Last listed at $325,000, closed on feb 2022

$355,941

Est. refi paymentEst. refi $717/mo

•

1,684

sq ft

5116 Reed Dr, The Colony, TX 75056

About this home

This 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!

Single-familyProperty Type

1978Year Built

6,621 sq ftLot Size

$211Est. Price/Sq.Ft.

2 car garageParking

Listed by Jacquie Muller • Keller Williams Realty Allen

Bought with Amy Herzog • C21 Fine Homes Judge Fite

Redfin checked: 3 minutes ago

•Source:NTREIS #14739381

Redfin Estimate

$355,941

$31K over list price of $325K

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 0.7% higher than the average sale price ($353K) of 6 comparable homes.

SOLD JUN 30, 2026
$350,000
A
3 beds2 baths1,711 sq ft
4913 Wagner Dr, The Colony, TX 75056
SOLD JUN 26, 2026
$349,900
B
3 beds2 baths1,727 sq ft
4912 Wheeler Dr, The Colony, TX 75056
SOLD AUG 12, 2026
$360,000
C
3 beds2 baths1,711 sq ft
5408 Sagers Blvd, The Colony, TX 75056
SOLD JUL 16, 2026
$379,000
D
3 beds2 baths1,912 sq ft
5121 Pruitt Dr, The Colony, TX 75056
SOLD JUN 19, 2026
$400,000
E
3 beds2 baths1,711 sq ft
5025 Wheeler Cir, The Colony, TX 75056
SOLD AUG 12, 2026
$282,000
F
3 beds2 baths1,516 sq ft
4805 Wheeler Dr, The Colony, TX 75056

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Earn from this home

Sell

$333,425

Est. take-home

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Refinance

Est. cash available

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Rent

$2,658/mo

Redfin rental estimate

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Market trends in 75056, TX

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

97.8%

0.3% MoM

Median sale price

$509K

$5K MoM

Avg. days on market

42d

3 days MoM

Recently sold homes

224

10 MoM

New listings for sale

NEW 14 HRS AGO
$559,998
5 beds2.5 baths3,505 sq ft
6504 Autumn Trl, The Colony, TX 75056
$629,500
4 beds3 baths3,196 sq ft
2241 Magic Mantle Dr, Lewisville, TX 75056
$2,895,000
4 beds5.5 baths5,887 sq ft
1121 Excalibur Blvd, Lewisville, TX 75056
3D WALKTHROUGH
$495,000
4 beds2 baths2,339 sq ft
6432 Barstow Ln, The Colony, TX 75056
OPEN SAT, 1PM TO 3PM
$1,425,000
5 beds4 baths4,659 sq ft
6549 Terrace Dr, The Colony, TX 75056
OPEN SUN, 1PM TO 3PM
$395,000
3 beds2 baths1,748 sq ft
4433 Larner St, The Colony, TX 75056
$499,000
4 beds2.5 baths2,326 sq ft
6225 Bear Run Rd, The Colony, TX 75056
$515,000
4 beds2.5 baths2,831 sq ft
4521 Newport Dr, The Colony, TX 75056
$374,900
3 beds2 baths1,534 sq ft
5720 Truitt St, The Colony, TX 75056
$304,900
3 beds2 baths1,339 sq ft
5312 Slay Dr, The Colony, TX 75056
See all

Provided by Redfin

Sale history for 5116 Reed Dr

Date

Event

Price

Public Records

Mar 1, 2022

Sold

NTREIS #14739381

Feb 25, 2022

Sold

Jan 30, 2022

Pending

—

Jan 24, 2022

Contingent

—

Jan 17, 2022

Listed

$325,000

$193/sq ft

Public Records

Jun 20, 2017

Sold

NTREIS #13603954

Jun 15, 2017

Sold

Jun 2, 2017

Pending

—

May 23, 2017

Contingent

—

May 18, 2017

Listed

$229,900

$137/sq ft

Welcome to 5116 Reed! Recently renovated, this gorgeous 3 bedroom 2 bathroom home will take your breath away! Featuring all new flooring throughout the home, beautifully remodeled modern bathrooms and a stunning kitchen, this home is perfect for entertaining family and friends! The kitchen offers all new stainless steel appliances, an elegant backsplash, granite counter tops and even a new garbage disposal! Brand new roof and windows! Fantastic location near shopping and highways and in an established neighborhood. This home is a must see!

