




$348,900
5500 Slay Dr, The Colony, TX, 75056
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About this property
**LIFETIME TRANSFERABLE WARRANTY** The Colony ISD. Beautiful, recently renovated home that is extremely well-maintained. It features remodeled bathrooms, granite countertops, stainless steel appliances, fixtures, flooring, and backyard improvements. It also comes with a NEW HVAC system, NEW ROOF , garage door opener, and NEW WATER HEATER. There are lots of new updates, especially the costly ones. This charming three-bedroom home in The Colony offers a spacious living room with a corner wood-burning fireplace. The great room sizes come with a large yard for kids and pets to enjoy. You can also enjoy evenings on the in the backyard. The home is in a prime location, just minutes away from The Grandscape's entertainment, restaurants, and shopping! This home will be highly sought after and will not stay on the market for long. Schedule your private showing today. Easy commute to major Highways. The seller is offering concessions for a rate buy-down or closing costs.
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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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