Last listed at $420,000, closed on may 2024

$401,088

•

1,861

sq ft

5168 Reed Dr, The Colony, TX 75056

About this home

Welcome to your dream home! This stunning 3-bed, 2-bath house has been completely remodeled to meet new building standards, ensuring safety and quality. With new roof framing, decking, shingles, and a modern attic furnace, enjoy peace of mind and efficiency. Step inside to an open-concept layout, perfect for entertaining or relaxing by the gas fireplace. The kitchen boasts a sleek island, quartz countertops, and new appliances with a view of greenery. The primary bedroom offers a luxurious closet and LVP flooring for style and durability. Additional features include an entry bench, tankless water heater, and a garage outlet ready for EV charging installation. Just steps from David Cowan Park, outdoor fun is right at your doorstep for children. This prime location is only 10 minutes from the popular Grandscape development, offering an array of dining, shopping, and entertainment options. Don't miss the chance to call this beautifully renovated house your home sweet home!

Single-familyProperty Type

1978Year Built

9,714 sq ftLot Size

$216Est. Price/Sq.Ft.

2 car garageParking

Listed by John Pham • Better Homes and Gardens Real

Contact: 972-774-9888

Bought with Joseph Bazan • Keller Williams Realty DPR

Redfin checked: 2 minutes ago

•Source:NTREIS #20569134

Redfin Estimate

$401,088

$19K under list price of $420K

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 8.5% higher than the average sale price ($370K) of 5 comparable homes.

SOLD AUG 31, 2026
$399,900
A
3 beds2 baths1,946 sq ft
5160 Reed Dr, The Colony, TX 75056
SOLD SEP 30, 2026
$329,900
B
3 beds2 baths1,879 sq ft
7208 Garrett Pl, The Colony, TX 75056
SOLD JUL 16, 2026
$379,000
C
3 beds2 baths1,912 sq ft
5121 Pruitt Dr, The Colony, TX 75056
SOLD OCT 9, 2026
$389,999
D
3 beds2 baths1,946 sq ft
5256 Ragan Dr, The Colony, TX 75056
SOLD AUG 31, 2026
$349,900
E
3 beds2 baths1,864 sq ft
7213 Bradford Pl, The Colony, TX 75056

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Earn from this home

Sell

$375,981

Est. take-home

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Rent

$2,884/mo

Redfin rental estimate

List your home for rent

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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OPEN SUN, 2PM TO 4PM
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NEW 23 HRS AGO
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NEW 24 HRS AGO
$315,000
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$375,000
3 beds2 baths1,840 sq ft
14 Melroy Cir, The Colony, TX 75056
OPEN SUN, 11AM TO 1PM
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REDFIN OPEN NOV 14, 11AM TO 1PM
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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 5168 Reed Dr

Date

Event

Price

Public Records

May 22, 2024

Sold

NTREIS #20569134

May 22, 2024

Sold

Apr 9, 2024

Pending

—

Apr 3, 2024

Price Changed

$420,000

$226/sq ft

Mar 25, 2024

Listed

$419,900

$226/sq ft

Public Records

Nov 9, 2021

Sold

Public Records

Nov 4, 2021

Sold

Public Records

Jul 20, 2009

Sold

NTREIS #11200626

May 27, 2009

Listing Removed

—

May 11, 2009

Listed

$129,900

$70/sq ft

Public Records

Aug 21, 2003

Sold

NTREIS #9678689

Jul 10, 2003

Listing Removed

—

Jun 17, 2003

Listed

$124,000

$67/sq ft

Public Records

Apr 23, 1996

Sold

Public Records

Jul 11, 1991

Sold

Join or sign in to view all info

Year

Property tax

Land + Additions

Assessment*

2025

$8,022 (+3.3%)

$92,106 + $322,732

$414,838

2024

$7,762 (+103.3%)

$92,106 + $307,880

$399,986

2023

$3,819 (+13.7%)

$92,106 + $102,764

$194,870

2022

$3,359 (−33.0%)

$80,593 + $79,407

$160,000

2021

$5,015 (+4.7%)

$61,404 + $167,443

$228,847

2020

$4,789 (−8.3%)

$61,404 + $153,596

$215,000

2019

$5,224 (+6.9%)

$61,404 + $173,596

$235,000

2018

$4,885 (+16.6%)

$61,404 + $151,396

$212,800

2017

$4,191 (+5.8%)

$50,658 + $130,746

$181,404

2016

$3,961 (+18.1%)

$50,658 + $130,746

$181,404

2015

$3,354 (+7.7%)

$50,658 + $118,915

$169,573

2014

$3,115 (+4.0%)

$30,702 + $97,958

$128,660

2013

$2,994 (−0.8%)

$30,702 + $97,958

$128,660

2012

$3,017 (−3.3%)

$30,702 + $92,030

$122,732

2011

$3,120 (+4.2%)

$30,702 + $94,141

$124,843

2010

$2,995 (+0.6%)

