




$411,859
NAL Estimated Property Value5832 Madison Dr, The Colony, TX, 75056
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About this property
Welcome to your dream home! Brand new, fully renovated, in the heart of the popular city, The Colony. 1 block from Bill Allen Memorial Park, 2 miles from shopping mecca Grandscape, Scheels, Nebraska Furniture Mart and more! While being in a quiet neighborhood, this house features two stories on a corner lot, a sprawling back yard, 2 car garage and a huge master bathroom, and is pet friendly. Rental requirements are as follows. Must have photo ID and valid Social Security Number. Combined monthly income of all applicants at least 2.7x the rent. Positive references from all previous landlords in the past 5 years. A tenant record that is free of evictions and unpaid judgements from previous landlords. Credit score above 650. Background check and income verification. Tenant is responsible for all utilities. Additional charges for lawn care and pest control. Pet fee is half the amount of rent plus an additional $10 a month per rent.
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Learn About the Market: Opportunity in Texas




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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: The Colony
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