NOT LISTED FOR SALE

5437 Gates Dr The Colony, TX 75056

Estimated Value: $264,000 - $336,000

3 Beds
2 Baths
1,595 Sq Ft
$191/Sq Ft Est. Value

Sale Details

Date Sold: March 14, 2025

Current estimated payment $1,972 / mo

7 Days on Market

Highlights

  • Marina
  • Open Floorplan
  • Deck
  • Fitness Center
  • Community Lake
  • 4-minute walk to Slay/Baker Park

About This Home

As of March 2025

Curb appeal abounds with this charming 3-bedroom, 2-bath home nestled in a quiet neighborhood in The Colony. Designed for both comfort and functionality, this home offers a versatile floorplan with two spacious living areas. At the heart of the home, the inviting living room features a stately fireplace, seamlessly flowing into the expansive family room filled with natural light. The well-appointed kitchen boasts built-in appliances, ample storage, and plenty of prep space—perfect for everyday living and entertaining. The primary bedroom is a relaxing retreat with an ensuite bath and a walk-in closet. Two additional bedrooms provide flexibility, with the third bedroom easily converting into a home office or cozy den. You will appreciate the large private backyard with a covered patio, offering the perfect setting for outdoor gatherings and relaxation. Conveniently located with easy access to major highways, this home is just minutes from parks, shopping, and dining. Don’t miss this wonderful opportunity! 3D tour is available online!

Last Agent to Sell the Property

Monica Mccormick

1 Percent Lists Apex Brokerage Phone: 817-783-4605 License #0516182 Listed on: 02/11/2025

Last Buyer's Agent

Honey Shahbaz

New Age Real Estate License #0813202

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1975

Lot Details

  • 6,708 Sq Ft Lot
  • Wood Fence
  • Level Lot
  • Back Yard

Parking

  • 2 Car Attached Garage
  • Enclosed Parking
  • Front Facing Garage
  • Garage Door Opener
  • Secure Parking

Home Design

  • Ranch Style House
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,595 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Brick Fireplace
  • ENERGY STAR Qualified Windows
  • Window Treatments
  • Living Room with Fireplace
  • 12 Inch+ Attic Insulation
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Linoleum
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Low Flow Toliet

Laundry

  • Laundry in Utility Room
  • Full Size Washer or Dryer
  • Stacked Washer and Dryer

Eco-Friendly Details

  • Energy-Efficient HVAC
  • ENERGY STAR Qualified Equipment for Heating

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Morningside Elementary School
  • Griffin Middle School
  • The Colony High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • High-Efficiency Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 14 / 71
  • Assessor Parcel Number R07727
  • $5,339 per year unexempt tax

Community Details

Overview

  • Colony 11 Subdivision
  • Community Lake

Amenities

  • Community Mailbox

Recreation

  • Marina
  • Community Playground
  • Fitness Center
  • Community Pool
  • Park
  • Jogging Path

Home Details

Home Type

Single Family

Year Built

Built in 1975

Lot Details

6,708 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Structural Style: Single Detached
  • Unit Levels: One
  • Security: Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Notice Surveillance Devices Pres: None
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Accessory Unit YN: No
  • Horse Permitted Y N: No
  • Attribution Contact: 817-783-4605
  • Special Features: None
  • Year Built: 1975

Interior Features

  • Square Footage: 1595.00
  • Windows: Window Coverings
  • Fireplace Features: Brick, Glass Doors, Living Room
  • Interior Amenities: High Speed Internet Available, Open Floorplan
  • Flooring: Ceramic Tile, Linoleum
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Vented Exhaust Fan
  • Basement YN: No
  • Fireplaces: 1
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 2
  • Room Count: 10

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Easements: Electric, Telephone, Utilities, Water Lines
  • Pool: No
  • Foundation: Slab
  • Community Features: Community Pool, Fitness Center, Jogging Path/Bike Path, Lake, Marina, Park, Playground
  • Fencing: Back Yard, Wood
  • Roof: Composition, Shingle
  • Construction Materials: Vinyl Siding
  • Exterior Features: Rain Gutters
  • Waterfront: No
  • Patio And Porch Features: Covered, Deck, Rear Porch

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric, ENERGY STAR Qualified Equipment, Wall/Window Unit(s)
  • Garage Spaces: 2
  • Total Covered Spaces: 2
  • Parking Features: Enclosed, Garage, Garage Door Opener, Garage Faces Front, Secured, Storage
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, Electric, ENERGY STAR Qualified Equipment, Fireplace(s)
  • LaundryFeatures: Utility Room, Full Size W/D Area, Stacked W/D Area
  • Utilities: Alley, Cable Available, City Sewer, City Water, Community Mailbox, Electricity Available, Electricity Connected

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Lewisville ISD
  • Elementary School: Morningside

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Level
  • Lot Size Units: Acres
  • Lot Size Area: 0.1540
  • Parcel Number: R07727
  • Lot Size Acres: 0.1540
  • Lot Size Sq Ft: 6708.2400

Green Features

  • Efficiency: 12 inch+ Attic Insulation, HVAC, Low Flow Commode, Waterheater, Windows
  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1975
  • SeniorCommunityYN: No

Tax Info

  • Unexempt Taxes: 5339
  • Special Taxing Entities: No
  • TaxBlock: 71
  • Tax Lot: 14

MLS Schools

  • Middle School Name: Griffin
  • Elementary School Name: Morningside
  • High School Name: The Colony

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2025
Closed on
Mar 14, 2025
Sold by
Marsh Cynthia M
Bought by
Webber Barry
Seller's Agent
Monica Mccormick
1 Percent Lists Apex
Buyer's Agent
Honey Shahbaz
New Age Real Estate
List Price
$310,000
Views
42
Current Estimated Value
$304,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.47%
Original Mortgage
$263,250
Outstanding Balance
$261,923
Interest Rate
6.95%
Mortgage Type
VA
Estimated Equity
$42,766

Purchase Details

Closed on
May 18, 2010
Sold by
Marsh William S
Bought by
Marsh Cynthia M

Purchase Details

Closed on
Oct 31, 1995
Sold by
Bivens Randall J
Bought by
Bivens Cynthia May
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Webber Barry -- None Listed On Document
Marsh Cynthia M -- None Available
Bivens Cynthia May -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Webber Barry $263,250
Closed Marsh Cynthia M $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2025 03/14/25 Sold -- -- --
02/19/2025 02/19/25 Pending -- -- --
02/11/2025 02/11/25 For Sale $310,000 -- $194 / 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 $4,159 $264,570 $67,100 $197,470
2024 $5,339 $275,116 $0 $0
2023 $3,729 $250,105 $67,100 $223,840
2022 $4,773 $227,368 $67,100 $195,957
2021 $4,604 $217,047 $39,589 $177,458
2020 $4,177 $187,907 $39,589 $148,318
2019 $4,250 $185,125 $39,589 $145,536
2018 $3,946 $170,790 $39,589 $131,201
2017 $3,632 $155,499 $39,589 $116,967
2016 $3,302 $141,363 $39,589 $106,853
2015 $2,647 $128,512 $24,156 $104,356
2013 -- $111,026 $24,156 $86,870
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20835653

North Texas Real Estate Information Systems (NTREIS)

APN: R07727

Your Personal Tour Guide

Ask me questions while you tour the home.