Status: Active
5241 Reed Dr
The Colony, TX 75056
$249,600
------/mo*
CalculateTHIS HOME IS AN INVESTOR'S OPPORTUNITY! LOTS OF FIXING NEEDED BUT LOCATED IN A FRIENDLY NEIGHBORHOOD FOR FAMILIES. ONCE RESTORED, UPDATED, AND IMPROVED, THE POPULAR FLOOR PLAN WILL BE VERY ATTRACTIVE. CASH BUYER PREFERRED! CALL LISTING AGENT WITH QUESTIONS AS HAPPY TO HELP. SEE DOCUMENTS FOR MANDATORY FORM TO BE ACKNOWLEDGED BY BUYER RE WATER DAMAGE, TOXIC MOLD AND ENVIRONMENTAL DISCLOSURE RELEASE AND INDEMNIFICATION AGREEMENT.
AUCTION DISCLOSURE: THIS PROPERTY IS NOW UNDER AUCTION TERMS. ALL BIDS MUST BE SUBMITTED DURING THE AUCTION VIA THE PROPERTY'S LISTING PAGE AT www.servicelinkauction.com. THIS SALE IS SUBJECT TO A 5% OR $2,500 MINIMUM BUYER'S PREMIUM PURSUANT TO THE AUCTION TERMS AND CONDITIONS. ALL BIDS WILL BE SUBJECT TO SELLER APPROVAL (MINIMUMS MAY APPLY).
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- Bedrooms
- 3
- Baths
- 2
- House Size
- 1,881 sqft
- Year Built
- 1983
- Lot Size
- 0.16 ac
- School District
- Lewisville ISD
Location
Market Insights
In the last 30 days, homes for sale in 75056, The Colony, TX were on the market for a median of 31 days and 24% of homes sold above list price.
Buy a new home knowing you’ll sell your current one. Orchard guarantees your home will sell, so you can buy your next one worry-free.
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Explore this home’s layout as if you were walking through it in person.
Start TourInterior Information
- appliances
- Electric Range
- Microwave
- cooling
- Ceiling Fan(s)
- Central Air
- Electric
- features
- Pantry
- Walk-in Closet(s)
- flooring
- None
- heating
- Electric
- laundry features
- Electric Dryer Hookup
- In Hall
Exterior Information
- fence
- Wood
- roof
- Asphalt
Property Information
- architectural style
- Traditional
- construction
- Brick
- foundation
- Slab
- parking
- Alley Access
- Garage Faces Rear
- Attached
- sewer
- Public Sewer
- subdivision name
- Colony No 19
- utilities
- Electricity Available
- water source
- Public
- Listed By Inga E Gonzalez
- (214) 850-4478
- Keller Williams Realty-FM
- (972) 874-1905
- klrw92@kw.com
- MLS 21076879
Tax History
Date | Property Tax | Land | Additions | Tax Assessment |
|---|---|---|---|---|
| 2025 | $6,115 (-2.7%) | $68,200 | $214,429 | $282,629 (-10.3%) |
| 2024 | $6,282 (0%) | $68,200 | $246,910 | $315,110 (-1.7%) |
| 2023 | $6,282 (-3.6%) | $68,200 | $252,393 | $320,593 (+3.2%) |
| 2022 | $6,519 (0%) | $68,200 | $242,339 | $310,539 (+30%) |
| 2021 | $6,519 | $51,491 | $187,327 | $238,818 |
Tax data provied by Attom
Monthly Payments Calculator
Estimated Monthly Cost
$2,025
30 year fixed·6.9% interest rate
- Principal & Interest
- $1,315
- Property Taxes
- $510
- Home Insurance
- $200
- HOA Fees
- $0
*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
