Prepared for Douglas Parnell
Douglas, Let's See What Your Renovated The Colony Home Is Really Worth
You've got a fully renovated, tenant-occupied property on Ashglen Lane — and a vision for building your next investment in McKinney. Let's look at what your property is worth today, what you could net, and whether selling makes sense for your next move.
Your Situation
A renovated income property — and a plan for what's next
Your home on Ashglen Lane has been taken down to the studs and renovated top to bottom — it's in excellent, move-in-ready condition. It's currently tenant-occupied on a month-to-month lease at $2,100/month, with a history of consistent, long-term renters who tend to stay around three years.
That's a strong position to be in. You're not forced to sell — you're weighing whether selling this property could help fund your next investment, potentially a duplex in McKinney, where you already live. That means the decision really comes down to one question: do the numbers make sense?
Because the property is tenant-occupied, there's no rush to disrupt your renters. We can research the property and investor interest first, and only arrange a showing if an acceptable offer is on the table. You stay in control of the timeline.
Renovated
Gutted to the studs, fully updated top to bottom
$2,100/mo
Month-to-month tenants with a strong rental history
Next move
Funding a potential duplex build in McKinney
Property Value
What Could Your Property Be Worth?
Public estimates like Zillow's are a starting point, not a strategy. To understand what your renovated home could actually command, we look at the full picture:
- Recent comparable sales near Grandscape & Lake Lewisville
- Current active listings competing for the same buyers
- Location, lot, and proximity to schools
- Your top-to-bottom renovation and condition
- Size, layout, and 3 bed / 2 bath configuration
- Current buyer demand and local market conditions
Public Estimate (Zillow)
~$307,600
An automated estimate — not a valuation of your specific renovation or situation.
Your Target Net
$375,000
The number you've said you'd want to walk away with.
Get My Personalized Property AnalysisEstimate for discussion only — never a guaranteed sale price.
Local Market Comps
Recent Nearby Comparable Sales in 75056
To hit your $375,000 net target for 4804 Ashglen Lane, we compare recent sales in The Colony and highlight how your full top-to-bottom renovation justifies a premium valuation over average condition homes.
5350 N Covey Blvd
The Colony, The Colony, TX 75056
Estimated Sale Price Range
$325,000 - $370,000
Listed at: $329,900
3 Bd / 2 Ba
Layout
1,816 sqft
Size
~$192/sqft
$/sqft
3 bed, 2 bath standard layout; nearby comparable sale in The Colony.
5708 Bedford Ln
The Colony, The Colony, TX 75056
Estimated Sale Price Range
$285,000 - $325,000
Listed at: $304,900
3 Bd / 2 Ba
Layout
1,236 sqft
Size
~$250/sqft
$/sqft
Smaller 1,236 sq. ft. home; illustrates price-per-square-foot upside.
4112 Durbin Dr
The Colony, The Colony, TX 75056
Estimated Sale Price Range
$285,000 - $325,000
Listed at: $325,000
3 Bd / 2 Ba
Layout
1,532 sqft
Size
~$205/sqft
$/sqft
1,532 sq. ft. similar size match located in 75056 nearby.
The Renovation & Investment Advantage for 4804 Ashglen Lane
Most standard comps in 75056 sell in original or partial condition requiring $30K-$50K in updates. Because 4804 Ashglen Lane is completely gutted to the studs and fully renovated top-to-bottom with turn-key tenant income ($2,100/mo), Christopher Cole can position it at the top of the price-per-square-foot range to achieve your $375,000 net goal.
Request Full Detailed CMA & Sales ReportSeller Net Proceeds
The Sale Price Is Only Part of the Equation
What matters is what you actually walk away with. Here's an illustrative breakdown based on your $375K target — your fully renovated condition is a real advantage, since prep costs stay low.
Estimated Sale Price (illustrative)
Based on your target — to be validated by market analysis
$375,000
Real Estate Commission (est. 6%)
Typical listing commission, negotiable
–$22,500
Closing Costs & Title (est. 1.5%)
Title policy, escrow, county fees
–$5,625
Repairs / Prep (your home is renovated)
Major advantage — minimal prep needed
–$0
Potential Net Proceeds
~$346,875
Illustrative estimate only. Actual proceeds depend on the final sale price, negotiated terms, and closing costs specific to your transaction.
