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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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506 Magnolia Dr , Forney, TX 75126
$250,000
Est. Payment: $1,287.11/mo
3 Bed
2 Bath
1819 Sqft
Status: active | Days on site: 160
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

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.

Highlights

Listed by Breezie Smades , Ready Real Estate LLC , North Texas Real Estate Information Systems

Property Type

Residential

Lot/Acreage
0.17

Year Built

1983

County

Kaufman

Neighborhood

South Lake 3

School District

Forney ISD

Listing ID

21209926

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Dishwasher, Electric Range, Electric Water Heater
Air Cond:Ceiling Fan(s),Central Air,Electric
Fireplaces:
Floor:Ceramic Tile,Luxury Vinyl Plank
Other:
  • Additional:Built-in Features, Cable TV Available, Decorative Lighting, High Speed Internet Available, Vaulted Ceiling(s), Master on Main

Exterior Features

Lot:Less Than .5 Acre (not Zero)
Roof:Composition
Others:
  • Additional:Covered Deck, Preowned
Parking Features:Driveway,Garage,Garage Double Door
Principal Interest
$1,287
Taxes
$490

Home Price

$250,000

Loan Details

30 yrs
6.674%

Down Payment

20%
$50,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,287.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,287.11 $489.83 $0.00 $1,776.94
Yearly $15,445.30 $5,878.00 $0.00 $21,323.30
Total $463,359.09 $176,340.00 $0.00 $639,699.09

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Forney, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T23:23:04.180Z

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