NOT LISTED FOR SALE

5261 Reed Dr the Colony, TX 75056

Estimated Value: $376,000 - $392,000

3 Beds
2 Baths
1,881 Sq Ft
$203/Sq Ft Est. Value

Last Sold January 25, 2021

Current estimated payment $2,572/month

1 Day on Market

Highlights

  • Traditional Architecture
  • Covered Patio or Porch
  • Interior Lot
  • B B Owen Elementary School Rated A
  • 2-Car Garage with one garage door
  • 4-minute walk to Dave Cowan Park

About This Home

As of January 2021

This home is located at 5261 Reed Dr, the Colony, TX 75056 since 18 December 2020 and is currently estimated at $382,390, approximately $203 per square foot. This property was built in 1983. 5261 Reed Dr is a home located in Denton County with nearby schools including B B Owen Elementary School, Griffin Middle School, and The Colony High School.

Last Agent to Sell the Property

Shawna Martinez

Real Broker, LLC License #0646218 Listed on: 12/18/2020

Real Broker, LLC

Co-Listed By

Carmen Pope

Texas Realty Exchange, LLC License #0665745

Last Buyer's Agent

Tyler Austin

Fathom Realty LLC License #0716148

Fathom Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,501

Year Built

  • Built in 1983

Lot Details

  • 6,708 Sq Ft Lot
  • Wood Fence
  • Landscaped
  • Interior Lot
  • Few Trees
  • Large Grassy Backyard

Parking

  • 2-Car Garage with one garage door
  • Rear-Facing Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,881 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Ceiling Fan
  • Decorative Lighting
  • Wood Burning Fireplace
  • Brick Fireplace
  • Metal Fireplace

Kitchen

  • Electric Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Home Security System
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Appliances

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Old Settlers Elementary School
  • Griffin Middle School
  • The Colony High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Colony 19 Subdivision

Listing and Financial Details

  • Legal Lot and Block 16 / 127
  • Assessor Parcel Number R13452
  • $5,996 per year unexempt tax

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,501

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Structural Style: Single Detached
  • Unit Levels: One
  • Security: Fire Alarm, Security System, Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Accessory Unit YN: No
  • Ratio Current Price By Building: 144.66241
  • Special Features: None
  • Year Built: 1983

Interior Features

  • Square Footage: 1881.00
  • Fireplace Features: Brick, Metal, Wood Burning
  • Interior Amenities: Cable TV Available, Decorative Lighting, High Speed Internet Available, Wet Bar
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Range, Microwave, Plumbed for Ice Maker
  • Fireplaces: 1
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Room Count: 6

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Fencing: Wood
  • Roof: Composition
  • Soil Type: Unknown
  • Construction Materials: Brick
  • Exterior Features: Covered Patio/Porch, Rain Gutters
  • Patio And Porch Features: Covered

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric
  • Garage Spaces: 2
  • Total Covered Spaces: 2
  • Parking Features: 2-Car Single Doors, Garage, Garage Faces Rear
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, Electric
  • Utilities: City Sewer, City Water

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Lewisville ISD
  • Elementary School: Old Settlers
  • Middle School: Griffin
  • High School: The Colony
  • School District: Lewisville ISD
  • Elementary School: Old Settlers
  • High School: The Colony

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Few Trees, Interior Lot, Landscaped, Lrg. Backyard Grass, Subdivision
  • Lot Size Units: Acres
  • Lot Size Area: 0.1540
  • Parcel Number: R13452
  • Lot Size Acres: 0.1540
  • Lot Size Sq Ft: 6708.2400

Green Features

  • Efficiency: Appliances

Building Info

  • Year Built: 1983

Tax Info

  • Unexempt Taxes: 5996
  • TaxBlock: 127
  • Tax Lot: 16

MLS Schools

  • MiddleOrJuniorSchool: Griffin
  • Middle School Name: Griffin
  • Elementary School Name: Old Settlers
  • High School Name: The Colony

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2020
Closed on
Jan 25, 2021
Sold by
Prather Latonya
Bought by
Kirkhart Taylor Britney
Seller's Agent
Shawna Martinez
Real Broker, LLC
Buyer's Agent
Tyler Austin
Fathom Realty LLC
List Price
$269,900
Current Estimated Value
$382,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.19%
Original Mortgage
$13,095
Interest Rate
2.21%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 4, 2017
Closed on
Oct 16, 2017
Sold by
Vortex Solutions Company Inc
Bought by
Prather Latonya
Seller's Agent
Hava Johnston
Fathom Realty
Buyer's Agent
Carmen Pope
Texas Realty Exchange, LLC
List Price
$254,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.78%
Original Mortgage
$229,405
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2017
Sold by
Agyeman Marconi K and Agyeman Mercy
Bought by
Vortex Solutions Company Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2012
Sold by
Hsbc Bank Usa National Association
Bought by
Agyeman Marconi K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,971
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 3, 2012
Sold by
Hart Ciana and Fry Larry
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Dec 23, 2003
Sold by
Cooper Katherine A
Bought by
Fry Larry and Hart Ciana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,400
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage
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
Kirkhart Taylor Britney -- Independence Title Company
Prather Latonya -- Tiago Title Llc
Vortex Solutions Company Inc -- None Available
Agyeman Marconi K -- Texas American Title Company
Hsbc Bank Usa National Association $115,000 Servicelink
Fry Larry -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Kirkhart Taylor Britney $13,095
Open Kirkhart Taylor Britney $261,900
Closed Kirkhart Taylor Britney $13,095
Previous Owner Prather Latonya $229,405
Previous Owner Vortex Solutions Company Inc $175,000
Previous Owner Agyeman Marconi K $109,971
Previous Owner Fry Larry $123,500
Previous Owner Fry Larry $23,400
Previous Owner Fry Larry $93,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2021 01/25/21 Sold -- -- --
12/19/2020 12/19/20 Pending -- -- --
12/18/2020 12/18/20 For Sale $269,900 +6.1% $143 / Sq Ft
10/16/2017 10/16/17 Sold -- -- --
09/21/2017 09/21/17 Pending -- -- --
08/04/2017 08/04/17 For Sale $254,500 -- $135 / 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 $6,501 $393,345 $67,100 $326,245
2024 $7,704 $396,955 $67,100 $329,855
2023 $6,501 $391,555 $67,100 $324,455
2022 $7,929 $377,702 $67,100 $310,602
2021 $6,389 $286,832 $50,661 $236,171
2020 $6,046 $272,000 $50,661 $221,339
2019 $6,192 $269,752 $50,661 $221,433
2018 $5,666 $245,229 $50,661 $194,568
2017 $3,989 $170,753 $46,232 $131,737
2016 $2,927 $155,230 $28,518 $126,712
2015 $3,130 $142,173 $28,518 $118,001
2013 -- $122,389 $28,518 $93,871
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14480914

North Texas Real Estate Information Systems (NTREIS)

APN: R13452