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$415,000

5209 Cole Dr, The Colony, TX, 75056

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,108 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$196.87 / sqft
Year BuiltBuilt in 1976

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

Exterior

Private PoolPrivate Pool
Lot Size6,700 sqft

Building Information

Year Built1976
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR90345
Lot Number12
SubdivisionColony No 7
Land UseResidential
Legal DescriptionCOLONY NO 7 BLK 54 LOT 12
Census Tract021520
Assessed Land Value$60,300
Assessed Improvement Value$344,440
Assessment Year2025

About this property

Charming 3 bedroom, 2 bath home, fully renovated with all the latest trending finishes! This inviting property boasts a sparkling pool, and a spacious backyard featuring a large storage shed for added convenience. Located on a peaceful street, the home also offers a large bonus room that can easily serve as a game room or a 4th bedroom with a closet, providing versatile living space to suit your needs. Beautiful flooring flows throughout the home, and mature trees enhance the outdoor ambiance. Plus, you'll be just around the corner from scenic hike and bike trails, offering endless opportunities for outdoor adventure. A perfect blend of comfort, style, and location! The Colony has the perfect small town feel nestled in a bustling city. Minutes from excellent schools, shopping, dining, entertainment and amazing venues like Grandscape, The Star, and Legacy West..

Investor Tools

Property Icon
$404,740
Estimated Property Value
$0Estimated Mortgage Balance
$404,740Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,490 /month
Positive
Cash Flow Estimate:
$830 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$707/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,463
$404,740
2025
$60,300
$344,440
$404,740
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,463
$404,740

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$404,740
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
6.9%

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.

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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5209 Cole Dr | Property Details | No Agent List