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Price CutPrice Drop: $20K (10/27)
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Sale Pending at 5516 Forest Ln, Dallas, TX 75230 | MLS# 21177249 | Listing updated on 2026-10-27
Photo 1 of Sale Pending at 5516 Forest Ln, Dallas, TX 75230 | MLS# 21177249 | Listing updated on 2026-10-27
Photo 2 of Sale Pending at 5516 Forest Ln, Dallas, TX 75230 | MLS# 21177249 | Listing updated on 2026-10-27
Photo 3 of Sale Pending at 5516 Forest Ln, Dallas, TX 75230 | MLS# 21177249 | Listing updated on 2026-10-27
Photo 4 of Sale Pending at 5516 Forest Ln, Dallas, TX 75230 | MLS# 21177249 | Listing updated on 2026-10-27
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$679,000

Monthly Est:$3,380

  • Beds Icon3 Beds
  • Beds Icon
    2 Baths
  • Beds Icon1,912sqft

5516 Forest Ln, Dallas, TX 75230

$3,380/moEst:

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  • Single Family Residence

  • Built in 1956

  • $-- HOA

  • 0.35 acre lot

  • $355/sq.ft

Description

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.

  • Houzeo last checked: 2 minutes ago
  • Listing updated: October 27, 2026 at 2:49 pm
  • Listing Provided by: Suzanne Mardock (817) 999-4205 | Ready Real Estate LLC (817) 569-8200
  • Source: NTREIS MLS-TX | MLS#: 21177249 NTREIS MLS-TX

Property Details

  • Status

    Pending

  • Type

    Single Family Residence

  • No. of Stories

    1

  • County

    Dallas County

  • City

    Dallas

  • Neighborhood

    Preston Hollow

  • Year Built

    1956

  • HOA Fees

    -

  • Finished Area

    1,912 sqft

  • Lot Size

    0.35 acre lot

  • Basement Area

    - sqft

  • MLS Name

    NTREIS MLS

  • MLS Number

    21177249

  • MLS Status

    Pending

  • Cumulative Days on Market

    242

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 3

    Bathrooms: 2

  • LivingRoom

    Level: First

    Area: 200.00 Square Feet

    Dimensions: 20 x 10

  • PrimaryBedroom

    Level: First

    Area: 195.00 Square Feet

    Dimensions: 15 x 13

Interior

  • Appliances

    Dishwasher, Disposal

  • Interior Features

    Cable Tv

Construction

  • Year Built

    Year Built: 1956

  • Home type

    Single Family Residence

  • Architectural Style

    Detached

Utilities & Energy

  • Utilities

    Water Available, Cable Available

  • Fireplace Features

    Masonry

  • Parking Features

    Concrete, Drive Through

  • Pool Features

    None

  • Water Source

    Public

Other Features

  • Subdivision Name

    Inwood Road Estates

Price History

DateEventPrice

10/27/2026

Source: mls_logoNTREIS MLS-TX #21177249

Pending

$679,000

$355/sqft

10/06/2026

Source: mls_logoNTREIS MLS-TX #21177249

Contingent (Active Under Contract)

$679,000

$355/sqft

10/06/2026

Source: mls_logoNTREIS MLS-TX #21177249

Listed for Sale

$679,000 -2.86%

$355/sqft

09/21/2026

Source: mls_logoNTREIS MLS-TX #21177249

Price Decreased

$699,000 -1.41%

$366/sqft

08/31/2026

Source: mls_logoNTREIS MLS-TX #21177249

Price Decreased

$709,000 -4.83%

$371/sqft

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Preston Hollow Ranks #1 in Dallas, TX

Homes for sale
143

Homes

Rental prices
$1,614

Rental Prices

Median Home Price
$2.23M

Median Home Price

Preston Hollow, Dallas, TX neighborhood guide

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Based on information from the North Texas Real Estate Information Systems, Inc., through Nov 07, 2026, 08:00PM. Information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. ©2026 North Texas Real Estate Information Systems, Inc. All Rights Reserved.

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