1 month on rocket

Sale Pending

5168 Reed Dr, The Colony, TX, 75056

$420,000

Home List Price

$4,988*

Closing Credit

3 Bedrooms
2 Full Baths
1,861 SqFt
$226/SqFt
House
Schools Nearby

Location

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5168 Reed Dr, The Colony$420,000

Buyer Closing Credits

$4,988*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Garage, Garage Door Opener, Garage Faces Rear
Attached Garage2 spaces
Year Built1978
HeatingNatural Gas
CoolingElectric
FireplaceGas
MLS #20569134
Lot Size0.22 Acres
StatusSale Pending
(Pending)

About 5168 Reed Dr

Welcome to your dream home! This stunning 3-bed, 2-bath house has been completely remodeled to meet new building standards, ensuring safety and quality. With new roof framing, decking, shingles, and a modern attic furnace, enjoy peace of mind and efficiency. Step inside to an open-concept layout, perfect for entertaining or relaxing by the gas fireplace. The kitchen boasts a sleek island, quartz countertops, and new appliances with a view of greenery. The primary bedroom offers a luxurious closet and LVP flooring for style and durability. Additional features include an entry bench, tankless water heater, and a garage outlet ready for EV charging installation. Just steps from David Cowan Park, outdoor fun is right at your doorstep for children. This prime location is only 10 minutes from the popular Grandscape development, offering an array of dining, shopping, and entertainment options. Don't miss the chance to call this beautifully renovated house your home sweet home!

Property Details

Property Features

Property Information:

  • Architectural Style: Detached
  • Year Built: 1978
  • Stories: 1
  • Living Area: 1,861 SqFt

Listing Office:

  • Office Name: Better Homes and Gardens Real Estate, Winans
  • Office Phone: (972) 774-9888
  • Listing Agent: John Pham

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Oven, Gas Range, Microwave, Tankless Water Heater, Vented Exhaust Fan
  • Basement: No
  • Flooring Type: Luxury Vinyl Plank, Tile
  • Interior: Wet Bar, Double Vanity, Kitchen Island, Walk-In Closet(s)
  • Fireplace: Gas

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Driveway, Garage, Garage Door Opener, Garage Faces Rear

Lot Features

Lot Information:

  • Lot: Near Park, Greenbelt
  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Electric

School Info

Assigned Schools Information:

  • The Colony High School, Public District Grades 9-12
  • Griffin Middle School, Public District Grades 6-8
  • B B Owen Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From 423(main)go east on North Colony to Allen go north on Allen and street dead ends into Reed and House backing up to park.

Price Information

Listing Price Info

Price Summary:

  • List Price: $420,000
  • Price Per SqFt: $226/SqFt

Tax Information:

  • Annual Amount: $4,789
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in The Colony, TX.

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The Colony, TX

City

Med. List Price

$499.9K

Med. Price/SqFt

$234

Avg. Days On Market

50

# of Sold Homes

36

5168 Reed Dr vs The Colony

32 DAYS ON ROCKET

-18 Days

$420,000

-$79.9K Less

$226/SqFt

-$9 Less

KEY TAKEAWAY

This property is $79.9K less than the Median List Price and $9/SqFt less than other homes in The Colony, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20569134

Listing Office:

  • Office Name: Better Homes and Gardens Real Estate, Winans
  • Office Phone: (972) 774-9888
  • Listing Agent: John Pham

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 4/27/2024, 4:25:22 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$4,789$228,847
2020$4,788$215,000
2019$4,884$235,000
2018$4,885$212,800
2017$4,191$181,404

History based on county public records data.

Payment Calculator

$2,164

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,326

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1383305
4
/10

  • B B Owen Elementary School

  • 5640 Squires Dr

  • 0.78 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1383306
5
/10

  • Griffin Middle School

  • 5105 N Colony Blvd

  • 0.37 miles

  • Public District Grades 6-8

High School

school-card-donut-1383307
5
/10

  • The Colony High School

  • 4301 Blair Oaks Dr

  • 1.86 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $88,789. Most The Colony, TX residents have annual incomes between $35k-100k. Typical family type is married, with kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5168 Reed Dr

What is the listing price of this property?

The listing price of 5168 Reed Dr property is $420,000.

What type of property is this?

The property 5168 Reed Dr is a house located in The Colony, Texas, 75056.

Is this property for sale now?

Sale Pending: 5168 Reed Dr is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 5168 Reed Dr are:
B B Owen Elementary School: GreatSchools Rating 4/10
Griffin Middle School: GreatSchools Rating 5/10
The Colony High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,789 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5168 Reed Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5168 Reed Dr is 1,861 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5168 Reed Dr is 1978.

Rocket Homes›Texas›Denton County›The Colony›75056›5168 Reed Dr

This home is located at 5168 Reed Dr in The Colony, TX and zip code 75056. This 1,861 square foot home, which was built in 1978, sits on a 0.22 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 26, 2024 and is currently priced at $420,000.

The number of homes for sale in The Colony, TX increased by 6% between February 2024 and March 2024. In March 2024 median list price was $499,997 and the average listing age was 50 days.

From Rocket Homes Real Estate and based on county public records data.

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