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$296,611

NAL Estimated Property Value

5548 Russell Dr, The Colony, TX, 75056

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,335 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$213.48 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Electric Water Heater, Washer
FlooringCarpet, Vinyl

Exterior

Lot Size6,821 sqft

Building Information

Year Built1977
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR01486
Lot Number15
SubdivisionColony No 20
Land UseResidential
Legal DescriptionCOLONY NO 20 BLK 141 LOT 15
Census Tract021533
Assessed Land Value$67,300
Assessed Improvement Value$229,311
Assessment Year2025

About this property

**Charming Retreat in The Colony** Nestled in a tranquil neighborhood of The Colony with NO HOA, this inviting 3-bedroom, 2-bath home offers a perfect blend of modern convenience and cozy charm. Featuring a spacious layout with a 2-car garage, this residence boasts enhanced appeal with recent updates designed for contemporary living including new paint and flooring throughout the entire home!! Step inside to discover an inviting open-concept interior that exudes warmth and comfort. Light and bright, the expansive living area showcases large windows that flood the space with natural light, creating an ideal setting for relaxation or entertaining. The updated kitchen is a culinary enthusiast’s dream, featuring sleek granite countertops, custom cabinetry, and state-of-the-art stainless-steel appliances. An adjacent dining area flows seamlessly from the kitchen, enhancing the space's functionality and aesthetic appeal. The home’s three generously sized bedrooms provide peaceful retreats for every member of the household. The primary suite offers a serene escape with a private ensuite bath, complete with modern fixtures and a spacious layout. The additional two bedrooms are equally inviting, sharing access to a stylish second full bathroom. Step outside to appreciate the property's expertly cleared flower beds, showcasing the home's curb appeal. The large backyard presents endless possibilities for recreation and relaxation, whether enjoying a quiet evening under the stars or hosting social gatherings with friends. With its prime location in The Colony, you are moments away from local amenities, shopping, dining, and recreational opportunities. This home delivers an exceptional lifestyle suited for both leisurely living and lively entertaining, making it a must-see property. Experience the perfect blend of comfort and sophistication in this beautifully maintained residence. Washer, dryer and fridge convey with the home!!

Investor Tools

Property Icon
$296,611
Estimated Property Value
$192,066Estimated Mortgage Balance
$104,545Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,780 /month
Positive
Cash Flow Estimate:
$593 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$463/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,068
$296,611
2025
$67,300
$229,311
$296,611
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,068
$296,611

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Trust Cu
Conventional
$224,675
No
First
Apr 18, 2019
May 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$192,066
$109,934
36%
65%
$1,348/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,340/mo
$1,348/mo
+$992/mo
9.5%

Learn About the Market: Opportunity in Texas

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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.

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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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5548 Russell Dr | Property Details | No Agent List