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$799,999

$849,999

8471 Colburn, The Colony, TX, 75056

On MarketInfo
Price DropInfo
Beds4 Beds
Baths4 Bath
Baths2,978 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$268.64 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Tankless Water Heater, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size5,227 sqft

Building Information

Year Built2022
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR990241
Lot Number9
SubdivisionWestbury At Tribute Phase 4
Land UseResidential
Legal DescriptionWESTBURY AT TRIBUTE PHASE 4 BLK CC LOT 9
Census Tract021534
Assessed Land Value$135,907
Assessed Improvement Value$530,503
Assessment Year2025

About this property

Beautifully appointed 4-bedroom home in the highly sought-after lakeside community of The Tribute, offering 2,978 square feet of thoughtfully designed living space with elevated modern finishes throughout. Welcome to 8471 Colburn — where a striking entry and rich wood flooring set the tone for a refined yet comfortable interior. The main level is designed for both everyday living and effortless entertaining, featuring a dining area and a spacious living room filled with natural light that flows seamlessly into the kitchen. The kitchen serves as the heart of the home, showcasing a large island, quartz countertops, gas cooktop, premium cabinetry, and modern appliances, all complemented by generous prep space and stylish design. The private primary suite is conveniently located on the first floor, offering a relaxing retreat with a well-appointed ensuite bath and ample closet space. A half bath and utility room add convenience and functionality. Upstairs, a versatile layout includes a large game room and a dedicated media room, creating ideal spaces for entertaining, movie nights, or flexible use. Three additional bedrooms and two full bathrooms provide comfortable accommodations for family, guests, or home office needs. Step outside to a beautifully designed backyard retreat featuring low-maintenance turf for year-round greenery, a custom putting green, and an outdoor kitchen—perfect for hosting gatherings or enjoying outdoor dining in a private setting. Located in The Tribute, residents enjoy resort-style amenities including pools, a splash park, dog park, playgrounds, pickleball courts, miles of scenic trails, and lake access. This home combines modern style, functional living, and an exceptional community setting—an outstanding opportunity in The Colony.

Investor Tools

$598,823Estimated Mortgage Balance
$273,238Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,226 /month
Positive
Cash Flow Estimate:
$1,742 /month

Interested in this property?

Nanette Ecklund-Luker

Allie Beth Allman & Associates

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,242/month
$726/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,552
$666,410
2025
$135,907
$530,503
$666,410
No

Tax History

Year
Tax Paid
Assessed Value
2025
$10,552
$666,410

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$640,342
No
First
Dec 20, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$598,823
$272,177
31%
69%
$3,840/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,340/mo
$4,566/mo
$-2,226/mo
3.2%

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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8471 Colburn | Property Details | No Agent List