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$301,000

NAL Estimated Property Value

5016 Griffin Dr, The Colony, TX, 75056

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,381 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$224.48 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Off-Market ListAbsentee 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, Plumbed For Ice Maker
FlooringLaminate

Exterior

Exterior FeaturesRain Gutters
Lot Size7,131 sqft

Building Information

Year Built1974
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR90920
Lot Number21
SubdivisionColony No 7
Land UseResidential
Legal DescriptionCOLONY NO 7 BLK 57 LOT 21
Census Tract021520
Assessed Land Value$64,170
Assessed Improvement Value$188,259
Assessment Year2025

About this property

MULTIPLE OFFERS** Best and Final offers due no later than Friday, 8-19, 5 pm. *** You'll love the freshly painted interior and exterior, the brand new garage door, and the recently replaced fence surrounding the generous back yard of this home. Imagine the adorable setting you can create in the spacious living area around the cozy wood-burning fireplace. With luxury vinyl plank flooring throughout the entire home, the options are limitless as you add your personal design to this charming home. Just minutes from 121 SRT, your commute to anywhere in the metroplex is a breeze. This home offers amazing energy efficiency with recently added solar panel system - a $26K value! Information and usage instructions provided to the lucky new owner! Hurry and schedule your showing today!

Investor Tools

Property Icon
$301,000
Estimated Property Value
$0Estimated Mortgage Balance
$301,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,860 /month
Positive
Cash Flow Estimate:
$620 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$579/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,440
$252,429
2025
$64,170
$188,259
$252,429
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,440
$252,429

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$301,000
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
9.3%

City: The Colony

5016 Griffin Dr | Property Details | No Agent List