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$307,000

NAL Estimated Property Value

5428 Adams Dr, The Colony, TX, 75056

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,339 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.87 / 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 Cooktop, Electric Oven, Electric Range, Electric Water Heater

Exterior

Lot Size6,695 sqft

Building Information

Year Built1974
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR03556
Lot Number29
SubdivisionColony No 14
Land UseResidential
Legal DescriptionCOLONY NO 14 BLK 89 LOT 29
Census Tract021531
Assessed Land Value$66,990
Assessed Improvement Value$190,939
Assessment Year2025

About this property

Step inside this beautifully maintained home located in the heart of The Colony! This charming 3-bedroom 2-bathroom residence offers an ideal blend of comfort, style, and convenience. Inside features a spacious open concept floor plan with abundant natural light, neutral tones, and modern finishes throughout. The living area flows seamlessly into the dining and kitchen spaces - perfect for everyday living or entertaining guests. The kitchen features stainless steel appliances, ample cabinetry, and a breakfast bar for casual dining. Enjoy the Texas evenings in the large backyard ideal for hosting outdoor gatherings or just relaxing. This home is in close proximity to major highway access for an east commute, local parks, shopping, and top-rated schools. Don't miss the opportunity to lease this move-in ready home in a highly desirable area.

Investor Tools

Property Icon
$307,000
Estimated Property Value
$262,144Estimated Mortgage Balance
$44,856Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,842 /month
Positive
Cash Flow Estimate:
$614 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$578/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,404
$257,929
2025
$66,990
$190,939
$257,929
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,404
$257,929

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of England
Conventional
$272,800
No
First
Mar 28, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$262,144
$44,856
14%
85%
$1,636/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,340/mo
$1,636/mo
+$704/mo
9.1%

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: The Colony

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5428 Adams Dr | Property Details | No Agent List