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Property Description
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. IT IS TIME SENSITIVE! >PROPERTY IS NOW PENDING--DETAILS IN MLS WHEN CLOSED.>
Full Property Details
Full Property Details for 5241 Reed Dr
General
- Status: Closed
- Type: Single Family
- Source: NTREIS
- MLS ID: 21076879
- Added to Site: 106 day(s) ago
Interior
- Interior Features: Pantry, Walk-In Closet(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Masonry
- Appliances: Electric Range, Microwave
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Electric Dryer Hookup, Laundry in Utility Room, In Hall
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Alley Access, Garage Faces Rear
Location
- County: Denton
- Subdivision: COLONY NO 19
- Driving Directions: FROM 121 GO NORTH ON 423 (MAIN) TURNING RIGHT (EAST) ON NORTH COLONY; THEN LEFT (NORTH) ON ALLEN; AND RIGHT (EAST) ON REED TP TO 5241 REED DR ON YOUR RIGHT. AN OFFER IS ACCEPTED 12-16-25 AND PROCESSING FOR FINAL SIGNATURES. THANKS TO ALL WHO PARTICIPATED.
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
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Sewer Available, Water Available
Structural Information
- Property Detached: Yes
- Architectural Style: Traditional, Detached
- Structure Type: House
- Detached/Attached: Detached
- Construction: Brick
- Roof: Asphalt
- Stories/Levels: 1
- Living Area: 1,881 Sq. Ft.
- Year Built: 1983
Lot Features
- Lot Size (Acres): 0.1566
- Lot Size (Sq. Ft.): 6,820
- Lot Size Source: Public Records
- Lot Dimensions: 62 x 110
- Fencing (Description): Wood
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Terms: Cash
Disclosures and Reports
- Disclosures/Rstr.: Special Addendum
- Property ID: R13447
- Block: 127
- Lot Number: 11
Listed by Keller Williams Realty-FM, Inga E Gonzalez
Sold by Better Homes & Gardens Winans, Dave Kopsa
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Schools
Schools serving 5241 Reed Dr
School District:Lewisville Independent School District
| Name | Grades | Distance |
|---|---|---|
B B Owen Elementary School 5640 Squires 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 | 2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
5241 Reed Drive, The Colony, TX 75056 (MLS# 21076879) is a Single Family property that was sold on January 09, 2026. Want to learn more about 5241 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.