$30,702 + $100,053

$130,755

2009

$2,976

Tax history for 5168 Reed Dr

Year

Property tax

Land + Additions

Assessment*

2025

$8,022 (+3.3%)

$92,106 + $322,732

$414,838

2024

$7,762 (+103.3%)

$92,106 + $307,880

$399,986

2023

$3,819 (+13.7%)

$92,106 + $102,764

$194,870

2022

$3,359 (−33.0%)

$80,593 + $79,407

$160,000

2021

$5,015 (+4.7%)

$61,404 + $167,443

$228,847

2020

$4,789 (−8.3%)

$61,404 + $153,596

$215,000

2019

$5,224 (+6.9%)

$61,404 + $173,596

$235,000

2018

$4,885 (+16.6%)

$61,404 + $151,396

$212,800

2017

$4,191 (+5.8%)

$50,658 + $130,746

$181,404

2016

$3,961 (+18.1%)

$50,658 + $130,746

$181,404

2015

$3,354 (+7.7%)

$50,658 + $118,915

$169,573

2014

$3,115 (+4.0%)

$30,702 + $97,958

$128,660

2013

$2,994 (−0.8%)

$30,702 + $97,958

$128,660

2012

$3,017 (−3.3%)

$30,702 + $92,030

$122,732

2011

$3,120 (+4.2%)

$30,702 + $94,141

$124,843

2010

$2,995 (+0.6%)

$30,702 + $100,053

$130,755

2009

$2,976

*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

63 ft.

Lot depth

154 ft.

Lot size

9,702 Sq. Ft.

Year renovated

—

Sq. Ft.

1,881

Year built

1978

Style

Single Family Residential

County

Denton County

APN

R 000000090321

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
Parking Features: 2-Car Single Doors, Driveway, Garage, Garage Door Opener, Garage Faces Rear

Parking & Garage
Has Garage
Has Attached Garage
Garage Spaces: 2

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: Gas

Heating & Cooling
Cooling: Electric
Heating: Natural Gas

Interior Features
Room Count: 8
Appliances: Dishwasher, Gas Oven, Gas Range, Microwave, Tankless Water Heater, Vented Exhaust Fan
Number Of Living Areas: 1
Number Of Dining Areas: 1
Living Area: 1861.00
Levels: One
Flooring: Luxury Vinyl Plank, Tile
Interior Features: Double Vanity, Kitchen Island, Walk-In Closet(s), Wet Bar

Laundry Features
Laundry Features: Gas Dryer Hookup, Washer Hookup

Room 1 Information
Room Type: Bedroom

Room 2 Information
Room Type: Primary Bedrm
Room Level: 1
Room Dimensions: 14 x 14
Room Length: 14.00
Room Width: 14.00

Room 3 Information
Room Type: Bedroom
Room Level: 1
Room Dimensions: 10 x 14
Room Length: 10.00
Room Width: 14.00

Room 4 Information
Room Type: Bedroom
Room Level: 1
Room Dimensions: 11 x 14
Room Length: 11.00
Room Width: 14.00

Room 5 Information
Room Type: Primary Bathrm
Room Level: 1
Room Dimensions: 7 x 12
Room Length: 7.00
Room Width: 12.00

Room 6 Information
Room Type: Bathroom
Room Level: 1
Room Dimensions: 5 x 8
Room Length: 5.00
Room Width: 8.00

Room 7 Information
Room Type: Living Room
Room Level: 1
Room Dimensions: 16 x 19
Room Length: 16.00
Room Width: 19.00

Room 8 Information
Room Type: Dining Room
Room Level: 1
Room Dimensions: 8 x 13
Room Length: 8.00
Room Width: 13.00

Exterior

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

Exterior Features
Fencing: Back Yard, Chain Link

Farm Information
Barns Count: 0

Lot Information
Lot Features: Adjacent to Greenbelt, Greenbelt
Lot Size: Less Than .5 Acre (not Zero)
Lot Size Acres: 0.2230
Lot Size Area: 0.2230
Lot Size Square Feet: 9713.8800
Lot Size Units: Acres
Parcel Number: R90321
RATIO List Price By Lot Size Acr: 1883408.07175
Will Subdivide: No

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Accessibility Features YN: No
Security Features: Carbon Monoxide Detector(s), Fire Alarm
Property Attached YN: No
Multi Parcel IDYN: No
Property Key: 48121|R90321|1|12063348
Property Match: APN
US Property MUI: 410452149

Building Information
Year Built: 1978
Smart Home Features Appor Pass Y: No

Financial

Tax Information
Tax Lot: 34

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

Utilities

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

Location

HOA Information
Association Type: None

School Information
Elementary School: Peters Colony
Elementary School Name: Peters Colony
High School Name: The Colony
Middle School Name: Griffin
School District: Lewisville ISD

Location Information
County Or Parish: Denton
Country: United States
Directions: From 423(main)go east on North Colony to Allen go north on Allen and street dead ends into Reed and House backing up to park.
Latitude: 33.10216100
Longitude: -96.87960700
Geocode Confidence: High
Subdivision Name: Colony 18

