HomesDallas › 5516 Forest Lane
5516 Forest Lane, Dallas — photo 1
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Price changed 9/21
$699,000

5516 Forest Lane

Dallas, TX 75230 · Inwood Road Estates · Dallas County
ActiveMLS #21177249 · Single Family Residence
3Beds
2Baths
1,912Sq Ft
Single Family Residence
Built in 1956
15,420 sq ft lot
$425K–$520K Bestimate
$366/sqft
No HOA
Bestimate
$425,000 – $520,000

Rough estimate — a quick conversation with James dials in the real number.

Automated range from 18 comparable homes currently listed in ZIP 75230 (asking prices for similar size and bedrooms — not sale prices). Not an appraisal or broker price opinion.

What's special

  • Fireplace
  • Single story

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.

214 days on market · Listing updated Sep 21, 2026, 9:22 AM CT

Listed by: Sue Mardock, Ready Real Estate LLC 817-569-8200

Source: NTREIS · MLS #: 21177249

Home facts

Overview

Price
$699,000
Price per sq ft
$366
Status
Active
Property type
Single Family Residence
Year built
1956
Style
Detached
Stories
1
Levels
One
Days on market
214
Price last changed
Sep 21, 2026

Bedrooms & bathrooms

Bedrooms
3
Full bathrooms
2
Living area
1,912 sq ft

Interior

Features
Cable Tv
Appliances
Dishwasher, Disposal
Fireplaces
1 · Masonry

Exterior & lot

Lot size
0.354 acres · 15,420.24 sq ft

Parking

Garage spaces
2 (attached)
Parking
Concrete, Drive Through

HOA & taxes

HOA
No
Annual property tax (per MLS)
$14,574

Utilities & efficiency

Utilities
Water Available, Cable Available
Water
Public

Facts are from the listing on the NTREIS MLS, shown as provided. Verify anything important to you.

Assigned schools

School assignments come from the MLS and can change, so confirm them with the district. For school ratings and accountability reports, see GreatSchools.org and TXschools.gov (Texas Education Agency). Information provided for general reference; buyers should independently verify schools, districts, and community details.

Neighborhood & nearby

Inwood Road Estates subdivision · Dallas, TX 75230 · Dallas County

Parks

  • Willow Square 0.6 mi
  • Northaven Trail 0.6 mi
  • Jamestown Park 0.8 mi
  • Crestline 1.3 mi

Dining

  • Jonathon's Forestwood 0.2 mi
  • Street's Fine Chicken 0.2 mi
  • Ku Sushi Japanese Cuisine 0.4 mi
  • Renny's Bar & Grill 0.5 mi

Groceries & shopping

  • Natural Grocers 0.5 mi
  • Whole Foods Market 0.6 mi
  • Tom Thumb 0.7 mi
  • Central Market 1.2 mi

Fitness & recreation

  • fit180 0.4 mi
  • Burn Dallas 0.4 mi
  • Club Burn 0.4 mi
  • Bodybar Pilates 0.5 mi

Library & movies

  • Preston Royal Branch Library 1.0 mi

Straight-line distances. Places data © OpenStreetMap contributors. Information provided for general reference; buyers should independently verify schools, districts, and community details.

Dallas homes and area information →

Presented by James Baker, Broker · MTX Realty, LLC · TREC #640642-B

Listing data last updated Sep 21, 2026, 2:42 PM CT

Information deemed reliable but not guaranteed accurate by the MLS. 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. © 2026 North Texas Real Estate Information Systems, Inc. (NTREIS). All rights reserved. Data last updated Sep 21, 2026, 2:42 PM CT.

Listings marked with the NTREIS logo are provided through the NTREIS Internet Data Exchange (IDX) program. IDX data may not be reproduced or redistributed. Status key: Active means available; Active Under Contract and Pending mean under contract but not yet closed. To report an inaccuracy, call or text 817-756-9642 or email jhbakerjr@gmail.com.