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$525,000

5013 Ridgecrest Drive, The Colony, TX, 75056

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,920 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$179.79 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal
FlooringCeramic Tile, Combination, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesAwning(s), Lighting
Lot Size8,333 sqft

Building Information

Year Built1992
Stories2
Roof Type105
Garage Spaces1

Land Information

APNR164026
Lot Number21
SubdivisionLake Ridge Estates (Lewisville)
Land UseResidential
Legal DescriptionLAKE RIDGE ESTATES (LEWISVILLE) BLK D LOT 21
Census Tract021518
Assessed Land Value$83,310
Assessed Improvement Value$479,708
Assessment Year2025

About this property

Welcome to your dream retreat! This stunning, motivated-seller property offers a rare combination of luxury, space, and effortless living. With NO carpet and NO HOA, you'll enjoy both style and freedom from the moment you step inside. The home boasts a beautiful brick exterior and a neutral, formal interior that is move-in ready. The heart of the home is an island kitchen featuring elegant granite countertops, tile flooring, gas cooking, and an abundance of cabinet and counter space. The adjacent eat-in area is flooded with natural light from charming bay windows. The primary suite is a true sanctuary, offering a spa-like ensuite bath complete with a jetted tub, a separate shower, and a double vanity. Upstairs, you'll find a versatile game room (easily convertible into a 5th bedroom) alongside three additional bedrooms. A large laundry room with cabinets, a sink, and space for a refrigerator adds everyday convenience. Step outside to your private oasis: a covered back patio perfect for relaxing by the sparkling pool. Located conveniently near Lake Lewisville and Highway 121, you'll have quick access to premier shopping and dining. Don't miss this incredible opportunity to own a home that has it all!

Investor Tools

$401,082Estimated Mortgage Balance
$161,936Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,378 /month
Positive
Cash Flow Estimate:
$1,126 /month

Interested in this property?

Leeanne Pritchard

RE/MAX Dallas Suburbs

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$996/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,135
$563,018
2025
$83,310
$479,708
$563,018
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,135
$563,018

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gsb Mortgage Inc
Conventional
$432,750
No
First
Jul 5, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$401,082
$161,936
28%
71%
$2,595/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,340/mo
$2,595/mo
$-255/mo
5.0%

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.

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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5013 Ridgecrest Drive | Property Details | No Agent List