1view

$579,999

4408 Highridge Dr, The Colony, TX, 75056

Off Market

4 Beds

3 Bath

2,884 Sq Ft

Single Family Residence

$201.11 / sqft

Built in 1998

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Dryer, Gas Range, Gas Water Heater, Microwave, Other

Exterior

Lot Size9,431 sqft

Building Information

Year Built1998

Stories2

Roof Type105

Garage Spaces2

Land Information

APNR196852

Lot Number9

SubdivisionRidgepointe Ph 4

Land UseResidential

Legal DescriptionRIDGEPOINTE PH 4 BLK S LOT 9

Census Tract021518

Assessed Land Value$113,172

Assessed Improvement Value$450,328

Assessment Year2025

About this property

Beautifully maintained 4 bed, 3 bath home with nearly 2,900 sq ft on an oversized lot in The Colony. Features include formal living and dining, an open family room with abundant natural light, and a well appointed kitchen with granite counters, stainless steel appliances, gas range, newly installed laminated flooring throughout the first floor. The spacious primary suite offers dual vanities, separate tub and shower, and a large walk-in closet. Second bedroom and full bath downstairs; two bedrooms and game room upstairs. Enjoy a private backyard oasis with pool, spa, and mature landscaping. Numerous updates over the years, 3 cars garage. Location! Location! Location! Located minutes from SH 121, approximately 12 minutes to Toyota HQ and nearby other Headquarters such FedEx, JC Penney, Cinemark, and Liberty Mutual Regional Campus, JPMorgan, Fanie Mae, Legacy West etc... Minutes to Nebraska Furniture Mart, Topgolf, shopping, dining, and Lake Lewisville, this home offers both convenience and lifestyle.

Investor Tools

$574,000

Estimated Property Value

$520,000Estimated Mortgage Balance

$88,578Estimated Equity

9% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,480 /month

Positive

Cash Flow Estimate:

$1,160 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,147/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$10,897

$563,500

2025

$113,172

$450,328

$563,500

Tax History

Year

Tax Paid

Assessed Value

2025

$10,897

$563,500

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Rocket Mortgage Llc

Unknown

$520,000

First

Nov 10, 2022

Dec 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$485,422

$88,578

15%

85%

$3,118/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,060/mo

$3,118/mo

$-58/mo

6.4%

Learn About the Market: Opportunity in Texas

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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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