Public Records

Mar 16, 2017

Sold

NTREIS #13512278

Mar 13, 2017

Sold

Feb 27, 2017

Pending

—

Feb 8, 2017

Relisted

—

Jan 25, 2017

Contingent

—

Jan 20, 2017

Relisted

—

Dec 31, 2016

Contingent

—

Dec 29, 2016

Listed

$175,000

$104/sq ft

NTREIS #13496251

Nov 22, 2016

Listing Removed

—

Nov 21, 2016

Listed

$175,000

$104/sq ft

Public Records

Jul 1, 1998

Sold

$53/sq ft

Public Records

Aug 2, 1995

Sold

Public Records

Mar 1, 1993

Sold

$36/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$7,166 (−2.6%)

$79,200 + $291,387

$370,587

2024

$7,358 (−1.1%)

$79,200 + $299,964

$379,164

2023

$7,441 (+29.4%)

$79,200 + $300,517

$379,717

2022

$5,750 (+5.4%)

2021

$5,457 (−6.4%)

$52,800 + $196,179

$248,979

2020

$5,828 (+1.9%)

$52,800 + $208,867

$261,667

2019

$5,719 (+6.5%)

2018

$5,370 (+49.3%)

$52,800 + $181,115

$233,915

2017

$3,598 (+8.8%)

2016

$3,306 (+6.6%)

2015

$3,100 (+7.9%)

2014

$2,874 (+4.3%)

$26,400 + $92,314

$118,714

2013

$2,756 (−0.8%)

$26,400 + $92,314

$118,714

2012

$2,778 (−3.4%)

$26,400 + $86,594

$112,994

2011

$2,877 (+4.4%)

$26,400 + $88,580

$114,980

2010

$2,755 (+0.6%)

$26,400 + $94,142

$120,542

2009

$2,738

Tax history for 5116 Reed Dr

Year

Property tax

Land + Additions

Assessment*

2025

$7,166 (−2.6%)

$79,200 + $291,387

$370,587

2024

$7,358 (−1.1%)

$79,200 + $299,964

$379,164

2023

$7,441 (+29.4%)

$79,200 + $300,517

$379,717

2022

$5,750 (+5.4%)

2021

$5,457 (−6.4%)

$52,800 + $196,179

$248,979

2020

$5,828 (+1.9%)

$52,800 + $208,867

$261,667

2019

$5,719 (+6.5%)

2018

$5,370 (+49.3%)

$52,800 + $181,115

$233,915

2017

$3,598 (+8.8%)

2016

$3,306 (+6.6%)

2015

$3,100 (+7.9%)

2014

$2,874 (+4.3%)

$26,400 + $92,314

$118,714

2013

$2,756 (−0.8%)

$26,400 + $92,314

$118,714

2012

$2,778 (−3.4%)

$26,400 + $86,594

$112,994

2011

$2,877 (+4.4%)

$26,400 + $88,580

$114,980

2010

$2,755 (+0.6%)

$26,400 + $94,142

$120,542

2009

$2,738

*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

Beds

Baths

Stories

Lot width

60 ft.

Lot depth

110 ft.

Lot size

6,600 Sq. Ft.

Year renovated

—

Sq. Ft.

