Google street view image for 5224 Reed Dr, The Colony, TX 75056

Off market

$331,350

•

2 ba

•

1,946

sq ft

5224 Reed Dr, The Colony, TX 75056

About this home

5224 Reed Dr is a 1,946 square foot house on a 6,710 square foot lot with 3 bedrooms and 2 bathrooms. Based on Redfin's The Colony data, we estimate the home's value is $331,350.

Single-familyProperty Type

1983Year Built

6,710 sq ftLot Size

$170Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$331,350

$6,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 4.8% lower than the average sale price ($348K) of 6 comparable homes.

SOLD AUG 20, 2026
$299,999
A
3 beds2 baths1,881 sq ft
5244 Pruitt Dr, The Colony, TX 75056
SOLD AUG 20, 2026
$319,000
B
3 beds2 baths1,946 sq ft
5604 Tyler St, The Colony, TX 75056
SOLD AUG 31, 2026
$349,900
C
3 beds2 baths1,864 sq ft
7213 Bradford Pl, 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 JUL 16, 2026
$379,000
E
3 beds2 baths1,912 sq ft
5121 Pruitt Dr, The Colony, TX 75056
SOLD JUL 7, 2026
$350,000
F
3 beds2 baths1,711 sq ft
5313 Rice Dr, The Colony, TX 75056

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Earn from this home

Sell

$310,246

Est. take-home

List your home with Redfin and save $3,314

Rent

$2,809/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

NEW 18 MINS AGO
$995,000
5 beds4.5 baths3,863 sq ft
8412 Burnley, The Colony, TX 75056
NEW 2 HRS AGO
$450,000
2 beds2 baths1,228 sq ft
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 22 HRS AGO
$640,000
4 beds2.5 baths2,497 sq ft
3067 Mitchell Way, The Colony, TX 75056
NEW 23 HRS AGO
$315,000
3 beds2 baths1,419 sq ft
7800 Underwood Dr, The Colony, TX 75056
NEW 25 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
3 beds2 baths1,206 sq ft
7104 Elliot Ct, The Colony, TX 75056
REDFIN OPEN NOV 14, 11AM TO 1PM
$525,000
4 beds2 baths2,145 sq ft
5700 Glenview Ln, The Colony, TX 75056
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 5224 Reed Dr

As the MLS and public records start to fill up, we'll list the details here.

Year

Property tax

Land + Additions

Assessment*

2025

$5,669 (−10.4%)

$67,100 + $226,088

$293,188

2024

$6,328 (+8.3%)

$67,100 + $258,960

$326,060

2023

$5,840 (+2.7%)

2022

$5,688 (+5.4%)

2021

$5,398 (+1.8%)

$50,661 + $195,656

$246,317

2020

$5,302 (+7.3%)

$50,661 + $187,375

$238,036

2019

$4,942 (+3.2%)

2018

$4,790 (+12.9%)

$50,661 + $158,016

$208,677

2017

$4,245 (+13.0%)

$46,232 + $137,498

$183,730

2016

$3,755 (+2.8%)

$46,232 + $137,498

$183,730

2015

$3,653 (+12.9%)

$28,518 + $132,258

$160,776

2014

$3,236 (+13.7%)

$28,518 + $105,133

$133,651

2013

$2,846

$28,518 + $105,133

$133,651

2012

$2,847 (+5.4%)

$28,518 + $88,165

$116,683

2011

$2,702 (−6.9%)

$28,518 + $89,295

$117,813

2010

$2,901 (−3.9%)

$28,518 + $84,712

$113,230

2009

$3,019

Tax history for 5224 Reed Dr

Year

Property tax

Land + Additions

Assessment*

2025

$5,669 (−10.4%)

$67,100 + $226,088

$293,188

2024

$6,328 (+8.3%)

$67,100 + $258,960

$326,060

2023

$5,840 (+2.7%)

2022

$5,688 (+5.4%)

2021

$5,398 (+1.8%)

$50,661 + $195,656

$246,317

2020

$5,302 (+7.3%)

$50,661 + $187,375

$238,036

2019

$4,942 (+3.2%)

2018

$4,790 (+12.9%)

$50,661 + $158,016

$208,677

2017

$4,245 (+13.0%)

$46,232 + $137,498

$183,730

2016

$3,755 (+2.8%)

$46,232 + $137,498

$183,730

2015

$3,653 (+12.9%)

$28,518 + $132,258

$160,776

2014

$3,236 (+13.7%)

$28,518 + $105,133

$133,651

2013

$2,846

$28,518 + $105,133

$133,651

2012

$2,847 (+5.4%)

$28,518 + $88,165

$116,683

2011

$2,702 (−6.9%)

$28,518 + $89,295

$117,813

2010

$2,901 (−3.9%)

