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
Virtual Tour
  • 3 Beds
  • 2 Baths
  • 1,881 sq. ft.
  • Single family
  • Pending
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 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.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1983
  • Listing ID #:21076879
  • Added:100 day(s) ago
  • Updated:January 11, 2026 at 08:16 AM

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 January 11, 2026 Listings with the NTREIS logo are listed by brokerages other than Better Homes and Gardens Real Estate Winans.

New listings near 5241 Reed Drive