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$310,000

NAL Estimated Property Value

5545 Rutledge Drive, The Colony, TX, 75056

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,433 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$161.9 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Plumbed For Ice Maker
FlooringCeramic Tile

Exterior

Lot Size5,850 sqft

Building Information

Year Built1978
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR01189
Lot Number27
SubdivisionColony No 20
Land UseResidential
Legal DescriptionCOLONY NO 20 BLK 137 LOT 27
Census Tract021533
Assessed Land Value$58,500
Assessed Improvement Value$250,558
Assessment Year2025

About this property

Freshly-painted adorable home in great neighborhood! 3 bed, 2 bath, 2 car garage with ceramic plank throughout! Spacious bedrooms w ceiling fans. Great kitchen-living combination with recessed lighting that is great for entertaining! Disposal recently replaced in kitchen. Huge brick fireplace in the corner of the living room makes everything so cozy! Master has a spacious shower & new vanity, & the 2nd bath has a nice tub & shower combo w new vanity. Backyard has a long covered patio w a sliding door for added entertainment space. Fence is new. AC is new and still under warranty. Tenant occupied until March 30th. Possession can occur April 1st.

Investor Tools

Property Icon
$310,000
Estimated Property Value
$144,274Estimated Mortgage Balance
$165,726Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,860 /month
Positive
Cash Flow Estimate:
$620 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$633/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,048
$309,058
2025
$58,500
$250,558
$309,058
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,048
$309,058

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Bank
Fha
$181,649
Yes
First
Aug 25, 2016
Sep 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$144,274
$165,726
53%
47%
$1,090/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,340/mo
$1,090/mo
+$1,250/mo
9.1%

City: The Colony

5545 Rutledge Drive | Property Details | No Agent List