Priced to sell, this triplex offers a strong value-add opportunity in Dallas. Zoned commercial under Senate Bill 840, allowing multifamily development without rezoning, this property is ideal for investors or developers. Three 1-bedroom units in a single building with city water and sewer, offering flexibility for renovation, redevelopment, or long-term investment potential.
For sale
Price cut: $20K (2/20)
$275,000
3517 Forney Rd, Dallas, TX 75223
--beds
1baths
1,296sqft
Est.:
Triplex, Multi Family, Multi Family
Built in 1955
-- sqft lot
$-- Zestimate®
$212/sqft
$-- HOA
What's special
- 54 days |
- 443 |
- 17 |
Zillow last checked: 7 hours ago
Listing updated: February 19, 2026 at 06:56pm
Listed by:
David Velasquez 0584611 (817)736-5450,
Keller Williams Brazos West 817-279-6996
Source: NTREIS,MLS#: 21160516
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 1
Heating
- None
Cooling
- None
Features
- Other
Interior area
- Total structure area: 1,296
- Total interior livable area: 1,296 sqft
Video & virtual tour
Property
Parking
- Parking features: None
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Size: 4,922.28 Square Feet
Details
- Parcel number: 00000225331000100
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family, Multi Family
Materials
- Other
- Foundation: Slab
- Roof: Shingle
Condition
- Year built: 1955
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available
Community & HOA
Community
- Subdivision: Sunrise Heights Annex
HOA
- Has HOA: No
Location
- Region: Dallas
Financial & listing details
- Price per square foot: $212/sqft
- Tax assessed value: $74,260
- Annual tax amount: $1,654
- Date on market: 2/5/2026
- Cumulative days on market: 54 days
- Listing terms: Cash,Conventional,FHA 203(k)
Estimated market value
Not available
Estimated sales range
Not available
$1,484/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/20/2026 | Price change | $275,000-6.8%$212/sqft |
Source: NTREIS #21160516 Report a problem | ||
| 2/5/2026 | Listed for sale | $295,000+31.1%$228/sqft |
Source: NTREIS #21160516 Report a problem | ||
| 9/6/2025 | Listing removed | $225,000$174/sqft |
Source: NTREIS #20960536 Report a problem | ||
| 6/30/2025 | Listed for sale | $225,000$174/sqft |
Source: NTREIS #20960536 Report a problem | ||
| 6/14/2025 | Pending sale | $225,000$174/sqft |
Source: NTREIS #20960536 Report a problem | ||
| 6/5/2025 | Listed for sale | $225,000-15.1%$174/sqft |
Source: NTREIS #20960536 Report a problem | ||
| 4/19/2025 | Listing removed | $265,000$204/sqft |
Source: NTREIS #20847778 Report a problem | ||
| 3/5/2025 | Price change | $265,000-32.9%$204/sqft |
Source: NTREIS #20847778 Report a problem | ||
| 3/3/2025 | Pending sale | $395,000$305/sqft |
Source: NTREIS #20847778 Report a problem | ||
| 2/18/2025 | Listed for sale | $395,000$305/sqft |
Source: NTREIS #20847778 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,654 -53.9% | $74,260 -53.8% |
| 2024 | $3,589 +9.9% | $160,580 +12.9% |
| 2023 | $3,264 -2.2% | $142,250 +6.9% |
| 2022 | $3,339 +88.9% | $133,020 +98.5% |
| 2021 | $1,768 -2.8% | $67,020 |
| 2020 | $1,818 +2.7% | $67,020 +3.4% |
| 2019 | $1,771 +119.2% | $64,790 +128.1% |
| 2018 | $808 +4.6% | $28,400 |
| 2017 | $772 0% | $28,400 |
| 2016 | $772 -0.9% | $28,400 |
| 2015 | $779 | $28,400 |
| 2014 | $779 | $28,400 |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,777/mo
Principal & interest
$1394
Property taxes
$383
More affordability tools
Climate risks
Neighborhood: Owenwood
Nearby schools
GreatSchools rating
- 5/10Paul L Dunbar Learning CenterGrades: PK-5Distance: 1 mi
- 4/10Billy Earl Dade Middle SchoolGrades: 6-8Distance: 2.2 mi
- 4/10James Madison High SchoolGrades: 9-12Distance: 1.9 mi
Schools provided by the listing agent
- Elementary: Prairiecre
- Middle: Brown
- High: H Grady Spruce
- District: Dallas ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 75223
- Texas
- Dallas County
- Dallas
- 75223
- Owenwood
- 3517 Forney Rd



