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$1,050,000

2848 London, The Colony, TX, 75056

On MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,290 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$319.15 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave

Exterior

Private PoolPrivate Pool
Lot Size9,670 sqft

Building Information

Year Built2018
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR699803
Lot Number51
SubdivisionWestbury At Tribute Phase 2
Land UseResidential
Legal DescriptionWESTBURY AT TRIBUTE PHASE 2 BLK F LOT 51
Census Tract021534
Assessed Land Value$199,357
Assessed Improvement Value$580,648
Assessment Year2025

About this property

Discover true resort-style living in this stunning 5-bedroom home situated on an oversized lot in The Tribute Lakeside Community. Showcasing exceptional upgrades including JellyFish lighting, lightning rod system, elegant finish-outs and a breathtaking backyard paradise, this home blends beauty, comfort, and luxury living. Upon entering, you are greeted by soaring ceilings, new hardwood floors, and lighting that immediately set the tone for the home’s refined design. The open floorplan was thoughtfully curated for both everyday living and effortless entertaining. At the heart of the home, the spacious living area features a charming fireplace, tall windows, and picturesque views of your backyard paradise. The gourmet kitchen impresses with quartz countertops, abundant crisp white cabinetry with illuminated glass fronts, stainless steel appliances, and an oversized island perfect for gathering with family and guests. Retreat to the primary suite where vaulted ceilings and serene pool views create a peaceful sanctuary. The spa-inspired ensuite bath features a soaking tub, glass-enclosed shower, and dual vanities designed for ultimate relaxation. A second bedroom and full bath on the first floor offer flexibility for guests, multigenerational living, or private home office. Upstairs, the spacious game room overlooks the main living area, while three additional bedrooms with ensuite baths and a built-in study area provide space for everyone. Step outside to your own private resort-style oasis featuring a custom pool and spa with built-in bar stools, elegant lighting, tranquil water features, a fully equipped outdoor kitchen, gas firepit, café lighting and lush landscaping. With lush green space and multiple entertaining areas, this backyard is nothing short of extraordinary. Residents of the Tribute enjoy shoreline trails, pickleball courts, golf courses, dining, shopping, year-round community events and more. Come enjoy life on the Peninsula! A lifestyle like no other.

Investor Tools

Property Icon
$1,014,000
Estimated Property Value
$383,000Estimated Mortgage Balance
$574,268Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,300 /month
Positive
Cash Flow Estimate:
$2,100 /month

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Stacey Leslie

EXP REALTY

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,585/month
$636/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,945
$780,005
2025
$199,357
$580,648
$780,005
No

Tax History

Year
Tax Paid
Assessed Value
2025
$13,945
$780,005

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Certified Funding Lp
Commercial
$107,760
No
First
Jul 17, 2020
Jul 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$439,732
$574,268
56%
43%
$2,944/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,340/mo
$3,580/mo
$-1,240/mo
2.8%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: The Colony

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2848 London | Property Details | No Agent List