
$395,368
NAL Estimated Property Value5840 Clearwater Dr, The Colony, TX, 75056
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About this property
Lewisville ISD! Welcome home to this 3 bedroom, 2.5 bathroom in the Cascades. Walk in and be greeted by tall ceilings and an open living room. Kitchen is a chefs dream featuring stainless steel appliances and granite countertops. Large dining area and half bathroom complete the first floor. Walk upstairs to a huge master bedroom with walk in closet and spacious master bathroom. Two additional large bedrooms, a second full bathroom and laundry complete the upstairs. Brand new carpet throughout the upstairs. Rare spacious backyard with covered patio. No rear neighbors! Minutes from 121-DNT corridor, Nebraska Furniture Mart, Shops at Legacy and the Star in Frisco. MULTIPLE OFFERS RECEIVED. HIGHEST AND BEST BY SUNDAY 4-3 at 5pm.
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Learn About the Market: Opportunity in Texas




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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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