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$457,000

NAL Estimated Property Value

5928 Stone Mountain Rd, The Colony, TX, 75056

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,839 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.36 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size2,627 sqft

Building Information

Year Built2009
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR583908
Lot Number9
SubdivisionThe Cascades At The Legends Ph 2
Land UseResidential
Legal DescriptionTHE CASCADES AT THE LEGENDS PH 2 BLK H LOT 9
Census Tract021532
Assessed Land Value$70,875
Assessed Improvement Value$305,378
Assessment Year2025

About this property

SPECTACULAR CONDO IN GREAT LOCATION WITH 2 CAR GARAGE! Large Kitchen with Tile Floors, Tile Backsplash, Granite Counters, Lots of Cabinets, and Breakfast Bar! Master Bathroom with Separate Tub & Tiled Shower. Other Features Include: Neutral Colors, Decorative Lighting, Living Room and Dining Room with Wood Laminate Flooring, Loft Upstairs that can be used as a Study, and Outside Storage Room. Relax on the Covered Back Patio with Fan and Fenced in Yard Area! Conveniently located to HWY 121 for Tons of Dining and Shopping! Community Features Include Pool and Greenbelt. HURRY!

Investor Tools

Property Icon
$457,000
Estimated Property Value
$0Estimated Mortgage Balance
$457,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,742 /month
Positive
Cash Flow Estimate:
$914 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$801/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,330
$376,253
2025
$70,875
$305,378
$376,253
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,330
$376,253

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$457,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,340/mo
N/A
+$2,340/mo
6.1%

Learn About the Market: Opportunity in Texas

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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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5928 Stone Mountain Rd | Property Details | No Agent List