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$304,000

NAL Estimated Property Value

5529 Gates Drive, The Colony, TX, 75056

Off MarketInfo
LeaseInfo
Beds3 Beds
Baths2 Bath
Baths1,379 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.56 / sqft
Year BuiltBuilt in 1975

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size6,708 sqft

Building Information

Year Built1975
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR07700
Lot Number4
SubdivisionColony No 11
Land UseResidential
Legal DescriptionCOLONY NO 11 BLK 71 LOT 4
Census Tract021531
Assessed Land Value$67,100
Assessed Improvement Value$212,033
Assessment Year2025

About this property

Recently updated three bedroom, two bath home in The Colony. Modern kitchen includes stainless steel appliances, granite counters and island with additional storage. Open floor plan from kitchen into the living area. Wood burning brick fireplace. Refrigerator included. Home is close to several entertainment, shopping and dining options.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$438/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,736
$279,133
2025
$67,100
$212,033
$279,133
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,736
$279,133

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Summit Funding Inc
Conventional
$199,028
No
First
May 27, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$175,372
$128,628
42%
58%
$1,194/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,340/mo
$1,194/mo
+$1,146/mo
9.2%

City: The Colony

5529 Gates Drive | Property Details | No Agent List