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Image 1 - 8517 Melrose, The Colony, Texas, 75056 - House for sale
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Melrose, The Colony, Home For Sale
8517 Melrose, The Colony, Texas, 75056

Melrose, The Colony, Home For Sale

house for sale
Listed: Today

8517 Melrose, The Colony, Texas, 75056

4 Bed:
3.5 Bath:
3,047 Sq Ft Living Area:
Save
Price
$ 775,000
Price:  Increased

About This House

Experience modern living at its finest in this stunning 4-bedroom, 3.5-bathroom home with a 20-foot ceiling, located in the desirable Westbury at Tribute community. Just steps from the lake, this3, 047-square-foot residence blends style and functionality. The gourmet kitchen features an island, quartz countertops, and two-tone cabinets. Adjacent is a dedicated office or study. The luxurious primary suite includes dual sinks, built-in cabinets and linen closet. The spa-like en suite bathroom offers a separate shower and soaking tub for ultimate relaxation. Upstairs, you'll find a spacious loft. Conveniently situated nearFM 423, 121,and the Dallas North Tollway, this home offers easy access to shopping, dining, and entertainment. Located in the tranquil lakeside community of The Tribute on a secluded Lake Lewisville peninsula, you'll enjoy nature trails, landscaped canals, and two resort-style pools. Experience tranquility in this vibrant communityschedule your showing today!

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The Colony Housing & Living

Average sale prices for houses

3 bed
4+ bed
Show as List Show as Graph
In July 2024, the asking price for 4 bed houses for sale in/near The Colony, United States averaged $694,124, an increase of 2.8% from the previous month.
Median price trends for properties for sale in The Colony, United States as of July 2024.

Household Income

Median household income: $76,613
Number of households: 15,570
The average household income in The Colony, TX grew from $73,830 to $76,613 in the past year. This data is an estimate based upon 15,570 households in The Colony, TX.
The chart below presents how household income is distributed in The Colony, TX in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in The Colony, TX compared to median property taxes around the country. The prevalent amount of property taxes in The Colony, TX equals $3k+ , which is more than the national average.