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$338,000

NAL Estimated Property Value

5856 Stone Mountain Road, The Colony, TX, 75056

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,289 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$184.25 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2.5Bathrooms Full 2.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size2,500 sqft

Building Information

Year Built2007
Stories2
Roof Type105
Garage Spaces1

Land Information

APNR307526
Lot Number22
SubdivisionThe Cascades At The Legends Ph 1-B
Land UseResidential
Legal DescriptionTHE CASCADES AT THE LEGENDS PH 1-B BLK D LOT 22
Census Tract021532
Assessed Land Value$67,500
Assessed Improvement Value$238,510
Assessment Year2025

About this property

Investor only due to tenant occupied until June 20th 2021!Outstanding Townhome in Prime Location, This 2 bed townhome with 2.5 baths in The Colony off Highway 121. Close to entertaining and shopping! Upgraded with SS appliances, refrigerator, washer, dryer all included and in as-is condition. Neutral colors with upgraded carpeting. Large 2 beds and 2 baths up with a built-in desk. Half bath downstairs for guests. Nice covered patio and small fenced in backyard. Large two car garage. Close to the community pool.

Investor Tools

Property Icon
$338,000
Estimated Property Value
$0Estimated Mortgage Balance
$338,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,028 /month
Positive
Cash Flow Estimate:
$676 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$641/month
$525/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,003
$306,010
2025
$67,500
$238,510
$306,010
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,003
$306,010

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$338,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,860/mo
$525/mo
+$1,335/mo
6.6%

City: The Colony