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$575,000

5840 Copper Canyon Dr, The Colony, TX, 75056

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths3,031 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$189.71 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDouble Oven, Dishwasher, Electric Cooktop, Electric Oven, Disposal, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Engineered Hardwood, Hardwood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size8,999 sqft

Building Information

Year Built2001
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR217490
Lot Number25
SubdivisionLegend Bend Ph Ii
Land UseResidential
Legal DescriptionLEGEND BEND PH II BLK E LOT 25
Census Tract021532
Assessed Land Value$121,500
Assessed Improvement Value$473,561
Assessment Year2025

About this property

Welcome home to this beautiful 1.5-story home located in the desirable Legends subdivision of The Colony! This spacious floor plan features 4 bedrooms, 3 full bathrooms, and a 2-car garage. The formal living room provides additional space for entertaining or relaxing, while the inviting family room offers a comfortable gathering space for everyday living. Upstairs, a versatile game room is perfect for movie nights, gaming, or a second living area. Step outside to your own backyard retreat featuring a sparkling pool and spa combination, ideal for relaxing or entertaining family and friends. With its flexible living spaces, sought-after floor plan, and backyard oasis, this home offers the perfect combination of comfort and entertainment in a convenient The Colony location.

Investor Tools

$261,304Estimated Mortgage Balance
$333,757Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,570 /month
Positive
Cash Flow Estimate:
$1,190 /month

Interested in this property?

Bryan Fitzpatrick

Keller Williams Realty DPR

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,060/month
$550/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,743
$595,061
2025
$121,500
$473,561
$595,061
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,743
$595,061

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Flagstar Bank Fsb
Conventional
$292,929
No
First
Feb 2, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$261,304
$333,757
56%
44%
$1,757/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,060/mo
$2,307/mo
+$753/mo
6.2%

City: The Colony

5840 Copper Canyon Dr | Property Details | No Agent List