5309 Rutledge Ct, The Colony, TX, 75056
About This Home
Currently tenant-occupied, this beautifully maintained home offers a fantastic opportunity for a new landlord looking for immediate rental income or it would be equally appealing as a personal residence. The current tenant is paying $2,000 per month and the lease ends on June 30th, would love to stay long-term, and the lease runs through June 30—providing both stability and flexibility. Inside, the home features a spacious living room with durable wood-look flooring and a cozy wood-burning fireplace, creating a warm and inviting atmosphere. The kitchen has been thoughtfully updated with granite countertops, quality cabinetry, a designer oversized sink, new dishwasher, and a sleek retractable vent, perfect for everyday living and entertaining. Both bathrooms have been stylishly remodeled with custom tile and upgraded finishes, including a beautifully updated guest bath with marble sink and a primary bath showcasing a quartz countertop, upgraded shower, and furniture-style vanity. Two secondary bedrooms are both nicely sized. Situated on a quiet cul-de-sac in a desirable neighborhood, this home also offers convenient access to Highway 121, making commuting a breeze, and is located close to local schools. A solid investment with a reliable tenant already in place.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1979
Materials
- Foundation: Slab
- Roof: Composition,Shingle
- Construction materials: Brick,Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional,Detached
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Electric Cooktop,Electric Oven,Electric Range,Disposal
- Laundry features: Washer Hookup,Dryer Hookup,ElectricDryer Hookup,Laundry in Utility Room
Bedroom
- Features: Ceiling Fan(s)
- Level: First
- Dimensions: 12 x 11
Bedroom
- Features: Ceiling Fan(s)
- Level: First
- Dimensions: 12 x 11
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Dining Room
- Level: First
- Dimensions: 10 x 10
Features
- Chandelier,Decorative/Designer Lighting Fixtures,Eat-in Kitchen,Granite Counters,High Speed Internet,Open Floorplan,Pantry,Cable TV,Walk-In Closet(s)
- Flooring: Carpet,Ceramic Tile,Tile
- Number of fireplaces: 1
- Fireplace features: Decorative,Living Room,Masonry,Wood Burning
- Fireplace: Yes
Heating & Cooling
- Heating features: Central,Electric
- Cooling features: Central Air,Ceiling Fan(s),Electric
Interior Area
- Total interior livable area: 1,562 sqft
Kitchen
- Features: Breakfast Bar,Built-in Features,Eat-in Kitchen,Granite Counters,Stone Counters
- Level: First
- Dimensions: 14 x 12
Living Room
- Features: Ceiling Fan(s),Fireplace
- Level: First
- Dimensions: 19 x 15
Master Bedroom
- Features: Ceiling Fan(s),En Suite Bathroom,Separate Shower
- Level: First
- Dimensions: 15 x 15
Property
Details
- Parcel number: R01419
Features
- Levels: One
- Stories: 1
- Pool features: None
- Exterior features: Lighting,Private Yard
- Fencing: Back Yard
- Residential vegetation: Grassed
Lot
- Lot size: 6,621 sqft
- Features: Interior Lot,Landscaped,Subdivision,Few Trees
Parking
- Total spaces: 2
- Parking features: Concrete,Covered,Direct Access,Door-Single,Driveway,Garage Faces Front,Garage,Garage Door Opener,Inside Entrance,Kitchen Level,Storage
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Tornado
- Hail
- Cold Wave
- Heat Wave
- Inland Flooding
- Ice Storm
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,714 | $20,568 |
| Home Insurance * | $213 | $2,556 |
| Property Taxes | $536 | $6,432 |
| Electricity | $238 | $2,859 |
| Total | $2,701 | $32,412 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-08 | Listed for sale | $339,000 |
| 2017-12-29 | Listing removed | $1,595 |
| 2017-12-06 | Price change | $1,595 |
| 2017-11-24 | Price change | $1,645 |
| 2017-11-15 | Listed for rent | $1,745 |
| 2017-11-01 | Sold | -- |
| 2017-10-29 | Pending sale | $190,000 |
| 2017-09-22 | Listed for sale | $190,000 |
| 2012-11-28 | Sold | -- |
| 2012-09-15 | Price change | $117,500 |
| 2012-08-18 | Listed for sale | $119,900 |
| 2012-04-11 | Sold | -- |
| 2012-02-19 | Listed for sale | $73,900 |
For Sale by Agent
View on Zillow