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$359,000

NAL Estimated Property Value

5025 Wheeler Circle, The Colony, TX, 75056

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,711 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$233.78 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

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
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Private Yard, Storage
Lot Size6,700 sqft

Building Information

Year Built1977
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR10210
Lot Number95
SubdivisionColony No 15
Land UseResidential
Legal DescriptionCOLONY NO 15 BLK 103 LOT 95
Census Tract021521
Assessed Land Value$67,000
Assessed Improvement Value$225,642
Assessment Year2025

About this property

MOVE-IN READY with designer upgrades throughout in the heart of The Colony! This beautifully updated home offers a stylish blend of modern finishes and comfortable living spaces. The fully remodeled kitchen features custom cabinetry, quartz countertops, updated sink, LED lighting, new garbage disposal, and an open layout ideal for entertaining. The spacious living room is highlighted by a custom fireplace mantle, built-in shelving, updated electrical and coax wiring for TV setup, and a new ceiling fan creating a warm and inviting focal point. The luxurious primary bath renovation includes imported Italian honed marble flooring, Spanish shower tile, Delta fixtures, new vanity, updated lighting, and a new toilet for a spa-inspired feel. Additional updates include an upgraded electrical panel, new switches and outlets throughout, new interior doors and trim, whole-house interior paint, wallpaper accent at entry, and new fans in secondary bedrooms and new carpet in bedroom 3. Enjoy a functional floor plan, abundant storage, and a prime location near Grandscape, Lake Lewisville, shopping, dining, entertainment, and major commuter routes. A beautifully upgraded home with thoughtful improvements already completed—ready for its next owner to enjoy!

Investor Tools

Property Icon
$359,000
Estimated Property Value
$309,956Estimated Mortgage Balance
$49,044Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,400 /month
Positive
Cash Flow Estimate:
$800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$482/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,993
$292,642
2025
$67,000
$225,642
$292,642
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,993
$292,642

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Cu
Conventional
$328,000
No
First
Jun 28, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$309,956
$49,044
13%
86%
$1,967/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,340/mo
$1,967/mo
+$373/mo
7.8%

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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5025 Wheeler Circle | Property Details | No Agent List