Community Information
Community Features: Playground

Public facts

Beds: 3
Baths: 2.0
Sq. Ft.: 1,881
Stories: 1.0
Lot Size: 9,702 square feet
Style: Single Family Residential
Year Built: 1978
Year Renovated: —
County: Denton County
APN: R 000000090321

Home facts updated by county records on Oct 22, 2026

Other

Green Verification Information
Green Verification Count: 0

Listing Information
Attribution Contact: 972-774-9888
List Source Original: Matrix
Listing Agreement: Exclusive Right To Sell
Listing Id: 20569134
Listing Key Numeric: 437537429
Mls Status: Closed
Previous Status: Pending
Originating System Name: North Texas Real Estate Information Systems
Photos Count: 38
Possession: Closing/Funding
Seller Contributions: 10000
Special Listing Conditions: Builder, Standard
Special Notes: Aerial Photo
Standard Status: Closed
Third Party Assistance Program Y: No
Transaction Type: For Sale

Listing Date Information
Days On Market: 13
Cumulative Days On Market: 13
Close Date: 2024-05-22
Purchase Contract Date: 2024-04-07
Listing Contract Date: 2024-03-25
Off Market Date: 2024-04-07
Price Change Timestamp: 2024-04-02T22:31:08.787
Status Change Timestamp: 2024-06-19T23:00:24.943

Listing Price Information
Original List Price: 419900.00
Previous List Price: 419900.00
List Price: 420000.00
RATIO Close Price By Lot Size Ac: 1883408.07175
RATIO Current Price By Lot Size: 1883408.07175

Around this home

Schools

K - 12
Preschool & daycare

Peters Colony Elementary School

Public PreK-5 • Assigned • 0.7mi

4/10

Griffin Middle School

Public 6-8 • Assigned • 0.4mi

5/10

The Colony High School

Public 9-12 • Assigned • 2.0mi

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

$382,000 – $462,000

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Home values near 5168 Reed Dr

Data from public records.

Address	Redfin Estimate
5201 Reed Drive, The Colony, TX 3 Beds \| 2 Baths \| 1948 Sq. Ft.	$362,549
5208 Reed Drive, The Colony, TX 3 Beds \| 2 Baths \| 1881 Sq. Ft.	$317,640
5161 Reed Drive, The Colony, TX 3 Beds \| 2 Baths \| 2135 Sq. Ft.	$341,173
5160 Reed Drive, The Colony, TX 3 Beds \| 2 Baths \| 1946 Sq. Ft.	$402,708
5165 Reed Drive, The Colony, TX 3 Beds \| 2 Baths \| 1881 Sq. Ft.	$324,875
5209 Reed Drive, The Colony, TX 3 Beds \| 2 Baths \| 2017 Sq. Ft.	$377,523
5201 Ragan Drive, The Colony, TX 4 Beds \| 2 Baths \| 1993 Sq. Ft.	$380,570

Address	Redfin Estimate
5205 Reed Drive, The Colony, TX 3 Beds \| 2 Baths \| 2017 Sq. Ft.	$332,696
5204 Reed Drive, The Colony, TX 3 Beds \| 2 Baths \| 1946 Sq. Ft.	$368,149
5152 Reed Drive, The Colony, TX 3 Beds \| 2 Baths \| 1881 Sq. Ft.	$327,861
5156 Reed Drive, The Colony, TX 3 Beds \| 2 Baths \| 1976 Sq. Ft.	$356,192
5148 Reed Drive, The Colony, TX 3 Beds \| 2 Baths \| 1881 Sq. Ft.	$336,758
5157 Reed Drive, The Colony, TX 3 Beds \| 2 Baths \| 1946 Sq. Ft.	$298,925
5204 Sherman Drive, The Colony, TX 4 Beds \| 2 Baths \| 2017 Sq. Ft.	$367,244

Address	Redfin Estimate
5213 Reed Drive, The Colony, TX 3 Beds \| 2 Baths \| 1808 Sq. Ft.	$344,606
5153 Reed Drive, The Colony, TX 3 Beds \| 2 Baths \| 1881 Sq. Ft.	$330,999
5164 Reed Drive, The Colony, TX 3 Beds \| 2 Baths \| 2135 Sq. Ft.	$348,471
5169 Reed Drive, The Colony, TX 3 Beds \| 2 Baths \| 1946 Sq. Ft.	$340,323
5200 Reed Drive, The Colony, TX 3 Beds \| 2 Baths \| 1653 Sq. Ft.	$333,909
5205 Ragan Drive, The Colony, TX 3 Beds \| 2 Baths \| 1946 Sq. Ft.	$340,557
5200 Sherman Drive, The Colony, TX 3 Beds \| 2 Baths \| 2017 Sq. Ft.	$342,566

Property information provided by NTREIS when last listed in 2024. 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 5168 Reed Dr

Tax history for 5168 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 5168 Reed Dr

More real estate resources