1,684

Year built

1978

Style

Single Family Residential

County

Denton County

APN

R 000000090242

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

Property details

Parking

Parking Information
Carport Spaces: 0
Covered Spaces: 2
Open Parking Spaces: 0
Parking Features: 2-Car Single Doors

Parking & Garage
Has Garage
Garage Spaces: 2
Garage Width: 20
Garage Length: 20

Interior

Virtual Tour

Bathroom Information
Bathrooms Full: 2
Bathrooms Total Decimal: 2
Bathrooms Total Integer: 2

Bedroom Information
Bedrooms Total: 3

Fireplace Information
Fireplaces Total: 1
Fireplace Features: Brick, Gas Logs, Gas Starter

Heating & Cooling
Cooling: Central Air, Electric
Heating: Central, Natural Gas

Interior Features
Room Count: 4
Appliances: Dishwasher, Disposal, Gas Range, Microwave, Plumbed for Ice Maker
Number Of Living Areas: 2
Number Of Dining Areas: 1
Living Area: 1684.00
Levels: One
Flooring: Carpet, Ceramic Tile, Laminate
Interior Features: Cable TV Available, Decorative Lighting, High Speed Internet Available, Vaulted Ceiling(s)
Window Features: Window Coverings

Room 1 Information
Room Type: Primary Bedrm
Room Level: 1
Room Features: Walk-in Closet(s)
Room Dimensions: 16 x 12
Room Length: 16.00
Room Width: 12.00

Room 2 Information
Room Type: Bedroom
Room Level: 1
Room Features: Walk-in Closet(s)
Room Dimensions: 16 x 10
Room Length: 16.00
Room Width: 10.00

Room 3 Information
Room Type: Bedroom
Room Level: 1
Room Dimensions: 10 x 10
Room Length: 10.00
Room Width: 10.00

Room 4 Information
Room Type: Living Room
Room Level: 1
Room Dimensions: 16 x 20
Room Length: 16.00
Room Width: 20.00

Exterior

Building Information
Roof: Composition
Construction Materials: Brick, Siding
Foundation Details: Slab

Exterior Features
Exterior Features: Covered Porch(es), Gutters, Storage
Fencing: Wood
Patio And Porch Features: Covered, Patio

Land Information
Soil Type: Unknown

Lot Information
Lot Features: Few Trees, Landscaped, Lrg. Backyard Grass, Sprinkler System, Subdivision
Lot Size: Less Than .5 Acre (not Zero)
Lot Size Acres: 0.1520
Lot Size Area: 0.1520
Lot Size Square Feet: 6621.1200
Lot Size Units: Acres
Parcel Number: R90242
RATIO List Price By Lot Size Acr: 2138157.89474
Will Subdivide: No

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Accessibility Features YN: No
Security Features: Fire Alarm, Smoke Detector(s)
Property Attached YN: No
Multi Parcel IDYN: No
Property Key: 48121|R90242|1|19602665
Property Match: APN
US Property MUI: 410452097

Building Information
Building Area Total: 1684.00
Year Built: 1978
Year Built Details: Preowned

Financial

Tax Information
Special Taxing Entities: No
Tax Block: 123
Tax Legal Description: COLONY NO 18 BLK 123 LOT 21
Tax Lot: 21
Unexempt Taxes: 5457

Financial Information
Buyer Financing: Conventional
Loan Type: Treat As Clear
Second Mortgage YN: No

Utilities

Utility Information
Municipal Utility District YN: No
Utilities: City Sewer, City Water, Community Mailbox, Curbs, Sidewalk

Location

HOA Information
Association Type: None

School Information
Elementary School: Owen
Elementary School Name: Owen
High School: The Colony
High School Name: The Colony
Middle Or Junior School: Griffin
Middle School Name: Griffin
School District: Lewisville ISD

Location Information
County Or Parish: Denton
Country: United States
Directions: From the corner of Main Street and North Colony Blvd, head east on N Colony Blvd, turn left on Ragan, right on Reed Dr and the home will be on the home will be your left.
Latitude: 33.10100200
Longitude: -96.88186000
Geocode Confidence: High
Subdivision Name: Colony 18

Public facts

Beds: 3
Baths: 2.0
Sq. Ft.: 1,684
Stories: 1.0
Lot Size: 6,600 square feet
Style: Single Family Residential
Year Built: 1978
Year Renovated: —
County: Denton County
APN: R 000000090242

Home facts updated by county records on Jul 20, 2026

Other

Documents & Disclosures
Doc Box Num Mls Documents: 0
Doc Box Num Private Documents: 0
Doc Box Num Public Documents: 0

