John Myer
Responds Quickly
Compass RE Texas, LLC.
(531) 229-1277
26 Total Sales
1 in The Colony
$485,000 Price
5437 Gates Dr The Colony, TX 75056
The Colony AreaEstimated Value: $263,000 - $334,000
3
Beds
2
Baths
1,595
Sq Ft
$189/Sq Ft
Est. Value
Highlights
- Marina
- Open Floorplan
- Deck
- Fitness Center
- Community Lake
- 4-minute walk to Slay/Baker Park
About This Home
As of March 2025Curb 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
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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
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 11, 2025
Closed on
Mar 14, 2025
Sold by
Bought by
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.92%
Original Mortgage
$263,250
Outstanding Balance
$259,845
Interest Rate
6.95%
Mortgage Type
VA
Estimated Equity
$41,626
Purchase Details
Closed on
May 18, 2010
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.73%
Mortgage Type
Assumption
Purchase Details
Closed on
Oct 31, 1995
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in The Colony, TX
-
John Myer
-
Shay Lang
Shay Lang
Great Western Realty
(817) 653-8752
109 Total Sales
1 in The Colony
$375,000 Price
-
Bethany Rowan
Bethany Rowan
Weichert Realtors/Property Partners
(469) 502-6080
55 Total Sales
1 in The Colony
$1,199,000 Price
-
Abey Mathew
Abey Mathew
1st Class Real Estate Next Generation
(972) 944-8919
7 Total Sales
1 in The Colony
$495,000 Price
-
Mike Elarnaouty
Mike Elarnaouty
OnDemand Realty
(469) 608-2325
20 Total Sales
1 in The Colony
$369,900 Price
-
Collin Duke
Collin Duke
Coldwell Banker Apex, REALTORS
(817) 318-8016
71 Total Sales
1 in The Colony
$350,000 Price
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 |
|---|---|---|---|
| -- | None Listed On Document | ||
| -- | None Available | ||
| -- | -- |
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 | $263,250 | ||
| Previous Owner | -- | ||
| Previous Owner | $96,000 |
Source: Public Records
Property 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 | 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
-
Monica Mccormick
M
Seller's Agent in 2025
Monica Mccormick
1 Percent Lists Apex
(972) 816-1673
134 Total Sales
-
Honey Shahbaz
H
Buyer's Agent in 2025
Honey Shahbaz
New Age Real Estate
(972) 750-1855
4 Total Sales
Map
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20835653
APN: R07727
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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 2026. All rights reserved
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