505 Proud Knight Ln the Colony, TX 75056
Austin Ranch NeighborhoodEstimated payment $5,340/month
Highlights
- Open Floorplan
- 2 Car Attached Garage
- Central Heating and Cooling System
- The Colony High School Rated A-
- Walk-In Closet
- Ceiling Fan
About This Home
EXQUISITE 4-BEDROOM RESIDENCE IN THE PRESTIGIOUS CASTLE HILLS COMMUNITY. Discover the modern sophistication in this impeccably maintained 4-bedroom, 3-bathroom estate, ideally positioned in the coveted master-planned community of Castle Hills. Thoughtfully designed for both comfort and versatility, this distinguished home features two spacious bedrooms on the main level, perfectly suited for hosting overnight guests or accommodating multi-generational living with ease. You’re welcomed by gleaming tile floors that gracefully flow throughout the main living areas, enhancing the home’s warm, inviting ambiance. The open-concept design effortlessly connects the gourmet kitchen to the expansive family room, where an abundance of natural light pours in through large picture windows. Ascend to the upper level to experience the private media room, offering a true cinematic escape within the comfort of your own home — an ideal space for a movie nights. Perfectly located just minutes from Grandscape, one of the largest and most dynamic mixed-use developments in the country, this residence grants you unparalleled access to upscale shopping, fine dining, premier entertainment venues, and attractions such as Nebraska Furniture Mart, Scheels, and Galaxy Theatres. Settled a beautifully curated landscape of scenic parks, tranquil walking trails, and exclusive community amenities, this remarkable home embodies a harmonious blend of luxury, lifestyle, and location.
Open House June 22 & July 6 from 3-5.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,907
Year Built
- Built in 2016
Lot Details
- 5,793 Sq Ft Lot
HOA Fees
- $113 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Single Garage Door
- Garage Door Opener
Interior Spaces
- 3,417 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Ceiling Fan
- Gas Fireplace
Kitchen
- Gas Oven
- Gas Cooktop
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- 3 Full Bathrooms
Schools
- Memorial Elementary School
- The Colony High School
Utilities
- Central Heating and Cooling System
- Underground Utilities
Community Details
- Association fees include management
- Castle Hills Association
- Castle Hills Ph 8 Sec A Subdivision
Listing and Financial Details
- Legal Lot and Block 2 / K
- Assessor Parcel Number R631836
Map
Home Values in the Area
Average Home Value in this Area
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 | $10,776 | $732,000 | $174,000 | $558,000 |
| 2024 | $11,907 | $689,000 | $174,000 | $515,000 |
| 2023 | $9,812 | $630,105 | $168,488 | $549,512 |
| 2022 | $10,870 | $572,823 | $127,600 | $500,400 |
| 2021 | $13,135 | $520,748 | $92,800 | $427,948 |
| 2020 | $13,189 | $514,653 | $92,800 | $421,853 |
| 2019 | $12,656 | $480,663 | $92,800 | $387,863 |
| 2018 | $11,887 | $449,379 | $92,800 | $356,579 |
| 2017 | $12,008 | $450,000 | $92,800 | $357,200 |
| 2016 | $1,239 | $74,240 | $74,240 | $0 |
| 2015 | -- | $69,520 | $69,520 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/19/2025 07/19/25 | Price Changed | $795,000 | -2.9% | $233 / Sq Ft |
| 06/20/2025 06/20/25 | For Sale | $819,000 | -- | $240 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Vendors Lien | -- | Rtt | |
| Vendors Lien | -- | Rtt |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $283,000 | New Conventional | |
| Closed | $286,000 | New Conventional | |
| Closed | $350,000 | New Conventional | |
| Previous Owner | $649,569 | Credit Line Revolving |
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20976054
APN: R631836
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Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved
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