Listing Information
Doc Box Modification Timestamp: 2023-07-28T02:59:06.793
Exclusions: SimpliSafe Security System, refrigerator, and washer and dryer
Listing Agreement: Exclusive Right To Sell
Listing Id: 14739381
Listing Key Numeric: 163324765
Listing Terms: Cash, Conventional, FHA, VA Loan
Mls Status: Closed
Previous Status: Pending
Originating System Name: North Texas Real Estate Information Systems
Photos Count: 19
Possession: 30-60 Days
Seller Contributions: 0
Special Listing Conditions: Standard
Standard Status: Closed
Third Party Assistance Program Y: No
Transaction Type: For Sale

Listing Date Information
Days On Market: 4
Cumulative Days On Market: 4
Close Date: 2022-02-25
Purchase Contract Date: 2022-01-24
Expiration Date Option: 2022-01-29
Listing Contract Date: 2022-01-17
Off Market Date: 2022-01-24
Status Change Timestamp: 2022-02-26T17:12:42.630

Listing Price Information
Original List Price: 325000.00
List Price: 325000.00
RATIO Close Price By Lot Size Ac: 2305921.05263
RATIO Current Price By Lot Size: 2305921.05263

Around this home

Schools

Peters Colony Elementary School

Public PreK-5 • Assigned • 0.6mi

4/10

Griffin Middle School

Public 6-8 • Assigned • 0.3mi

5/10

The Colony High School

Public 9-12 • Assigned • 1.9mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

2/10 Fire Factor

0.00% chance of being in a wildfire in next 30 years

7/10 Heat Factor

7 days above 110° expected this year, 22 days in 30 years

5/10 Wind Factor

26% chance of strong winds in next 30 years

4/10 Air Factor

4 unhealthy days expected this year, 5 days in 30 years

Provided by First Street

Historical weather

The Colony, TX • 75056

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.9 hours in June and 5.5 hours in December, placing it above the U.S. average for solar exposure.

9.9 hrs

5.5 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$339,000 – $410,000

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New listings for sale in 75056

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$629,500

4 beds3 baths3,196 sq ft

2241 Magic Mantle Dr, Lewisville, TX 75056

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1121 Excalibur Blvd, Lewisville, TX 75056

3D WALKTHROUGH

$495,000

4 beds2 baths2,339 sq ft

6432 Barstow Ln, The Colony, TX 75056

OPEN SAT, 1PM TO 3PM3D WALKTHROUGH

$1,425,000

5 beds4 baths4,659 sq ft

6549 Terrace Dr, The Colony, TX 75056

OPEN SUN, 1PM TO 3PM

$395,000

3 beds2 baths1,748 sq ft

4433 Larner St, The Colony, TX 75056

$499,000

4 beds2.5 baths2,326 sq ft

6225 Bear Run Rd, The Colony, TX 75056

$515,000

4 beds2.5 baths2,831 sq ft

4521 Newport Dr, The Colony, TX 75056

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Home values near 5116 Reed Dr

Data from public records.

Address	Redfin Estimate
5109 Reed Dr, The Colony, TX 3 Beds \| 2 Baths \| 1946 Sq. Ft.	$408,898
5125 Reed Dr, The Colony, TX 3 Beds \| 2 Baths \| 1881 Sq. Ft.	$329,956

Address	Redfin Estimate
5113 Reed Dr, The Colony, TX 3 Beds \| 2 Baths \| 1881 Sq. Ft.	$347,891
5129 Reed Dr, The Colony, TX 3 Beds \| 2 Baths \| 1946 Sq. Ft.	$353,067

Address	Redfin Estimate
5121 Reed Dr, The Colony, TX 3 Beds \| 2 Baths \| 2135 Sq. Ft.	$348,468
5133 Reed Dr, The Colony, TX 3 Beds \| 2 Baths \| 1881 Sq. Ft.	$349,118

Property information provided by NTREIS when last listed in 2022. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 75056, TX

Sale history for 5116 Reed Dr

Tax history for 5116 Reed Dr

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 75056

Home values near 5116 Reed Dr

More real estate resources