
7116 Independence Dr the Colony, TX 75056
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 2025Welcome 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
Keller Williams Realty DPR Brokerage Phone: 832-744-1238 License #0652511 Listed on: 05/07/2025

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
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Purchase Details
Purchase Details
Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Similar Homes in the Colony, TX
Home Values in the Area
Average Home Value in this Area
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 | -- | -- |
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 |
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 |
Tax History Compared to Growth
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 |
Agents Affiliated with this Home
-
Seller's Agent in 2025
Angela Masera
Keller Williams Realty DPR
(832) 744-1238
3 in this area
56 Total Sales
-
Buyer's Agent in 2025
Krissy Mireles
eXp Realty LLC
(512) 903-1121
1 in this area
466 Total Sales
-
S
Seller's Agent in 2021
Sarah McCrory
Redfin Corporation
Map
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20925178

APN: R16007
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