$479,900
SOLD JUL 24, 2025
Last list price

229 Colt Dr Gainesville, TX 76240

3 Beds
2 Baths
2,145 Sq Ft
0.82 Acres

Recently Sold

$224 Per Sq Ft

74 Days on Market

Highlights

  • Outdoor Living Area
  • Loft
  • Covered Patio or Porch
  • Golf Cart Garage
  • Corner Lot
  • 2 Car Attached Garage

About This Home

As of July 2025

Welcome to 229 Colt Drive, where modern luxury meets cozy cabin charm.

This beautifully updated home offers 3 bedrooms, 2 bathrooms, and 2,145 square feet of living space on a rare corner lot, two lots combined for a total of 0.82 acres, with a spacious detached garage or shop.

At the heart of the home is the newly remodeled kitchen, featuring sleek quartz countertops, a central island, new cabinetry, stylish backsplash, modern fixtures, and updated appliances. The main living area showcases a warm wood-burning fireplace, perfect for cozy evenings. A secondary living space offers flexibility as a game room, media room, or private office retreat. The primary suite is located on the main floor with a beautifully updated en-suite bath. Upstairs, you’ll find two additional bedrooms, a full bathroom, and a versatile loft space that is ideal for a second living area, study, or creative workspace.

Step outside to your private outdoor oasis. Thoughtfully landscaped with natural rock features and mature trees, the backyard includes a covered patio, walking paths, a fire pit area, and plenty of space to relax or entertain. The oversized 36x24 detached two-car garage provides ample room for vehicles, tools, or hobbies.

As a resident of Lake Kiowa, you’ll enjoy exclusive amenities such as free golf on the private 18 hole championship course designed by Leon Howard, access to a 653 acre private lake for boating and fishing, and a vibrant, gated community with parks, events, and more.

Don’t miss this unique opportunity to enjoy the perfect blend of comfort, style, and community at 229 Colt Drive. Schedule your private tour today and discover the lifestyle that awaits.

Last Agent to Sell the Property

Joe Peterson

eXp Realty LLC Brokerage Phone: (214) 444-7870 License #0501647 Listed on: 04/09/2025

eXp Realty LLC

Last Buyer's Agent

Joe Peterson

eXp Realty LLC Brokerage Phone: (214) 444-7870 License #0501647 Listed on: 04/09/2025

eXp Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,467

Year Built

  • Built in 1983

Lot Details

  • 0.82 Acre Lot
  • Chain Link Fence
  • Landscaped
  • Corner Lot
  • Many Trees

HOA Fees

  • $311 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Multiple Garage Doors
  • Golf Cart Garage

Interior Spaces

  • 2,145 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Decorative Lighting
  • Wood Burning Fireplace
  • Awning
  • Loft
  • Washer and Electric Dryer Hookup

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Courtyard
  • Covered Patio or Porch
  • Outdoor Living Area
  • Rain Gutters

Schools

  • Callisburg Elementary And Middle School
  • Callisburg High School

Utilities

  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include management, sewer, trash, water
  • Lake Kiowa Property Owners Association
  • Lake Kiowa Map 10 Subdivision

Listing and Financial Details

  • Tax Lot 591
  • Assessor Parcel Number 2660

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,467

Year Built

Built in 1983

Lot Details

0

HOA Fees

$311 per month

Parking

2

Listing Details

  • OWNERNAME: Owner of record
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached
  • Unit Levels: Two
  • Attribution Contact: (214) 444-7870
  • Co List Office Mls Id: EXPA01DW
  • Structure Type: House
  • HumanModifiedYN: Yes
  • UniversalParcelId: urn:reso:upi:2.0:US:48097:2660
  • Special Features: VirtualTour

Interior Features

  • Square Footage: 2145.0
  • Fireplace Features: Wood Burning
  • Interior Amenities: Built-in Features, Decorative/Designer Lighting Fixtures, High Speed Internet, Kitchen Island, Loft, Pantry, Cable TV
  • Appliances: Dishwasher, Electric Water Heater, Gas Cooktop, Gas Range, Microwave, Refrigerator
  • Basement YN: No
  • Fireplaces: 1

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Fencing: Chain Link
  • Exterior Features: Awning(s), Courtyard, Outdoor Living Area, Other, Rain Gutters
  • Pool Features: None
  • Patio And Porch Features: Covered

Garage/Parking

  • Garage Spaces: 2.0
  • Total Covered Spaces: 2.0
  • Parking Features: Door-Multi, Golf Cart Garage
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Sewer: Septic Tank
  • LaundryFeatures: Washer Hookup, Electric Dryer Hookup
  • Utilities: Electricity Available, Septic Available, Underground Utilities, Cable Available

