Last listed at $220,000, closed on oct 2017

$320,267

•

1,881

sq ft

5128 Reed Dr, The Colony, TX 75056

About this home

Single-familyProperty Type

1978Year Built

6,621 sq ftLot Size

$170Est. Price/Sq.Ft.

2 car garageParking

Listed by Sarah Jamshidi • Ebby Halliday Realtors

Bought with Eric Betancur • New Western

Redfin checked: a few seconds ago

•Source:NTREIS #13701645

Redfin Estimate

$320,267

$100K over list price of $220K

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 12% lower than the average sale price ($364K) of 6 comparable homes.

SOLD JUL 16, 2026
$379,000
A
3 beds2 baths1,912 sq ft
5121 Pruitt Dr, The Colony, TX 75056
SOLD SEP 28, 2026
$365,000
B
3 beds2 baths1,946 sq ft
4908 Crawford Dr, The Colony, TX 75056
SOLD JUN 26, 2026
$349,900
C
3 beds2 baths1,727 sq ft
4912 Wheeler Dr, The Colony, TX 75056
SOLD MAR 23, 2026
$380,000
D
3 beds2 baths1,946 sq ft
5109 Reed Dr, The Colony, TX 75056
SOLD AUG 12, 2026
$360,000
E
3 beds2 baths1,711 sq ft
5408 Sagers Blvd, The Colony, TX 75056
SOLD JUN 30, 2026
$350,000
F
3 beds2 baths1,711 sq ft
4913 Wagner Dr, The Colony, TX 75056

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Earn from this home

Sell

$299,799

Est. take-home

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Rent

$2,665/mo

Redfin rental estimate

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Market trends in 75056, TX

Last updated October 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

97.4%

0.4% MoM

Median sale price

$528K

$20K MoM

Avg. days on market

51d

9 days MoM

Recently sold homes

194

26 MoM

New listings for sale

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2500 King Arthur Blvd #302, The Colony, TX 75056
OPEN SUN, 2PM TO 4PM
$420,000
3 beds2 baths1,866 sq ft
4521 Shadowridge Dr, The Colony, TX 75056
NEW 23 HRS AGO
$640,000
4 beds2.5 baths2,497 sq ft
3067 Mitchell Way, The Colony, TX 75056
NEW 24 HRS AGO
$315,000
3 beds2 baths1,419 sq ft
7800 Underwood Dr, The Colony, TX 75056
NEW 27 HRS AGO
$375,000
3 beds2 baths1,840 sq ft
14 Melroy Cir, The Colony, TX 75056
OPEN SUN, 11AM TO 1PM
$630,000
4 beds3.5 baths2,708 sq ft
3041 Dunverny, The Colony, TX 75056
$430,000
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7104 Elliot Ct, The Colony, TX 75056
REDFIN OPEN NOV 14, 11AM TO 1PM
$525,000
4 beds2 baths2,145 sq ft
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OPEN SUN, 12PM TO 3PM
$869,999
4 beds3.5 baths3,854 sq ft
2616 Merlin Dr, Lewisville, TX 75056
See all

Provided by Redfin

Sale history for 5128 Reed Dr

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Year

Property tax

Land + Additions

Assessment*

2025

$5,458 (−10.1%)

$79,200 + $203,069

$282,269

2024

$6,070 (−4.7%)

$79,200 + $233,563

$312,763

2023

$6,366 (+2.0%)

$79,200 + $245,663

$324,863

2022

$6,243 (+29.3%)

$69,300 + $228,084

$297,384

2021

$4,827 (−6.3%)

$52,800 + $167,443

$220,243

2020

$5,149 (−2.8%)

$52,800 + $178,381

$231,181

2019

$5,298 (+13.0%)

$52,800 + $185,531

$238,331

2018

$4,687 (+16.4%)

$52,800 + $151,396

$204,196

2017

$4,027 (+6.1%)

$43,560 + $130,746

$174,306

2016

$3,795 (+16.8%)

$43,560 + $130,746

$174,306

2015

$3,250 (+7.9%)

