Comptroveby RentSpire

Cortland One Twenty One

4777 Memorial Drive, The Colony, TX

unknown not observed units (unit count basis: listing-reported) FEMA/NRI hazard read: Relatively Low

Asking & effective rent by bedroom

Average asking rent across observed units: $1,542. Average effective rent: $1,542.

TypeAsking rentEffective rentAvg sqftObservations
1 bedroom$1,340$1,34071617
2 bedroom$1,726$1,7261,0647
3 bedroom$2,257$2,2571,2813

HUD Fair Market Rent gap

HUD area: Dallas, TX HUD Metro FMR Area.

FMR comparison not observed for this property.

Amenities

No amenities observed for this property.

Operator

not observed

Nearby comparable properties

Comparable apartments with rent data within 3 miles, ranked by the same similarity model used in the product.

PropertyLocationDistanceAvg askingSimilarity
Avalon At Pier 121 Lewisville, TX 1.72 mi $1,393 67%
Cortland Arbor Hills Plano, TX 2.47 mi $1,921 54%
Cortland Legacy Frisco, TX 2.87 mi $1,514 53%
55 Plus Communities in Carrollton, TX 2.67 mi $2,282 32%

Sources & provenance

Sourced from https://cortland.com/apartments/cortland-one-twenty-one/amenities/ — 2 observation(s), last observed Jul 31, 2026.

Sourced from https://cortland.com/apartments/cortland-one-twenty-one/ — 25 observation(s), last observed Jul 30, 2026.

Data age: 17 days. Last observed: Jul 31, 2026.

Market intelligence and decision support only. Not an appraisal, and not a recommendation to set any particular rent. Income-restricted product is never presented as a market-rate comparable — program type above reflects the governed affordability classification, not free-text asset labels.

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