$28,518 + $84,712

$113,230

2009

$3,019

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning

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

Interior

Bathroom Information
# of Full Baths: 2

Heating & Cooling
Air Conditioning Type: Central
Heating Type: Central

Fireplace Information
# of Fireplaces: 1
Has Fireplace

Exterior

Exterior Information
Physical Condition: Good
Foundation Type: Slab
Exterior Wall: Brick Veneer
Building Type: Residential

Property Information
Subdivision Name: COLONY 19
Living Sq. Ft: 1,946
Ground Floor Sq. Ft: 1,946
Building Sq. Ft: 2,387
# of Stories: 1
Legal Description: COLONY NO 19 BLK 128 LOT 39

Parking & Garage Information
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 441
Garage / Carport Type: Attached

Lot Information
# of Buildings: 1
Land Sq. Ft: 6,710
Legal Lot Number: 39
Legal Block Number: 128
Municipality Type: C03
Municipality Name: THE COLONY
Acres: 0.154
Depth Footage: 110
Front Footage: 61
County Use Description: SINGLE FAMILY
State Use Description: SINGLE FAMILY

Utility Information
Electricity / Wiring Type: Available

Financial

Assessor Information
Assessment Year: 2025
Tax District County: DENTON COUNTY

Public facts

Beds: 3
Baths: 2.0
Sq. Ft.: 1,946
Stories: 1.0
Lot Size: 6,710 square feet
Style: Single Family Residential
Year Built: 1983
Year Renovated: —
County: Denton County
APN: R 000000013584

Home facts updated by county records on Oct 22, 2026

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

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

7/10 Heat Factor

7 days above 110° expected this year, 23 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

$310,000 – $376,000

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New listings for sale in 75056

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NEW 2 HRS AGO

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OPEN SUN, 2PM TO 4PM

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NEW 23 HRS AGO3D WALKTHROUGH

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REDFIN OPEN NOV 14, 11AM TO 1PM3D WALKTHROUGH

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Home values near 5224 Reed Dr

Data from public records.

Address	Redfin Estimate
5233 Reed Drive, The Colony, TX 3 Beds \| 2 Baths \| 1808 Sq. Ft.	$359,075
5229 Reed Drive, The Colony, TX 3 Beds \| 2 Baths \| 2017 Sq. Ft.	$352,400
5213 Reed Drive, The Colony, TX 3 Beds \| 2 Baths \| 1808 Sq. Ft.	$344,606
5212 Reed Drive, The Colony, TX 3 Beds \| 2 Baths \| 2017 Sq. Ft.	$374,599
5232 Reed Drive, The Colony, TX 3 Beds \| 2 Baths \| 2017 Sq. Ft.	$240,249
5240 Reed Drive, The Colony, TX 3 Beds \| 2 Baths \| 1653 Sq. Ft.	$321,032
5228 Sherman Drive, The Colony, TX 3 Beds \| 2 Baths \| 2017 Sq. Ft.	$363,384

Address	Redfin Estimate
5237 Reed Drive, The Colony, TX 3 Beds \| 2 Baths \| 1946 Sq. Ft.	$393,475
5217 Reed Drive, The Colony, TX 3 Beds \| 2 Baths \| 1946 Sq. Ft.	$326,661
5241 Reed Drive, The Colony, TX 3 Beds \| 2 Baths \| 1881 Sq. Ft.	$324,977
5208 Reed Drive, The Colony, TX 3 Beds \| 2 Baths \| 1881 Sq. Ft.	$317,640
5236 Reed Drive, The Colony, TX 3 Beds \| 2 Baths \| 1808 Sq. Ft.	$330,095
5228 Ragan Drive, The Colony, TX 3 Beds \| 2 Baths \| 2017 Sq. Ft.	$348,417
5217 Ragan Drive, The Colony, TX 4 Beds \| 2 Baths \| 2017 Sq. Ft.	$368,832

Address	Redfin Estimate
5225 Reed Drive, The Colony, TX 3 Beds \| 2 Baths \| 1653 Sq. Ft.	$305,183
5221 Reed Drive, The Colony, TX 3 Beds \| 2 Baths \| 1881 Sq. Ft.	$336,008
5216 Reed Drive, The Colony, TX 3 Beds \| 2 Baths \| 1808 Sq. Ft.	$320,946
5228 Reed Drive, The Colony, TX 3 Beds \| 2 Baths \| 1958 Sq. Ft.	$357,889
5220 Reed Drive, The Colony, TX 3 Beds \| 2 Baths \| 2017 Sq. Ft.	$362,042
5224 Sherman Drive, The Colony, TX 4 Beds \| 2 Baths \| 2017 Sq. Ft.	$365,519
5213 Ragan Drive, The Colony, TX 3 Beds \| 2 Baths \| 1808 Sq. Ft.	$341,651

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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 5224 Reed Dr

Tax history for 5224 Reed Dr

Zoning

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 5224 Reed Dr

More real estate resources