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$519,000

5904 Heron Cove Lane, The Colony, TX, 75056

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,132 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$243.43 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Other

Exterior

Lot Size7,475 sqft

Building Information

Year Built1995
Stories2
Garage Spaces2

Land Information

APNR176602
Lot Number9
SubdivisionStewart Peninsula Southshore Ph 1
Land UseResidential
Legal DescriptionSTEWART PENINSULA SOUTHSHORE PH 1 BLK A LOT 9
Census Tract021518
Assessed Land Value$82,225
Assessed Improvement Value$441,775
Assessment Year2025

About this property

Prime location with breathtaking sunset views overlooking Lake Lewisville! This beautifully upgraded 3 bedroom, 2.5 bath residence offers the perfect blend of luxury, comfort, and modern efficiency. From the moment you arrive, you'll be impressed by the striking pivoting iron front door and the home's exceptional curb appeal. Inside, thoughtfully designed living spaces are complemented by extensive upgrades throughout, creating a move in ready home that truly stands apart. Major improvements include a high efficiency 19 SEER Carrier Infinity HVAC system with enhanced filtration and UV light technology, a dedicated mini split HVAC system in the garage, upgraded insulation, quality replacement windows throughout, enhanced UV protection on western facing windows, and a Navien tankless water heater for endless hot water and energy savings. Step outside to your private backyard retreat, designed for year round enjoyment. The fully turfed backyard and side yard provide a low maintenance outdoor oasis, while the expansive covered patio features motorized screens, a fully equipped outdoor kitchen, and plenty of space for entertaining family and friends. Completing the outdoor experience is a stunning modern metal framed horizontal fence with a sleek screwless design that adds both privacy and contemporary style. Offering spectacular lake sunsets, premium upgrades, and exceptional outdoor living, this remarkable home delivers the perfect combination of elegance, functionality, and an unbeatable location.

Investor Tools

$425,895Estimated Mortgage Balance
$98,105Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,144 /month
Positive
Cash Flow Estimate:
$1,048 /month

Interested in this property?

LESTON Eustache

Compass RE Texas, LLC.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$918/month
$313/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,393
$524,000
2025
$82,225
$441,775
$524,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,393
$524,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Integrity Mortgage Corporation Of Texas
Conventional
$445,400
No
First
Jan 4, 2024
Jan 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$425,895
$98,105
18%
81%
$2,671/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,340/mo
$2,984/mo
$-644/mo
5.4%

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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5904 Heron Cove Lane | Property Details | No Agent List