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$297,000

NAL Estimated Property Value

4913 Walker Dr, The Colony, TX, 75056

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,711 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$175.28 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range

Exterior

Lot Size6,708 sqft

Building Information

Year Built1977
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR14576
Lot Number11
SubdivisionColony No 16
Land UseResidential
Legal DescriptionCOLONY NO 16 BLK 102 LOT 11
Census Tract021521
Assessed Land Value$67,100
Assessed Improvement Value$142,752
Assessment Year2025

About this property

Welcome to an incredible opportunity in desirable The Colony! This solidly built home is priced to allow for updates and offers a fantastic chance to build equity while customizing it to your own style. Whether you're looking for your next home or an investment property, the potential here is undeniable. Major updates are already complete, including a new roof (2024) and new water heater, helping reduce immediate expenses and giving peace of mind as you plan cosmetic improvements. Located in one of the fastest-growing areas of North Texas, this home is just minutes from Grandscape, one of the region’s premier destinations for dining, shopping, and entertainment. It’s also a short drive to Nebraska Furniture Mart, a major economic anchor that continues to drive growth, traffic, and property demand throughout The Colony and surrounding communities. Highlights include: • Opportunity to build instant equity with cosmetic updates • Strong rental and resale demand in the area • Proximity to major retail, entertainment, and employment centers • Convenient access to highways and community amenities With strong area growth and key structural updates already in place, this home offers both immediate value and long-term potential. Don’t miss the chance to make it your own and take advantage of everything The Colony has to offer. Buyer to verify all information provided.

Investor Tools

Property Icon
$297,000
Estimated Property Value
$22,715Estimated Mortgage Balance
$274,285Estimated Equity
92% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,799 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$239/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,378
$209,852
2025
$67,100
$142,752
$209,852
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,378
$209,852

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citimortgage Inc
Unknown
$60,700
No
First
Jan 9, 2004
Feb 2014

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$22,715
$274,285
92%
8%
$364/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,340/mo
$364/mo
+$1,976/mo
9.5%

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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4913 Walker Dr | Property Details | No Agent List