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$325,000

5333 Norris Dr, The Colony, TX, 75056

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,726 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$188.3 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters, Private Entrance, Storage, Other
Lot Size8,050 sqft

Building Information

Year Built1974
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR10657
Lot Number1
SubdivisionColony No 8
Land UseResidential
Legal DescriptionCOLONY NO 8 BLK 62 LOT 1
Census Tract021520
Assessed Land Value$66,713
Assessed Improvement Value$205,827
Assessment Year2025

About this property

Modern Updates, Flexible Living, and a Private Workshop in the Heart of The Colony — Freshly updated and move-in ready, this corner-lot home blends modern style with a layout designed for everyday comfort and versatility. The white-painted brick exterior and 2025 roof set the tone for the inviting spaces inside, where every room features refreshed flooring, paint, lighting, hardware, and fixtures. Step into an open living area centered around a wood-burning fireplace, creating a warm focal point for both quiet evenings and casual gatherings. The adjoining kitchen has been modernized with white cabinetry, quartz countertops, stainless appliances, a smooth-top electric range, tile backsplash, and a breakfast bar with seating for four. Clear sightlines into the dining and living areas enhance the home’s easy flow, while updated tile flooring and a sleek vent hood add stylish character. The bedroom spaces are bright and generous, each with neutral finishes and modern ceiling fans. Refreshed baths offer quartz vanities, framed mirrors, updated lighting, and contemporary plumbing fixtures. The primary suite includes a walk-in shower and backyard views. A standout feature is the large guest suite with its own private entrance—ideal for extended living, hosting, or creating a flexible work or studio space. With room for both a sleeping and sitting area plus access to a dedicated full bath with a walk-in shower, it delivers meaningful versatility. Out back, a wide patio expands the lifestyle outdoors, complemented by an 8-foot privacy fence with metal posts and direct access to a metal building equipped with electric and garage doors—perfect for parking, storage, hobbies, or workshop use. Located minutes from schools, shopping, dining, entertainment, and major routes including 121 and Dallas North Tollway, this home pairs convenience with a fully upgraded living experience. Schedule your private showing today and explore what makes this property truly special.

Investor Tools

Property Icon
$319,000
Estimated Property Value
$315,250Estimated Mortgage Balance
$6,036Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$371/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,859
$272,540
2025
$66,713
$205,827
$272,540
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,859
$272,540

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Titus38 Llc
Conventional
$315,250
No
First
Dec 30, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$312,964
$6,036
1%
98%
$1,891/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,340/mo
$1,891/mo
+$449/mo
8.8%

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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5333 Norris Dr | Property Details | No Agent List