B+

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Owner Contacts

$464,370

NAL Estimated Property Value

6129 Cheyenne Dr, The Colony, TX, 75056

Off Market

3 Beds

3 Bath

2,006 Sq Ft

Single Family Residence

$231.8 / sqft

Built in 2001

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2.5

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Gas Range, Microwave, Double Oven

FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Private Yard

Lot Size4,648 sqft

Building Information

Year Built2001

Stories2

Roof Type105

Garage Spaces2

Land Information

APNR232389

Lot Number28

SubdivisionLegend Trails Ph Iii

Land UseResidential

Legal DescriptionLEGEND TRAILS PH III BLK K LOT 28

Census Tract021530

Assessed Land Value$83,646

Assessed Improvement Value$380,724

Assessment Year2025

About this property

Gorgeous, Updated Home in Legend Trails Convenient to Sam Rayburn Tollway & Walking Distance to Hawaiian Waters! Beautiful Curb Appeal wInviting Front Porch & Mature Landscaping. Inside is Light & Bright wNew Custom Windows Throughout, Updated Paint & Engineered Wood Floors. Large Formal Dining Space could also be an Office! Family Room wDramatic 2 Story Ceiling & Brick Fireplace is Open to the Kitchen wWhite Painted Cabinets, Granite Counters, Stainless Steel App's, Gas Range wDouble Oven & Handy Office Nook! Breakfast Rm has a Slider Door to the Large Covered Patio & Tranquil Backyard. New LVP & Wood on Stairs & 2nd Floor Hallway Leads to 2 Inviting Secondary Bdrms & Bath. Spacious Primary Bdrm has Updated Ensuite Bathroom, wEnlarged Frameless Glass Shower wSeat, Double Vanity Sinks, Open Shelving, New Hardware & Fixtures & Walk-in Closet. Amazing Location wHOA Pools & Playgrounds, Fast Access to Major Highways & Minutes from Grandscape wRestaurants, Shopping & Entertainment Venues!

Investor Tools

$464,370

Estimated Property Value

$442,996Estimated Mortgage Balance

$21,374Estimated Equity

4% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,790 /month

Positive

Cash Flow Estimate:

$930 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$693/month

$440/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,998

$464,370

2025

$83,646

$380,724

$464,370

Tax History

Year

Tax Paid

Assessed Value

2024

$5,998

$464,370

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Strong Home Mortgage Llc

Fha

$456,577

Yes

First

Sep 10, 2024

Oct 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$442,996

$21,374

95%

$2,738/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,340/mo

$3,178/mo

$-838/mo

6.0%

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.

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