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$328,010

5370 Colbie, Reno, TX, 75462

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,022 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$175.57 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListAbsentee Owner

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, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size8,260 sqft

Building Information

Year Built2007
Garage Spaces1

Land Information

APN403391
Lot Number2
SubdivisionWellington North Phase 1
Land UseResidential
Legal DescriptionWELLINGTON NORTH PHASE 1, BLOCK A, LOT 2
Census Tract000402
Assessed Land Value$28,750
Assessed Improvement Value$299,260
Assessment Year2025

About this property

Step inside this beautiful 1.5-story home nestled just outside of Paris. Once inside, you'll be greeted by a desirable open-concept floor plan, providing an ideal layout for entertaining guests. Gather with friends and family in the warm and inviting living room, highlighted by a cozy wood-burning fireplace and extensive engineered hardwood floors that flow throughout most of the home. Whip up a home-cooked meal in the fully equipped kitchen featuring Maytag stainless steel appliances, granite tile countertops, and breakfast bar seating. Enjoy a quick meal in the breakfast room or gather in the formal dining room, each flowing easily into the kitchen for convenience and ease. The primary bedroom offers ample privacy from the secondary bedrooms and features tray ceilings, a walk-in closet, and an updated en-suite bath. The bath includes dual sinks, granite tile countertops, a relaxing jetted tub, and a large shower, creating a spa-like retreat within your own home. The fourth bedroom is situated on the second floor and could be used as a flex space or game room — the options are endless for how to make it your own. In the backyard, you'll find a fantastic 15x15 workshop with electricity, perfect for hobbies or additional storage. The extended covered patio provides a comfortable outdoor living space, and the ample grassy area offers plenty of room for kids and pets to play.

Investor Tools

Property Icon
$328,010
Estimated Property Value
$248,000Estimated Mortgage Balance
$103,679Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,130 /month
Positive
Cash Flow Estimate:
$710 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$601/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,573
$328,010
2025
$28,750
$299,260
$328,010
No

Tax History

Year
Tax Paid
Assessed Value
2022
$5,573
$328,010

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Federal Community Bank
Conventional
$248,000
No
First
Nov 19, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$224,331
$103,679
31%
68%
$1,080/mo

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: Reno

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5370 Colbie | Property Details | No Agent List