$340,000

3 beds2.5 baths1,977 sqft

Roughly $1,886/mo at 20% down, 6.5% over 30 years, including tax. That is 9% below the $374,999 median across 113 homes for sale in Iowa Colony.

5307 Palo Verde Drive, Iowa Colony, TX

Jay, the GotNest home assistant

What Jay sees in the photos of 5307 Palo Verde Drive

Written by Jay from this home’s 38 listing photos

This two-story traditional home features a turnkey, mixed-material exterior with a shingle roof, paver driveway, maintained landscaping, and a neighborhood view. Inside, an open floor plan offers abundant natural light, standard ceiling heights, light wood flooring, tile, carpet, white walls, and a linear electric fireplace. The modern kitchen includes an island, dark wood custom cabinets, white quartz counters, stainless appliances, and a gas range. The primary bath features a double vanity and a walk-in shower, and the home also includes stacked laundry.

Style
Modern
Ceilings
Standard
Kitchen cabinets
Dark wood
Countertops
White
Living area floor
Light wood
Living area walls
White
Room for a pool
No
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Facts and features

Built in
2026
HOA
$—
Property tax
$2,000/yr
Price per sqft
$172/sqft

Risk factor

No known risk factors reported for this home.

Features

  • Attached
  • Garage
  • Subdivision
  • Pond on lot

Local information

Iowa Colony

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Schools

  • MERIDIANA ELEMENTARY SCHOOLElementary · Alvin
  • CAFFEY JUNIOR HIGH SCHOOLMiddle · Alvin
  • IOWA COLONY HIGH SCHOOLHigh · Alvin

Price history

May 1, 2026Listed for sale$340,000

Common questions about this home

How much does 5307 Palo Verde Drive cost?

5307 Palo Verde Drive, Iowa Colony, TX is listed at $340,000, or about $172 per square foot.

How big is 5307 Palo Verde Drive?

This home has 3 bedrooms and 2.5 bathrooms across 1,977 square feet, and was built in 2026.

What are the taxes and HOA fees for 5307 Palo Verde Drive?

Property tax is $2,000 per year.

What schools serve 5307 Palo Verde Drive?

5307 Palo Verde Drive, Iowa Colony, TX is served by MERIDIANA ELEMENTARY SCHOOL (Elementary), CAFFEY JUNIOR HIGH SCHOOL (Middle), IOWA COLONY HIGH SCHOOL (High). The home is zoned to the Alvin school district.

Has the price of 5307 Palo Verde Drive changed?

This listing has 1 recorded price event. It was first listed at $340,000 on May 1, 2026. The full history is shown above.

How much a month is 5307 Palo Verde Drive?

At 20% down on a 6.5% 30-year fixed rate, principal and interest on 5307 Palo Verde Drive, Iowa Colony, TX come to about $1,719 a month. Adding property tax of about $167 brings the estimate to about $1,886 a month. Insurance is not included.

Is 5307 Palo Verde Drive priced above or below the Iowa Colony median?

$340,000 is about 9% below the $374,999 median list price across the 113 homes for sale in Iowa Colony, TX. The comparable homes below run $340,000 to $399,990.

Is 5307 Palo Verde Drive still available?

Yes — 5307 Palo Verde Drive, Iowa Colony, TX is currently listed for sale on GotNest.

Listed by Katie Craig · Chesmar Homes · MLS #TREC#0836640 · Source: HAR

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