40
Map
$325,000
●
House -
For Sale
5561 Rutledge Drive
The Colony, TX 75056
3 Beds
2 Baths
1,433 Ft²
Upcoming Open House
2PM - 4PM, Sat, Oct 17
-
Book now
$1,596
Est. Monthly
About This Property
Welcome to this well-maintained 3-bedroom, 2-bath home conveniently
located near the 121 corridor, offering easy access to the
shopping, dining and entertainment The Colony has to offer.
Situated in a well-established neighborhood, this home features an
open floorplan with LVP flooring throughout the main living areas,
an updated kitchen with granite countertops, stainless steel
appliances and a beautiful statement ventilation hood. Upon
entering, you are welcomed into the spacious living room with a
cozy fireplace that flows seamlessly into the dining area and
kitchen, creating an inviting space for everyday living and
entertaining. The primary bedroom features a private ensuite, while
two additional bedrooms share a secondary bath. Step outside to
enjoy the extended covered patio overlooking the large backyard,
offering plenty of room to relax, entertain or create your own
outdoor retreat. Convenient location, functional layout and a great
backyard make this home a must-see!
Unit Size
1,433 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$227
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1978
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 days ago (NTREIS #21377415)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 17, 2026 | Listed by Local Pro Realty LLC | $325,000 | |
| Listed by Local Pro Realty LLC | |||
| Dec 9, 2021 | Sold | ||
| Sold | |||
| Oct 6, 2021 | Listed by Open House Texas Realty&Invest | $308,000 | |
| Listed by Open House Texas Realty&Invest | |||
| | |||
|
Come see your new home before it's too late! Granite in the kitchen, SS appliances, vinyl flooring in the living areas and so much more!
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Driveway, Garage, Garage Faces Front
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Cable TV Available
Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Vented Exhaust Fan
Flooring Type: Carpet, Luxury Vinyl Plank
Laundry Features: In Kitchen, Full Size W/D Area
Has Fireplace
Fireplace Features: Wood Burning
Fireplaces: 1
Exterior Details
Square Footage: 1433
Security Features: Smoke Detector(s)
Architectural Style: Traditional
Year Built: 1978
Levels: One
Window Features: Window Coverings
Construction Materials: Brick
Patio and Porch Features: Covered, Rear Porch
Lot Features: Interior Lot, Subdivision
Lot Size Area: 0.134
Lot Size Units: Acres
Lot Size Acres: 0.134
Lot Size Square Feet: 5837.04
Tax Lot: 23
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air, Electric
Heating Type: Central, Electric
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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About The Colony
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Listed by: Kevin Andrews, Local Pro Realty LLC
Last Updated: 3 days ago
Data Source: NTREIS MLS, MLS# 21377415
Details provided by NTREIS and may not match the public record
Last Updated: 3 days ago
Data Source: NTREIS MLS, MLS# 21377415
Details provided by NTREIS and may not match the public record
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