$799,999
NEW CONSTRUCTION $30K PRICE DROP

5204 Gibson Dr the Colony, TX 75056

Estimated payment $4,471/month

Total Views 332
4 Beds
4.5 Baths
2,600 Sq Ft
$308 Price per Sq Ft

Highlights

  • New Construction
  • Open Floorplan
  • 2 Car Attached Garage
  • The Colony High School Rated A-
  • Contemporary Architecture
  • Eat-In Kitchen

About This Home

Location! Location! Location! Property Under Construction. Discover this stunning new construction home offering 4 bedrooms and 4.5 bathrooms, perfectly situated in the heart of The Colony. Nestled within a quiet and inviting community, this property combines modern luxury with everyday convenience. The first floor features an open-concept living area ideal for entertaining or relaxing with family. Highlights include a spacious kitchen with a large island and decorative pendant lighting, a formal dining room, a guest suite with a private full bath, a stylish half bath, and a versatile flex room with elegant French doors—perfect for a home office. Upstairs, you’ll find a bonus room, three additional bedrooms each with private full bathrooms, offering comfort and privacy for a large family or guests. Conveniently located near schools, playgrounds, and with quick access to the tollway and major shopping centers, this home is just minutes away from premier entertainment options including Andretti Indoor Karting & Games, The Puttery, Top Golf, WorldSprings, and more. Whether you’re looking for a family home or an investment opportunity, this property is a perfect choice!

Listing Agent

Chidi Echebiri

DHS Realty Brokerage Phone: 832-439-0051 License #0709317 Listed on: 08/22/2025

DHS Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,342

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 7,579 Sq Ft Lot
  • Wood Fence

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Contemporary Architecture
  • Composition Roof

Interior Spaces

  • 2,600 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Electric Fireplace
  • Living Room with Fireplace
  • Luxury Vinyl Plank Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Schools

  • Peters Colony Elementary School
  • The Colony High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Colony 14 Ph A Subdivision

Listing and Financial Details

  • Legal Lot and Block 13 / 75
  • Assessor Parcel Number R01637

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,342

Year Built

Built in 2025 | New Construction

Lot Details

0

Parking

2

Listing Details

  • OWNERNAME: ISpace Projects LLC
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary/Modern, Detached
  • Unit Levels: Two
  • Year Built Details: New Construction - Incomplete
  • Attribution Contact: 832-439-0051
  • Co List Office Mls Id: DHS01C
  • Structure Type: House
  • Special Features: 4098
  • Year Built: 2025

Interior Features

  • Square Footage: 2600.0
  • Fireplace Features: Electric, Living Room
  • Interior Amenities: Decorative/Designer Lighting Fixtures, Eat-in Kitchen, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Cable TV, Walk-In Closet(s)
  • Flooring: Luxury Vinyl Plank
  • Appliances: Electric Cooktop, Electric Oven, Microwave
  • Basement YN: No
  • Fireplaces: 1

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Fencing: Wood
  • Roof: Composition
  • Pool Features: None
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2.0
  • Total Covered Spaces: 2.0
  • Parking Features: Driveway, Garage, Garage Door Opener
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Sewer: Public Sewer
  • LaundryFeatures: Laundry in Utility Room
  • Utilities: Sewer Available, Water Available, Cable Available

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size Units: Acres
  • Lot Size Area: 0.174
  • Parcel Number: R01637
  • Lot Size Acres: 0.174
  • Lot Size Sq Ft: 7579.44

Building Info

  • Year Built: 2025
  • SeniorCommunityYN: No

Tax Info

  • TaxBlock: 75
  • Tax Lot: 13
  • Tax Annual Amount: 1342.0

MLS Schools

  • MiddleOrJuniorSchool: Griffin

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,342 $69,150 $69,150 --
2024 $1,342 $69,150 $69,150 $0
2023 $4,370 $223,000 $65,453 $157,547
2022 $4,304 $205,000 $69,150 $135,850
2021 $3,341 $150,000 $42,804 $107,196
2020 $3,360 $151,167 $42,804 $108,363
2019 $3,374 $147,000 $42,804 $104,196
2018 $3,119 $135,000 $42,804 $92,196
2017 $3,037 $130,000 $42,804 $87,196
2016 $2,756 $118,000 $24,990 $93,010
2015 $2,397 $114,000 $24,990 $89,010
2014 $2,397 $99,000 $24,990 $74,010
2013 -- $99,231 $24,990 $74,241
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2025 08/23/25 Price Changed $799,999 -3.6% $308 / Sq Ft
08/22/2025 08/22/25 For Sale $830,000 +403.0% $319 / Sq Ft
02/28/2025 02/28/25 Sold -- -- --
01/28/2025 01/28/25 Price Changed $165,000 -8.3% $120 / Sq Ft
12/03/2024 12/03/24 Price Changed $180,000 -2.7% $131 / Sq Ft
11/09/2024 11/09/24 Price Changed $184,900 -5.2% $134 / Sq Ft
07/25/2024 07/25/24 For Sale $195,000 0.0% $141 / Sq Ft
06/04/2019 06/04/19 Rented $1,300 0.0% --
06/04/2019 06/04/19 For Rent $1,300 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Warranty Deed -- None Available
Interfamily Deed Transfer -- None Available
Vendors Lien -- Stewart Title
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $494,738 Construction
Previous Owner $132,750 New Conventional
Previous Owner $79,525 New Conventional
Previous Owner $84,000 Fannie Mae Freddie Mac
Previous Owner $80,000 Purchase Money Mortgage
Closed $0 Assumption
Source: Public Records

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Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 21039426

North Texas Real Estate Information Systems (NTREIS)

APN: R01637