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$320,000

5237 Aztec Dr, The Colony, TX, 75056

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,335 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$239.7 / sqft
Year BuiltBuilt in 1974

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
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size7,131 sqft

Building Information

Year Built1974
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR00368
Lot Number26
SubdivisionColony No 5
Land UseResidential
Legal DescriptionCOLONY NO 5 BLK 38 LOT 26
Census Tract021530
Assessed Land Value$71,300
Assessed Improvement Value$209,450
Assessment Year2025

About this property

Ready to move into this adorable home conveniently located near 121! With NO HOA, this property offers freedom and flexibility in an unbeatable location near NFM, Grandscape, Hawaiian Falls, and plenty of shopping and dining options. The home features a unique 1.5-car garage—larger than a single-car garage but smaller than a full two-car garage—providing extra storage or workspace. The backyard is a standout with a 16x10 storage building and a 21x10 covered patio, perfect for entertaining or enjoying a quiet evening outdoors. Inside, the cozy open floor plan welcomes you with freshly painted cabinets, making the kitchen pop, and a spacious layout that feels warm and inviting. The large backyard, surrounded by a freshly stained fence, provides the perfect space for outdoor activities or relaxation. This charming home is move-in ready and offers all the comfort and convenience you could want in a fantastic location! Don't miss out on this gem!

Investor Tools

Property Icon
$291,000
Estimated Property Value
$304,385Estimated Mortgage Balance
$0Estimated Equity
-5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,920 /month
Positive
Cash Flow Estimate:
$640 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$618/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,961
$280,750
2025
$71,300
$209,450
$280,750
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,961
$280,750

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Mortgage Bank
Fha
$304,385
Yes
First
Apr 11, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$298,569
N/A
0%
103%
$1,825/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,340/mo
$1,825/mo
+$515/mo
9.6%

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.

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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5237 Aztec Dr | Property Details | No Agent List