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General Description
minimizeThis gorgeous 3 bedroom 2 bathroom home with 2 living areas is perfect for anyone looking for a MOVE IN READY home in The Colony! It has beautifully updated bathrooms and kitchen, and includes gorgeous wood style laminate flooring. This home has a great layout for entertaining! The kitchen offers stainless steel appliances, an elegant backsplash, and granite counter tops. Prime location near shopping and highways and is settled in an established neighborhood. This home is a must see!
Rooms/Lot Dimensions
Interior Features
Exterior Features
Additional Information
Financial Information
Source
Selling Agent and Brokerage
minimizeProperty Tax
minimizeMarket Value Per Appraisal District
Cost/sqft based on Market Value
| Tax Year | Cost/sqft | Market Value | Change | Tax Assessment | Change |
|---|---|---|---|---|---|
| 2023 | $225.49 | $379,717 | 11.12% | $379,717 | 38.65% |
| 2022 | $202.93 | $341,733 | 37.25% | $273,877 | 10.00% |
| 2021 | $147.85 | $248,979 | -4.85% | $248,979 | -4.85% |
| 2020 | $155.38 | $261,667 | -1.81% | $261,667 | 1.69% |
| 2019 | $158.24 | $266,478 | 13.92% | $257,307 | 10.00% |
| 2018 | $138.90 | $233,915 | 40.28% | $233,915 | 50.21% |
| 2017 | $99.02 | $166,748 | 7.16% | $155,726 | 10.00% |
| 2016 | $92.40 | $155,607 | 20.91% | $141,569 | 10.00% |
| 2015 | $76.42 | $128,699 | 8.41% | $128,699 | 8.41% |
| 2014 | $70.50 | $118,714 | 5.06% | $118,714 | 5.06% |
| 2013 | $67.10 | $112,994 | $112,994 |
2023 Denton County Appraisal District Tax Value
| Market Land Value: | $79,200 |
| Market Improvement Value: | $300,517 |
| Total Market Value: | $379,717 |
2023 Tax Rates
| CITY OF THE COLONY: | 0.6400 % |
| DENTON COUNTY: | 0.1895 % |
| LEWISVILLE ISD: | 1.1301 % |
| Total Tax Rate: | 1.9596 % |
Estimated Mortgage/Tax
minimize| Estimated Monthly Principal & Interest (Based on the calculation below) | $ 1,241 |
| Estimated Monthly Property Tax (Based on Tax Assessment 2023) | $ 620 |
| Home Owners Insurance | Get a Quote |
Schools
minimizeSchool information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
ASSIGNED SCHOOLS
Good | 
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Property Map
minimize5116 Reed Dr The Colony TX 75056 was recently sold. It is a 0.15 Acre(s) Lot, 1,684 SQFT, 3 Beds, 2 Full Bath(s) in Colony 18.
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