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$575,000

5536 Rock Canyon Rd, The Colony, TX, 75056

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,615 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$159.06 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Vented Exhaust Fan, Warming Drawer
FlooringCarpet, Ceramic Tile, Combination, Laminate, Tile, Varies

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting, Private Entrance, Private Yard
Lot Size6,948 sqft

Building Information

Year Built2001
Stories2
Roof Type105
Garage Spaces1

Land Information

APNR232220
Lot Number11
SubdivisionLegend Crest Ph Vi
Land UseResidential
Legal DescriptionLEGEND CREST PH VI BLK T LOT 11
Census Tract021531
Assessed Land Value$111,184
Assessed Improvement Value$463,266
Assessment Year2025

About this property

2ND LARGEST HOUSE FOR SALE IN THE COVETED LEGENDS COMMUNITY AT 3,516 SQFT + HAS A POOL, 5 BEDROOMS, 4 BATHROOMS, MOTORIZED GATE-ENCLOSED BACKYARD, AND A FEW STEPS TO A PARK AND WALKING TRAIL. Priced so you can make this home your own, this impeccably maintained original-owner home has plenty of updates including 16 Seer HVAC replaced in 2024, 30-Year Architectural Shingle Roof in 2018, newer Attic Insulation, 50-Gallon Water Heater in 2017, New Paint inside and out in 2026, Custom Built-ins in the upstairs Bedroom Office, Newer Carpet for Stairs and 2nd Floor, and more. Downstairs has 2 Large Living Areas and one has Vaulted Ceilings with Fireplace and Windows overlooking the Pool and Spa. The kitchen has an Island, 42-inch Cabinets, Pantry, Breakfast Bar, and Kitchen Nook with Surrounding Window Bench Seating. Primary Bedroom on 1st Floor with 2 Walk-in Closets, Bay Window, and Ensuite Bathroom with Corner Soaking Tub, Separate Shower, 2 sinks with Vanity. Upstairs has a 400 sqft Gameroom, 4 Bedrooms, 2 Bathrooms, and plenty of Closet Space. Other features include pegboard walls in Garage, 10-foot ceiling in Garage, Irrigation System, + Laundry Room with space for Freezer. Legends has very low HOA dues, Multiple Parks and Playgrounds, Luxury Community Pool with Adult Pool, and offers easy access to 121, Tollway, Lake Lewisville, Grandscape, Costco, and Hawaiian Waters Waterpark. Vacant and easy to show + Video and 3D Tour are available online.

Investor Tools

Property Icon
$574,450
Estimated Property Value
$65,190Estimated Mortgage Balance
$538,543Estimated Equity
89% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,450 /month
Positive
Cash Flow Estimate:
$1,150 /month

Interested in this property?

Christopher Ohlig

Compass RE Texas, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$986/month
$532/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,963
$574,450
2025
$111,184
$463,266
$574,450
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,963
$574,450

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Americas Wholesale Lender
Unknown
$65,190
No
First
Jun 19, 2003
Jul 2013

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$35,907
$538,543
93%
6%
$511/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,060/mo
$1,043/mo
+$2,017/mo
6.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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5536 Rock Canyon Rd | Property Details | No Agent List