• Office Phone - 972.335.6564
  • Primary - 972.489.4887

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Listing provided courtesy of Ready Real Estate LLC- MLS# 21209926MLS ProviderContact Information: Breezie Smades - 817-757-9872

506 Magnolia DriveForney, TX 75126

Single Family · 3 Beds · 2 Full Baths · 1,819 Sq. ft. | 0.17 Acres
$261,000 Active

506 Magnolia Drive Overview

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Affordable living in Forney, Texas! This recently refreshed 3-bedroom, 2-bath home offers comfort, flexibility, and value, making it a great opportunity for buyers looking for a move-in ready property. VA assumable loan available at 3.375%, providing a potential benefit for qualified buyers. Inside, the spacious living area features a tall vaulted ceiling, creating an open and airy atmosphere that’s perfect for relaxing or entertaining. The kitchen is thoughtfully designed with a convenient breakfast bar and opens to the dining area, making everyday meals and gatherings easy and comfortable. Just off the dining space is an additional bonus room, providing even more flexibility for your lifestyle needs. The primary bedroom is generously sized and includes a large walk-in closet and private ensuite bathroom, offering a comfortable retreat at the end of the day. The secondary bedrooms are also well-sized and feature excellent storage, making them ideal for family, guests, or additional workspace. One of the standout features of the home is the large added bonus room, which can easily serve as a fourth bedroom, home office, playroom, workout space, or second living area—the possibilities are endless. Step outside and enjoy Texas living on the covered back patio, perfect for relaxing evenings, weekend barbecues, or entertaining guests. The spacious backyard provides plenty of room for outdoor activities, pets, or gardening. Additional highlights include a 2-car garage, durable LVP flooring, fresh interior paint, and a new HVAC system installed in 2024, offering peace of mind and energy efficiency for years to come. Conveniently located with easy access to shopping, dining, schools, and major highways, this home combines affordability, functionality, and comfort in a growing Forney community. Don’t miss the opportunity to make this versatile home your own.

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506 Magnolia Drive Facts & Features

  • Type Single Family
  • Sq. ft. 1,819
  • Price/Sq.ft. $143
  • Lot 0.17 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Forney ISD
  • Elementary School: Criswell
  • Middle Or Junior School: Brown
  • High School: Forney

Building Information

  • Year Built: 1983
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: Kaufman
  • Postal City: FORNEY
  • Subdivision Name: South Lake 3

Tax Information

  • Tax Annual Amount: 5878.0

General Information

  • Listing Terms: Assumable,Cash,Conventional,FHA,VA Loan
  • Parcel Number: 37125
  • Property Sub Type: Single Family Residence
  • Property Type: Residential

Interior

Parking Information

  • Garage Spaces: 2.0
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 3

General Information

  • Appliances: Dishwasher,Electric Range,Electric Water Heater
  • Basement: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Ceramic Tile,Luxury Vinyl Plank
  • Foundation Details: Slab
  • Interior Features: Built-in Features,Decorative/Designer Lighting Fixtures,High Speed Internet,Cable TV,Vaulted Ceiling(s)
  • Levels: One
  • Living Area: 1819.0
  • Stories: 1

Exterior

Parking Information

  • Parking Features: Door-Multi,Driveway,Garage

Lot Information

  • Lot Size Acres: 0.172
  • Lot Size Area: 0.172
  • Lot Size Square Feet: 7492.32
  • Lot Size Units: Acres
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Detached
  • Attached Garage: Yes
  • Construction Materials: Brick
  • Patio And Porch Features: Covered,Deck
  • Property Attached: No
  • Roof: Composition
  • Structure Type: House

General Information

  • Carport: No
  • Covered Spaces: 2.0
  • Exterior Features: Deck
  • Fencing: Wood
  • Pool Features: None
  • Sewer: Public Sewer
  • Utilities: Electricity Available,Sewer Available,Water Available,Cable Available

Room Information

Room: Bedroom

  • Level: First
  • Dimensions: 0 x 0
  • Length: 0.0
  • Width: 0.0
  • Features: Walk-In Closet(s)

Room: Bedroom

  • Level: First
  • Dimensions: 0 x 0
  • Length: 0.0
  • Width: 0.0
  • Features: Ceiling Fan(s)

Room: Kitchen

  • Level: First
  • Dimensions: 0 x 0
  • Length: 0.0
  • Width: 0.0
  • Features: Breakfast Bar,Built-in Features

Room: Living Room

  • Level: First
  • Dimensions: 0 x 0
  • Length: 0.0
  • Width: 0.0
  • Features: Ceiling Fan(s)

Room: Living Room

  • Level: First
  • Dimensions: 0 x 0
  • Length: 0.0
  • Width: 0.0

Room: Primary Bedroom

  • Level: First
  • Dimensions: 0 x 0
  • Length: 0.0
  • Width: 0.0
  • Features: Ceiling Fan(s),Walk-In Closet(s)

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

506 Magnolia Drive Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

506 Magnolia Drive Market Data

Based on the last 30 days in this zip code

$421,318
Average List Price
$168
Average Price per Square Foot
151
Properties Sold
296
Average Days on Market
2,160
Properties for Sale
Calculations provided by Reliance Network


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