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$374,000

NAL Estimated Property Value

5948 Lost Valley Drive, The Colony, TX, 75056

Off MarketInfo
LeaseInfo
Beds2 Beds
Baths3 Bath
Baths1,629 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.1 / sqft
Year BuiltBuilt in 2009

Highlights

Interior

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

Exterior

Lot Size2,657 sqft

Building Information

Year Built2009
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR584696
Lot Number51
SubdivisionThe Cascades At The Legends Ph 2
Land UseResidential
Legal DescriptionTHE CASCADES AT THE LEGENDS PH 2 BLK J LOT 51
Census Tract021532
Assessed Land Value$71,766
Assessed Improvement Value$287,514
Assessment Year2025

About this property

LARGE, SPACIOUS AND VERY CLEAN EXECUTIVE TOWNHOUSE. Open Floor Plan with abundant Natural Light. Extra Large 15x11 Kitchen with 8 foot long Granite Breakfast Bar, 5 foot Built In Desk in Kitchen, 2 Master Suites upstairs. Private Fenced Backyard. 2 Car Attached Garage, Community Pool. CONVENIENT LOCATION close to Toyota, Nebraska Furniture, Dallas Cowboys Training Facility, Top Golf, Legacy West. At Sam Rayburn (121) Tollway@Dallas Parkway-Tollway, only 20 minutes or miles to DFW Airport or Downtown Dallas. REFRIG,WASHER,DRYER all included if needed.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$737/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,975
$359,280
2025
$71,766
$287,514
$359,280
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,975
$359,280

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$105,000
No
First
Sep 25, 2020
Oct 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$93,475
$280,525
75%
25%
$630/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,860/mo
$630/mo
+$1,230/mo
6.0%

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.

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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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5948 Lost Valley Drive | Property Details | No Agent List