$339,900

5512 Gates Drive, The Colony, TX 75056

3 beds |
2 baths |
1,273 sqft

Single-Family Home
Built in 1975
6,403sqft lot
1 car garage
$267/sqft
Listed 1 month ago

Property Description

Welcome to 5512 Gates Drive, arguably the cutest affordable home in the neighborhood with a NEW PRICE and a full refresh! This stylish single story home is truly move-in ready, boasting 2025 new carpet in all bedrooms, 2025 fresh interior paint, an open-concept floor plan, and a 1-car garage; a rare find at this price point in The Colony. Step inside and experience a bright, modern living space that makes the most of every square foot. The open kitchen-to-living connection is ideal for hosting friends, cooking while staying part of the conversation, or simply enjoying a cozy night in. With 3 spacious bedrooms, 2 full baths, and a smart layout, the home works beautifully for first-time buyers, downsizers, or investors looking for long-term value. Sitting on a generously sized lot with semi-corner alley access, the backyard is a blank canvas ready for gardens, gatherings, or play. Major upgrades are already done for you: a 2022 foundation repair with a transferable warranty, 2025 insulation improvements, and a 2020 electrical panel upgrade—giving new homeowners peace of mind for years to come. Location is the cherry on top: just a short walk to a neighborhood park, minutes from lakeside fun, restaurants, shops, and all The Colony has to offer. Zoned to Lewisville ISD (The Colony schools). Modern updates, thoughtful features, and undeniable charm. This isn’t just a house—it’s the home people will be talking about. Come see it today and fall in love. Enjoy peace of mind with completed foundation work that includes a transferrable warranty. This home has been lovingly maintained and is ready for its next chapter. This is more than a house, it's home. Come see why it’s the one everyone will be talking about!

Listing Status:: Active
Listing Office:: Compass RE Texas, LLC. : 214-814-8100
Listing Agent:: Oracle Batie-Smith :
MLS ID:: 21090404

General: Decorative/Designer Lighting FixturesEat-in KitchenGranite CountersHigh Speed InternetKitchen IslandOpen FloorplanPantryPaneling/WainscotingCable TV
Appliances: DishwasherElectric RangeDisposal
Flooring: CarpetLaminate
A/C: Central AirCeiling Fan(s)
Heating: Central
Fireplace: Fireplaces: 0

General: Rain Gutters
Style: TraditionalDetached
Pool: None
Parking: Driveway

Roofing: Composition
Windows: Window Coverings
General: Brick1Slab

Originating MLS: NTR
School District: Lewisville ISD
County: Denton

Zoning: COLONY NO 11 BLK 70 LOT 9R07682
Fencing: Chain Link

Utilities: Sewer AvailableWater AvailableCable Available
Water: Public
Sewer: Public Sewer

Source: NTR

This listing courtesy of Oracle Batie-Smith, Compass RE Texas, LLC.

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Morningside Elementary School

6350 Paige Rd, The Colony, TX, 75056

Grades KG-5

0.17 miles away

Griffin Middle School

5105 N Colony Blvd, The Colony, TX, 75056

Grades 6-8

0.46 miles away

The Colony High School

4301 Blair Oaks Dr, The Colony, TX, 75056

Grades 9-12

1.45 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.