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$435,794

5081 Avery Ln, The Colony, TX, 75056

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,030 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.23 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Off-Market ListAbsentee OwnerHigh 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 Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave, Vented Exhaust Fan, Warming Drawer
FlooringCarpet, Ceramic Tile, Laminate, Tile, Varies

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard
Lot Size8,050 sqft

Building Information

Year Built1974
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR93077
Lot Number19
SubdivisionColony No 2
Land UseResidential
Legal DescriptionCOLONY NO 2 BLK 13 LOT 19
Census Tract021530
Assessed Land Value$76,256
Assessed Improvement Value$359,538
Assessment Year2025

About this property

ONE OF A KIND HOME ON CORNER LOT IN THE COLONY. This home is completely remodeled with Laminate Flooring throughout, Carpet in Bedrooms, Custom Wood Accent Walls in Dining and Living Area, updated Modern Lighting Fixtures + Kitchen has White Shaker Cabinets, Granite Countertops, Island, Stainless Steel Appliances, and a Sink overlooking the Side Sitting Area. Light fills the home with 6 Skylights and tons of Windows along the front and East Side. Step into the Large Backyard with Wooden Fence, Garden area, and healthy Lawn. Located one block from South Colony with easy access to Parks, Playgrounds, Shopping, Restaurants, Top Golf, and a few minutes to Lake Lewisville. This is an absolute GEM in The Colony.

Investor Tools

Property Icon
$435,794
Estimated Property Value
$247,500Estimated Mortgage Balance
$212,371Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,615 /month
Positive
Cash Flow Estimate:
$872 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$837/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,860
$435,794
2025
$76,256
$359,538
$435,794
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,860
$435,794

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mid-American Mortgage Inc
Conventional
$247,500
No
First
Apr 15, 2021
May 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$223,423
$212,371
48%
51%
$1,484/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,340/mo
$1,484/mo
+$856/mo
6.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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5081 Avery Ln | Property Details | No Agent List