Condo/Co-op/Association

  • HOA Fee Includes: Association Management, Sewer, Trash, Water
  • Association Fee: 311.0
  • Association Fee Frequency: Monthly
  • Association Name: Lake Kiowa Property Owners Association

Schools

  • Elementary School: Callisburg
  • High School: Callisburg
  • Junior High Dist: Callisburg ISD

Lot Info

  • PropertyAttachedYN: No
  • Lot Features: Corner Lot, Landscaped, Many Trees
  • Lot Size Units: Acres
  • Lot Size Area: 0.823
  • Parcel Number: 2660
  • Lot Size Acres: 0.823
  • Lot Size Sq Ft: 35849.88

Building Info

  • Year Built: 1983

Tax Info

  • Tax Lot: 591
  • Tax Annual Amount: 5467.0

MLS Schools

  • MiddleOrJuniorSchool: Callisburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2025
Closed on
Jul 24, 2025
Sold by
Chronister Kenneth and Chronister Rachel
Bought by
Draughon Perry Kenyon and Draughon Elizabeth
Seller's Agent
Joe Peterson
eXp Realty LLC
Buyer's Agent
Joe Peterson
eXp Realty LLC
List Price
$479,900
Views
246
Current Estimated Value
$443,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-13.50%
Original Mortgage
$376,000
Outstanding Balance
$375,362
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$67,756

Purchase Details

Listed on
May 28, 2023
Closed on
Jun 30, 2023
Sold by
Barnett Gregory D and Barnett Deborah L
Bought by
Chronister Kenneth and Chronister Rachel
Seller's Agent
Sharon Mitcham
LK Realtors, LLC
Buyer's Agent
Virginia Capps
RE/MAX FIRST REALTY
List Price
$425,000
Views
67

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.47%

Purchase Details

Closed on
Jul 17, 2019
Sold by
Garrison Monica Laraye and Baker Cheryl Lyn
Bought by
Barnett Gregory D and Barnett Deborah L

Purchase Details

Closed on
Sep 27, 2011
Sold by
Daniel Bobby R
Bought by
Garrsion Leamon D and Garrsion Gayelynn

Purchase Details

Closed on
Nov 28, 2007
Sold by
Mcdonald Kenneth A and Mcdonald Rose Marie
Bought by
Daniel Bobby R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,600
Interest Rate
6.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2005
Sold by
United Railway Federal Credit Union
Bought by
Mcdonald Kenneth A and Mcdonald Rose Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
5.78%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Type Sale Price Title Company
Deed $376,000 None Listed On Document
Deed $376,000 None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed -- Gainesville Title Co Inc
Warranty Deed -- --
Special Warranty Deed -- --
Vendors Lien -- --
Vendors Lien -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $376,000 New Conventional
Closed $376,000 New Conventional
Previous Owner $136,600 New Conventional
Previous Owner $85,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/24/2025 07/24/25 Sold -- -- --
06/23/2025 06/23/25 Pending -- -- --
06/06/2025 06/06/25 For Sale $479,900 0.0% $224 / Sq Ft
06/04/2025 06/04/25 Pending -- -- --
05/20/2025 05/20/25 Price Changed $479,900 -3.8% $224 / Sq Ft
05/12/2025 05/12/25 Price Changed $499,000 -4.9% $233 / Sq Ft
04/23/2025 04/23/25 Price Changed $524,900 -4.4% $245 / Sq Ft
04/09/2025 04/09/25 For Sale $549,000 +29.2% $256 / Sq Ft
07/03/2023 07/03/23 Sold -- -- -- View Prior Sale
06/05/2023 06/05/23 Pending -- -- --
05/28/2023 05/28/23 For Sale $425,000 -- $231 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,592 $421,330 $125,462 $295,868
2024 $4,592 $432,789 $125,318 $307,471
2023 $3,653 $286,165 $101,111 $260,581
2022 $3,859 $328,279 $93,224 $235,055
2021 $4,325 $239,898 $61,319 $178,579
2020 $4,190 $215,000 $59,301 $155,699
2019 $4,582 $235,162 $59,301 $175,861
2018 $4,109 $209,752 $59,301 $150,451
2017 $3,550 $179,578 $36,150 $143,428
2015 $3,111 $162,511 $29,698 $132,813
2014 $3,111 $161,487 $29,698 $131,789
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20887846

North Texas Real Estate Information Systems (NTREIS)

APN: 2660