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$419,265

NAL Estimated Property Value

5641 Usher Street, The Colony, TX, 75056

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,208 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$126.36 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters
Lot Size9,348 sqft

Building Information

Year Built1980
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR02036
Lot Number11
SubdivisionColony No 21
Land UseResidential
Legal DescriptionCOLONY NO 21 BLK 154A LOT 11
Census Tract021533
Assessed Land Value$89,700
Assessed Improvement Value$340,502
Assessment Year2025

About this property

Corner lot with great curb appeal! Come see this spacious 4 bedroom home boasting a huge kitchen that opens to the living room and den areas. The kitchen features granite counter tops, stainless steel appliances and comes with a SS refrigerator. The den has a large wood burning fireplace with skylights in the vaulted ceiling for natural lighting. The bedrooms are spacious and both bathrooms have been remodeled. Large backyard with an open stone patio for relaxing outside. Don't let this one slip away!

Investor Tools

Property Icon
$419,265
Estimated Property Value
$226,895Estimated Mortgage Balance
$192,370Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,516 /month
Positive
Cash Flow Estimate:
$839 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$691/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,194
$419,265
2025
$89,700
$340,502
$430,202
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,194
$419,265

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Volkert Family Trust
Unknown
$257,500
No
First
Apr 7, 2020
Apr 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$226,895
$192,370
45%
54%
$1,544/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,060/mo
$1,544/mo
+$1,516/mo
8.8%

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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5641 Usher Street | Property Details | No Agent List