throughout the home, no carpet. Large backyard with privacy wood fence, covered patio, & storage shed. Roof and outside AC unit replaced in 2019. Water heater replaced in 2018.

Property Highlights

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1979

Effective Year Built: 1979
Building Count: 1
Bedroom Count: 0
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Building Condition: 0
Building Quality: 0
Construction Type: 0
Building Style: 0
Exterior Walls Type: 2
Interior Walls Type: 0
Roof Shape Type: 1
Roof Cover Type: 3
Floor Count: 100
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 315
Parking Space Count: 1
Patio Type: 0
Porch Type: 6
Pool Type: 0

Dimensions

Lot Size Square Feet: 7,200

Lot Size Depth Feet: 1,200
Total Building Area: 1,582
Gross Building Area: 1,798
Building Area: 1,267
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 3
Heated Square Feet: 1,267
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: SOUTH LAKE 2
Land Acres: 0000000165
Standard Land Use Code: 1001
County Land Use Code: A1
State Land Use Code: A1
Legal Description 1: SOUTH LAKE EST #2 BLOCK F LOT 21

Neighborhood

School District Name: Forney Independent School District

Census Tract: 050208

Geography

Assessors Map Reference: 343-U

Parcel: 36932
Block: F
Lot: 21
Municipality: FORNEY
Latitude: 32.7644
Longitude: -96.4648

Address

Full Address: 517 Forestwood Dr

Address - House Number: 517
Address - Street Name: Forestwood
Address - Suffix Type: Dr
State: TX
City Name: Forney
Carrier Code: R003
4-Digit Zip Code: 9731
Zip Code: 75126

Valuation

Tax

Tax Year: 2022

Tax Amount: $526,944
Tax Rate Code Area: SF

Appraisal Valuation

Standard Deviation: 0.1563

Valuation Date: Sep 06, 2023
Confidence Score: 80
Final Value: 253,670
High Value: 293,320
Low Value: 214,021

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium

Market Valuation

Market Total Value: $263,507

Market Land Value: $58,500
Market Improvement Value: $205,007

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $263,507
Assessed Land Value: $58,500
Assessed Improvements Value: $205,007

Sales

Current Sale Contract Date: Aug 31, 2023

Current Sale Recording Date: Sep 01, 2023
Current Sale Price:

Premium
Current Sale Document Type: 27
Current Sale Input Document Number: 24832
Previous Sale Recording Date: Dec 31, 2019
Previous Sale Contract Date: Dec 30, 2019
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
Second Mortgage Transaction Date:

Premium
Second Mortgage Loan Amount:

Premium
Second Mortgage Terms:

Premium
Second Mortgage Loan Type:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About South Lake Estates

Stats & Trends

Median Asking:

$229,950

Sale Price/ft²

$147

Below Asking

0.04%

Average Days on Market

Average Home Size

1680 ft²

Average Home Age

46 years

Currently For Sale

8 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 127 Chaco Drive, Forney, TX, 75126

$2,300 /mo

3 Beds
2 Baths
1,860 ft²

127 Chaco Drive, Forney, TX, 75126 Listing by Crystal Jones

Unit for rent at 4416 Culrin Way, Forney, TX, 75126

$1,995 /mo

2 Beds
1 Bath
982 ft²

4416 Culrin Way, Forney, TX, 75126 Listing by Daniel Martinez

Unit for rent at 1126 Ainsley, Terrell, TX, 75126

$2,350 /mo

4 Beds
3 Baths
1,743 ft²

1126 Ainsley, Terrell, TX, 75126 Listing by Timothy Davis

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Joshua Evans, Central Metro Realty
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20852149
Details provided by NTREIS and may not match the public record

517 Forestwood Drive

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About South Lake Estates

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions