5532 Gates Drive
The Colony, TX 75056
- 3 beds
- 2 baths
- 1,273 sqft
- 8,123 sqft lot
- $241 per sqft
- 1975 build
- – on site
Step into a beautifully updated 3-bedroom, 2-bathroom gem that effortlessly blends modern upgrades with charming surprises. From the moment you enter, you'll be captivated by the open floor plan that seamlessly connects the living room, dining area, and kitchen—an airy, light-filled space perfect for both everyday living and entertaining. The heart of the home is the stunning kitchen, featuring a large granite island with built-in storage, offering both style and function. Whether you’re hosting friends or preparing a quiet dinner, this space is designed to inspire. Retreat to the primary bathroom, where a recently renovated walk-in shower showcases bright, beautiful tile that adds a touch of luxury to your daily routine. The two additional bedrooms offer comfort and flexibility—perfect for family, guests, or a home office. Down the hallway, discover a playful and practical secret passage door leading to a spacious linen closet—an unexpected touch that makes this home truly one-of-a-kind. Step outside to your private oasis: a generous backyard framed by a gorgeous board-on-board privacy fence, perfect for relaxing, grilling, or entertaining under the Texas sky. Lovingly maintained and move-in ready, this home is just a short stroll to Slay-Baker Park and the scenic hike and bike trail. And when adventure calls, the vibrant shops, dining, and entertainment of Grandscape are less than 10 minutes away. This home isn't just a place to live—it's a place to love. Come see it for yourself and fall in love.
Last checked:
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Checking…
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Last updated Mar 29, 2025
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MLS# 20879857 —
The Building
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Year Built:1975
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Year Built Details:Preowned
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Structural Style:Single Detached
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Window Features:Window Coverings
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Patio And Porch Features:Deck
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Security Features:Smoke Detector(s)
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Accessibility Features:No
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Roof:Composition
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Basement:No
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Foundation Details:Slab
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Levels:One
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Construction Materials:Brick
Interior
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Interior Features:Cable TV Available, Decorative Lighting, Granite Counters, High Speed Internet Available, Kitchen Island, Open Floorplan, Walk-In Closet(s)
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Flooring:Carpet, Ceramic Tile, Laminate
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Laundry Features:Full Size W/D Area
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# of Dining Areas:1
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# of Living Areas:1
Room Dimensions
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Living Area:1273.00
Location
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Directions:Please use GPS
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Latitude:33.09283200
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Longitude:-96.87137300
The Property
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Property Type:Residential
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Property Subtype:Single Family Residence
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Property Attached:No
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Parcel Number:R07661
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Lot Size:Less Than .5 Acre (not Zero)
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Lot Size Dimensions:65x125
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Lot Size SqFt:8123.9400
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Lot Size Acres:0.1865
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Lot Size Area:0.1865
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Lot Size Units:Acres
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Lot Size Source:Public Records
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Exclusions:Garage refrigerator
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Fencing:Back Yard, Privacy, Wood
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Exterior Features:Rain Gutters, Private Yard, Storage
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Waterfront:No
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Will Subdivide:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Lot:4
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Tax Block:70
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Tax Legal Description:COLONY NO 11 BLK 70 LOT 4
Beds
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Bedrooms Total:3
Baths
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Total Baths:2.00
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Total Baths:2
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Full Baths:2
The Listing
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/ntreis/20879857
Heating & Cooling
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Heating:Central, Electric
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Cooling:Ceiling Fan(s), Central Air, Electric
Utilities
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Utilities:City Sewer, City Water, Concrete, Curbs, Electricity Connected, Sidewalk
Appliances
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Appliances:Dishwasher, Disposal, Dryer, Electric Range, Refrigerator, Washer
Schools
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School District:Lewisville ISD
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Elementary School:Peters Colony
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Elementary School Name:Peters Colony
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Middle School Name:Griffin
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High School Name:The Colony
The Community
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Subdivision Name:Colony 11
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Senior Community:No
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Pool:No
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Association Type:None
Parking
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Garage:Yes
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Attached Garage:Yes
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Garage Spaces:1
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Covered Spaces:1
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Parking Features:Garage Faces Front, Garage Single Door
Monthly cost estimate

Asking price
$308,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,649
|
Taxes | N/A |
Insurance | $84 |
Utilities | $151 See report |
Total | $1,884/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.