NOT LISTED FOR SALE

5105 Reed Dr the Colony, TX 75056

Estimated Value: $385,086 - $429,000

4 Beds
2 Baths
2,135 Sq Ft
$187/Sq Ft Est. Value

Last Sold June 07, 2023

Current estimated payment $2,620/month

18 Days on Market

Highlights

  • 2 Car Attached Garage
  • Interior Lot
  • Walk-In Closet
  • B B Owen Elementary School Rated A
  • Woodwork
  • 5-minute walk to Dave Cowan Park

About This Home

As of June 2023

***Multiple Offers, Offer Deadline 5.15.23 at 5 PM*** Stunning Mid-Century modern home with cedar accents boasting incredible curb appeal. This cozy atmosphere home features four spacious bedrooms and two full bathrooms. Entertain your guests in one of two living areas and two dining areas. Timeless features, such as a beautiful dry bar with ample storage and built-in desk, enhance this home's character. The breakfast nook, with a convenient built-in bench for seating, is perfect for enjoying your morning coffee or casual meals. The kitchen also offers plenty of cabinet space and is open to the den. The master bedroom boasts a recently updated shower and plenty of space to relax. Additionally, the home has received recent updates, such as a new roof in 2021 and new luxury vinyl plank flooring and board on board fencing in 2020. Short distance to two parks and a greenbelt. This ideal location is just 10 minutes away from Grandscape, with quick access to 121 and 423.

Last Agent to Sell the Property

Shelley Homer

eXp Realty LLC License #0488276 Listed on: 04/29/2023

eXp Realty LLC

Co-Listed By

Samantha Silcott

Mission To Close License #0778569

Last Buyer's Agent

Alpa Mehta

REKonnection, LLC License #0664552

REKonnection, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,280

Year Built

  • Built in 1978

Lot Details

  • 6,621 Sq Ft Lot
  • Landscaped
  • Interior Lot
  • Few Trees

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,135 Sq Ft Home
  • 1-Story Property
  • Dry Bar
  • Woodwork
  • Ceiling Fan
  • Fireplace Features Masonry
  • Electric Dryer Hookup

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Rain Gutters

Schools

  • Owen Elementary School
  • The Colony High School

Utilities

  • Vented Exhaust Fan
  • High Speed Internet
  • Cable TV Available

Community Details

  • Colony 18 Subdivision

Listing and Financial Details

  • Legal Lot and Block 35 / 122
  • Assessor Parcel Number R90199

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,280

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • OWNERNAME: See agent
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached
  • Unit Levels: One
  • Year Built Details: Preowned
  • Co List Office Mls Id: PXE01C
  • Co List Office Phone: 888-519-7431
  • Co List Office Mls Id: XPTY01
  • Structure Type: House
  • Special Features: VirtualTour
  • Year Built: 1978

Interior Features

  • Square Footage: 2135.0
  • Fireplace Features: Gas Log, Masonry
  • Interior Amenities: Dry Bar, High Speed Internet, Pantry, Cable TV, Natural Woodwork, Walk-In Closet(s)
  • Flooring: Carpet, Ceramic Tile, Luxury Vinyl Plank
  • Appliances: Dishwasher, Electric Oven, Electric Range, Disposal, Microwave, Vented Exhaust Fan
  • Basement YN: No
  • Fireplaces: 1

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Slab
  • Community Features: Curbs, Sidewalks
  • Roof: Composition
  • Construction Materials: Brick
  • Exterior Features: Rain Gutters
  • Pool Features: None

Garage/Parking

  • Cooling System: Ceiling Fan(s)
  • Garage Spaces: 2.0
  • Total Covered Spaces: 2.0
  • Parking Features: Door-Single
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Sewer: Public Sewer
  • LaundryFeatures: Electric Dryer Hookup
  • Utilities: Sewer Available, Water Available, Cable Available

Schools

  • Elementary School: Owen
  • High School: The Colony
  • Junior High Dist: Lewisville ISD

Lot Info

  • PropertyAttachedYN: No
  • Lot Features: Backs to Greenbelt/Park, Interior Lot, Landscaped, Subdivision, Few Trees
  • Lot Size Units: Acres
  • Lot Size Area: 0.152
  • Parcel Number: R90199
  • Lot Size Acres: 0.152
  • Lot Size Sq Ft: 6621.12

Building Info

  • Year Built: 1978
  • SeniorCommunityYN: No

Tax Info

  • TaxBlock: 122
  • Tax Lot: 35
  • Tax Annual Amount: 7280.0

MLS Schools

  • MiddleOrJuniorSchool: Griffin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2018
Sold by
Rackley Sarah and Rackley Sarah Schnitzius
Bought by
Rackley Sarah and Rudd Jeremy
Current Estimated Value
$388,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,600
Outstanding Balance
$139,869
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$248,191

Purchase Details

Closed on
May 6, 2015
Sold by
Buck David J and Buck Caryn Kathleen
Bought by
Rackley Sarah and Rackley Joshua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2009
Sold by
Melton Steve and Melton Erica E
Bought by
Buck David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,787
Interest Rate
4.76%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 24, 2007
Sold by
Bennett Robbie and Bennett Jennifer
Bought by
Melton Steve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,900
Interest Rate
6.72%
Mortgage Type
VA

Purchase Details

Closed on
Sep 30, 1993
Sold by
Den & Col Co Homes Inc
Bought by
Stovall Rodney D and Stovall Lura L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,493
Interest Rate
6.93%
Mortgage Type
Assumption
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rackley Sarah -- Lawyers Title
Rackley Sarah -- None Available
Buck David J -- Rtt
Melton Steve -- Atc
Stovall Rodney D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rackley Sarah $164,600
Closed Rackley Sarah $161,500
Previous Owner Buck David J $122,715
Previous Owner Buck David J $120,787
Previous Owner Melton Steve $129,900
Previous Owner Bennett Robbie $95,200
Previous Owner Bennett Robbie $94,320
Previous Owner Stovall Rodney D $80,493
Closed Bennett Robbie $17,685
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2023 06/07/23 Sold -- -- --
05/17/2023 05/17/23 Pending -- -- --
04/29/2023 04/29/23 For Sale $380,000 -- $178 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

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 $5,936 $344,195 $79,200 $264,995
2024 $7,133 $367,544 $79,200 $288,344
2023 $7,389 $377,094 $79,200 $297,894
2022 $7,280 $346,767 $69,300 $277,467
2021 $5,646 $253,498 $52,800 $200,698
2020 $5,918 $266,249 $52,800 $213,449
2019 $6,295 $274,226 $52,800 $221,426
2018 $5,474 $236,928 $52,800 $184,128
2017 $4,727 $202,377 $43,560 $158,817
2016 $4,676 $185,874 $43,560 $142,314
2015 $3,072 $136,000 $26,400 $109,600
2014 $3,072 $136,000 $26,400 $109,600
2013 -- $136,056 $26,400 $109,656
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20315861

North Texas Real Estate Information Systems (NTREIS)

APN: R90199