NOT LISTED FOR SALE

5557 Rice Dr the Colony, TX 75056

Estimated Value: $340,925 - $374,000

3 Beds
2 Baths
1,640 Sq Ft
$217/Sq Ft Est. Value

Last Sold May 08, 2019

Current estimated payment $2,447/month

13 Days on Market

Highlights

  • Vaulted Ceiling
  • Traditional Architecture
  • Community Pool
  • B B Owen Elementary School Rated A
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of May 2019

WHOA - CHECK OUT THIS BACKYARD! Oversized Backyard with a Permanent Storage Shed Workshop, Board on Board Cedar Fence, Solar Powered Automatic Gate, Custom 2-car Carport, PLUS a full sized 2-car Garage. You won’t find this in The Colony anywhere else. Step inside to 3 Bedrooms + Office + 2 Bathroom. Remodeled Master Bathroom down to the Studs with Step in Tiled Shower, Bowl Sink, Framed Mirror. New Stainless Steel Appliances, New Windows, HVAC unit, Roof 2017, Engineered Wood Floors, New Paint inside and out, New Hardie Board Siding, New Electrical Panel, Foundation completed 2017. Only 100 Yards to The Colony Pool. Easy Access to 121, Toyota, Legacy West. With over $100k in upgrades, you will LOVE this home.

Last Agent to Sell the Property

Christopher Ohlig

Compass RE Texas, LLC License #0591753 Listed on: 03/28/2019

Compass RE Texas, LLC

Co-Listed By

Cole McCarter

EXP REALTY License #0662414

Last Buyer's Agent

Mary Brown

Better Homes and Gardens Real Estate, Winans License #0643434

Better Homes and Gardens Real Estate, Winans

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1979

Lot Details

  • 8,712 Sq Ft Lot
  • Gated Home
  • Wood Fence
  • Aluminum or Metal Fence
  • Landscaped
  • Interior Lot
  • Irregular Lot
  • Few Trees
  • Large Grassy Backyard

Parking

  • 2 Car Attached Garage
  • 2 Carport Spaces
  • Oversized Parking
  • Rear-Facing Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 1,640 Sq Ft Home
  • 1-Story Property
  • Dry Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Brick Fireplace
  • ENERGY STAR Qualified Windows
  • Window Treatments
  • 12 Inch+ Attic Insulation
  • Washer and Electric Dryer Hookup

Kitchen

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

Flooring

  • Wood
  • Carpet
  • 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
  • Energy-Efficient HVAC
  • Energy-Efficient Doors
  • Energy-Efficient Thermostat

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Storage
  • Rain Gutters

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 24 / 135
  • Assessor Parcel Number R01555
  • $4,095 per year unexempt tax

Community Details

Overview

  • Colony 20 Subdivision
  • Greenbelt

Amenities

  • Community Mailbox

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 1979

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
  • Restrictions: No Known Restriction(s)
  • Security: Security System, 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
  • Ratio Current Price By Building: 152.43902
  • Special Features: None
  • Year Built: 1979

Interior Features

  • Square Footage: 1640.00
  • Windows: Skylights(s), Window Coverings
  • Fireplace Features: Brick, Wood Burning
  • Interior Amenities: Cable TV Available, Dry Bar, High Speed Internet Available, Vaulted Ceiling(s)
  • Flooring: Carpet, Ceramic Tile, Wood
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Microwave, Plumbed for Ice Maker, Refrigerator, Electric Water Heater
  • Fireplaces: 1
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Room Count: 9

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

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

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric
  • Garage Spaces: 2
  • Carport Spaces: 2
  • Total Covered Spaces: 4
  • Parking Features: Covered, Garage, Garage Door Opener, Garage Faces Rear, Oversized, Other
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, Electric
  • LaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • Utilities: Alley, City Sewer, City Water, Community Mailbox, Concrete, Curbs, Individual Water Meter, Sidewalk, Underground Utilities

Condo/Co-op/Association

  • Association Type: None

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Few Trees, Interior Lot, Irregular Lot, Landscaped, Lrg. Backyard Grass
  • Lot Size Units: Acres
  • Lot Size Area: 0.2000
  • Parcel Number: R01555
  • Lot Size Acres: 0.2000
  • Lot Size Sq Ft: 8712.0000

Green Features

  • Efficiency: 12 inch+ Attic Insulation, Appliances, Doors, HVAC, Thermostat, Windows

Building Info

  • Year Built: 1979

Tax Info

  • Unexempt Taxes: 4095
  • TaxBlock: 135
  • Tax Lot: 24

MLS Schools

  • MiddleOrJuniorSchool: Griffin
  • Middle School Name: Griffin
  • Elementary School Name: Owen
  • High School Name: The Colony

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2019
Closed on
May 7, 2019
Sold by
Gray Otis Wayne and Gray Teddye Jo
Bought by
Barnes Larry and Barnes Annette
Seller's Agent
Christopher Ohlig
Compass RE Texas, LLC
Buyer's Agent
Mary Brown
Better Homes and Gardens Real Estate, Winans
List Price
$250,000
Current Estimated Value
$355,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.77%
Original Mortgage
$250,000
Interest Rate
4%
Mortgage Type
VA

Purchase Details

Closed on
Apr 18, 1994
Sold by
Weber Vernadene and William Weber W
Bought by
Gray Otis Wayne and Gray Teddye Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,916
Interest Rate
6%
Mortgage Type
FHA
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
Barnes Larry -- None Available
Gray Otis Wayne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barnes Larry $250,300
Closed Barnes Larry $250,300
Closed Barnes Larry $250,000
Previous Owner Gray Otis Wayne $70,300
Previous Owner Gray Otis Wayne $68,916
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2019 05/08/19 Sold -- -- --
04/10/2019 04/10/19 Pending -- -- --
03/28/2019 03/28/19 For Sale $250,000 -- $152 / 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 -- $347,654 $72,030 $277,741
2024 $6,133 $316,049 $0 $0
2023 $5,630 $287,317 $72,030 $270,921
2022 $5,483 $261,197 $72,030 $236,463
2021 $5,289 $244,833 $44,587 $200,246
2020 $4,798 $215,865 $44,587 $185,029
2019 $4,505 $196,241 $44,587 $184,685
2018 $4,122 $178,401 $44,587 $157,962
2017 $3,788 $162,183 $44,587 $139,744
2016 $3,444 $147,439 $25,998 $139,251
2015 $2,729 $134,035 $25,998 $114,843
2014 $2,729 $121,850 $25,998 $98,105
2013 -- $107,593 $25,998 $81,595
Source: Public Records

Agents Affiliated with this Home

  • Christopher Ohlig

    Seller's Agent in 2019

    Christopher Ohlig

    Compass RE Texas, LLC

    (972) 800-7844

    26 in this area

    139 Total Sales

    Section Image

  • C

    Seller Co-Listing Agent in 2019

    Cole McCarter

    EXP REALTY

    Section Image

  • M

    Buyer's Agent in 2019

    Mary Brown

    Better Homes and Gardens Real Estate, Winans

    (214) 673-5548

    63 Total Sales

    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14045844

North Texas Real Estate Information Systems (NTREIS)

APN: R01555

Texas Denton County The Colony 75056

5557 Rice Dr, The Colony, TX

This home is located at 5557 Rice Dr, the Colony, TX 75056 since 28 March 2019 and is currently estimated at $355,481, approximately $216 per square foot. This property was built in 1979. 5557 Rice 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.

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.

North Texas Real Estate Information Systems (NTREIS) 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 2025. All rights reserved

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