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$358,216

NAL Estimated Property Value

5616 Treese St, The Colony, TX, 75056

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,892 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$169.13 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

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

Exterior

Lot Size6,821 sqft

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR01722
Lot Number38
SubdivisionColony No 21
Land UseResidential
Legal DescriptionCOLONY NO 21 BLK 149 LOT 38
Census Tract021533
Assessed Land Value$81,840
Assessed Improvement Value$280,353
Assessment Year2025

About this property

This well-maintained North Colony home features two spacious living areas with laminate wood flooring and beautiful wood trim throughout. The inviting kitchen offers a smooth-top electric cooktop, custom cabinetry, and sleek black appliances. Curb appeal shines with attractive landscaping, while the backyard is perfect for relaxing or entertaining, featuring an electric stained wood fence and an expanded covered patio. A brand-new roof installed in January 2026 and new flashing on the carport and back porch. Ideally located for commuters with quick access to Sam Rayburn Tollway and Dallas North Tollway, this home is also conveniently close to schools and The Colony Swim Center. Enjoy nearby shopping, dining, and entertainment at Grandscape, The Colony’s premier destination for family fun.

Investor Tools

Property Icon
$358,216
Estimated Property Value
$308,015Estimated Mortgage Balance
$50,201Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,149 /month
Positive
Cash Flow Estimate:
$716 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$557/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,893
$358,216
2025
$81,840
$280,353
$362,193
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,893
$358,216

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Credit Line (Revolving) / Heloc
$57,010
No
First
Sep 2, 2022
Oct 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$308,015
$50,201
14%
86%
$1,877/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,340/mo
$1,877/mo
+$463/mo
7.8%

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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5616 Treese St | Property Details | No Agent List