Welcome to 5221 Reed Drive, a building located in The Colony in The Colony, TX.
As a quick overview, these are the most up-to-date information we've collected about the property.
The building itself was built in 1983.
This is a relatively tall building with a total of 100 floors.
The market value for the land that the building sits on has been listed at $68,200.
In addition, improvements upon the building have an added value of $256,478.
In total, the total market value of the property as a whole is $324,678.
According to local assessors, the total value of the building is currently valued at $324,678.
Specifically, the value of the land that the property sits on has been assessed at $68,200.
The building was last assessed in 2023.
Here's what we know about the features and amenities in this building.
Thankfully, there is a .
The building depends on for cooling.
Speaking of cooling systems, the heat in the building is controlled via .
Are you a fan of fireplaces? Good news! This property has one single fireplace.
Tenants living in this building will be happy to learn that there is a both a and a .
For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool.
The local assessor's office has provided us with data that shows that the building has a ext:roof_type_code_text roof and it is made up of ext:roof_cover_code_text.
More About The Building
In total, the building area is listed as 1,881 square feet.
The depth of the property lot was measured at 1,100 square feet and the front at 620 square feet.
The building itself has 2,309 square footage of total floor area.
Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition.
The facade was constructed using .
While the interior walls were made of .
The building class code for 5221 Reed Drive is unknown but given the importance of this information, we will work to update this data as soon as possible.
The overall condition of the building is considered to be good.
Interested in learning more about the neighborhood that the property is located in?
Buildings in the 75056 area have a median price of $2,550.
Those in the 25th percentile, have a price around $2,200.
While those in the 75th percentile, have a price around $3,298.
Typically, the buildings in this area have a median sqft of 1,850.
That means that the median price per sqft is around $17.
In other words, the price per sqft for buildings in the 25th percentile is $15.
While the price per sqft for buildings in the 75th percentile is $19.
As a breakdown, we've included the following stats:
- There are currently no studio listings being advertised in the area.
- There are currently a total of 10 one bedroom listings.
The median price for these types of listings is $1,568.
That's $24.27 price per sqft.
- There are currently a total of 10 two bedroom listings.
The median price for these types of listings is $2,265.
That's $20.79 price per sqft.
- There are currently a total of 72 three bedroom listings.
The median price for these types of listings is $2,500.
That's $16.84 price per sqft.
- There are currently a total of 35 four bedroom listings.
The median price for these types of listings is $3,500.
That's $14.53 price per sqft.
About The Area
5221 Reed Drive is located in 75056.
There are 55,373 people living here.
There are 19,961 households.
Most of these households have an average family size of 3.36 people.
According to the census, 36% are currently renting while 64% own their homes.
The median age of this population is around 34 years old.
On average, most folks in the zipcode are married.
About 24% of folks speak a language other than English in this area.
The area's employment rate is currently around 73.9%.
Speaking of employment, the median income is $80,941.
Most folks will commute by car for around 29.2 minutes.
Finally, we know that 19% of residents in the area have graduated with their high school degree.
Additionally, 30% and 12% have their Bachelor's and Master's degree, respectfully.
Moving on to the county level.
Denton County, Texas has a population of 754,650 people.
Based on census records, there are 265,790 registered households.
Families in this area are on average made up of 3.3 people per household.
Most folks are married.
They are also typically around 34.5 years old.
Does diversity matter to you? Right now, 23% of folks speak a language other than English here.
About 36% rent while 64% purchased their homes.
Right now, the community is made up of 19% of residents who have graduated with at least a high school degree.
On top of that, 29% have a Bachelor's degree and 13% have a Master's degree.
The employment rate is currently around 69.4%.
Those employed, have a median income of $76,678.
Your Privacy Choices