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$360,000

4248 N Colony Boulevard, The Colony, TX, 75056

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,550 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$232.26 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave
FlooringHardwood, Vinyl

Exterior

Lot Size6,708 sqft

Building Information

Year Built1984
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR03780
Lot Number53
SubdivisionColony No 27
Land UseResidential
Legal DescriptionCOLONY NO 27 BLK 227 LOT 53
Census Tract021516
Assessed Land Value$66,094
Assessed Improvement Value$265,295
Assessment Year2025

About this property

Beautifully updated and move-in ready, this two-story home offers 3 bedrooms, 2.5 baths, and a flexible layout designed for a variety of lifestyles. Thoughtful improvements, designer finishes, and abundant natural light create a welcoming and functional living environment throughout. The main living area features a dramatic cathedral ceiling with a striking wood beam, enhancing the open feel of the space. Large windows invite in natural light, while the seamless flow into the kitchen and dining areas supports both everyday living and entertaining. The kitchen is well-appointed with stone countertops, stainless steel appliances, two-tone cabinetry, a stylish backsplash, and generous prep space. A formal dining area provides an inviting setting for gatherings, while the additional living space offers versatility as a game room, office, or flex area. Custom built-ins—including an entry bench, media wall, and a Murphy bed—add both character and practical storage solutions. The primary suite and secondary bedrooms are comfortably sized, with updated flooring and fresh paint contributing to the home’s cohesive and refreshed feel. Vaulted ceilings further enhance the sense of openness in key living areas. Outdoor spaces are equally appealing, featuring a spacious backyard, garden area, and an oversized covered patio ideal for relaxing or entertaining. A carport adds convenience and functionality. Ideally located with easy access to major routes including Highway 121 and the Dallas North Tollway, this home is near popular destinations such as The Star, Legacy West, Grandscape, and Stonebriar Centre, offering a wide range of shopping, dining, and entertainment options. 3D Tour available online.

Investor Tools

Property Icon
$360,000
Estimated Property Value
$0Estimated Mortgage Balance
$36,985Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,160 /month
Positive
Cash Flow Estimate:
$720 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$696/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,555
$331,389
2025
$66,094
$265,295
$331,389
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,555
$331,389

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bay Equity Llc
Conventional
$337,250
No
First
Jan 22, 2024
Feb 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$323,015
$36,985
10%
90%
$2,022/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,340/mo
$2,022/mo
+$318/mo
7.8%

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.

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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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4248 N Colony Boulevard | Property Details | No Agent List