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$699,990

$725,000

5621 Evans Road, The Colony, TX, 75056

Under ContractInfo
Price DropInfo
Beds4 Beds
Baths3 Bath
Baths2,595 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$269.75 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Water Heater, Gas Cooktop
FlooringCarpet, Tile

Exterior

Exterior FeaturesPrivate Yard
Lot Size5,445 sqft

Building Information

Year Built2023
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR1003614
Lot Number1
SubdivisionCamey Place
Land UseResidential
Legal DescriptionCAMEY PLACE BLK A LOT 1
Census Tract021531
Assessed Land Value$174,012
Assessed Improvement Value$504,575
Assessment Year2025

About this property

Beautifully upgraded home on a spacious corner lot in Camey Place offering a functional floorplan, custom finishes, exceptional outdoor living, and proximity to dining and retail while maintaining a neighborhood feel. This 4-bedroom home blends warmth and style with luxury engineered hardwood flooring, soaring ceilings, and an abundance of natural light throughout. Downstairs features an open-concept living area centered around a dramatic 12’ sliding glass door leading to the private backyard patio plus a versatile formal dining or flex space. The chef’s kitchen boasts quartz countertops, upgraded cabinetry, extensive storage, an island with seating, and a breakfast area with custom built-ins. A rare downstairs guest bedroom adds flexibility for visitors or a home office. Upstairs, the spacious primary suite features vaulted ceilings, lots of windows, and a custom accent wall. The spa-like primary bath offers dual vanities, an oversized upgraded shower, and an expansive walk-in closet. Two additional bedrooms, a second living area perfect for a playroom, office, or gym, and an upstairs laundry room complete the second floor. Outside, enjoy two separate private patio areas and plenty of grassy yard ideal for entertaining or relaxing. Unique and notable upgrades include upgraded cabinetry, expanded outdoor living space, the 12’ sliders and the expansive primary shower. Stunning house and unbeatable location- this is a must see!

Investor Tools

Property Icon
$718,000
Estimated Property Value
$0Estimated Mortgage Balance
$214,192Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,308 /month
Positive
Cash Flow Estimate:
$1,436 /month

Interested in this property?

Lauren Baker

Compass RE Texas, LLC.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,243/month
$290/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,331
$678,587
2025
$174,012
$504,575
$678,587
No

Tax History

Year
Tax Paid
Assessed Value
2025
$11,331
$678,587

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Priority Home Mortgage Lp
Conventional
$530,420
No
First
Sep 14, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$503,808
$214,192
29%
70%
$3,181/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,060/mo
$3,471/mo
$-411/mo
5.1%

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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5621 Evans Road | Property Details | No Agent List