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$1,297,955

NAL Estimated Property Value

8228 Western, The Colony, TX, 75056

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths3,965 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$353.09 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4.5Bathrooms Full 4.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Electric Oven, Ice Maker, Microwave, Double Oven, Tankless Water Heater, Vented Exhaust Fan, Wine Cooler
FlooringCarpet, Hardwood, Tile

Exterior

Exterior FeaturesBalcony, Built-in Barbecue, Rain Gutters
Lot Size7,187 sqft

Building Information

Year Built2020
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR755961
Lot Number7
SubdivisionWestbury At Tribute Phase 3a
Land UseSingle Family Residential Waterfront
Legal DescriptionWESTBURY AT TRIBUTE PHASE 3A BLK L LOT 7
Census Tract021534
Assessed Land Value$595,459
Assessed Improvement Value$702,496
Assessment Year2025

About this property

STUNNING WATERFRONT! Step into a world of sophistication from the moment you open the door to this incredible one-owner home offering great lake views. This opulent home boasts extensive, designer finishes: huge Quartzite island w apron sink, 36” Wolf dual gas range, & 30” wall oven, Sub-Zero built-in kitchen & wine refrigerators, spice rack corbels, wood floors and crown molding throughout, remote controlled Hunter Douglas shades, custom drapes, designer light fixtures, and coffered living room ceiling. Sliders open to backyard paradise w extended patio, pergola, built-in Twin Eagles pellet grill, Mosquito Misters system, remote ctrl screens and prof hardscaping. Primary retreat has beamed cathedral ceilings, spa-like ensuite w freestanding tub & oversized shower. Upstairs, huge game room w lake views, large balcony, 2 add beds w baths & ideal media w wet bar & built-in cabinetry. This property invites you to savor the pleasures of a refined lifestyle surrounded by nature's beauty.

Investor Tools

Property Icon
$1,297,955
Estimated Property Value
$0Estimated Mortgage Balance
$1,297,955Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,400 /month
Positive
Cash Flow Estimate:
$2,800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,860/month
$1,320/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,829
$1,297,955
2025
$595,459
$702,496
$1,297,955
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,829
$1,297,955

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,297,955
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,060/mo
$1,320/mo
+$1,740/mo
2.8%

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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8228 Western | Property Details | No Agent List