About 5241 Reed Drive
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.< THANKS TO ALL FOR PARTICIPATING. CASH BUYERS ONLY AND NO CONTINGENCIES. INVESTORS OR AGENT REPRESENTING MUST DO THE BIDDING ON-LINE. TEXT LISTING AGENT for help. << AN OFFER FROM ON-LINE AUCTION HAS BEEN ACCEPTED 12-16-25. THANKS TO ALL WHO PARTICIPATED.>>
Features of 5241 Reed Drive
| MLS® # | 21076879 |
|---|---|
| Price | $224,900 |
| Bedrooms | 3 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 1,881 |
| Acres | 0.16 |
| Year Built | 1983 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Traditional |
| Status | Closed |
Community Information
| Address | 5241 Reed Drive |
|---|---|
| Subdivision | COLONY NO 19 |
| City | The Colony |
| County | Denton |
| State | Texas |
| Zip Code | 75056-1242 |
Amenities
| Utilities | City Sewer, City Water, Community Mailbox, Curbs |
|---|---|
| # of Garages | 2 |
| Garages | Alley Access, Garage Faces Rear |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Pantry, Walk-In Closet(s) |
|---|---|
| Heating | Electric |
| Fireplace | Yes |
| # of Fireplaces | 1 |
| Fireplaces | Brick |
Exterior
| Roof | Asphalt |
|---|---|
| Construction | Brick, Siding |
| Foundation | Slab |
School Information
| District | Lewisville ISD |
|---|---|
| Elementary | Owen |
| Middle | Griffin |
| High | The Colony |
Additional Information
| Date Listed | October 2nd, 2025 |
|---|---|
| Date Sold | January 9th, 2026 |
| Days on Market | 348 |
Listing Details
| Agent | Inga E Gonzalez |
|---|---|
| Office | Keller Williams Realty-FM |
| Contact Info | 214-850-4478 |
