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$385,000

$392,500

5720 Treese St, The Colony, TX, 75056

On MarketInfo
Just AddedInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,744 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$220.76 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven
FlooringTile, Vinyl

Exterior

Lot Size8,250 sqft

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR01706
Lot Number22
SubdivisionColony No 21
Land UseResidential
Legal DescriptionCOLONY NO 21 BLK 149 LOT 22
Census Tract021533
Assessed Land Value$86,400
Assessed Improvement Value$286,962
Assessment Year2025

About this property

Welcome to this move-in ready 3-bedroom, 2-bathroom single-story home situated on a desirable corner lot. Bright and inviting, the spacious open-concept floor plan offers comfortable everyday living and effortless entertaining. The updated kitchen and bathrooms provide modern style and functionality, while abundant natural light enhances the home's warm and welcoming feel. Recent improvements include energy efficient windows, French doors leading to the patio, an updated range hood, a new front door, a new garage door, a water heater that is just two years old, and an AC unit installed last year. The home also features color-changing exterior eave lights, adding year-round curb appeal and customizable lighting for holidays, special occasions, or everyday enjoyment. The screen projector will convey with the home, adding extra value for movie nights and entertaining. Ideally located with easy access to major highways, this home is just minutes from the shopping, dining, and entertainment destinations of Grandscape, Legacy West, The Star, and Toyota headquarters. The area's appeal continues to grow with a new Costco coming soon just minutes away. Enjoy nearby outdoor recreation at Lewisville Lake while still being close to everything North Texas has to offer. This well-maintained home combines convenience, comfort, and an unbeatable location.

Investor Tools

$260,658Estimated Mortgage Balance
$134,417Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,364 /month
Positive
Cash Flow Estimate:
$788 /month

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Lily Moore

Lily Moore Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$618/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$373,292
2025
$86,400
$286,962
$373,362
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$373,292

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Low Va Rates Llc
Va
$254,372
Yes
First
Dec 30, 2019
Feb 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$260,658
$112,634
30%
66%
$1,766/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,340/mo
$1,766/mo
+$574/mo
7.1%

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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5720 Treese St | Property Details | No Agent List