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$588,000

5620 Niagara Rd, The Colony, TX, 75056

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,231 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$2.02 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Ice Maker, Refrigerator

Exterior

Lot Size2,744 sqft

Building Information

Year Built2019
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR702868
Lot Number58
SubdivisionVillage At The Pointe
Land UseResidential
Legal DescriptionVILLAGE AT THE POINTE BLK A LOT 58
Census Tract021530
Assessed Land Value$109,771
Assessed Improvement Value$389,876
Assessment Year2025

About this property

This beautifully fully furnished 3-bedroom, 2.5-bathroom 2 story townhome is perfectly located in a vibrant area, on a corner lot close to everything you need. Just minutes from Grandscape, a hub of exciting entertainment, dining, and shopping options, you’ll have endless choices right at your fingertips. Conveniently located near North Dallas Tollway and Highway 121, commuting is a breeze whether you’re heading into the city or exploring the surrounding areas. Home Features: Fully furnished with modern, stylish décor – move in and feel at home immediately. 3 spacious bedrooms, perfect for families or professionals. 2 full bathrooms and 1 half bath for added convenience. Open concept living and dining areas, great for entertaining. Cozy and comfortable furnishings throughout. Well-appointed kitchen with all essential appliances and cookware. Private outdoor space to relax or enjoy a morning coffee. Full size washer and dryer Attached garage and ample storage space. This corner lot townhome offers the perfect blend of comfort and convenience in a prime location. Ideal for those who want to be close to the best shopping, dining, and entertainment North Dallas has to offer while also having easy access to major highways. Ready to move in! Water bill is covered up to $200 a month then tenets pay any overage. Electric is covered up to $300 a month then tenets pay any overage.

Investor Tools

Property Icon
$588,000
Estimated Property Value
$296,000Estimated Mortgage Balance
$327,725Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,528 /month
Positive
Cash Flow Estimate:
$1,176 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,049/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,651
$499,647
2025
$109,771
$389,876
$499,647
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,651
$499,647

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Conventional
$296,000
No
First
Mar 6, 2020
Apr 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$260,275
$327,725
55%
44%
$1,775/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,340/mo
$1,775/mo
+$565/mo
4.8%

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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