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● ActiveSingle Family Residence

5516 Forest Lane

DALLAS, TX 75230 · Inwood Road Estates

3bd

2ba

1,912sqft

Built 1956

2garage

0.35acres

1story

6 days on market$376/sqftMLS# 21177249

$719,000

$376/sqft

Est. $4,994/mo ›

Request a Tour Contact Agent (469) 854-1352

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

Full Baths

Living Area

1,912 sqft

Lot Size

15,420.24 sqft

Lot (acres)

0.354

Garage

2 spaces

Stories

Year Built

1956

School Information

School District

Dallas ISD

Elementary

Pershing

Middle / Jr High

Benjamin Franklin

High School

Hillcrest

Mortgage Calculator

Total Principal

$575,200

Total Interest

$785,116

Total Loan Payment

$1,360,316

Payoff Date

June 2056

Home Price

Down Payment

Interest Rate

Loan Type

Est. Payment

$5,294

/month

Principal & Interest$3,779

Property Tax

HOA Fees

Home Insurance

Total$5,294/mo

Estimated only. Does not guarantee loan approval. Contact a licensed lender for accurate rates and terms. Rates change daily.

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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 Feb 18, 2026.

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Listing Agent

Sue Mardock

Ready Real Estate LLC

Type	Single Family Residence
County	Dallas
Lot	0.354 ac (15,420.24 sqft)
Annual Tax	$14,574
Days on Market	6

P&I (6.875%)	$3,779
Est. Tax	$1,215
Est. Total	$4,994/mo

5516 Forest Lane

About This Property

Property Details

Tax & Appraisal

Interior Features

School Information

Location

3D Virtual Tour

Financial

Listing Information

Mortgage Calculator

Schedule a Showing

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District	Dallas ISD
Elementary	Pershing
Middle	Benjamin Franklin
High School	Hillcrest