Skip main navigation
Under contract
  • $399,900

    5160 Reed Dr, The Colony, TX 75056

    3beds
    1,946sqft
    : 
    $2,981/mo
    Get pre-qualified
    Single Family Residence
    Built in 1978
    8,102 Square Feet Lot
    $398,900 Zestimate®
    $205/sqft
    $-- HOA

    What's special

    Sparkling poolCozy fireplacePrivate backyard retreatAbundant natural lightStainless steel appliancesTranquil rock waterfallBuilt-in bar
    Welcome home to this beautifully maintained 3-bedroom, 2-bath home in the heart of The Colony, where comfort, style, and entertainment come together effortlessly. Step inside to an inviting open-concept layout filled with abundant natural light, spacious living areas, and a cozy fireplace that creates the perfect gathering space. The updated kitchen features rich cabinetry, stainless steel appliances, a gas range, ample counter space, and a seamless flow into the dining and living areas. A spacious game room complete with a built-in bar offers the ultimate space for hosting friends, family gatherings, or game nights. Step outside and discover your own private backyard retreat. Enjoy the sparkling pool with a tranquil rock waterfall, unwind in the spa, or relax under the covered patio while enjoying your outdoor oasis. Ideally located just minutes from Grandscape, WorldSprings, Topgolf, Hawaiian Waters, premier shopping, dining, and major highways, this exceptional home offers the perfect blend of convenience, recreation, and everyday comfort. Don't miss the opportunity to make this incredible home yours!
    33 days
    80
    4

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    James Sharp 0491432 214-403-9916,

    EXP REALTY 888-519-7431

    Source: NTREIS,MLS#: 21338260

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Level: First
      • Dimensions: 16 x 12
      Bedroom
      • Level: First
      • Dimensions: 10 x 9
      Bedroom
      • Level: First
      • Dimensions: 10 x 9
      Kitchen
      • Features: Granite Counters
      • Level: First
      • Dimensions: 15 x 12
      Living room
      • Features: Fireplace
      • Level: First
      • Dimensions: 15 x 13
      Utility room
      • Level: First
      • Dimensions: 7 x 4
      Heating
      • Central, Gas
      Cooling
      • Central Air, Ceiling Fan(s), Electric, Zoned
      Appliances
      • Included: Dishwasher, Disposal, Gas Oven, Gas Range, Microwave
      • Laundry: Electric Dryer Hookup
      Features
      • Built-in Features, Granite Counters, High Speed Internet, Cable TV, Walk-In Closet(s)
      • Flooring: Carpet, Tile
      • Windows: Window Coverings
      • Has basement: No
      • Number of fireplaces: 1
      • Fireplace features: Gas, Gas Starter, Wood Burning
      Interior area
      • Total interior livable area: 1,946 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Additional Parking, Alley Access, Common, Concrete, Garage, Garage Door Opener, Oversized, Paved, Parking Pad, Garage Faces Rear
      • Attached garage spaces: 2
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Rear Porch, Side Porch, Covered
      • Pool features: Heated, In Ground, Pool, Salt Water, Water Feature
      • Fencing: Wood
      Lot
      • Size: 8,102 Square Feet
      • Features: Interior Lot, Landscaped, Subdivision
      Details
      • Parcel number: R90267

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional,Detached
      • Property subtype: Single Family Residence
      • Attached to another structure: Yes
      Materials
      • Brick
      • Foundation: Slab
      • Roof: Composition
      Condition
      • Year built: 1978

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Separate Meters, Water Available, Cable Available

      Community & HOA

      Community
      • Features: Playground, Curbs, Sidewalks
      • Subdivision: Colony 18
      HOA
      • Has HOA: No
      Location
      • Region: The Colony

      Financial & listing details

      • Price per square foot: $205/sqft
      • Tax assessed value: $315,776
      • Annual tax amount: $6,106
      • Date on market: 7/29/2026
      • Cumulative days on market: 34 days
      • Listing terms: Cash,Conventional,FHA,VA Loan

        Estimated market value

        $398,900

        $379,000 - $419,000

        $2,901/mo

        Price history

        DateEventPrice
        8/4/2026Contingent$399,900$205/sqft
        Source: NTREIS #21338260 Report a problem
        7/29/2026Listed for sale$399,900+210%$205/sqft
        Source: NTREIS #21338260 Report a problem
        6/4/2009Sold--
        Source: Agent Provided Report a problem
        4/26/2009Listed for sale$129,000$66/sqft
        Source: Number1Expert #11127108 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,351 -30%$315,776 -4.8%
        2024$3,357 -0.1%$331,595 +10%
        2023$3,362 -29.5%$301,450 +10%
        2022$4,766 -0.7%$274,045 +10%
        2021$4,798 -12.3%$249,132 -4.6%
        2020$5,470 +2.6%$261,204 -2.8%
        2019$5,332 +0.2%$268,708 +15.9%
        2018$5,320 +23.5%$231,760 +17.2%
        2017$4,307 $197,715 +7.2%
        2016$4,307 +25.3%$184,370 +19.8%
        2015$3,438 $153,921 +8.4%
        2014$3,438 $141,961 +5%
        2013$3,438 $135,162 -1.7%
        2012-- $137,466 +11.7%
        2011-- $123,094 0%
        2010-- $123,120 +3.1%
        2009-- $119,433 -4.9%
        2007-- $125,550 -0.4%
        2006$3,182 -0.5%$125,991 -0.2%
        2005$3,199 $126,229 +0.6%
        2004-- $125,424 -3%
        2003-- $129,326 +13.3%
        2002-- $114,114 +6.6%
        2001-- $107,034
        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.

        Climate risks

        Neighborhood: 75056

        Getting around

        14 / 100
        Car-Dependent
        27 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Owen
        • 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.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts