
Status: Active
5529 Gates Dr
The Colony, TX 75056
2% Drop
$330,000
$325,000
------/mo*
CalculateWelcome to this remarkable property! Featuring three spacious bedrooms and two modern bathrooms, this home is designed for comfortable living. Remodeled in 2020, including kitchen and bathroom remodel, flooring, foundation repair, and a new AC system to keep you cool during the warmer months. The roof was replaced in 2017, radiant barrier added to aid in energy efficiency. Additionally, new gutters were installed in 2021, along with a recently reconditioned fence. A new hot water heater installed in 2025, offering the latest in home conveniences. Don’t miss the chance to own a beautifully updated home that blends modern amenities with timeless charm!
Mature live oaks, St. Augustine lawn, steps away from the Baker Slay Park and Legend's trails. Community highlights include Lake Lewisville access at Stewart Peninsula and Grandscape entertainment district.
Read more- Bedrooms
- 3
- Baths
- 2
- House Size
- 1,379 sqft
- Year Built
- 1975
- Lot Size
- 0.15 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 54 days and 22.22% of homes sold above list price.

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Explore this home’s layout as if you were walking through it in person.
Start TourInterior Information
- appliances
- Dishwasher
- features
- Open Floorplan
- fireplace
- Family Room
Exterior Information
- fence
- Back Yard
- Fenced
- Privacy
Property Information
- construction
- Brick
- foundation
- Slab
- parking
- Driveway
- Garage
- Attached
- sewer
- Public Sewer
- subdivision name
- Colony No 11
- utilities
- Electricity Connected
- water source
- Public

- Listed By Gabreylle Cornelius
- (888) 519-7431
- eXp Realty, LLC
- (888) 519-7431
- tx.membership@exprealty.net
- MLS 21000427
Tax History
Date | Property Tax | Land | Additions | Tax Assessment |
---|---|---|---|---|
2025 | $4,325 (+11.4%) | $67,100 | $212,033 | $279,133 (-2.9%) |
2024 | $3,884 (0%) | $67,100 | $220,224 | $287,324 (-2.3%) |
2023 | $3,884 (-12.1%) | $67,100 | $226,980 | $294,080 (+12.7%) |
2022 | $4,418 (0%) | $67,100 | $193,842 | $260,942 (+22.4%) |
2021 | $4,418 | $39,589 | $173,612 | $213,201 |
Tax data provied by Attom
Monthly Payments Calculator
Estimated Monthly Cost
$2,273
30 year fixed·6.9% interest rate
- Principal & Interest
- $1,712
- Property Taxes
- $360
- Home Insurance
- $200
- HOA Fees
- $0
*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.