1. Overview
  2. Location
  3. Interior
  4. Exterior
  5. Property
  6. Schools
  7. Tax
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Status: Active

5529 Gates Dr 
The Colony, TX 75056

2% Drop

$330,000

$325,000

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Welcome 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.
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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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Interior 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
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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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