5241 Reed Drive, The Colony, TX 75056

Local realty services provided by:Better Homes and Gardens Real Estate Winans
5241 Reed Drive,The Colony, TX 75056
$224,900
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  • 3 Beds
  • 2 Baths
  • 1,881 sq. ft.
  • Single family
  • Active
Listed by: inga e gonzalez214-850-4478
Office: keller williams realty-fm
MLS#:21076879
Source:GDAR

Price summary

  • Price:$224,900
  • Price per sq. ft.:$119.56

About this home

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 AUCTION TERMS. ALL BIDS MUST BE SUBMITTED VIA LINK BELOW DURING THE NEW AUCTION DATES 11-24 THRU- 11-26-2025. 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 11-24-25 - 11-26-25. NOTE: IF AUCTION REPRESENTATIVE CONTACTS YOU REGARDING YOUR BID, BE SURE TO CHECK YOUR EMAIL FOR A

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Home facts

  • Year built:1983
  • Listing ID #:21076879
  • Added:49 day(s) ago
  • Updated:November 21, 2025 at 10:54 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:1,881 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fans, Central Air, Electric
  • Heating:Electric

Structure and exterior

  • Year built:1983
  • Building area:1,881 sq. ft.
  • Lot area:0.16 Acres

Schools

  • High school:The Colony
  • Middle school:Griffin
  • Elementary school:Owen

Finances and disclosures

  • Price:$224,900
  • Price per sq. ft.:$119.56
MLS LogoInformation provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated November 21, 2025 Listings with the NTREIS logo are listed by brokerages other than Better Homes and Gardens Real Estate Winans.

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