Location
THIS HOME IS AN INVESTOR’S OPPORTUNITY! LOTS OF FIXING NEEDED BUT LOCATED IN A FRIENDLY NEIGHBORHOOD FOR FAMILIES. ONCE RESTORED, UPDATED, AND IMPROVED, THE POPULAR FLOOR PLAN WILL BE VERY ATTRACTIVE. CASH BUYER PREFERRED! CALL LISTING AGENT WITH QUESTIONS AS HAPPY TO HELP. SEE DOCUMENTS FOR MANDATORY FORM TO BE ACKNOWLEDGED BY BUYER RE WATER DAMAGE, TOXIC MOLD AND ENVIRONMENTAL DISCLOSURE RELEASE AND INDEMNIFICATION AGREEMENT.
AUCTION DISCLOSURE: THIS PROPERTY IS NOW UNDER AUCTION TERMS. ALL BIDS MUST BE SUBMITTED VIA LINK BELOW DURING THE NEW AUCTION DATES 11-3-25 – 11-5-25. SEE THE PROPERTY’S LISTING PAGE AT www.servicelinkauction.com. THIS SALE IS SUBJECT TO A 5% OR $2,500 MINIMUM BUYER’S PREMIUM PURSUANT TO THE AUCTION TERMS AND CONDITIONS. ALL BIDS WILL BE SUBJECT TO SELLER APPROVAL (MINIMUMS MAY APPLY). AUCTION DEADLINE NOW EXTENDED 11-3-25 – 11-5-25. NOTE: IF AUCTION REPRESENTATIVE CONTACTS YOU REGARDING YOUR BID, BE SURE TO CHECK YOUR EMAIL FOR A DOCUSIGN FORM THEY REQUIRE TO CONFIRM. IT IS TIME SENSITIVE!
CASH BUYERS ONLY AND NO CONTINGENCIES. TEXT LISTING AGENT for help.
AUCTION DISCLOSURE: THIS PROPERTY IS NOW UNDER AUCTION TERMS. ALL BIDS MUST BE SUBMITTED VIA LINK BELOW DURING THE NEW AUCTION DATES 11-3-25 – 11-5-25. SEE THE PROPERTY’S LISTING PAGE AT www.servicelinkauction.com. THIS SALE IS SUBJECT TO A 5% OR $2,500 MINIMUM BUYER’S PREMIUM PURSUANT TO THE AUCTION TERMS AND CONDITIONS. ALL BIDS WILL BE SUBJECT TO SELLER APPROVAL (MINIMUMS MAY APPLY). AUCTION DEADLINE NOW EXTENDED 11-3-25 – 11-5-25. NOTE: IF AUCTION REPRESENTATIVE CONTACTS YOU REGARDING YOUR BID, BE SURE TO CHECK YOUR EMAIL FOR A DOCUSIGN FORM THEY REQUIRE TO CONFIRM. IT IS TIME SENSITIVE!
CASH BUYERS ONLY AND NO CONTINGENCIES. TEXT LISTING AGENT for help.
Property Details
Price:
$249,600
MLS #:
21076879
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
COLONY NO 19
Listed Date:
Oct 3, 2025
Finished Sq Ft:
1,881
Lot Size:
6,820 sqft / 0.16 acres (approx)
Year Built:
1983
Schools
School District:
Lewisville ISD
Elementary School:
Owen
Middle School:
Griffin
High School:
The Colony
Interior
Bathrooms Full
2
Cooling
Ceiling Fan(s), Central Air, Electric
Fireplace Features
Brick
Fireplaces Total
1
Flooring
None
Heating
Electric
Interior Features
Pantry, Walk- In Closet(s)
Number Of Living Areas
1
Exterior
Construction Materials
Brick, Siding
Fencing
Wood
Garage Length
20
Garage Spaces
2
Garage Width
21
Lot Size Area
6820.0000
Lot Size Dimensions
62X110
Financial

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Aaron a full-service broker serving the Northern DFW Metroplex. Aaron has two decades of experience in the real estate industry working with buyers, sellers and renters.
