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$325,000

5433 Waterwood Court, The Colony, TX, 75056

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,469 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$131.63 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile

Exterior

Lot Size7,518 sqft

Building Information

Year Built2002
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR232277
Lot Number77
SubdivisionLegend Trails Ph Iii
Land UseResidential
Legal DescriptionLEGEND TRAILS PH III BLK I LOT 77
Census Tract021530
Assessed Land Value$105,872
Assessed Improvement Value$381,701
Assessment Year2025

About this property

Charming 4 bedroom 2 and half baths 2 car garage in Legends Trails sub-division. Home is at the end of a culdesac and adjacent to a greenbelt, so the yard is oversized compared to other homes in this area. Fully renovated and move in ready. Fresh paint, new carpet, new granite, new backsplash, new Frigidaire appliances, and all needed repairs and maintenance completed to make it move in ready. Gas cooktop is on order. Master is up. No full bath on first floor. Home is in the center of one of the fastest growing areas of north Texas with countless dining and entertainment options minutes away. Don't miss out!

Investor Tools

Property Icon
$487,573
Estimated Property Value
$0Estimated Mortgage Balance
$194,465Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,925 /month
Positive
Cash Flow Estimate:
$975 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$877/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,087
$487,573
2025
$105,872
$381,701
$487,573
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,087
$487,573

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$329,917
Yes
First
Aug 12, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$293,108
$194,465
39%
60%
$1,979/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,060/mo
$2,379/mo
+$681/mo
7.5%

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.

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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5433 Waterwood Court | Property Details | No Agent List