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For sale
    • Price cut: $15K (7/28)
    $250,000

    4520 W Lake Highlands Dr, The Colony, TX 75056

    3beds
    908sqft
    : 
    $1,846/mo
    Get pre-qualified
    Single Family Residence
    Built in 1983
    6,272 Square Feet Lot
    $240,900 Zestimate®
    $275/sqft
    $-- HOA

    What's special

    Open floor plan
    Look no further in the quaint 3 bedroom, 1 bath home in the unique Garza lake estates. This neighborhood has a mixture of new and older homes, all while being close to the lake. Grocery store and shopping within 5 minutes of driving and 2 playgrounds nearby. This home is perfect for both small families looking to buy a home in a good school district, and investors looking to flip or rent out. Three rooms as well as an open floor plan with added bonus spaces.
    62 days
    |
    445
    |
    21
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Shane Nikbeh 0689995 972-824-1570,

    eXp Realty LLC 888-519-7431

    Source: NTREIS,MLS#: 21271541

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1
      • Full bathrooms: 1
      Primary bedroom
      • Level: First
      • Dimensions: 0 x 0
      Dining room
      • Level: First
      • Dimensions: 0 x 0
      Living room
      • Level: First
      • Dimensions: 0 x 0
      Appliances
      • Included: Disposal, Gas Range
      Features
      • Pantry, Paneling/Wainscoting
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total interior livable area: 908 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Alley Access
      Features
      • Levels: One
      • Stories: 1
      • Pool features: None
      Lot
      • Size: 6,272 Square Feet
      Details
      • Parcel number: R08435

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Detached
      • Property subtype: Single Family Residence
      Condition
      • Year built: 1983

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Available, Sewer Available, Water Available

      Community & HOA

      Community
      • Subdivision: Garza Lake Estates
      HOA
      • Has HOA: No
      Location
      • Region: The Colony

      Financial & listing details

      • Price per square foot: $275/sqft
      • Tax assessed value: $232,643
      • Annual tax amount: $4,499
      • Date on market: 6/15/2026
      • Cumulative days on market: 62 days

        Estimated market value

        $240,900

        $229,000 - $253,000

        $1,740/mo

        Price history

        DateEventPrice
        7/28/2026Price change$250,000-5.7%$275/sqft
        Source: eXp Realty #21271541 Report a problem
        7/7/2026Price change$265,000-5.4%$292/sqft
        Source: NTREIS #21271541 Report a problem
        6/15/2026Listed for sale$280,000$308/sqft
        Source: NTREIS #21271541 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,499 +525.6%$232,643 +52.1%
        2024$719 $152,999 +10%
        2023$719 -56.6%$139,090 +10%
        2022$1,655 -5.2%$126,445 +10%
        2021$1,747 +5.5%$114,950 +10%
        2020$1,655 -6.9%$104,500 +10%
        2019$1,777 -8.3%$95,000 -4.8%
        2018$1,938 +23.4%$99,748 +10%
        2017$1,571 $90,680 +10%
        2016$1,571 +10%$82,436 +10%
        2015$1,428 $74,942 +10%
        2014$1,428 $68,129 +10%
        2013$1,428 $61,935 +3.2%
        2012-- $59,997 +7.4%
        2011-- $55,876 +10%
        2010-- $50,796 -25.3%
        2009-- $68,015 -6%
        2007$1,626 -8.8%$72,374 -3.4%
        2006$1,784 -1.9%$74,886 +13.1%
        2005$1,818 $66,216 -4.3%
        2004-- $69,216 -7.3%
        2003-- $74,702 +15.4%
        2002-- $64,753 +9.1%
        2001-- $59,352
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: Garza Lake Estate

        Getting around

        38 / 100
        Car-Dependent
        37 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Ethridge
        • Middle: Lakeview
        • High: The Colony
        • District: Lewisville ISD

        Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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