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5529 Gates Drive The Colony, Texas 75056

For Sale

$299,000

Smart Buyer Rebate $2,990

Welcome to this remarkable property! Featuring three spacious bedrooms and two modern bathrooms, this home is designed for comfortable living. Remodeled in 2020, including kitchen and bathroom remodel, flooring, foundation repair, and a new AC system to keep you cool during the warmer months. The roof was replaced in 2017, radiant barrier added to aid in energy efficiency. Additionally, new gutters were installed in 2021, along with a recently reconditioned fence. A new hot water heater installed in 2025, offering the latest in home conveniences. Don’t miss the chance to own a beautifully updated home that blends modern amenities with timeless charm! Additional perk of the property, the backyard fence has a large gate that opens up to the alley behind the house!

Mature live oaks, St. Augustine lawn, steps away from the Baker Slay Park and Legend's trails. Community highlights include Lake Lewisville access at Stewart Peninsula and Grandscape entertainment district.

Listed by Gabreylle Cornelius

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eXp Realty, LLC

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888-519-7431

Last updated April 30, 2026

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Source: NTREIS #21000427

Listing Facts

  • TypeSingle-family
  • NeighborhoodThe Colony
  • Bedrooms3
  • Bathrooms2
  • Days on Prevu288
  • Size1,379 sqft
  • Price per sqft$217

Amenities

  • Dishwasher
  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

04/30/2026
Price Decreased
$299,000
04/09/2026
Status changed to Active
$305,000
04/03/2026
Status changed to In Contract
$305,000
03/27/2026
Price Decreased
$305,000
01/30/2026
Price Decreased
$315,000
01/15/2026
Status changed to Active
$320,000
01/15/2026
Status changed to Expired
$320,000
10/14/2025
Price Decreased
$320,000
09/15/2025
Price Decreased
$325,000
07/17/2025
Listed by eXp Realty, LLC
$330,000

Property Details for 5529 Gates Drive

Exterior

Construction

  • Year Built: 1975
  • Construction Materials: Brick

Features

  • Fencing: Back Yard, Fenced, Privacy

Measurements

  • Lot Size Acres: 0.15
  • Lot Size Area: 6,708
  • Lot Size Square Feet: 6,708
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: R07700

Interior

Features

  • Appliances: Dishwasher
  • Fireplace Features: Family Room
  • Fireplaces Total: 1
  • Interior Features: Open Floorplan

Measurements

  • Living Area: 1,379

Rooms

  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 3

Other

General

  • Exclusions: Refrigerator negotiable

Location

  • Subdivision Name: Colony No 11

Parking

Parking

  • Attached Garage: Yes
  • Covered Spaces: 2
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Features: Driveway, Garage

Schools

Elementary School

  • Elementary School: Peters Colony

Utilities

Equipment

  • Laundry Features: Utility Room, Full Size W/D Area
  • Utilities: City Sewer, City Water, Electricity Connected

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 3 bedrooms and 2 bathrooms in this single-family home at 5529 Gates Drive .

What schools are nearby to 5529 Gates Drive ?

Nearby schools include the Peters Colony Elementary School.

Does this single-family home have parking?

Yes, there are 2 parking spaces available for 5529 Gates Drive .

How does 5529 Gates Drive compare to other single-family homes in The Colony?

This single-family home is listed 57% below the average price for single-family homes in The Colony and has been on the market for 191 more days than the typical home in this area.

What is the square footage on this single-family home?

According to the MLS, this listing is 1,379 sqft.

5529 Gates Drive is a 3-bedroom, 2-bath single-family home for sale in The Colony Texas 75056. Listed on Prevu for 288 days at $299,000. This includes a recent price decrease of $6,000. This home features 1,379 square feet of living space, located in The Colony. The median listing price for single-family homes in this area is $586,421. Nearby schools include Peters Colony Elementary School. Property amenities include dishwasher, pets allowed, and parking. Explore more single-family home listings in Texas.

Based on information from NTREIS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.