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$675,000

5500 Oak Hills Dr, Colleyville, TX, 76034

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,556 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$264.08 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Cooktop, Disposal, Microwave
FlooringEngineered Hardwood, Laminate, Tile

Exterior

Exterior FeaturesStorage
Lot Size26,258 sqft

Building Information

Year Built1971
Stories1
Garage Spaces2

Land Information

APN36830-2-14
Lot Number14
SubdivisionRustic Oaks Addition
Land UseResidential
Legal DescriptionRUSTIC OAKS ADDITION BLOCK 2 LOT 14
Census Tract113639
Assessed Land Value$265,420
Assessed Improvement Value$327,470
Assessment Year2026

About this property

Welcome to this timeless single-story ranch-style home in the desirable Rustic Oaks Addition, situated on an expansive .602-acre corner lot with mature trees and endless possibilities. Combining classic charm with valuable updates, this home features a new HVAC system installed in 2022, a whole-home generator, a new Class 4 impact-resistant shingle roof in 2024, updated bathrooms, and Pella windows that bring in abundant natural light. The thoughtfully designed floorplan offers multiple living and dining spaces, providing flexibility for everyday living, entertaining, and gathering. The eat-in galley kitchen features ample counter space, a gas cooktop, and a charming breakfast nook overlooking the spacious backyard. A generously sized laundry room offers additional counter space, a built-in sink, and convenient access to the backyard. Outside, enjoy the privacy of the expansive lot, where mature trees and established landscaping create a peaceful setting. The covered patio provides a relaxing space to unwind or entertain, while the storage shed offers excellent potential for a workshop, hobby space, or additional storage. The two-car garage is enhanced by built-in shelving and an additional storage room, providing plenty of space to keep everything organized. With its desirable single-story layout, substantial corner lot, established landscaping, and significant improvements, this property offers a wonderful opportunity to enjoy comfortable living with room to make it your own.

Investor Tools

$0Estimated Mortgage Balance
$722,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,332 /month
Positive
Cash Flow Estimate:
$1,444 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$852/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,610
$592,890
2026
$265,420
$327,470
$592,890
No

Tax History

Year
Tax Paid
Assessed Value
2026
$6,610
$592,890

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dba First Mercantile Mortgage
Unknown
$138,900
No
First
N/A
Jul 2033

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$722,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$4,300/mo
N/A
+$4,300/mo
7.1%

City: Colleyville

5500 Oak Hills Dr | Property Details | No Agent List