$301,749 - $314,000
RENTED MAR 14, 2025

5517 Ramsey Dr The Colony, TX 75056

3 Beds
2 Baths
1,249 Sq Ft
$248 Price per Sq Ft

Highlights

  • 1 Car Attached Garage
  • Laundry in Utility Room
  • 1-Story Property
  • The Colony High School Rated A-

About This Home

As of March 2025

A charming single-family residence nestled in The Colony, Texas. This delightful home offers 3 bedrooms and 2 bathrooms within 1,249 square feet of living space. Step inside to discover an open floor plan that seamlessly connects the living, dining, and kitchen areas, creating an inviting atmosphere for both relaxation and entertaining. The interior boasts luxury vinyl plank flooring throughout, providing durability and a modern aesthetic. The kitchen has been thoughtfully updated with GE appliances, oak cabinets, and ample counter space, making it a joy for any home chef. The primary bedroom features a walk-in closet, offering plenty of storage. Both bathrooms have been updated, including ceramic tile. Outside, you'll find a fenced backyard complete with an open patio deck and a storage shed, providing a perfect setting for outdoor activities and gatherings. Additional features include central air conditioning and heating, an attached one-car garage, and a location within the reputable Lewisville Independent School District, with Peters Colony Elementary School, Griffin Middle School, and The Colony High School serving the area.All DWC Property residents are enrolled in the Resident Benefits Package (RBP) for $60.00 month which includes liability insurance, credit building to help boost the resident’s credit score with timely rent payments, up to $1M Identity Theft Protection, HVAC air filter delivery (for applicable properties), move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, on-demand pest control, and much more! More details upon application.

Last Agent to Rent the Property

Darrell Calhoun

First-In Realty Brokerage Phone: 972-746-6333 License #0771708 Listed on: 01/22/2025

Last Renter's Agent

Darrell Calhoun

First-In Realty Brokerage Phone: 972-746-6333 License #0771708 Listed on: 01/22/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,869

Year Built

  • Built in 1974

Lot Details

  • 6,839

Parking

  • 1 Car Attached Garage
  • 1 Carport Space
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 1,249 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Oven
  • Electric Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Washer and Electric Dryer Hookup

Schools

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

Additional Features

  • 6,839 Sq Ft Lot
  • Cable TV Available

Community Details

  • Colony 14 Subdivision
  • Property managed by DWC Property Group

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,150
  • Tenant pays for all utilities, grounds care
  • $50 Application Fee
  • Legal Lot and Block 8 / 89
  • Assessor Parcel Number R03472

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,869

Year Built

Built in 1974

Lot Details

0

Parking

1

Rental Info

  • PetsAllowed: Breed Restrictions
  • Deposit Amount: 2150
  • Pet Deposit: 150
  • Lease Conditions: Application Fee, Credit Report, Prior Residence Info.
  • Lease Type: Yearly
  • Number Of Pets Allowed: 2
  • Tenant Pays: All Utilities, Grounds Care
  • Application Fee: 50
  • Furnished YN: No

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Structural Style: Single Detached
  • Unit Levels: One
  • Restrictions: No Livestock, No Smoking, No Sublease
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Non Refundable Pet Fee Y N: Yes
  • Property Managed By: DWC Property Group
  • Will Subdivide: No
  • Attribution Contact: 972-746-6333
  • Special Features: None
  • Year Built: 1974

Interior Features

  • Square Footage: 1249.00
  • Interior Amenities: Cable TV Available
  • Appliances: Electric Cooktop, Electric Oven, Electric Range
  • Basement YN: No
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Room Count: 2
  • Appliances: Yes

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Roof: Asphalt
  • Construction Materials: Brick

Garage/Parking

  • Garage Spaces: 1
  • Carport Spaces: 1
  • Number Of Vehicles: 4
  • Parking Features: Driveway, Garage, Garage Door Opener, Garage Faces Front
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • LaundryFeatures: Electric Dryer Hookup, Utility Room, Washer Hookup
  • Utilities: Asphalt, Cable Available, City Sewer, City Water, Electricity Available, Electricity Connected

Condo/Co-op/Association

  • Association Type: None
  • Number Of Days Guests Allowed: 7

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size Units: Acres
  • Lot Size Area: 0.1570
  • Parcel Number: R03472
  • Lot Size Acres: 0.1570
  • Lot Size Sq Ft: 6838.9200

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1974
  • SeniorCommunityYN: No

Tax Info

  • TaxBlock: 89
  • Tax Lot: 8

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2009
Sold by
Mong Kevin and Mong Kelly
Bought by
Schaphorst Stephen F and Schaphorst Jennifer A
Current Estimated Value
$309,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Outstanding Balance
$74,866
Interest Rate
5.31%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$242,376

Purchase Details

Closed on
Dec 17, 2008
Sold by
Household Finance Corp Iii
Bought by
Mong Kevin

Purchase Details

Closed on
Nov 9, 2008
Sold by
Ward Steven and Ward Maria T
Bought by
Household Finance Corp Iii

Purchase Details

Closed on
Mar 16, 1999
Sold by
Walker Robert Cleveland and Walker Beverly Johnson
Bought by
Ward Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,000
Interest Rate
6.82%
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
Schaphorst Stephen F -- Ctc
Mong Kevin -- Lsi Title Agency
Household Finance Corp Iii $82,614 None Available
Ward Steven -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaphorst Stephen F $112,000
Previous Owner Ward Steven $79,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2025 03/14/25 Rented $1,800 0.0% --
03/12/2025 03/12/25 Under Contract -- -- --
03/09/2025 03/09/25 Price Changed $1,800 -7.7% $1 / Sq Ft
03/09/2025 03/09/25 For Rent $1,950 0.0% --
03/08/2025 03/08/25 Off Market $1,950 -- --
02/13/2025 02/13/25 Price Changed $1,950 -4.9% $2 / Sq Ft
02/08/2025 02/08/25 Price Changed $2,050 -4.7% $2 / Sq Ft
01/22/2025 01/22/25 For Rent $2,150 +48.3% --
09/13/2018 09/13/18 Rented $1,450 -3.3% --
09/11/2018 09/11/18 Under Contract -- -- --
07/28/2018 07/28/18 For Rent $1,500 -- --
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 $5,869 $302,425 $67,300 $235,125
2024 $5,869 $302,417 $67,300 $235,117
2023 $5,863 $299,188 $67,300 $231,888
2022 $5,545 $264,138 $67,300 $196,838
2021 $4,655 $209,013 $41,659 $167,354
2020 $4,406 $198,229 $41,659 $156,570
2019 $4,507 $196,317 $41,659 $154,658
2018 $4,339 $187,812 $41,659 $146,153
2017 $3,991 $170,842 $41,659 $129,183
2016 $3,947 $152,524 $23,870 $128,654
2015 $2,320 $131,144 $23,870 $107,274
2014 $2,320 $104,958 $23,870 $84,367
2013 -- $95,416 $23,870 $71,546
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20824532

North Texas Real Estate Information Systems (NTREIS)

APN: R03472