When was property at 5160 Reed Drive built and last sold?

The property at 5160 Reed Drive was built in 1978 and last sold on May 26, 2009 for $124,400.

How much is this home worth?

The estimated value of the home located at 5160 Reed Drive is $405,064.

What are some comparable homes to 5160 Reed Drive?

There are currently no comparable homes to 5160 Reed Drive.

The Colony

75056

5160 Reed Drive

Sold on Aug 31, 2026

Map

$399,900

● House - Off Market

5160 Reed Drive

The Colony, TX 75056

3 Beds

2 Baths

1,946 Ft²

$1,964

Est. Monthly

About This Property

Welcome home to this beautifully maintained 3-bedroom, 2-bath home in the heart of The Colony, where comfort, style, and entertainment come together effortlessly. Step inside to an inviting open-concept layout filled with abundant natural light, spacious living areas, and a cozy fireplace that creates the perfect gathering space. The updated kitchen features rich cabinetry, stainless steel appliances, a gas range, ample counter space, and a seamless flow into the dining and living areas. A spacious game room complete with a built-in bar offers the ultimate space for hosting friends, family gatherings, or game nights. Step outside and discover your own private backyard retreat. Enjoy the sparkling pool with a tranquil rock waterfall, unwind in the spa, or relax under the covered patio while enjoying your outdoor oasis. Ideally located just minutes from Grandscape, WorldSprings, Topgolf, Hawaiian Waters, premier shopping, dining, and major highways, this exceptional home offers the perfect blend of convenience, recreation, and everyday comfort. Don't miss the opportunity to make this incredible home yours!

Unit Size

1,946 Ft²

Days on Market

Land Size

0.19 acres

Price per sqft

$206

Property Type

House

Property Taxes

HOA Dues

Year Built

1978

Payment Calculator

Cap Rate Calculator

Last updated: 3 months ago (NTREIS #21338260)

Price History

Date / Event	Date	Event
Aug 31, 2026	Sold	Premium
Sold
Aug 4, 2026	In contract	-
In contract
Jul 29, 2026	Listed by EXP REALTY	$399,900
Listed by EXP REALTY

Property Highlights

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1978

Effective Year Built: 1995
Building Count: 2
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Building Condition: 3
Building Quality: 0
Construction Type: 0
Building Style: 0
Exterior Walls Type: 3
Interior Walls Type: 3
Roof Shape Type: 1
Roof Cover Type: 3
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 441
Parking Space Count: 2
Patio Type: 59
Porch Type: 102
Pool Type: 8

Dimensions

Lot Size Square Feet: 8,122

Lot Size Depth Feet: 1,310
Lot Size Frontage Feet: 620
Total Building Area: 2,387
Gross Building Area: 2,387
Building Area: 1,946
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 3
Heated Square Feet: 1,946
Heating Fuel Type: 3

Utilities

Sewer System: 5

Water Service: 6

Building

Building Type: 0

Property Class: R
Subdivision: COLONY NO 18
Land Acres: 0000000187
Standard Land Use Code: 1001
County Land Use Code: A1
State Land Use Code: A1
Legal Description 1: COLONY NO 18 BLK 123 LOT 32

Neighborhood

School District Name: Lewisville Independent School District

Census Tract: 021521

Geography

Assessors Map Reference: 599-F

Parcel: R90267
Block: 123
Lot: 32
Municipality: CITY OF THE COLONY
Latitude: 33.102
Longitude: -96.8801

Address

Full Address: 5160 Reed Dr

Address - House Number: 5160
Address - Street Name: Reed
Address - Suffix Type: Dr
State: TX
City Name: The Colony
Carrier Code: C027
4-Digit Zip Code: 1213
Zip Code: 75056

Valuation

Tax

Tax Year: 2023

Tax Amount: $590,717
Tax Rate Code Area: S09

Appraisal Valuation

Standard Deviation: 0.1889

Valuation Date: Apr 03, 2024
Confidence Score: 75
Final Value: 401,325
High Value: 477,160
Low Value: 325,491

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $359,932

Market Land Value: $87,366
Market Improvement Value: $272,566

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $301,450
Assessed Land Value: $87,366
Assessed Improvements Value: $272,566

Exemptions

Senior Citizen Exemption : Yes

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: May 26, 2009

Current Sale Recording Date: Jun 04, 2009
Current Sale Price:

Premium
Current Sale Document Type: 70
Current Sale Input Document Number: 2009-067189

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About The Colony

Stats & Trends

Median Asking:

$459,950

Sale Price/ft²

$220

Below Asking

0.02%

Average Days on Market

Average Home Size

2494 ft²

Average Home Age

25.7 years

Currently For Sale

135 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 4412 Hale Street, The Colony, TX, 75056

$2,050 /mo

4 Beds
2 Baths
1,762 ft²

4412 Hale Street, The Colony, TX, 75056 Listing by Julie Doniger

Unit for rent at 5608 Terry Street, The Colony, TX, 75056

$2,425 /mo

4 Beds
2 Baths
1,880 ft²

5608 Terry Street, The Colony, TX, 75056 Listing by Sabrina Bell

Unit for rent at 5620 Treese Street, The Colony, TX, 75056

$2,250 /mo

3 Beds
2 Baths
1,703 ft²

5620 Treese Street, The Colony, TX, 75056 Listing by Courtney Lawless

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: James Sharp, EXP REALTY
Last Updated: 3 months ago
Data Source: NTREIS MLS, MLS# 21338260
Details provided by NTREIS and may not match the public record