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$399,900
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Property Description
Welcome home to this beautifully maintained 3-bedroom, 2-bath home in the heart of The Colony, where comfort, style, and entertainment come together effortlessly. Step inside to an inviting open-concept layout filled with abundant natural light, spacious living areas, and a cozy fireplace that creates the perfect gathering space. The updated kitchen features rich cabinetry, stainless steel appliances, a gas range, ample counter space, and a seamless flow into the dining and living areas. A spacious game room complete with a built-in bar offers the ultimate space for hosting friends, family gatherings, or game nights. Step outside and discover your own private backyard retreat. Enjoy the sparkling pool with a tranquil rock waterfall, unwind in the spa, or relax under the covered patio while enjoying your outdoor oasis. Ideally located just minutes from Grandscape, WorldSprings, Topgolf, Hawaiian Waters, premier shopping, dining, and major highways, this exceptional home offers the perfect blend of convenience, recreation, and everyday comfort. Don't miss the opportunity to make this incredible home yours!
Full Property Details
Full Property Details for 5160 Reed Dr
General
- Price: $399,900
- Taxes: $6,106
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21338260
- Updated: 8/4/2026
- Added to Site: 13 day(s) ago
Interior
- Interior Features: Built-in Features, Granite Counters, High Speed Internet, Cable TV, Walk-In Closet(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Gas, Gas Starter, Wood Burning
- Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Microwave
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Electric Dryer Hookup
Additional Information
- Pool: Yes
- Pool Description: Heated, In Ground, Pool, Salt Water, Water Feature
Exterior
- Porch/Patio/Deck: Rear Porch, Side Porch, Covered
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Additional Parking, Alley Access, Common, Concrete, Garage, Garage Door Opener, Oversized, Paved, Parking Pad, Garage Faces Rear
Location
- County: Denton
- Subdivision: Colony 18
- Driving Directions: From Main St, right on North Colony, left on Allen Dr, right on Reed. Home is on the right.
School Information
- Elem School District: Lewisville ISD
- Midd School District: Lewisville ISD
- High School District: Lewisville ISD
- Elementary School: Owen
- Middle School: Griffin
- High School: The Colony
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric, Zoned
- Heating Type: Central, Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Electricity Available, Natural Gas Available, Sewer Available, Separate Meters, Water Available, Cable Available
Structural Information
- Architectural Style: Traditional, Detached
- Structure Type: House
- Detached/Attached: Attached
- Construction: Brick
- Roof: Composition
- Windows: Window Coverings
- Stories/Levels: 1
- Living Area: 1,946 Sq. Ft.
- Year Built: 1978
Lot Features
- Lot Size (Acres): 0.186
- Lot Size (Sq. Ft.): 8,102.16
- Lot Size Source: Public Records
- Sidewalks: Yes
- Lot Features: Interior Lot, Landscaped, Subdivision
- Fencing (Description): Wood
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $6,106
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: COLONY NO 18 BLK 123 LOT 32
- Disclosures/Rstr.: Residential Service Contract
- Property ID: R90267
- Block: 123
- Lot Number: 32
Listed by Exp Realty, James Sharp
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Schools
Schools serving 5160 Reed Dr
School District:Lewisville Independent School District
| Name | Grades | Distance |
|---|---|---|
Peters Colony Elementary School 5101 Nash Drive, The Colony, TX 75056 | PK-5 | 0.6 mi |
Griffin Middle School, The Colony, TX 5105 North Colony Boulevard, The Colony, TX 75056 | 6-8 | 0.4 mi |
The Colony High School 4301 Blair Oaks Drive, The Colony, TX 75056 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5160 Reed Dr
Date
Details
Price
Change
Source
7/29/2026
Listed
$399,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5160 Reed Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,351
-30%
$315,776
-5%
2023
$3,362
—
$331,595
-8%
2023
$3,362
-30%
$359,932
44%
2021
$4,797
1%
$249,132
-26%
2022
$4,766
-13%
$337,069
29%
2020
$5,470
-3%
$261,204
2%
2019
$5,667
7%
$254,936
10%
2018
$5,320
16%
$231,760
17%
2017
$4,568
6%
$197,715
7%
2016
$4,307
16%
$184,370
20%
2015
$3,708
8%
$153,921
8%
2014
$3,438
4%
$141,961
5%
2013
$3,297
—
$135,162
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5160 Reed Dr
5160 Reed Drive, The Colony, TX 75056 (MLS# 21338260) is a Single Family property with 3 bedrooms and 2 full bathrooms. 5160 Reed Drive is currently listed for $399,900 and was received on July 29, 2026. Want to learn more about 5160 Reed Drive? Do you have questions about finding other Single Family real estate for sale in The Colony? You can browse all The Colony real estate or contact a Coldwell Banker agent to request more information.

