Prime investment opportunity in The Colony. This property was purchased with a clear vision :build two modern homes designed for Airbnb short term
Rental income . Its location is unbeatable just minutes from the highly anticipated Universal Kids Resort in Frisco coming soon making it a high demand area for family ,friendly stays. The property offers quick access to to Highway 121, and Main Street connects directly to Highway 380, making travel simple for guests. It’s also surrounded by top attractions including Restaurants , shopping and year round entertainment. A chance to invest in a High demand location with one of the fastest-growing tourism ready areas in North Texas .
For sale
$675,000
4621 Lake Park Dr, The Colony, TX 75056
5beds
1,920sqft
Duplex, Single Family Residence
Built in 1966
1.19 Acres Lot
$632,900 Zestimate®
$352/sqft
$-- HOA
What's special
- 98 days |
- 522 |
- 16 |
Zillow last checked:
Listing updated:
Listed by:
Diana S Avitia 0812573 972-978-2208,
DHS Realty 972-979-8413
Source: NTREIS,MLS#: 21258752
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Level: First
- Dimensions: 14 x 12
Primary bedroom
- Level: First
- Dimensions: 14 x 12
Bedroom
- Level: First
- Dimensions: 9 x 7
Bedroom
- Level: First
- Dimensions: 12 x 10
Bedroom
- Level: First
- Dimensions: 12 x 10
Other
- Level: First
- Dimensions: 9 x 8
Other
- Level: First
- Dimensions: 9 x 8
Other
- Level: First
- Dimensions: 8 x 4
Kitchen
- Features: Built-in Features
- Level: First
- Dimensions: 7 x 11
Laundry
- Level: First
- Dimensions: 9 x 8
Living room
- Features: Ceiling Fan(s)
- Level: First
- Dimensions: 12 x 9
Appliances
- Included: Gas Cooktop
Features
- Other
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 1,920 sqft
Video & virtual tour
Property
Parking
- Parking features: Gravel, No Garage, See Remarks
Accessibility
- Accessibility features: Accessible Doors
Features
- Levels: One
- Stories: 1
- Pool features: None
- Fencing: Front Yard,Other,Privacy
Lot
- Size: 1.19 Acres
Details
- Parcel number: R08155
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other,Detached
- Property subtype: Duplex, Single Family Residence
- Attached to another structure: Yes
Condition
- Year built: 1966
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas 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: $352/sqft
- Tax assessed value: $585,000
- Annual tax amount: $11,312
- Date on market: 5/12/2026
- Cumulative days on market: 99 days
- Listing terms: Cash,Conventional,FHA,Other,VA Loan
Estimated market value
$632,900
$601,000 - $665,000
$2,681/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/12/2026 | Listed for sale | $675,000$352/sqft |
Source: NTREIS #21258752 Report a problem | ||
| 5/10/1999 | Sold | -- |
Source: Public Record Report a problem | ||
| 2/17/1995 | Sold | -- |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,312 +8.5% | $585,000 +8.9% |
| 2024 | $10,421 -20.4% | $537,000 -19.7% |
| 2023 | $13,099 +32% | $668,476 +41.4% |
| 2022 | $9,926 +35.4% | $472,798 +41.4% |
| 2021 | $7,330 +2.5% | $334,439 +4.2% |
| 2020 | $7,152 +0.6% | $321,102 +0.4% |
| 2019 | $7,111 +16.1% | $319,915 +19.9% |
| 2018 | $6,125 +22% | $266,811 +6.5% |
| 2017 | $5,021 | $250,633 +16.6% |
| 2016 | $5,021 +18.8% | $214,932 +15.6% |
| 2015 | $4,227 | $185,943 +6.5% |
| 2014 | $4,227 | $174,553 +93.6% |
| 2013 | $4,227 | $90,166 +1.9% |
| 2012 | -- | $88,513 -25.2% |
| 2011 | -- | $118,321 +12.7% |
| 2010 | -- | $104,958 -4% |
| 2009 | -- | $109,371 -2.3% |
| 2007 | $2,895 -7.1% | $111,902 -1.7% |
| 2006 | $3,116 -6.6% | $113,851 -6.3% |
| 2005 | $3,334 | $121,474 +13.2% |
| 2004 | -- | $107,287 -5.2% |
| 2003 | -- | $113,143 +10% |
| 2002 | -- | $102,873 +5% |
| 2001 | -- | $97,972 |
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.Climate risks
Neighborhood: Garza Lake Estate
Nearby schools
GreatSchools rating
- 6/10Ethridge Elementary SchoolGrades: PK-5Distance: 1.5 mi
- 3/10Lakeview Middle SchoolGrades: 6-8Distance: 0.6 mi
- 5/10The Colony High SchoolGrades: 9-12Distance: 2.1 mi
Schools provided by the listing agent
- Elementary: Peters Colony
- Middle: Griffin
- 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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A local agent can set up tours, give advice and negotiate with sellers.
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