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$299,000

5517 Baker Dr, The Colony, TX, 75056

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,881 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$158.96 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave
FlooringLaminate, Tile

Exterior

Lot Size6,800 sqft

Building Information

Year Built1975
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR08001
Lot Number6
SubdivisionColony No 11
Land UseResidential
Legal DescriptionCOLONY NO 11 BLK 72 LOT 6
Census Tract021531
Assessed Land Value$67,980
Assessed Improvement Value$219,971
Assessment Year2025

About this property

Welcome to 5517 Baker Drive, a single story home in the heart of The Colony offering an excellent opportunity to make the space your own. The home features a functional layout with plenty of potential for updating and personalization. Whether you're looking for a primary residence to customize or an investment opportunity, this property provides a great starting point in an established neighborhood. Conveniently located near shopping, dining, entertainment, major roadways, and everything The Colony has to offer. Property is being offered as is. Schedule your showing and explore the possibilities at 5517 Baker Drive!

Investor Tools

$243,336Estimated Mortgage Balance
$80,664Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,944 /month
Positive
Cash Flow Estimate:
$648 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$599/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,568
$287,951
2025
$67,980
$219,971
$287,951
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,568
$287,951

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Conventional
$252,000
No
First
Nov 1, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$243,336
$80,664
24%
75%
$1,511/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,340/mo
$1,511/mo
+$829/mo
8.7%

City: The Colony

5517 Baker Dr | Property Details | No Agent List