Investor opportunity or starter home! Fantastic single family home in a great location near a gorgeous greenbelt with trails. Only a few minutes from the business hubs in Frisco and Plano right off of HW121. 3 bedrooms, 2 bathroom, large den with fireplace and vaulted ceiling. Beautifully hardscaped and private backyard. Large Master Bedroom with two walk in closets. Currently leased, move out Feb 28th 2020.
Single-familyProperty Type
1978Year Built
6,621 sq ftLot Size
$185Est. Price/Sq.Ft.
2 spacesParking
Listed by Jennifer Menon• WILLIAM DAVIS REALTY
Bought with Anne Perez-McLaughlin• Keller Williams Frisco Stars
LOCATION! BEAUTIFUL! PRICED RIGHT! Beautiful home under $240K in The Colony - Just a few minutes drive to TOYOTA HEADQUARTERS, Lewisville Lake, Fed EX, Liberty Mutual, and The Star. Large sized rooms, Vaulted ceiling, built in cabinets, many updates, new flooring, recently replaced roof, appliances, lifetime warranty on foundation, newly painted interior, lighting, fixtures, and bathroom updates, and more! You will FALL in love with the backyard beauty brick paved paths throughout this flower * plant garden. OPEN HOUSE SATURDAY & SUNDAY from 12-4 Sept 30 & Oct 1st.
Public Records
Oct 3, 1986
Sold
*
Public Records
Jun 28, 1983
Sold
*
Year
Property tax
Land + Additions
Assessment*
2025
$6,230 (+3.1%)
$79,200 + $242,956
$322,156
2024
$6,040 (+8.9%)
2023
$5,544 (+2.7%)
2022
$5,400 (+5.4%)
2021
$5,124 (−6.3%)
$52,800 + $181,019
$233,819
2020
$5,467 (+2.5%)
$52,800 + $192,653
$245,453
2019
$5,335 (+6.1%)
$52,800 + $187,200
$240,000
2018
$5,030 (+33.3%)
$52,800 + $166,321
$219,121
2017
$3,773 (+8.8%)
2016
$3,467 (+6.7%)
2015
$3,250 (+7.9%)
2014
$3,011 (+4.2%)
$26,400 + $97,958
$124,358
2013
$2,889 (−0.8%)
$26,400 + $97,958
$124,358
2012
$2,913 (−2.5%)
$26,400 + $92,030
$118,430
2011
$2,986 (+3.5%)
$26,400 + $94,141
$120,541
2010
$2,886 (+3.7%)
$26,400 + $98,748
$125,148
2009
$2,783
Tax history for 5113 Reed Dr
Year
Property tax
Land + Additions
Assessment*
2025
$6,230 (+3.1%)
$79,200 + $242,956
$322,156
2024
$6,040 (+8.9%)
2023
$5,544 (+2.7%)
2022
$5,400 (+5.4%)
2021
$5,124 (−6.3%)
$52,800 + $181,019
$233,819
2020
$5,467 (+2.5%)
$52,800 + $192,653
$245,453
2019
$5,335 (+6.1%)
$52,800 + $187,200
$240,000
2018
$5,030 (+33.3%)
$52,800 + $166,321
$219,121
2017
$3,773 (+8.8%)
2016
$3,467 (+6.7%)
2015
$3,250 (+7.9%)
2014
$3,011 (+4.2%)
$26,400 + $97,958
$124,358
2013
$2,889 (−0.8%)
$26,400 + $97,958
$124,358
2012
$2,913 (−2.5%)
$26,400 + $92,030
$118,430
2011
$2,986 (+3.5%)
$26,400 + $94,141
$120,541
2010
$2,886 (+3.7%)
$26,400 + $98,748
$125,148
2009
$2,783
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
3
Baths
2
Stories
1
Lot width
60 ft.
Lot depth
110 ft.
Lot size
6,600 Sq. Ft.
Year renovated
—
Sq. Ft.
1,881
Year built
1978
Style
Single Family Residential
County
Denton County
APN
R 000000090195
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 20, 2026.
SF-4
Single-Family-4 Dwelling District
Single-family residential development constitutes the backbone of The Colony. Such development is to be protected from inharmonious and inconsistent uses to preserve the integrity of the neighborhood and protect property values of home owners. The regulations relating to SF-1, SF-2, SF-3 and SF-4 district's allow for greater diversity of development of single-family residential dwellings within the city.
Permitted uses
Include but are not limited to:
Convention center
Religious facility
Housing-Single unit
Educational/school
Feb 22, 2008 • Final
Re roof
Work on a reroof.
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.