
5428 Redwater Ct the Colony, TX 75056
Estimated payment $3,542/month
Highlights
- Vaulted Ceiling
- Traditional Architecture
- Cul-De-Sac
- Morningside Elementary School Rated A-
- Covered patio or porch
- 2 Car Attached Garage
About This Home
**Less than 2 miles from Grandscape and all the features and amenities it offers!!! Welcome to your dream home in the highly sought-after Legend Trails community in The Colony!** Nestled on a private cul-de-sac lot that backs directly to the scenic Legends Hike and Bike Trail, this beautifully updated home offers the perfect blend of comfort, style, and convenience. Recent upgrades include vinyl flooring throughout all main areas and primary bedroom on the first floor, modernized bathrooms, new energy-efficient windows, and a new HVAC system installed just 2 years ago. Enjoy outdoor living year-round with the custom covered back patio with brick fireplace—ideal for relaxing or entertaining. The extended driveway behind the secure gate offers ideal storage for a boat, camper, or trailer—without the hassle of HOA restrictions or extra storage fees. Tall privacy fences surround the property, creating a private, secluded feel perfect for enjoying your outdoor space.
Legend Trails boasts exceptional community amenities including 3 playgrounds, 2 pools, and access to nearby Hawaiian Falls Waterpark, just a short walk away. You’ll also love being less than 2 miles from Grandscape’s premier dining, shopping, and entertainment hub, and under 20 minutes from DFW Airport—perfect for commuters or frequent travelers. Don’t miss the opportunity to live in one of the area’s most desirable neighborhoods in the heart of The Colony. Book a showing today!
Please Note: Zillow incorrectly displays this property as being located in a flood zone. According to FEMA and all verified sources, this home is not in a flood zone.
Additionally, the primary bedroom is conveniently located on the main floor, and most of the home is ADA-compliant, offering enhanced accessibility and comfort.
Listing Agent
Mike Danielson
Keller Williams NO. Collin Cty Brokerage Phone: 972-562-8883 License #0779248 Listed on: 06/25/2025

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,927
Year Built
- Built in 2001
Lot Details
- 5,576 Sq Ft Lot
- Cul-De-Sac
- Wood Fence
- Many Trees
HOA Fees
- $37 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Alley Access
- Rear-Facing Garage
- On-Street Parking
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Slab Foundation
- Shingle Roof
- Composition Roof
Interior Spaces
- 2,483 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Living Room with Fireplace
- Attic Fan
- Fire and Smoke Detector
Kitchen
- Gas Oven or Range
- Gas Cooktop
- <<microwave>>
- Dishwasher
Flooring
- Carpet
- Tile
- Vinyl Plank
Bedrooms and Bathrooms
- 4 Bedrooms
- Double Vanity
Outdoor Features
- Covered patio or porch
Schools
- Camey Elementary School
- The Colony High School
Utilities
- Central Air
- Cable TV Available
Community Details
- Association fees include all facilities, management
- Legends Association
- Legend Trails Ph Iii Subdivision
Listing and Financial Details
- Legal Lot and Block 61 / I
- Assessor Parcel Number R232261
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $8,927 | $460,000 | $100,710 | $359,290 |
2023 | $9,406 | $480,000 | $98,560 | $381,440 |
2022 | $8,712 | $415,000 | $100,710 | $314,290 |
2021 | $7,172 | $322,000 | $65,741 | $256,259 |
2020 | $7,113 | $320,000 | $65,741 | $254,259 |
2019 | $7,438 | $324,000 | $65,741 | $258,259 |
2018 | $6,504 | $281,500 | $65,741 | $215,759 |
2017 | $6,435 | $275,500 | $65,741 | $209,759 |
2016 | $6,365 | $246,000 | $47,558 | $198,442 |
2015 | $4,984 | $220,000 | $41,403 | $178,597 |
2014 | $4,984 | $205,800 | $41,403 | $164,397 |
2013 | -- | $179,466 | $41,403 | $138,063 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/25/2025 06/25/25 | For Sale | $499,900 | -- | $201 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Vendors Lien | -- | None Available | |
Trustee Deed | $137,438 | None Available | |
Vendors Lien | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $75,000 | Credit Line Revolving | |
Closed | $118,950 | New Conventional | |
Closed | $118,500 | Purchase Money Mortgage | |
Previous Owner | $35,000 | Stand Alone Second | |
Previous Owner | $172,200 | No Value Available |
Similar Homes in the area
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20980960

APN: R232261
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