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$533,000

NAL Estimated Property Value

6404 Skyline Dr, The Colony, TX, 75056

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,549 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$217.73 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave
FlooringVinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesStorage
Lot Size7,031 sqft

Building Information

Year Built2000
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR217454
Lot Number9
SubdivisionLegend Bend Ph Ii
Land UseResidential
Legal DescriptionLEGEND BEND PH II BLK D LOT 9
Census Tract021532
Assessed Land Value$94,905
Assessed Improvement Value$425,581
Assessment Year2025

About this property

Don't miss this! Seller is offering a rate buydown that could lower the rate as low as 5.375% or a concession of $8000 at closing. This inviting 4-bedroom red brick home blends timeless curb appeal with modern comfort and plenty of room for entertaining. Step inside to an open-concept layout where a beautifully updated kitchen in soft blue and white sets the tone. With its large island, abundant storage, and stylish finishes, the kitchen flows seamlessly into the spacious living room and cheerful eat-in dining area—each designed to overlook the sparkling backyard pool. A formal dining room offers just the right touch of elegance for special dinners. The heart of the home is the expansive living space, filled with natural light and perfect for both everyday living and lively get-togethers. Upstairs, three comfortable bedrooms, a full bath, and a versatile bonus room provide options for a home office, media retreat, or playroom. The upstairs landing opens to the great room below, adding to the home’s bright, airy feel while keeping everyone connected. Step outside and discover your own private retreat. The large inground pool is surrounded by wide decks and multiple conversation areas, creating the perfect setting for barbecues, poolside parties, or peaceful evenings under the stars. Whether you’re lounging by the water or hosting friends, this backyard is designed to be an extension of your living space. Set in an established neighborhood, this home offers both a welcoming community and easy access to everything The Colony has to offer. In the heart of the Dallas–Fort Worth area, The Colony combines lakeside living with convenience. With miles of shoreline along Lewisville Lake, residents enjoy boating, fishing, and trails, while Grandscape provides premier shopping, dining, and entertainment. From family attractions to championship golf and vibrant nightlife, The Colony makes everyday living feel like a getaway. See private remarks regarding rate buy-down.

Investor Tools

Property Icon
$533,000
Estimated Property Value
$615,014Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,330 /month
Positive
Cash Flow Estimate:
$1,110 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$928/month
$484/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,471
$520,486
2025
$94,905
$425,581
$520,486
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,471
$520,486

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Inc
Credit Line (Revolving) / Heloc
$215,395
No
First
Mar 19, 2018
Apr 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$615,014
N/A
0%
115%
$3,931/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,060/mo
$4,415/mo
$-1,355/mo
6.9%

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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6404 Skyline Dr | Property Details | No Agent List