Check Availability
The Colony 75056
5312 Gates Drive
$360,000
↓ $5K (1.4%)
House - For Sale

5312 Gates Drive

The Colony, TX 75056
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1620 Sqft
$2,142
Estimated Monthly
$0
HOA / Fees
7.42%
Cap Rate

About This Property

UPDATED AND LOCATION LOCATION!!! Perfect for AIRBNB, rental home or homestead. Minutes away from Highway 121, centrally located and closed to everything. Spacious corner lot. New roof, New HVAC with 10 years warranty with new ductwork throughout the house, new flooring, new interior and exterior paint, new fixture, new kitchen cabinets with granite countertop through whole kitchen and bathrooms and many more upgrades! Come check out this turnkey property with corner lot and spacious back yard. New cabinets in kitchen with new brandname stainless appliances with warranty. Beautiful kitchen island with modern look with stainless hood. Brick fireplace with gas starter plus ceramic gas logs.  The remodeled master bath has custom vanities with gold unique hardware, granite top and beautiful tile work. Spacious backyard with new stained fence. The garage has been fully remodeled with new paint and new epoxy floor. Close to schools and parks any many more.
Unit Size
1,620Ft²
Days on Market
28 days
Land Size
0.16 acres
Price per sqft
$222
Property Type
House
Property Taxes
$374
HOA Dues
-
Year Built
1975
Listed By
Ika Dametz
Citiwide Properties Corp.
Last updated: 21 hours ago (NTREIS #20571455)

Price History

Date / Event Date Event Price
Apr 14, 2024 Price Decreased $360,000
↓ $5K (1.4%)
Price Decreased
Apr 13, 2024 Price Decreased $365,000
↓ $10K (2.7%)
Price Decreased
Apr 4, 2024 Listed by Citiwide Properties Corp $375,000
Listed by Citiwide Properties Corp
UPDATED AND LOCATION LOCATION!!! Perfect for AIRBNB, rental home or homestead. Minutes away from Highway 121, centrally located and closed to everything. Spacious corner lot. New roof, New HVAC with 10 years warranty with new ductwork throughout the house, new flooring, new interior and exterior paint, new fixture, new kitchen cabinets with granite countertop through whole kitchen and bathrooms and many more upgrades! Come check out this turnkey property with corner lot and spacious back…
Feb 1, 2024 No longer available -
No longer available
Sep 22, 2023 Listed by Newfound Real Estate, LLC $300,000
Listed by Newfound Real Estate, LLC
Fantastic opportunity with this single-family, ranch-style home. Home offers 3 Bedrooms and 2 Bathrooms, walk-in closets, spacious Living Room with fireplace, stainless-steel appliances, and attached garage. Established neighborhood with mature trees on the property! Call now for more information! The manager has listed the unit size as 1335 square feet.

Property Highlights

Air Conditioning
Fireplace
Garage
Parking Details
Has Garage
Attached Garage
Garage Spaces: 2
Parking Features: 0
Interior Details

Interior Information

Interior Features: Decorative Lighting, Eat-in Kitchen, Granite Counters, Kitchen Island, Pantry
Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Range, Washer
Flooring Type: Vinyl

Bedroom1

Level: 1
Features: Ceiling Fan(s)

Bedroom2

Level: 1

Bath-Full

Level: 1

Living Room

Level: 1

Laundry

Level: 1

Kitchen

Level: 1

Fireplace Information

Has Fireplace
Gas
Fireplaces: 1

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1990
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Square Area: 391
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,150
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,726
  • Gross Building Area: 1,726
  • Building Area: 1,335
  • Building Area Measurement: unknown

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,335
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: COLONY NO 11
  • Land Acres: 0.164
  • Legal Description 1: COLONY NO 11 BLK 66 LOT 22

Ownership

  • Current Owner : DAMETZ IKA
  • Previous Owner : WESTOPLEX RENEWAL CO LLC
  • Owner Before Previous Owner: PKG 10A RECAP LLC
  • Is Owner Occupied: unknown
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Lewisville Independent School District
  • Census Tract: 021520

Geography

  • Assessors Map Reference: 599-K
  • Parcel: R07526
  • Block: 66
  • Lot: 22
  • Municipality: CITY OF THE COLONY
  • Latitude: 33.0942
  • Longitude: -96.8756

    Address

  • Full Address: 5312 Gates Dr
  • Address - House Number: 5312
  • Address - Street Name: Gates
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: The Colony
  • Carrier Code: C018
  • 4-Digit Zip Code: 1814
  • Zip Code: 75056

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,484
  • Tax Rate Code Area: S09

