The Colony, TX 75056,5241 REED Drive

$224,900

Est.Price: ?

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Est. payment /mo

3 Beds

2 Baths

1,881 SqFt


SOLD DATE : 01/09/2026

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 1,881 sqft

Subdivision Colony No 19

MLS Listing ID 21076879

Sold Date 01/09/26

Style Traditional

Bedrooms 3

Full Baths 2

HOA Y/N None

Year Built 1983

Lot Size 6,821 Sqft

Acres 0.1566

Lot Dimensions 62X110

Property Sub-Type Single Family Residence

Property Description

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 ON-LINE AUCTION TERMS. ALL BIDS MUST BE SUBMITTED VIA LINK BELOW DURING THE 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 12-1-25 TO 12-3-25. 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! >PROPERTY IS NOW PENDING--DETAILS IN MLS WHEN CLOSED.
CASH BUYERS ONLY AND NO CONTINGENCIES. INVESTORS OR AGENT REPRESENTING MUST DO THE BIDDING ON-LINE. TEXT LISTING AGENT for help. >

Location

State TX

County Denton

Direction FROM 121 GO NORTH ON 423 (MAIN) TURNING RIGHT (EAST) ON NORTH COLONY; THEN LEFT (NORTH) ON ALLEN; AND RIGHT (EAST) ON REED TP TO 5241 REED DR ON YOUR RIGHT. AN OFFER IS ACCEPTED 12-16-25 AND PROCESSING FOR FINAL SIGNATURES. THANKS TO ALL WHO PARTICIPATED.

Rooms

Dining Room 2

Interior

Interior Features Pantry, Walk-In Closet(s)

Heating Electric

Cooling Ceiling Fan(s), Central Air, Electric

Flooring None

Fireplaces Number 1

Fireplaces Type Brick

Appliance Electric Range, Microwave

Heat Source Electric

Laundry Electric Dryer Hookup, In Hall, Utility Room, Full Size W/D Area

Exterior

Garage Spaces 2.0

Fence Wood

Utilities Available City Sewer, City Water, Community Mailbox, Curbs

Roof Type Asphalt

Total Parking Spaces 2

Garage Yes

Building

Story One

Foundation Slab

Level or Stories One

Structure Type Brick,Siding

Schools

Elementary Schools Owen

Middle Schools Griffin

High Schools The Colony

School District Lewisville Isd

Others

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Special Contracts/Provisions

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Inga E Gonzalez • Keller Williams Realty-FM
Bought with Dave Kopsa • Better Homes & Gardens Winans
Rachel Perez

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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