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$289,500

5617 N Colony Boulevard, The Colony, TX, 75056

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,548 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$187.02 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListHigh 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
FlooringCarpet

Exterior

Lot Size6,708 sqft

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR04043
Lot Number51
SubdivisionColony No 22
Land UseResidential
Legal DescriptionCOLONY NO 22 BLK 155 LOT 51
Census Tract021531
Assessed Land Value$70,455
Assessed Improvement Value$265,282
Assessment Year2025

About this property

GORGEOUS, REMODELED 3 BDRM, 2 BA One Story Across the Street from THE COLONY AQUATIC PARK! NEW PAINT, FLOORING, GRANITE COUNTERTOPS - 2021! NEW HVAC - 2018! NEW ROOF - 2017! Spacious LR W WBFP has vaulted ceiling. DR has Door to side courtyard. BK has wainscoting. Beautiful KT has WHITE CABINETS, NEW GRANITE COUNTERTOPS, + SUBWAY TILE BACKSPLASH, Stove + Pantry! Master Bath has dual sinks, new granite countertops, medicine cabinet + tub-shower. Secondary BDRM's share full bath with new granite countertops + tub - shower. WHITE PAINTED CABINETS in Bathrooms! Utility closet. OVERSIZED GARAGE! Large, Fenced back yard. Move In and Enjoy! Absolute Doll House!

Investor Tools

Property Icon
$335,737
Estimated Property Value
$0Estimated Mortgage Balance
$71,714Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,014 /month
Positive
Cash Flow Estimate:
$671 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$683/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,515
$335,737
2025
$70,455
$265,282
$335,737
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,515
$335,737

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Caliber Home Loans Inc
Conventional
$290,225
No
First
Aug 27, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$264,023
$71,714
21%
79%
$1,741/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,340/mo
$1,741/mo
+$599/mo
8.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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5617 N Colony Boulevard | Property Details | No Agent List