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$485,000

5601 Rock Canyon Road, The Colony, TX, 75056

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,271 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$148.27 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Double Oven, Electric Cooktop, Electric Oven, Indoor Grill, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size8,403 sqft

Building Information

Year Built2000
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR214579
Lot Number5
SubdivisionLegend Crest Ph V
Land UseResidential
Legal DescriptionLEGEND CREST PH V BLK V LOT 5
Census Tract021531
Assessed Land Value$123,604
Assessed Improvement Value$416,430
Assessment Year2025

About this property

MULTIPLE OFFERS RECIEVED FINAL AND BEST DUE 9.20 BY NOON. This home has desirable open floor plan featuring kitchen with tons of counters and cabinets, breakfast bar, walk in pantry, and eat in dining area that is open to the spacious living area with vaulted ceilings and wall of windows. One bed and bath, located downstairs for a perfect guest retreat. Upstairs has large master bedroom, game room, and two bedrooms with Jack & Jill bathroom. The backyard has large covered patio, retractable wooden privacy gate, storage shed, and large driveway that leads to 3 car garage. Legend crest offers Community Pools, Playground, Parks & Trails. Conveniently located off Sam Rayburn Tlwy and minutes away from Golf course.

Investor Tools

Property Icon
$540,034
Estimated Property Value
$0Estimated Mortgage Balance
$185,262Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,240 /month
Positive
Cash Flow Estimate:
$1,080 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,022/month
$440/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,567
$540,034
2025
$123,604
$416,430
$540,034
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,567
$540,034

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Synergy One Lending
Conventional
$388,500
No
First
Oct 19, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$354,772
$185,262
34%
66%
$2,330/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,060/mo
$2,770/mo
+$290/mo
6.8%

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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5601 Rock Canyon Road | Property Details | No Agent List