Status: Active
5312 Baker Dr
The Colony, TX 75056
$365,000
------/mo*
CalculateCentrally located in a high-demand area of The Colony with no HOA restrictions, this turn-key property is ideal for 1st-time home buyers, or investors looking for short-term, corporate, or long term rental strategies . This location offers immediate proximity to major employment centers, premier retail, entertainment destinations, and key transportation corridors. Just minutes from major highways, offering quick access to Frisco, Plano, Dallas, and DFW airport.
This 3-bedroom, 2-bath property has been fully renovated. It features a spacious open-concept design with abundant natural light, living room with a cozy fireplace, dining area, and a beautifully finished kitchen. Highlights include a stylish island with sleek quartz countertops, brand-new appliances, white cabinets, beautiful backsplash with a pot filler — a thoughtful, upscale touch that today’s buyers and guests will appreciate. NO CARPET! Every surface has been updated, from the upgraded flooring, to the fresh paint and beautiful bathrooms.
Sitting on a 7,150 SQF corner lot, the backyard is ready to be transformed — perfect for outdoor entertaining, a fire pit or hot tub, or additional STR-friendly enhancements. Importantly, this oversized lot also offers ample space to securely park work trucks, trailers, or commercial vehicles — a valuable feature for business owners or traveling professionals.
With Dallas-Fort Worth hosting multiple FIFA World Cup matches in 2026, including the final at AT&T Stadium, this property is perfectly positioned to benefit from the surge in short-term rental demand from international guests, media, and fans. Investors, this is the one. Whether you're focused on Airbnb, mid-term corporate housing, or long-term rental income, this fully renovated home offers a prime opportunity for strong cash flow and long-term appreciation in the heart of DFW. Book your tour before it sells.
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- Bedrooms
- 3
- Baths
- 2
- House Size
- 1,335 sqft
- Year Built
- 1975
- 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 44 days and 8.96% of homes sold above list price.
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Start TourInterior Information
- appliances
- Electric Cooktop
- Electric Oven
- Electric Water Heater
- Microwave
- Refrigerator
- cooling
- Central Air
- features
- Eat-in Kitchen
- Kitchen Island
- Open Floorplan
- fireplace
- Living Room
- Wood Burning
- flooring
- Tile
- Vinyl
- heating
- Central
- laundry features
- Electric Dryer Hookup
- Washer Hookup
Exterior Information
- fence
- Wood
- roof
- Shingle
Property Information
- architectural style
- Traditional
- foundation
- Slab
- lot
- Corner Lot
- parking
- Attached
- security features
- Carbon Monoxide Detector(s)
- Fire Alarm
- sewer
- Public Sewer
- subdivision name
- Colony 11
- utilities
- Electricity Connected
- water source
- Public
- Listed By Minouche Martins
- (214) 727-8823
- Coldwell Banker Realty Frisco
- (972) 712-8500
- frank.obringer@cbdfw.com
- MLS 20987710
Tax History
Date | Property Tax | Land | Additions | Tax Assessment |
|---|---|---|---|---|
| 2024 | $5,299 (0%) | $71,500 | $188,915 | $260,415 (-3.7%) |
| 2023 | $5,299 (+4.5%) | $71,500 | $198,897 | $270,397 (+11.9%) |
| 2022 | $5,072 (0%) | $71,500 | $170,093 | $241,593 (+22.8%) |
| 2021 | $5,072 | $42,185 | $154,619 | $196,804 |
Tax data provied by Attom
Monthly Payments Calculator
Estimated Monthly Cost
$2,565
30 year fixed·6.9% interest rate
- Principal & Interest
- $1,923
- Property Taxes
- $442
- Home Insurance
- $200
- HOA Fees
- $0
*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