See What I Could NetYour Selling Strategy
A Strategy Built Around Your Next Investment
This isn't a one-size-fits-all listing plan. It's shaped around a renovated, tenant-occupied property and your goal of funding a duplex in McKinney.
Pricing Strategy
We'll anchor pricing on comparable sales near Grandscape and Lake Lewisville — and weigh your full renovation against active competition to find the right number for your $375K net goal.
Property Preparation
Your home is already renovated top to bottom, so prep is minimal. We'll identify only the small touches that maximize perceived value before going to market.
Marketing Strategy
Because the property is tenant-occupied, we can market thoughtfully — presenting it effectively to buyers and investors without unnecessarily disturbing your renters.
Negotiation Strategy
Whether the offer comes from an investor who values the in-place $2,100/mo rent or an owner-occupant, we'll evaluate every offer and term against your net target.
Timeline
You're month-to-month and not forced to sell. We'll build a timeline that fits funding your McKinney duplex — research first, showings only if an acceptable offer emerges.
Your Next Investment
Building a New Triplex in McKinney
You mentioned selling 4804 Ashglen Lane to help fund your next project — a new investment build close to home in McKinney. A triplex could mean three income streams on one lot, and because you already live in McKinney, it keeps your next investment easy to manage and close to watch.
Three Units, Three Incomes
A triplex adds a third revenue stream on a single McKinney lot — more monthly income than a duplex and a stronger long-term return on your build.
Funded by 4804 Ashglen Lane
Selling your renovated, tenant-occupied property at the right net can provide the capital to break ground — without carrying two projects at once.
Close to Home
Building in McKinney keeps the project local and manageable — and a triplex gives you flexibility to live in one unit and rent the other two if you ever want to.
How It Works
A Simple 5-Step Process
Property Review
We start by understanding your property, your tenants, and what you want your next move to look like.
Market Analysis
I review comparable sales and current market conditions around The Colony to ground our pricing in reality.
Selling Strategy
We discuss pricing, preparation, timing, and a marketing approach that respects your tenant-occupied situation.
Market the Property
When — and only when — you're ready, we launch the strategy that fits your goals.
Negotiate & Close
I help you navigate offers, negotiations, inspections, and closing so you reach your target net.
Christopher Cole
Team Clary Realty
(817) 680-2403"I'd rather research your property and have a real conversation about the numbers than pressure you into anything. If selling makes sense for your next investment, we'll figure it out together."
Why Work With Me
An Agent Who Understands Investor Properties
Local Market Knowledge
Familiar with The Colony, Grandscape, and the Lake Lewisville corridor — and how investor buyers evaluate properties like yours.
Investor-Minded Approach
I'm already connected to investors who may move quickly on a renovated, tenant-occupied property in this location.
Personalized Service
This page itself is part of how I work — built specifically around your property, your tenants, and your next investment.
Pricing & Net Analysis
I focus on what you actually walk away with, not just a list price — mapping every offer back to your $375K net goal.
Thoughtful Communication
You prefer text or email over calls — I'll respect that and keep follow-up organized and low-pressure.
Transaction Guidance
From first conversation to closing, I help you navigate every offer, term, and step so nothing falls through the cracks.
A Modern Seller Experience
AI-Supported Tools, Personalized to You
I use modern technology and AI-supported tools to give you a more personal, informed experience — not to make promises, but to make sure you understand your options clearly.
Personalized Property Analysis
AI-supported comparable research tailored to your renovated home and location.
Seller-Specific Landing Pages
Like this one — built around your property, tenants, and goals rather than a generic template.
Market Research
Faster access to relevant local data so our conversations start informed.
Customized Seller Resources
Net-proceeds estimates and strategy summaries prepared for your situation.
Organized Follow-Up
Structured, low-pressure follow-up that respects your preferred way to communicate.
Faster Access to Information
So when you have a question about value or timing, you get a clear answer quickly.
AI tools support research and organization; they do not guarantee a higher sale price or a specific result.
Seller FAQ
Questions, Answered Honestly
Get Your Seller Analysis
Let's See What Your Property Could Net You
Share a few details and I'll prepare a personalized property and net-proceeds analysis for 4804 Ashglen Lane. No obligation.
You Don't Have to Decide Today.
You can start by understanding your property's value, your potential options, and what selling could look like for you — with zero pressure to list.