About 507 Southlake Drive
Owner will do Seller Financing with $16,000 down at 8%. Other terms are negotiable. Welcome home to this simple 3-bedroom, 2-bath residence offering comfort, convenience, and exceptional value. Move-in ready, this home is an ideal opportunity for first-time buyers, investors or anyone looking to settle into a neighborhood on the rise. The thoughtfully designed layout includes a private primary suite with an ensuite bath, providing a comfortable retreat at the end of the day. Secondary bedrooms offer flexibility for family, guests, or a home office. Located in a walkable area near Montessori and elementary schools, this home sits in a community benefiting from ongoing city infrastructure investment—making it a smart choice for both lifestyle and long-term potential. Enjoy close proximity to Lake Ray Hubbard, shopping, dining, and an easy commute to Dallas proper. Affordable, practical, and well positioned. Rental income estimated $2,000
Status Change History
| Date | Details | Status |
|---|---|---|
| Apr 12, 2026 | Status Changed from Pending to Closed | Closed |
| Mar 6, 2026 | Status Changed from Active to Pending | Pending |
Price Change History
| Date | Details | Price |
|---|---|---|
| Feb 25, 2026 | Price Reduced from $205,000 to $199,000 | $199,000 |
Features of 507 Southlake Drive
| MLS® # | 21137359 |
|---|---|
| Price | $199,000 |
| Bedrooms | 3 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 1,190 |
| Acres | 0.18 |
| Year Built | 1973 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Ranch |
| Status | Closed |
Community Information
| Address | 507 Southlake Drive |
|---|---|
| Subdivision | South Lake 1 |
| City | Forney |
| County | Kaufman |
| State | Texas |
| Zip Code | 75126-9723 |
Amenities
| Utilities | Cable Available, City Sewer, City Water, Concrete, Electricity Connected, Individual Water Meter |
|---|---|
| # of Garages | 2 |
| Garages | Driveway |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Cable TV Available, High Speed Internet Available, Walk-In Closet(s) |
|---|---|
| Heating | Central |
| Fireplace | No |
| Fireplaces | None |
Exterior
| Roof | Composition |
|---|---|
| Construction | Brick, Siding |
| Foundation | Slab |
School Information
| District | Forney ISD |
|---|---|
| Elementary | Criswell |
| Middle | Warren |
| High | Forney |
Additional Information
| Date Listed | December 23rd, 2025 |
|---|---|
| Date Sold | March 30th, 2026 |
| Days on Market | 266 |
Listing Details
| Agent | Sarah Renwick |
|---|---|
| Office | Texas Property Brokers, LLC |
| Contact Info | 817-717-1816 |