    Appraisal Valuation

  • Standard Deviation: 0.1998
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 73
  • Final Value: 303,386
  • High Value: 364,004
  • Low Value: 242,768

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $265,000
  • First Open Lien Mortgage Lender: CLOSING CAPITAL LLC
  • First Open Lien Mortgage Recording Date: Mar 13, 2024
  • First Open Lien Mortgage Loan Amount: $265,000
  • First Open Lien Mortgage Term: 12
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2025

    Market Valuation

  • Market Total Value: $271,530
  • Market Land Value: $71,500
  • Market Improvement Value: $200,030

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $228,839
  • Assessed Land Value: $71,500
  • Assessed Improvements Value: $200,030

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 04, 2024
  • Current Sale Recording Date: Mar 13, 2024
  • Current Sale Transaction ID: 11922796485
  • Current Sale Price: $352,450
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 26069
  • Previous Sale Recording Date: Mar 07, 2024
  • Previous Sale Contract Date: Dec 12, 2023
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: CLOSING CAPITAL LLC
  • First Mortgage Transaction Date: Mar 13, 2024
  • First Mortgage Loan Amount: $265,000
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Mar 01, 2025

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,755 ft²
$300,000 May 16, 2022
$270,000 - $330,000 Jun 3, 2022
-
House
3 Beds
-
1,487 ft²
$225/ft²
$335,000 Mar 20, 2024
-
-
House
3 Beds
-
1,711 ft²
$203/ft²
$347,000 Feb 11, 2024
-
$201/mo
House
3 Beds
-
1,791 ft²
$195/ft²
$350,000 Feb 11, 2024
-
$145/mo
House
3 Beds
2 Baths
1,607 ft²
$227/ft²
$364,000 Apr 15, 2024
-
-
In Contract
House
3 Beds
2 Baths
1,684 ft²
$210/ft²
$354,000 Apr 8, 2024
-
-
House
3 Beds
2 Baths
1,684 ft²
$208/ft²
$350,000 Apr 19, 2024
-
-
House
3 Beds
2 Baths
1,711 ft²
$202/ft²
$345,000 Feb 17, 2024
-
-
House
3 Beds
2 Baths
1,778 ft²
$205/ft²
$364,000 Apr 14, 2024
-
-
House
3 Beds
2 Baths
1,487 ft²
$225/ft²
$335,000 Apr 4, 2024
-
-
House
3 Beds
2 Baths
1,589 ft²
$270/ft²
$429,000 Apr 27, 2024
-
$484/mo
House
3 Beds
-
1,339 ft²
$258/ft²
$345,000 Feb 11, 2024
-
$183/mo

About The Colony


Similar Homes for Sale

Unit for sale at 5301 Slay Drive, The Colony, TX 75056

$345,000

  • 3 Beds
  • 1,339 ft²
5301 Slay Drive, The Colony, TX 75056 Listing by Zachary Sadeghian
Unit for sale at 5638 Westwood Lane, The Colony, TX 75056

$429,000

  • 3 Beds
  • 2 Baths
  • 1,589 ft²
5638 Westwood Lane, The Colony, TX 75056 Listing by Naveed Qureshi
Unit for sale at 5648 Perrin Street, The Colony, TX 75056

$335,000

  • 3 Beds
  • 2 Baths
  • 1,487 ft²
5648 Perrin Street, The Colony, TX 75056 Listing by Christopher Ohlig

Nearby Rentals

Unit for rent at 5604 Usher Street, The Colony, TX, 75056

$2,850 /mo

  • 4 Beds
  • 2 Baths
  • 1,881 ft²
5604 Usher Street, The Colony, TX, 75056 Listing by Ara Minassian
Unit for rent at 5622 Niagara Road, The Colony, TX, 75056

$2,850 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,811 ft²
5622 Niagara Road, The Colony, TX, 75056 Listing by Jeff Coats
Unit for rent at 5100 Gilliam Circle, The Colony, TX, 75056

$2,795 /mo

  • 3 Beds
  • 2 Baths
  • 1,946 ft²
5100 Gilliam Circle, The Colony, TX, 75056 Listing by Mansur Lalji


Frequently Asked Questions

When was property at 5312 Gates Drive built and last sold?
The property at 5312 Gates Drive was built in 1975 and last sold on Mar 4, 2024 for $352,450.
How much is this home worth?
The estimated value of the home located at 5312 Gates Drive is $365,452.
What are some comparable homes to 5312 Gates Drive?
Homes that are comparable to 5312 Gates Drive include a house property at 5648 Perrin Street, 5573 Rice Drive, 5069 Thompson Drive.

Quantcast