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$316,000

NAL Estimated Property Value

5205 Bartlett Dr, The Colony, TX, 75056

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,460 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$226.03 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Off-Market ListAbsentee OwnerMove-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, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size6,900 sqft

Building Information

Year Built1976
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR90718
Lot Number29
SubdivisionColony No 7
Land UseResidential
Legal DescriptionCOLONY NO 7 BLK 56 LOT 29
Census Tract021520
Assessed Land Value$62,100
Assessed Improvement Value$208,862
Assessment Year2025

About this property

Charming & beautifully updated 3-bedroom, 2-bath gem nestled along the picturesque eastern shoreline of Lake Lewisville in The Colony, TX. The home offers a perfect blend of comfort, style, and convenience. From the moment you step inside, you'll love the bright and airy layout, tasteful finishes, and cozy touches throughout. The open-concept living and dining areas flow seamlessly into a modern kitchen featuring granite countertops, stainless steel appliances, and ample cabinet space—ideal for both everyday living and entertaining. The primary suite offers a private retreat with its own updated en-suite bath, while two additional bedrooms provide flexible space for family, guests, or a home office. Step outside to your own backyard oasis—spacious covered patio, fully fenced, and perfect for gardening, play, or relaxing evenings under the stars. Whether you're hosting a BBQ or enjoying your morning coffee on the patio, this outdoor space truly shines. Located near scenic walking trails, lush green space, and local parks, this home offers the best of both worlds: a quiet, friendly neighborhood feel with nature right at your doorstep, yet close to entertainment scene is anchored by Grandscape with a variety of dining options. The city is served by the award-winning Lewisville Independent School District. This home is a must see. Schedule a touur today

Investor Tools

Property Icon
$316,000
Estimated Property Value
$327,661Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,980 /month
Positive
Cash Flow Estimate:
$660 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$613/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,779
$270,962
2025
$62,100
$208,862
$270,962
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,779
$270,962

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Bank
Fha
$323,819
Yes
First
May 23, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$327,661
N/A
0%
104%
$2,001/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,340/mo
$2,001/mo
+$339/mo
8.9%

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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5205 Bartlett Dr | Property Details | No Agent List