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$465,000

NAL Estimated Property Value

6612 Alliance Dr, The Colony, TX, 75056

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,047 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$244.26 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave
FlooringTile, Wood

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size6,059 sqft

Building Information

Year Built2002
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR236042
Lot Number5
SubdivisionThe Cedars At Stewart Peninsula
Land UseResidential
Legal DescriptionTHE CEDARS AT STEWART PENINSULA BLK N LOT 5
Census Tract021516
Assessed Land Value$93,899
Assessed Improvement Value$326,004
Assessment Year2025

About this property

Nestled in the highly sought-after Stewart Peninsula community, this beautifully updated 4 Bedroom, 2 Bath home with a Private Office and 2-Car Garage blends comfort and convenience. The cozy living room features a gas fireplace, while the dining room, accented with wainscoting, sets the stage for both casual meals and elegant dinners. The modern kitchen is equipped with stainless steel appliances, granite countertops, a center island, and a breakfast bar—perfect for culinary enthusiasts. Hickory wood floors flow throughout the home—no carpet! The spacious primary suite offers an ensuite bath with dual sinks, a soaking tub, separate shower, and walk-in closet. Three generously sized secondary bedrooms share a fully updated second bath. Step outside to your private backyard complete with a covered patio, firepit, patio furniture, and grill — all included! Ideally located within walking distance to Lake Lewisville and Grandscape's dining and shopping, residents enjoy access to two community pools, playgrounds, scenic walking trails, and a nearby golf course. This home offers a vibrant, active lifestyle with entertainment for all ages! Updates Include: Baths, Light Fixtures & Fans, Flooring, Windows, HVAC, Patio Cover, Fence, Energy Efficient Solar Panels, & Tesla charging station in garage.

Investor Tools

Property Icon
$465,000
Estimated Property Value
$210,000Estimated Mortgage Balance
$255,000Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,000 /month
Positive
Cash Flow Estimate:
$1,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$708/month
$310/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,176
$419,903
2025
$93,899
$326,004
$419,903
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,176
$419,903

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Credit Line (Revolving) / Heloc
$88,500
No
First
Feb 6, 2019
Mar 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$210,000
$255,000
54%
45%
$1,431/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,340/mo
$1,741/mo
+$599/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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6612 Alliance Dr | Property Details | No Agent List