5512 Gates Drive, The Colony, TX 75056
Local realty services provided by:ERA Empower
Listed by: oracle batie-smith
Office: compass re texas, llc.
MLS#:21090404
Source:GDAR
Price summary
- Price:$329,900
- Price per sq. ft.:$259.15
About this home
Open House This Weekend! 2pm-4pm! 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!
Contact an agent
Home facts
- Year built:1975
- Listing ID #:21090404
- Added:76 day(s) ago
- Updated:January 02, 2026 at 09:42 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,273 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Central Air
- Heating:Central
Structure and exterior
- Roof:Composition
- Year built:1975
- Building area:1,273 sq. ft.
- Lot area:0.15 Acres
Schools
- High school:The Colony
- Middle school:Clayton Downing
- Elementary school:Morningside
Finances and disclosures
- Price:$329,900
- Price per sq. ft.:$259.15
- Tax amount:$4,327
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