
$340,000
3 beds | 3 baths | 1,977 sqft
5307 Palo Verde Drive, Iowa Colony, TX

$360,000
Roughly $1,987/mo at 20% down, 6.5% over 30 years, including tax. That is 4% below the $374,999 median across 113 homes for sale in Iowa Colony.
Written by Jay from this home’s 39 listing photos
This two-story traditional house features a mixed exterior with a shingle roof, a maintained yard, a view of the neighborhood, and a large backyard that fits a pool. Inside, the turnkey modern interior offers an open floor plan with abundant natural light, standard ceilings, white walls, and a mix of light wood tile flooring, hardwood, carpet, and tile. The main living space includes a sleek, built-in linear electric fireplace and a staircase workstation nook with a built-in desk space. The modern kitchen is equipped with white custom cabinets, white quartz countertops, stainless appliances, a gas range, under-cabinet horizontal accent windows, and a waterfall quartz island.
No known risk factors reported for this home.
Iowa Colony
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Explore the map| May 1, 2026Listed for sale | $360,000 |
5311 Palo Verde Drive, Iowa Colony, TX is listed at $360,000, or about $176 per square foot.
This home has 4 bedrooms and 2.5 bathrooms across 2,046 square feet, and was built in 2026.
Property tax is $2,000 per year.
5311 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.
This listing has 1 recorded price event. It was first listed at $360,000 on May 1, 2026. The full history is shown above.
At 20% down on a 6.5% 30-year fixed rate, principal and interest on 5311 Palo Verde Drive, Iowa Colony, TX come to about $1,820 a month. Adding property tax of about $167 brings the estimate to about $1,987 a month. Insurance is not included.
$360,000 is about 4% 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.
Yes — 5311 Palo Verde Drive, Iowa Colony, TX is currently listed for sale on GotNest.
Listed by Katie Craig · Chesmar Homes · MLS #TREC#0836640 · Source: HAR