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$351,000

NAL Estimated Property Value

4945 Strickland Ave, The Colony, TX, 75056

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,881 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$217.44 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Lot Size7,013 sqft

Building Information

Year Built1976
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR14603
Lot Number22
SubdivisionColony No 6
Land UseResidential
Legal DescriptionCOLONY NO 6 BLK 40 LOT 22
Census Tract021521
Assessed Land Value$70,150
Assessed Improvement Value$219,850
Assessment Year2025

About this property

In the middle of a quiet, friendly Colony neighborhood sits this inviting and impressive pool home. Why go with one of the soul-less grey-colored interiors of so many re-done homes that will be out of style before the end of the year, when this home has been well-maintained and thoughtfully done to provide a warm, naturally-lit and affordably elegant environment. A perfect home base for your exciting life - comfort, without breaking the bank. The lovely main living room takes advantage of the high ceilings and many windows contrasted by the full masonry fireplace in striking blue-grey accent. The unexpected outdoor niche off the dining room is a perfect spot for morning coffee and some quiet reading. Slip out back for a dip in the secluded pool when the weather is warm. Entertain family and friends from the upgraded kitchen, with the easy and flowing floorplan. Upgraded energy efficient windows, recently installed water heater and HVAC, as well as roof. *** Special no down loan available for community volunteers, making this even more affordable. There's more info available on this amazing program, but not comfortable putting it in the public forum. Call me for the details. As the city of The Colony continues to gentrify and become more and more desired for today's home buyers, this home and neighborhood embody the appeal of establishing oneself in this area: Excellent schools, easy access to delightful hiking trails, lake access, proximity to Legacy West, The Star, and so much more. Take action now to upgrade your life while it's still available.

Investor Tools

Property Icon
$351,000
Estimated Property Value
$0Estimated Mortgage Balance
$351,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,454 /month
Positive
Cash Flow Estimate:
$818 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$577/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,164
$290,000
2025
$70,150
$219,850
$290,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,164
$290,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$351,000
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
8.0%

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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4945 Strickland Ave | Property Details | No Agent List