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Similar Listings Nearby
Community
- Address5241 REED Drive The Colony TX
- SubdivisionCOLONY NO 19
- CityThe Colony
- CountyDenton
- Zip Code75056
Subdivisions in The Colony
- 121 Office Plaza Condo
- Aberdeen At Tribute Ph 1
- Aberdeen At Tribute Ph 2
- Aberdeen At Tribute Ph 3
- Austin Waters East Ph 1
- Austin Waters East Ph II
- Balmerino At Tribute Ph 1
- Balmerino At Tribute Ph 2
- BB LIVING AT THE TRIBUTE
- Bbb & C
- Brentwood Court Add
- BRENTWOOD COURT ADDITION
- Camey Place
- Castle Hills Ph IV Sec B
- Castle Hills Ph VI Sec C
- CHELSEA GREEN AT THE TRIBUTE
- Colony 10
- Colony 11
- Colony 12
- Colony 13
- Colony 14
- Colony 14 Ph A
- Colony 15
- Colony 16
- Colony 17
- Colony 19
- Colony 2
- Colony 20
- Colony 21
- Colony 22
- Colony 23
- Colony 24
- Colony 25
- Colony 26
- Colony 27
- Colony 28
- Colony 29
- Colony 3
- Colony 31
- Colony 4 Sec B
- Colony 5
- Colony 6
- Colony 7
- Colony 8
- Colony 9
- COLONY NO 1
- COLONY NO 16
- Colony No 18
- Colony No 24
- Colony No 29
- COLONY NO 5
- Colony NO 9
- CROSSROADS CENTRE NORTH
- Garza Lake Estates
- Haven Hills Mobile Home Estate
- Kimbre Mgmnt LLP
- Lake Ridge Estates Lewisville
- Legend Bend Ph I
- Legend Bend Ph II
- Legend Crest Ph I
- Legend Crest Ph II
- Legend Crest Ph III
- Legend Crest Ph IV
- Legend Crest Ph Ix
- Legend Crest Ph V
- Legend Crest Ph VI
- Legend Crest Ph Vii
- Legend Crest Viii
- Legend Glen Ph I
- Legend Trails Ph I
- Legend Trails Ph II
- Legend Trails Ph III
- Northpointe Ph 1
- Northpointe Ph 2
- Northpointe Ph 3
- Parks Of Austin Ranch Add
- Ridgepointe Ph 1a
- Ridgepointe Ph 2-B
- Ridgepointe Ph 3
- Ridgepointe Ph 5
- Somerset At Tribute
- Stewart Peninsula Cottonwood S
- Stewart Peninsula Cypress Cove
- Stewart Peninsula Northshore
- Stewart Peninsula Southshore P
- Stewart Peninsula The Heights
- Stonehaven At Tribute Ph 1
- Stonehaven At Tribute Ph 2
- The Cascades At The Legends Ph
- The Colony
- The Gardens At Tribute
- The Gardens At Tribute Ph 1
- The Gardens At Tribute Ph 2
- The Glen At Tribute Ph 1
- The Glen Ph 2 At Tribute
- The Lochs At Tribute Ph 1b
- The Lochs At Tribute Ph 2
- The Lochs At Tribute Ph 3
- The Tribute
- The Tribute – Waterford Pt.
- The Waters Edge
- Tullamore Meadows At Tribute P
- Village At The Point
- Waterford Point
- Waterford Point – The Tribute
- Waterford Point Ph 3
- Waterford Point Ph 4
- Waterford Point Phas
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- Westbury – Tribute Ph 4
- Westbury at Tribute
- Westbury At Tribute Ph 1b
- Westbury At Tribute Ph 2
- Westbury Tribute Ph 3a
- Westbury Tribute Ph 3b
- Westbury Tribute Ph 4
- Westbury-Tribute Ph 4
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Market Summary
Current real estate data for Single Family in The Colony as of Nov 15, 2025
187
Single Family Listed
87
Avg DOM
247
Avg $ / SqFt
$670,264
Avg List Price
Property Summary
- Located in the COLONY NO 19 subdivision, 5241 REED Drive The Colony TX is a Single Family for sale in The Colony, TX, 75056. It is listed for $249,600 and features 3 beds, 2 baths, and has approximately 1,881 square feet of living space, and was originally constructed in 1983. The current price per square foot is $133. The average price per square foot for Single Family listings in The Colony is $247. The average listing price for Single Family in The Colony is $670,264. To schedule a showing of MLS#21076879 at 5241 REED Drive in The Colony, TX, contact your Aaron Layman Properties agent at 940-209-2100.

5241 REED Drive
The Colony, TX




