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$481,906

NAL Estimated Property Value

5621 Westwood Ln, The Colony, TX, 75056

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,314 Sq Ft
price_per_sqft$194.47 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator, Vented Exhaust Fan
FlooringTile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Private Yard
Lot Size5,885 sqft

Building Information

Year Built2000
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR221252
Lot Number17
SubdivisionLegend Crest Ph Ii
Land UseResidential
Legal DescriptionLEGEND CREST PH II BLK D LOT 17
Census Tract021531
Assessed Land Value$102,953
Assessed Improvement Value$378,953
Assessment Year2025

About this property

Gorgeous 3 BR, 2 full bath and 1 half bath with so much to offer! This updated open floor plan has fresh designer paint, crown molding, custom floor to ceiling fireplace mantel and a huge custom 20X10 covered patio perfect for entertaining and family! Large primary bedroom downstairs with sitting area and ensuite bath and walk in closet. Wonderful kitchen with granite countertops, 42 inch cabinets with built in desk, and breakfast bar. This home features a game room with custom barn doors PLUS a study. This sought after community has two community pools, various parks, and a greenbelt for exercising or walking the dogs. Eating and shopping are down the street at Grandscape and Nebraska Furniture Mart is minutes away. !!!...LOTS OF SHOPPING AND SITES TO SEE...!!

Investor Tools

Property Icon
$481,906
Estimated Property Value
$376,874Estimated Mortgage Balance
$105,032Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,891 /month
Positive
Cash Flow Estimate:
$964 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$859/month
$440/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,904
$481,906
2025
$102,953
$378,953
$481,906
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,904
$481,906

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$399,500
No
First
Apr 20, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$376,874
$105,032
21%
78%
$2,396/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,340/mo
$2,836/mo
$-496/mo
5.8%

City: The Colony