




$520,185
NAL Estimated Property Value5440 Norris Dr, The Colony, TX, 75056
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About this property
Welcome to 5440 Norris Dr in the sought-after Legends community! This single-story gem features 3 bedrooms, 2 bathrooms, and an office space for your convenience. The home offers a fenced, electric gated driveway and a turfed backyard with a pool and spa, perfect for relaxation and entertaining. Inside, enjoy elevated living with a fully updated primary bathroom, a spacious open-plan living area with 2 living spaces, and a gourmet kitchen with stainless steel appliances. Additional highlights include a brand new water heater, pool pump, luxury vinyl plank flooring a roof with solar shielding and gutters installed in 2016, plus extra parking space with an additional driveway slab at the back. Located just 5 minutes from Grandscape and within 7 minutes of Legacy West, this property combines luxury and convenience in a desirable neighborhood.
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: The Colony
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These are Deal List properties graded A+, A.
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