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Days1903Days on Market
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$3,200

$3,350

5601 Glenview Ln, The Colony, TX, 75056

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths3,083 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.04 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator, Washer
FlooringCeramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters
Lot Size8,259 sqft

Building Information

Year Built2001
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR214534
Lot Number1
SubdivisionLegend Crest Ph V
Land UseResidential
Legal DescriptionLEGEND CREST PH V BLK Q LOT 1
Census Tract021531
Assessed Land Value$123,040
Assessed Improvement Value$452,854
Assessment Year2025

About this property

This spacious corner-lot home offers a thoughtfully designed floor plan, mature trees, and an unbeatable location just minutes from major highways, shopping, dining, and Lake Lewisville. A dramatic two-story foyer with an arched entry welcomes you into the elegant formal dining room. The highly desirable floor plan features a private primary suite, a secondary bedroom with a full bath, and a versatile study with French doors and a closet, all conveniently located on the main level. The spacious living room showcases a stately gas-log fireplace and flows seamlessly into the open kitchen, where dentil-trimmed cabinetry, a gas cooktop, and a bright breakfast nook create the perfect space for everyday living and entertaining. French doors from the breakfast nook provide direct access to the side yard, while the oversized three-car garage offers an additional entrance to the fenced backyard. Upstairs, you'll find a generous game room, providing additional living and entertainment space. Combining a functional layout with the convenience of having the primary suite, guest bedroom, full bath, and study all on the first floor, this home offers exceptional comfort and flexibility for a variety of lifestyles.

Investor Tools

$318,376Estimated Mortgage Balance
$259,382Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,455 /month
Positive
Cash Flow Estimate:
$1,152 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,011/month
$440/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,248
$575,894
2025
$123,040
$452,854
$575,894
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,248
$575,894

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Mortgage Solutions Llc
Conventional
$352,000
No
First
May 6, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$318,376
$257,518
44%
55%
$2,111/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,340/mo
$2,551/mo
$-211/mo
4.9%

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.

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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5601 Glenview Ln | Property Details | No Agent List