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$2,200

5224 Marks Cir, The Colony, TX, 75056

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,379 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.6 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Vented Exhaust Fan
FlooringVinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size6,700 sqft

Building Information

Year Built1974
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR09912
Lot Number61
SubdivisionColony No 8
Land UseResidential
Legal DescriptionCOLONY NO 8 BLK 58 LOT 61
Census Tract021520
Assessed Land Value$60,300
Assessed Improvement Value$125,964
Assessment Year2025

About this property

Remodeled GEM! One-story three bedroom, two bath home centrally located in The Colony, located at the end of a cul-du-sac! Open living room features a brick wood-burning fireplace. Kitchen has granite counters, stainless steel appliances and a large island. Luxury vinyl plank flooring and fresh paint throughout (September 2026). Both bathrooms updated with new fixtures and tiled showers. Oversized shady back yard.

Investor Tools

$3,862Estimated Mortgage Balance
$277,373Estimated Equity
98% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,686 /month
Positive
Cash Flow Estimate:
$562 /month

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PAUL ILAMI

Denton County Property Managem

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$394/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,326
$186,264
2025
$60,300
$125,964
$186,264
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,326
$186,264

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ctx Mtg
N/A
$52,000
N/A
First
Dec 17, 1997
Jan 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$3,862
$277,138
98%
1%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,340/mo
N/A
+$2,340/mo
10.0%

City: The Colony

5224 Marks Cir | Property Details | No Agent List