3047 Mitchell Way, The Colony, TX, 75056
About This Home
Welcome to 3047 Mitchell Way, an exceptional Ashton Woods home nestled in the award-winning, master-planned community of The Tribute in The Colony. Perfectly blending luxury, comfort, and thoughtful upgrades, this beautifully maintained 4-bedroom, 3.5-bath home offers 3,584 square feet of versatile living space designed for both everyday living and entertaining. Step inside to discover soaring 12-foot ceilings, rich hardwood flooring, and an open-concept layout highlighted by a chef's kitchen featuring a commercial-grade 6-burner gas range, double ovens, oversized island, and abundant cabinetry. The spacious primary suite provides a peaceful retreat with a spa-inspired bath and generous walk-in closet, while the upstairs game room and dedicated media room create the perfect space for movie nights, game days, or family fun. Outside, you'll love the private backyard featuring a covered outdoor living area, extended deck, and mature landscaping that creates a relaxing setting for gatherings year-round. Enjoy evenings in comfort thanks to the mosquito misting system, allowing you to make the most of your outdoor space. Major recent updates provide peace of mind and outstanding value, including a newer HVAC system downstairs, newer tankless water heater, and the professionally installed mosquito misting system—significant investments that today's buyers will appreciate. Living in The Tribute means enjoying a true resort lifestyle with access to award-winning golf courses, community pools, miles of scenic hiking and biking trails, parks, playgrounds, lakeside amenities, and highly sought-after STEM-focused schools, all just minutes from Grandscape, Legacy West, PGA Frisco, and the Dallas North Tollway. This is more than a home—it's an opportunity to experience one of North Texas' premier communities while enjoying modern updates, timeless design, and an unbeatable location.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2009
Materials
- Foundation: Slab
- Roof: Asphalt
- Construction materials: Brick
Type & Style
- Home type: SingleFamily
- Architectural style: Detached
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Double Oven,Dishwasher,Gas Cooktop,Disposal,Gas Oven,Microwave,Tankless Water Heater,Vented Exhaust Fan
- Laundry features: Washer Hookup,Dryer Hookup,ElectricDryer Hookup
Bedroom
- Level: Second
- Dimensions: 12 x 12
Bedroom
- Level: Second
- Dimensions: 10 x 13
Bedroom
- Level: Second
- Dimensions: 12 x 12
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Dining Room
- Level: First
- Dimensions: 12 x 13
Features
- Built-in Features,Chandelier,Decorative/Designer Lighting Fixtures,Double Vanity,Eat-in Kitchen,Granite Counters,High Speed Internet,Kitchen Island,Open Floorplan,Pantry,Cable TV,Walk-In Closet(s),Wired for Sound
- Window features: Bay Window(s),Window Coverings
- Flooring: Carpet,Hardwood,Tile,Wood
- Number of fireplaces: 1
- Fireplace features: Family Room,Glass Doors,Gas Log
- Fireplace: Yes
Game Room
- Level: Second
- Dimensions: 18 x 14
Heating & Cooling
- Heating features: Central,Fireplace(s),Natural Gas
- Cooling features: Central Air,Electric
Interior Area
- Total interior livable area: 3,584 sqft
Kitchen
- Features: Breakfast Bar,Built-in Features,Eat-in Kitchen,Granite Counters,Kitchen Island,Pantry
- Level: First
- Dimensions: 13 x 12
Living Room
- Features: Built-in Features
- Level: First
- Dimensions: 14 x 14
Master Bedroom
- Features: Walk-In Closet(s)
- Level: First
- Dimensions: 20 x 12
Media Room
- Level: Second
- Dimensions: 14 x 14
Office
- Features: Built-in Features
- Level: First
- Dimensions: 10 x 12
Property
Details
- Parcel number: R524624
- Attached to another structure: Yes
- Exclusions: None
Features
- Levels: Two
- Stories: 2
- Pool features: None,Community
- Patio & porch: Rear Porch,Patio,Covered,Mosquito System
- Exterior features: Rain Gutters
- Fencing: Fenced,Wood
Lot
- Lot size: 5,488 sqft
- Features: Interior Lot,Landscaped,Sprinkler System
Parking
- Total spaces: 2
- Parking features: Door-Single,Garage Faces Front,Garage,Garage Door Opener
- 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
- Winter Weather
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 | $3,918 | $47,016 |
| Home Insurance * | $489 | $5,868 |
| Property Taxes | $1,101 | $13,212 |
| Electricity | $393 | $4,722 |
| Total | $5,901 | $70,812 |
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 |
|---|---|---|
| 2026-08-17 | Price change | $769,000 |
| 2026-07-30 | Listed for sale | $775,000 |
| 2024-01-04 | Sold | -- |
| 2023-12-04 | Pending sale | $665,000 |
| 2023-11-27 | Contingent | $665,000 |
| 2023-10-16 | Price change | $665,000 |
| 2023-09-28 | Price change | $705,000 |
| 2023-09-02 | Price change | $725,000 |
| 2023-07-14 | Price change | $760,000 |
| 2023-07-08 | Listed for sale | $785,000 |
| 2019-08-16 | Sold | -- |
| 2019-07-23 | Pending sale | $434,500 |
| 2019-06-19 | Listed for sale | $434,500 |
| 2011-08-05 | Listing removed | $2,395 |
| 2011-07-25 | Listed for rent | $2,395 |
For Sale by Agent
View on Zillow