When was property at 5501 Gibson Drive built and last sold?

The property at 5501 Gibson Drive was built in 1974 and last sold on Jan 16, 1995 for $0.

How much is this home worth?

The estimated value of the home located at 5501 Gibson Drive is $336,575.

What are some comparable homes to 5501 Gibson Drive?

There are currently no comparable homes to 5501 Gibson Drive.

The Colony

75056

5501 Gibson Drive

$334,900

● House - Off Market

5501 Gibson Drive

The Colony, TX 75056

3 Beds

0 Bath

1,375 Ft²

$2,100

Est. Monthly

7.49%

Cap Rate

About This Property

UPDATES GALORE! Welcome home to 1,375sf of beautiful built in 1974. This one-story home has 3bedrooms 2Full Baths + 1.5 Car Garage and 20x22 Covered + Screened in patio. Open Floor plan with breakfast bar, large family room wFireplace. Kitchen open to dining and family room. Top of the line wood-like tile flooring in all areas except bedrooms. Granite counters in kitchen and bathrooms. Update water fixtures + light fixtures. Subway tile in both full baths. Updated beautiful master bath with walk-in shower. Master bedroom 14x14 with large walk-in closet. Recent replacement of dishwasher, disposal, water heater, and more. Roof replaced in 2022. ALL WINDOWS REPLACED IN 2023. Great location! Convenient to The Colony High School, 5 minutes north of HWY 121 and Nebraska Furniture Mart. Minutes from GrandScape shopping and restaurants. Close to Legacy Business Park. Easy access to Frisco, Plano, Carrollton, Lewisville, and McKinney. Run...don't walk to see this jewel!

Unit Size

1,375 Ft²

Days on Market

Land Size

0.17 acres

Price per sqft

$244

Property Type

House

Property Taxes

$456

HOA Dues

Year Built

1974

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (NTREIS #20626778)

Price History

Date / Event	Date	Event
Jun 27, 2024	Sold	Premium
Sold
May 28, 2024	In contract	-
In contract
May 24, 2024	Listed by Coldwell Banker Apex, REALTORS	$334,900
Listed by Coldwell Banker Apex, REALTORS

Property Highlights

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1974

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: 391
Parking Space Count: 1
Patio Type: 59
Porch Type: 102
Pool Type: 0

Dimensions

Lot Size Square Feet: 7,410

Lot Size Depth Feet: 1,140
Lot Size Frontage Feet: 650
Total Building Area: 1,730
Gross Building Area: 1,730
Building Area: 1,339
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 3
Heated Square Feet: 1,339
Heating Fuel Type: 0

Utilities

Sewer System: 5

Water Service: 6

Building

Building Type: 0

Property Class: R
Subdivision: COLONY NO 14
Land Acres: 0000000170
Standard Land Use Code: 1001
County Land Use Code: A1
State Land Use Code: A1
Legal Description 1: COLONY NO 14 BLK 74 LOT 9

Neighborhood

School District Name: Lewisville Independent School District

Census Tract: 021531

Geography

Assessors Map Reference: 599-G

Parcel: R03148
Block: 74
Lot: 9
Municipality: CITY OF THE COLONY
Latitude: 33.0957
Longitude: -96.8716

Address

Full Address: 5501 Gibson Dr

Address - House Number: 5501
Address - Street Name: Gibson
Address - Suffix Type: Dr
State: TX
City Name: The Colony
Carrier Code: C018
4-Digit Zip Code: 4524
Zip Code: 75056

Valuation

Tax

Tax Year: 2023

Tax Amount: $546,724
Tax Rate Code Area: S09

Appraisal Valuation

Standard Deviation: 0.1914

Valuation Date: Jan 31, 2024
Confidence Score: 74
Final Value: 332,073
High Value: 395,660
Low Value: 268,485

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: $279,000

Market Land Value: $66,311
Market Improvement Value: $212,689

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $279,000
Assessed Land Value: $66,311
Assessed Improvements Value: $212,689

Sales

Current Sale Contract Date: Jan 16, 1995

Current Sale Recording Date: Jan 17, 1995
Current Sale Document Type: 71
Current Sale Input Document Number: 95-R0003712

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:

$460,800

Sale Price/ft²

$220

Below Asking

0.02%

Average Days on Market

Average Home Size

2500 ft²

Average Home Age

25.6 years

Currently For Sale

126 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

$2,500 /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 5016 Griffin, The Colony, TX, 75056

$2,800 /mo

3 Beds
2 Baths
1,381 ft²

5016 Griffin, The Colony, TX, 75056 Listing by Marlene Trevino

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Paula S Thompson, Coldwell Banker Apex, REALTORS
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20626778
Details provided by NTREIS and may not match the public record

5501 Gibson 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