$43,560 + $118,915

$162,475

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 (−3.5%)

$26,400 + $92,030

$118,430

2011

$3,018 (+4.6%)

$26,400 + $94,141

$120,541

2010

$2,886 (+0.6%)

$26,400 + $100,053

$126,453

2009

$2,869

Tax history for 5128 Reed Dr

Year

Property tax

Land + Additions

Assessment*

2025

$5,458 (−10.1%)

$79,200 + $203,069

$282,269

2024

$6,070 (−4.7%)

$79,200 + $233,563

$312,763

2023

$6,366 (+2.0%)

$79,200 + $245,663

$324,863

2022

$6,243 (+29.3%)

$69,300 + $228,084

$297,384

2021

$4,827 (−6.3%)

$52,800 + $167,443

$220,243

2020

$5,149 (−2.8%)

$52,800 + $178,381

$231,181

2019

$5,298 (+13.0%)

$52,800 + $185,531

$238,331

2018

$4,687 (+16.4%)

$52,800 + $151,396

$204,196

2017

$4,027 (+6.1%)

$43,560 + $130,746

$174,306

2016

$3,795 (+16.8%)

$43,560 + $130,746

$174,306

2015

$3,250 (+7.9%)

$43,560 + $118,915

$162,475

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 (−3.5%)

$26,400 + $92,030

$118,430

2011

$3,018 (+4.6%)

$26,400 + $94,141

$120,541

2010

$2,886 (+0.6%)

$26,400 + $100,053

$126,453

2009

$2,869

*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

Baths

Stories

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 000000090248

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 22, 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: Garage, Garage Faces Rear

Parking & Garage
Has Garage
Has Attached 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, Wood Burning

Heating & Cooling
Cooling: Ceiling Fan(s), Central Air, Electric, Gas

Interior Features
Appliances: Dishwasher, Disposal, Microwave, Plumbed for Ice Maker
Number Of Living Areas: 1
Number Of Dining Areas: 2
Living Area: 1881.00
Levels: One
Flooring: Carpet, Vinyl, Wood
Interior Features: Cable TV Available, Sound System Wiring, Vaulted Ceiling(s), Wainscoting

Exterior

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

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

Farm Information
Barns Count: 0

Lot Information
Lot Features: Interior Lot
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: R90248
RATIO List Price By Lot Size Acr: 1447368.42105
Will Subdivide: No

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Accessibility Features YN: No
Security Features: Prewired, Security System
Property Attached YN: No
Multi Parcel IDYN: No
Property Key: 48121|R90248|1|9398924
Property Match: APN
US Property MUI: 410452082
Other Equipment: Satellite Dish

Building Information
Building Area Total: 1881.00
Year Built: 1978
Year Built Details: Preowned

Financial

Tax Information
Tax Block: 123
Tax Legal Description: COLONY NO 18 BLK 123 LOT 24
Tax Lot: 24
Unexempt Taxes: 3795

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

Utilities

Utility Information
Municipal Utility District YN: No
Utilities: City Sewer, City Water

Energy Efficiency Features
Green Energy Efficient: Appliances, Windows

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
Directions: Hwy 121 to Paige, North on Paige to North Colony Blvd & go West to Allen & go North. Then go West on Reed Dr, home on your Right.
Latitude: 33.10132500
Longitude: -96.88141800
Subdivision Name: Colony 18

Public facts

Beds: 3
Baths: 2.0
Sq. Ft.: 1,881
Stories: 1.0
Lot Size: 6,600 square feet
Style: Single Family Residential
Year Built: 1978
Year Renovated: —
County: Denton County
APN: R 000000090248

Home facts updated by county records on Oct 22, 2026

Other

Green Verification Information
Green Verification Count: 0

Listing Information
DOCBOX GUID: 314C5FFE-DA86-4BE4-BFA7-F650AEAF2241
Listing Agreement: Exclusive Right To Sell
Listing Id: 13701645
Listing Key Numeric: 74194895
Listing Terms: Cash, Conventional, FHA, VA Loan
Mls Status: Closed
Originating System Name: North Texas Real Estate Information Systems
Photos Count: 18
Possession: Closing/Funding
Seller Contributions: 0
Special Listing Conditions: Standard
Standard Status: Closed
Third Party Assistance Program Y: No
Transaction Type: For Sale/Lease

