$314,500
SOLD JUN 6, 2025
Last list price

7116 Independence Dr the Colony, TX 75056

3 Beds
2 Baths
1,068 Sq Ft
6,621 Sq Ft Lot

Recently Sold

$294 Per Sq Ft

12 Days on Market

Highlights

  • Open Floorplan
  • Traditional Architecture
  • Eat-In Kitchen
  • B B Owen Elementary School Rated A
  • 1 Car Attached Garage
  • 1-Story Property

About This Home

As of June 2025

Welcome home! This one is a MUST SEE! A beautifully updated 3-bedroom, 2-bath home nestled in a quiet, sought-after neighborhood in The Colony. Just steps from scenic walking trails, Bill Allen Memorial Park, and the Turner Soccer Complex, this location offers the perfect balance of tranquility and accessibility. Enjoy being just minutes away from the vibrant entertainment and dining at Grandscape, The Star in Frisco, Shops at Legacy, and Lake Lewisville, with quick and easy access to Hwy 121 and the Dallas North Tollway. Inside, the home is filled with modern upgrades including an updated kitchen, a fully remodeled spa-like primary bathroom, a newer roof (2022), and a new fence (2023). Energy-saving solar panels help keep utility bills low, and the oversized backyard is ideal for entertaining. A standout feature is the insulated backyard shed, fully equipped with electricity, internet, and AC—perfect for a home office, gym, or creative flex space. Move-in ready and full of thoughtful upgrades, this home truly has it all. Schedule your private showing today!

Last Agent to Sell the Property

Angela Masera

Keller Williams Realty DPR Brokerage Phone: 832-744-1238 License #0652511 Listed on: 05/07/2025

Keller Williams Realty DPR

Last Buyer's Agent

Krissy Mireles

eXp Realty LLC License #0436632

eXp Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,025

Year Built

  • Built in 1982

Parking

  • 1 Car Attached Garage
  • Front Facing Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,068 Sq Ft Home
  • 1-Story Property
  • Open Floorplan

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Owen Elementary School
  • The Colony High School

Additional Features

  • 6,621 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • Colony 23 Subdivision

Listing and Financial Details

  • Legal Lot and Block 2 / 175
  • Assessor Parcel Number R16007

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,025

Year Built

Built in 1982

Lot Details

0

Parking

1

Listing Details

  • OWNERNAME: Karol Haile
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional, Detached
  • Unit Levels: One
  • Year Built Details: Preowned
  • Attribution Contact: 832-744-1238
  • Co List Office Mls Id: KELL01
  • Structure Type: House
  • Special Features: VirtualTour
  • Year Built: 1982

Interior Features

  • Square Footage: 1068.0
  • Interior Amenities: Eat-in Kitchen, Open Floorplan
  • Appliances: Dishwasher, Electric Range, Disposal, Microwave
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Construction Materials: Brick
  • Pool Features: None

Garage/Parking

  • Cooling System: Central Air
  • Garage Spaces: 1.0
  • Total Covered Spaces: 1.0
  • Parking Features: Garage Faces Front
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Central
  • Utilities: Sewer Available, Water Available
  • Heating Yn: Yes

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size Units: Acres
  • Lot Size Area: 0.152
  • Parcel Number: R16007
  • Lot Size Acres: 0.152
  • Lot Size Sq Ft: 6621.12

Building Info

  • Year Built: 1982

Tax Info

  • TaxBlock: 175
  • Tax Lot: 2
  • Tax Annual Amount: 5025.0

MLS Schools

  • MiddleOrJuniorSchool: Griffin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2025
Closed on
Jun 6, 2025
Sold by
Lugo Karol Colon and Haile Karol
Bought by
Bridges Keelee M and Bridges Forrest S
Seller's Agent
Angela Masera
Keller Williams Realty DPR
Buyer's Agent
Krissy Mireles
eXp Realty LLC
List Price
$314,500
Views
80

