$315,000
$15K PRICE DROP

5529 Gates Dr the Colony, TX 75056

Estimated payment $1,999/month

Total Views 18,875
3 Beds
2 Baths
1,379 Sq Ft
$228 Price per Sq Ft

Highlights

  • Open Floorplan
  • Laundry in Utility Room
  • Privacy Fence
  • 2 Car Attached Garage
  • 1-Story Property
  • 2-minute walk to Slay/Baker Park

About This Home

Welcome to this remarkable property! Featuring three spacious bedrooms and two modern bathrooms, this home is designed for comfortable living. Remodeled in 2020, including kitchen and bathroom remodel, flooring, foundation repair, and a new AC system to keep you cool during the warmer months. The roof was replaced in 2017, radiant barrier added to aid in energy efficiency. Additionally, new gutters were installed in 2021, along with a recently reconditioned fence. A new hot water heater installed in 2025, offering the latest in home conveniences. Don’t miss the chance to own a beautifully updated home that blends modern amenities with timeless charm! Mature live oaks, St. Augustine lawn, steps away from the Baker Slay Park and Legend's trails. Community highlights include Lake Lewisville access at Stewart Peninsula and Grandscape entertainment district.

Listing Agent

Gabreylle Cornelius

eXp Realty, LLC Brokerage Phone: 888-519-7431 License #0811030 Listed on: 07/17/2025

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1975

Lot Details

  • 6,708 Sq Ft Lot
  • Privacy Fence
  • Fenced
  • Back Yard

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,379 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Family Room with Fireplace
  • Dishwasher
  • Laundry in Utility Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

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

Community Details

  • Colony No 11 Subdivision

Listing and Financial Details

  • Assessor Parcel Number R07700

Home Details

Home Type

Single Family

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • OWNERNAME: Nicholas Garner
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached
  • Unit Levels: One
  • Attribution Contact: 888-519-7431
  • Co List Office Mls Id: XPTY00FW
  • Structure Type: House
  • HumanModifiedYN: Yes
  • UniversalParcelId: urn:reso:upi:2.0:US:48121:R07700
  • Special Features: VirtualTour

Interior Features

  • Square Footage: 1379.0
  • Fireplace Features: Family Room
  • Interior Amenities: Open Floorplan
  • Appliances: Dishwasher
  • Basement YN: No
  • Fireplaces: 1

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Slab
  • Fencing: Back Yard, Fenced, Privacy
  • Construction Materials: Brick
  • Pool Features: None

Garage/Parking

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

Utilities

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

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size Units: Square Feet
  • Lot Size Area: 6708.0
  • Parcel Number: R07700
  • Lot Size Acres: 0.154
  • Lot Size Sq Ft: 6708.0

Building Info

  • Year Built: 1975
  • SeniorCommunityYN: No

MLS Schools

  • MiddleOrJuniorSchool: Griffin

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $4,325 $279,133 $67,100 $212,033
2024 $5,507 $283,770 $0 $0
2023 $3,884 $257,973 $67,100 $226,980
2022 $4,923 $234,521 $67,100 $193,842
2021 $4,749 $213,201 $39,589 $173,612
2020 $4,427 $199,155 $39,589 $159,566
2019 $4,548 $198,128 $39,589 $158,539
2018 $4,161 $180,121 $39,589 $140,532
2017 $3,845 $164,584 $39,589 $124,995
2016 $3,549 $151,923 $39,589 $112,334
2015 $2,650 $141,193 $24,156 $117,037
2013 -- $102,681 $24,156 $78,525
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2026 01/30/26 Price Changed $315,000 -1.6% $228 / Sq Ft
01/15/2026 01/15/26 For Sale $320,000 0.0% $232 / Sq Ft
01/14/2026 01/14/26 Off Market -- -- --
10/14/2025 10/14/25 Price Changed $320,000 -1.5% $232 / Sq Ft
09/15/2025 09/15/25 Price Changed $325,000 -1.5% $236 / Sq Ft
07/17/2025 07/17/25 For Sale $330,000 0.0% $239 / Sq Ft
06/09/2023 06/09/23 Rented $2,150 0.0% --
06/07/2023 06/07/23 Under Contract -- -- --
05/24/2023 05/24/23 For Rent $2,150 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Purchase History

Date Type Sale Price Title Company
Vendors Lien -- Alamo Title Company
Vendors Lien -- Capital Title
Vendors Lien -- Associates Title
Vendors Lien -- Atc
Trustee Deed $72,033 --
Warranty Deed -- --
Warranty Deed -- --
Trustee Deed $41,596 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $199,028 New Conventional
Previous Owner $195,000 New Conventional
Previous Owner $137,362 FHA
Previous Owner $107,900 Purchase Money Mortgage
Previous Owner $72,900 Seller Take Back
Source: Public Records

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 21000427

North Texas Real Estate Information Systems (NTREIS)

APN: R07700