Listing Date Information
Days On Market: 3
Cumulative Days On Market: 3
Close Date: 2017-10-27
Purchase Contract Date: 2017-10-09
Expiration Date Option: 2017-10-12
Listing Contract Date: 2017-09-27
Off Market Date: 2017-10-09
Price Change Timestamp: 2017-09-27T12:01:12.800
Status Change Timestamp: 2017-10-30T10:29:39.883

Listing Price Information
Original List Price: 220000.00
List Price: 220000.00
RATIO Close Price By Lot Size Ac: 1217105.26316
RATIO Current Price By Lot Size: 1217105.26316

Around this home

Schools

K - 12
Preschool & daycare

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

3/10 Fire Factor

0.15% 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

$305,000 – $369,000

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Home values near 5128 Reed Dr

Data from public records.

Address	Redfin Estimate
5121 Reed Drive, The Colony, TX 3 Beds \| 2 Baths \| 2135 Sq. Ft.	$343,941
5133 Reed Drive, The Colony, TX 3 Beds \| 2 Baths \| 1881 Sq. Ft.	$346,886
5145 Reed Drive, The Colony, TX 3 Beds \| 2 Baths \| 2135 Sq. Ft.	$361,117
5116 Reed Drive, The Colony, TX 3 Beds \| 2 Baths \| 1684 Sq. Ft.	$349,956
5112 Reed Drive, The Colony, TX 3 Beds \| 2 Baths \| 2135 Sq. Ft.	$340,016
5144 Reed Drive, The Colony, TX 3 Beds \| 2 Baths \| 2135 Sq. Ft.	$272,830
5129 Ragan Drive, The Colony, TX 3 Beds \| 2 Baths \| 1684 Sq. Ft.	$318,626

Address	Redfin Estimate
5125 Reed Drive, The Colony, TX 3 Beds \| 2 Baths \| 1881 Sq. Ft.	$325,359
5137 Reed Drive, The Colony, TX 3 Beds \| 2 Baths \| 1972 Sq. Ft.	$339,016
5149 Reed Drive, The Colony, TX 3 Beds \| 2 Baths \| 1946 Sq. Ft.	$315,649
5124 Reed Drive, The Colony, TX 4 Beds \| 2 Baths \| 2135 Sq. Ft.	$361,537
5136 Reed Drive, The Colony, TX 3 Beds \| 2 Baths \| 1684 Sq. Ft.	$316,260
5113 Ragan Drive, The Colony, TX 3 Beds \| 2 Baths \| 1881 Sq. Ft.	$321,235
5125 Ragan Drive, The Colony, TX 3 Beds \| 2 Baths \| 1881 Sq. Ft.	$322,527

Address	Redfin Estimate
5129 Reed Drive, The Colony, TX 3 Beds \| 2 Baths \| 1946 Sq. Ft.	$350,590
5141 Reed Drive, The Colony, TX 3 Beds \| 2 Baths \| 2135 Sq. Ft.	$347,622
5140 Reed Drive, The Colony, TX 3 Beds \| 2 Baths \| 1946 Sq. Ft.	$369,701
5120 Reed Drive, The Colony, TX 3 Beds \| 2 Baths \| 1946 Sq. Ft.	$328,292
5132 Reed Drive, The Colony, TX 3 Beds \| 2 Baths \| 1881 Sq. Ft.	$355,271
5109 Ragan Drive, The Colony, TX 3 Beds \| 2 Baths \| 1862 Sq. Ft.	$355,071
5121 Ragan Drive, The Colony, TX 3 Beds \| 2 Baths \| 2135 Sq. Ft.	$338,661

Property information provided by NTREIS when last listed in 2017. This data may not match . Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in 75056, TX

Sale history for 5128 Reed Dr

Tax history for 5128 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 5128 Reed Dr

More real estate resources