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5508 King Dr, The Colony, TX, 75056

$314,000

Home List Price

$3,729*

Closing Credit

3 Bedrooms
2 Full Baths
1,339 SqFt
$235/SqFt
House

Location

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5508 King Dr, The Colony$314,000

Buyer Closing Credits

$3,729*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage Faces Front
Attached Garage2 spaces
Year Built1974
HeatingCentral
CoolingCentral Air
FireplaceLiving Room
MLS #20685635
Lot Size0.13 Acres
StatusActive

About 5508 King Dr

Come see this 3 bedroom 2 bath beauty in The Colony! This open floorplan features a generous sized living room with fireplace, eat-in kitchen, stainless steel appliances, updated fixtures, granite countertops, ceiling fan in each bedroom, sizable front yard with a large fenced back yard. Close to Sam Rayburn Tollway, shopping and plenty of restaurants. **Please see offer instructions**

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional, Detached
  • Year Built: 1974
  • Stories: 1
  • Living Area: 1,339 SqFt

Listing Office:

  • Office Name: WM Realty Tx LLC
  • Office Phone: (469) 412-5411
  • Listing Agent: Clairece Brown

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Cooktop
  • Basement: No
  • Flooring Type: Carpet, Tile
  • Interior: Cable TV
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Garage Faces Front

Virtual/3D Tour

  • Virtual Tour: 5508 King Dr
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Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • The Colony High School, Public District Grades 9-12
  • Griffin Middle School, Public District Grades 6-8
  • Peters Colony Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $314,000
  • Price Per SqFt: $235/SqFt

Tax Information:

  • Annual Amount: $4,521
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in The Colony, TX.

Med. List Price

$499.9K

Med. Price/SqFt

$237

Avg. Days On Market

61

# of Sold Homes

54

5508 King Dr vs The Colony

43 DAYS ON ROCKET

-18 Days

$314,000

-$185.9K Less

$235/SqFt

-$2 Less

KEY TAKEAWAY

This property is $185.9K less than the Median List Price and $2/SqFt less than other homes in The Colony, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20685635

Listing Office:

  • Office Name: WM Realty Tx LLC
  • Office Phone: (469) 412-5411
  • Listing Agent: Clairece Brown

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 9/7/2024, 8:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$4,521$213,000
2020$4,521$203,000
2019$3,903$203,000
2018$3,904$170,053
2017$3,575$154,735

History based on county public records data.

Payment Calculator

$1,635

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,008

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1100230
5
/10
  • Peters Colony Elementary School

  • 5101 Nash Dr

  • 0.54 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1100231
5
/10
  • Griffin Middle School

  • 5105 N Colony Blvd

  • 0.50 miles

  • Public District Grades 6-8

High School

school-card-donut-1100232
4
/10
  • The Colony High School

  • 4301 Blair Oaks Dr

  • 1.66 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $82,022. The most common annual income of people living in The Colony, TX is between $35k-100k. Most families are married, with kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5508 King Dr

What is the listing price of this property?

The listing price of 5508 King Dr property is $314,000.

What type of property is this?

The property 5508 King Dr is a house located in The Colony, Texas, 75056.

Is this property for sale now?

Active Listing: 5508 King Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5508 King Dr are:
Peters Colony Elementary School: GreatSchools Rating 5/10
Griffin Middle School: GreatSchools Rating 5/10
The Colony High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,521 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5508 King Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5508 King Dr is 1,339 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5508 King Dr is 1974.

Rocket Homes›Texas›Denton County›The Colony›75056›5508 King Dr

This home is located at 5508 King Dr in The Colony, TX and zip code 75056. This 1,339 square foot home, which was built in 1974, sits on a 0.13 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 26, 2024 and is currently priced at $314,000.

The inventory of homes for sale in The Colony, TX between July 2024 and August 2024 increased by 9.8%. Listings spent 61 days on the market in August 2024, and had a median list price of $499,912 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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