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About This Home
This 3-bedroom, 2-bathroom single family at 506 Magnolia Drive in Forney, TX is listed for $272,850 ($150 per sqft). Built in 1983, the home offers 1,819 sqft of living space on a 0.17 acres lot.
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.
Key Features
- Built in 1983
- 0.17 acre lot
Property Details
Monthly Cost Estimate
$1,459/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
506 Magnolia Drive
Forney, TX 75126
South Lake 3
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 3-bedroom, 2-bathroom single family at 506 Magnolia Drive is listed at $272,850 ($150/sqft). The estimated monthly payment is $1,182 based on 20% down at 6.5% interest.
Key features include: Built in 1983, 0.17 acre lot. Interior Features: Built-in Features, Cable Tv Available, Decorative Lighting. Exterior Features: Covered Deck, Fence.
This property is listed by Breezie Smades and can be reached at 8175698200 or breezie@readyrealestate.com.












