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,294
Outstanding Balance
$309,294
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
$702

Purchase Details

Listed on
Feb 23, 2021
Closed on
Apr 1, 2021
Sold by
Lowers Investment Holdings Llc
Bought by
Lugo Karol Colon
Seller's Agent
Sarah McCrory
Redfin Corporation
Buyer's Agent
Angela Masera
Keller Williams Realty DPR
List Price
$219,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,220
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2017
Sold by
Rozen Yona and Wolfson Paul G
Bought by
Lowry S Investments Holding Llc

Purchase Details

Closed on
Mar 22, 2017
Sold by
Wolfson Jonathan A
Bought by
Rozen Yona and Wolfson Paul G

Purchase Details

Closed on
Jul 29, 2013
Sold by
Secretary Of Housing & Urban Development
Bought by
Rozen Yona and Wolfson Paul G

Purchase Details

Closed on
Jan 7, 2013
Sold by
Gmac Mortgage Llc
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Dec 16, 2012
Sold by
Zakalowski Mary Elizabeth
Bought by
Gmac Mortgage Llc

Purchase Details

Closed on
Mar 12, 2010
Sold by
Bennett Patricia K
Bought by
Zakalowski Mary Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,676
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 6, 2003
Sold by
Denton Affordable Housing Corp
Bought by
Bennett Patricia K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,900
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 2002
Sold by
Hud
Bought by
Denton Affordable Housing Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,100
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 10, 2002
Sold by
Mortgage Electronic Registration Systems
Bought by
Hud

Purchase Details

Closed on
Sep 3, 2002
Sold by
Trevino Lisa M
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Dec 15, 2000
Sold by
Guerra Armando and Guerra Shannon N
Bought by
Trevino Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,975
Interest Rate
7.8%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 13, 1995
Sold by
Greenwell David H and Greenwell Pauline Eason
Bought by
Guerra Armando and Guerra Shannon N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,610
Interest Rate
7.54%
Mortgage Type
Assumption
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- Lawyers Title
Vendors Lien -- Alamo Title
Warranty Deed -- None Available
Interfamily Deed Transfer -- None Available
Special Warranty Deed -- Fatco
Warranty Deed -- None Available
Trustee Deed $60,000 None Available
Warranty Deed -- Rtt
Vendors Lien -- American Title
Vendors Lien -- --
Warranty Deed -- --
Trustee Deed $84,871 --
Vendors Lien -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $309,294 FHA
Previous Owner $219,220 New Conventional
Previous Owner $91,676 FHA
Previous Owner $29,900 Purchase Money Mortgage
Previous Owner $80,100 Purchase Money Mortgage
Previous Owner $82,975 FHA
Previous Owner $56,610 Assumption
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2025 06/06/25 Sold -- -- --
05/19/2025 05/19/25 Pending -- -- --
05/07/2025 05/07/25 For Sale $314,500 +43.6% $294 / Sq Ft
04/01/2021 04/01/21 Sold -- -- --
02/28/2021 02/28/21 Pending -- -- --
02/23/2021 02/23/21 For Sale $219,000 -- $160 / 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 $3,849 $244,358 $59,400 $184,958
2024 $5,025 $258,937 $59,400 $199,537
2023 $3,751 $251,187 $56,100 $211,263
2022 $4,794 $228,352 $56,100 $172,252
2021 $4,070 $182,738 $39,600 $143,138
2020 $3,712 $167,003 $39,600 $127,403
2019 $3,842 $167,387 $39,600 $127,787
2018 $2,772 $120,000 $39,600 $80,400
2017 $2,349 $100,574 $28,380 $72,194
2016 $2,211 $94,635 $28,380 $66,255
2015 $1,766 $84,543 $18,810 $65,733
2014 $1,766 $72,924 $18,810 $54,114
2013 -- $82,478 $18,810 $63,668
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20925178

North Texas Real Estate Information Systems (NTREIS)

APN: R16007