5241 REED DRIVE, THE COLONY, TX 75056
Homes for sale in The Colony.
Homes for sale in 75056.
5241 REED Drive
The Colony, TX 75056
List Price$224,900
Listing #21076879
3
Bedrooms
2 full
Bathrooms
1,881
Square Feet
House
Type
About This Property
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.< THANKS TO ALL FOR PARTICIPATING. CASH BUYERS ONLY AND NO CONTINGENCIES. INVESTORS OR AGENT REPRESENTING MUST DO THE BIDDING ON-LINE. TEXT LISTING AGENT for help. << AN OFFER FROM ON-LINE AUCTION HAS BEEN ACCEPTED 12-16-25. THANKS TO ALL WHO PARTICIPATED.>>
Property Features
Location Information
County
Denton
Subdivision
COLONY NO 19
Interior Features
Rooms
First Floor Bedroom, First Floor Bedroom, First Floor Breakfast Room/Nook, First Floor Dining Room, First Floor Full Bath, First Floor Kitchen, First Floor Laundry, First Floor Living Room, First Floor Primary Bathroom, First Floor Primary Bedroom
Has Fireplace
Yes
Interior
Pantry, Walk-In Closet(s)
Number of Fireplaces
1
Master Bedroom Description
19 x 14
Heating
Electric
Full Baths
2
Cooling
Central Air, Ceiling Fan(s), Electric
Dining Room Description
14 x 10
Laundry
Electric Dryer Hookup, Laundry in Utility Room, In Hall
Living Room Description
19 x 17
Appliances
Electric Range, Microwave
Kitchen Description
12 x 10
Exterior Features
Style
Traditional, Detached
Garage Spaces
2
Stories
1
Fencing
Wood
Construction
Brick
Pool Description
None
Foundation
Slab
Lot Size in Acres
0.157
Roof
Asphalt
Lot Size in Sq. Ft.
6,820
Parking Description
Alley Access, Garage Faces Rear
Lot Dimensions
62X110
Has Garage
Yes
Is One Story
Yes
School
Elementary School District
Lewisville ISD
Jr. High School
Griffin
Elementary School
Owen
High School
The Colony
Additional Information
Property Type
SFR
Status
Closed
Property SubType 2
House
Has a Home Owners Association
No
Property SubType
Single Family Residence
Community Features
Community Mailbox, Curbs
Year Built
1983
Lot Acres Source
Public Records
Similar Listings
Schools
Walk Score
Seller's Representative
Inga E Gonzalez
Keller Williams Realty-FM
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NTREIS - North Texas data last updated at May 7, 2026, 7:21 AM CT
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