When was property at 5168 Reed Drive built and last sold?

The property at 5168 Reed Drive was built in 1978 and last sold on Nov 3, 2021 for $0.

How much is this home worth?

The estimated value of the home located at 5168 Reed Drive is $0.

What are some comparable homes to 5168 Reed Drive?

There are currently no comparable homes to 5168 Reed Drive.

The Colony

75056

5168 Reed Drive

$420,000

● House - Off Market

5168 Reed Drive

The Colony, TX 75056

3 Beds

0 Bath

1,861 Ft²

$2,063

Est. Monthly

About This Property

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!

Unit Size

1,861 Ft²

Days on Market

Land Size

0.22 acres

Price per sqft

$226

Property Type

House

Property Taxes

HOA Dues

Year Built

1978

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (NTREIS #20569134)

Price History

Date / Event	Date	Event
May 22, 2024	Sold	Premium
Sold
Mar 25, 2024	Listed by Better Homes and Gardens Real Estate, Winans	$420,000
Listed by Better Homes and Gardens Real Estate, Winans

Property Highlights

Garage

Fireplace

Building Info

Overview

General

Year Built: 1978

Effective Year Built: 1995
Building Count: 1
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: 428
Parking Space Count: 2
Patio Type: 59
Porch Type: 102
Pool Type: 0

Dimensions

Lot Size Square Feet: 9,702

Lot Size Depth Feet: 1,540
Lot Size Frontage Feet: 630
Total Building Area: 2,309
Gross Building Area: 2,309
Building Area: 1,881
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 3
Heated Square Feet: 1,881
Heating Fuel Type: 3

Utilities

Sewer System: 5

Water Service: 6

Building

Building Type: 0

Property Class: R
Subdivision: COLONY NO 18
Land Acres: 0000000223
Standard Land Use Code: 1001
County Land Use Code: A1
State Land Use Code: A1
Legal Description 1: COLONY NO 18 BLK 123 LOT 34

Neighborhood

School District Name: Lewisville Independent School District

Census Tract: 021521

Geography

Assessors Map Reference: 599-F

Parcel: R90321
Block: 123
Lot: 34
Municipality: CITY OF THE COLONY
Latitude: 33.1021
Longitude: -96.8796

Address

Full Address: 5168 Reed Dr

Address - House Number: 5168
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: $381,864
Tax Rate Code Area: S09

Appraisal Valuation

Standard Deviation: 0.2097

Valuation Date: Mar 20, 2024
Confidence Score: 71
Final Value: 316,902
High Value: 383,374
Low Value: 250,430

Market Valuation

Market Total Value: $194,870

Market Land Value: $92,106
Market Improvement Value: $102,764

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $194,870
Assessed Land Value: $92,106
Assessed Improvements Value: $102,764

Sales

Current Sale Contract Date: Nov 03, 2021

Current Sale Recording Date: Nov 04, 2021
Current Sale Document Type: 71
Current Sale Input Document Number: 2021-203737
Previous Sale Recording Date: Jul 20, 2009
Previous Sale Contract Date: Jul 14, 2009
Previous Sale Amount: $128,400
Previous Sale Document Type: 70

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium
Previous Mortgage Loan Type:

Premium
Previous 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:

$461,600

Sale Price/ft²

$220

Below Asking

0.02%

Average Days on Market

Average Home Size

2492 ft²

Average Home Age

25.8 years

Currently For Sale

133 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 5640 Truitt Street, The Colony, TX, 75056

$2,400 /mo

3 Beds
2 Baths
1,711 ft²

5640 Truitt Street, The Colony, TX, 75056 Listing by Paiam Mashayekhi

Unit for rent at 5708 Perrin Street, The Colony, TX, 75056

$2,500 /mo

3 Beds
2 Baths
1,076 ft²

5708 Perrin Street, The Colony, TX, 75056 Listing by Chainey Ramirez

Unit for rent at 5229 Nash Drive, The Colony, TX, 75056

$2,500 /mo

3 Beds
2 Baths
1,335 ft²

5229 Nash Drive, The Colony, TX, 75056 Listing by Carrie Deraps

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: John Pham, Better Homes and Gardens Real Estate, Winans
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20569134
Details provided by NTREIS and may not match the public record

5168 Reed Drive

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About The Colony

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions