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$310,000

4804 Wagner Drive, The Colony, TX, 75056

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,409 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$220.01 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCeramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters
Lot Size6,599 sqft

Building Information

Year Built1977
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR14923
Lot Number38
SubdivisionColony No 16
Land UseResidential
Legal DescriptionCOLONY NO 16 BLK 105 LOT 38
Census Tract021521
Assessed Land Value$66,000
Assessed Improvement Value$225,894
Assessment Year2025

About this property

Currently tenant-occupied through 10.31.2026, this property presents an excellent investment opportunity!! Looking for investors only to take over the current lease. Charming home in a prime location just minutes from Grandscape! Step inside to an inviting open layout featuring a central brick hearth fireplace and rich wood-look laminate flooring throughout, with ceramic tile in wet areas for added durability. The soft neutral color palette offers a warm and welcoming feel. The spacious eat-in kitchen opens to an extended private deck through beautiful French doors—perfect for indoor-outdoor living. The backyard boasts a large grassy play area and full privacy fencing, ideal for relaxing or entertaining. Enjoy the convenience of walking to the grocery store or public library. Located in highly rated Lewisville ISD and close to shopping, dining, recreation centers, pools, and more.

Investor Tools

Property Icon
$314,000
Estimated Property Value
$0Estimated Mortgage Balance
$314,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,884 /month
Positive
Cash Flow Estimate:
$628 /month

Interested in this property?

Patrick Kocher

Keller Williams Realty-FM

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$551/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,047
$291,894
2025
$66,000
$225,894
$291,894
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,047
$291,894

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$314,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,340/mo
N/A
+$2,340/mo
8.9%

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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4804 Wagner Drive | Property Details | No Agent List