Rare country acreage in one of Colleyville's most desirable settings—convenient to shopping, dining, and major thoroughfares while still offering the privacy and space of true estate-style living.
This home offers “good bones” for either a traditional or mid-century remodel, or enjoy the existing open floor plan as you build your new estate home and retreat you’ve always wanted on this exceptional property.
The approx. 3,200 sq ft metal building is perfect for the car enthusiast to house your collectibles, workshop needs, or additional storage. The building includes an approx. 500 sq ft flex room with full bath, offering a perfect hobby area, spacious office, private guest quarters, or studio space.
Additional highlights include:
* Strong private water well for irrigation with a 3,000-gallon storage tank!
* Large estate lot with metal building
* Grassed pasture ideal for animals or recreation
* No HOA
* Ample room for additional parking, boats, RVs, etc.
A rare opportunity to own versatile acreage in a prime Colleyville location with endless possibilities to remodel, expand, or build your dream estate.
Property feeds into the prestigious Keller ISD with GCISD lottery option availability. Buyer and Buyer’s agent should verify schools and eligibility with the school districts.
Lot/land
$2,185,000
505 W McDonwell School Rd, Colleyville, TX 76034
--beds
--baths
2.9Acres
Improved Land
Built in 1981
2.9 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Rare country acreageLarge estate lot
- 40 days |
- 270 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Dallas Albert 0834452 623-570-2789,
Elite Real Estate Texas 623-570-2789
Source: NTREIS,MLS#: 21286497
Facts & features
Interior
Heating
- Central, Electric, Fireplace(s)
Cooling
- Central Air, Ceiling Fan(s), Electric
Features
- Has fireplace: Yes
Video & virtual tour
Property
Features
- Patio & porch: Covered
- Exterior features: Rain Gutters
- Fencing: Fenced,Gate
Lot
- Size: 2.9 Acres
- Features: Acreage, Sprinkler System
- Residential vegetation: Grassed
Details
- Additional structures: RV/Boat Storage, Workshop
- Parcel number: 04773047
- Zoning description: Residential
Utilities & green energy
- Sewer: Public Sewer
- Water: Public, Well
- Utilities for property: Cable Available, Electricity Connected, Sewer Available, Water Available
Community & HOA
Community
- Subdivision: Tallman Add
HOA
- Has HOA: No
Location
- Region: Colleyville
Financial & listing details
- Tax assessed value: $849,139
- Annual tax amount: $15,799
- Date on market: 6/1/2026
- Cumulative days on market: 41 days
- Listing terms: Cash,Conventional
- Exclusions: Ice maker in kitchen 3 storage containers Wall mounted high pressure hose in garage Wall mounted vacuum in garage
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$5,308/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/17/2026 | Listed for sale | $2,185,000 |
Source: NTREIS #21230384 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,150 -17% | $849,139 -16% |
| 2024 | $15,847 +0.4% | $1,011,000 +1.8% |
| 2023 | $15,781 -5.1% | $993,320 +10.6% |
| 2022 | $16,633 +6% | $898,362 +10.4% |
| 2021 | $15,687 -1.6% | $813,790 +1.3% |
| 2020 | $15,934 -1.7% | $803,428 -1% |
| 2019 | $16,209 -2.1% | $811,698 +3.2% |
| 2018 | $16,559 -12.2% | $786,828 +2.7% |
| 2017 | $18,866 +11.1% | $766,201 +12.2% |
| 2016 | $16,978 +50.1% | $683,000 +53.2% |
| 2015 | $11,314 | $445,900 |
| 2014 | $11,314 | $445,900 |
| 2013 | -- | $445,900 +0.2% |
| 2012 | -- | $445,200 |
| 2011 | -- | $445,200 -0.1% |
| 2010 | -- | $445,800 -2.3% |
| 2009 | -- | $456,100 |
| 2008 | -- | $456,100 +34.1% |
| 2007 | -- | $340,100 |
| 2006 | -- | $340,100 +5.4% |
| 2005 | -- | $322,700 +31.1% |
| 2004 | -- | $246,100 |
| 2003 | -- | $246,100 |
| 2002 | -- | $246,100 +9% |
| 2001 | -- | $225,800 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Northwest
Nearby schools
GreatSchools rating
- 9/10Liberty Elementary SchoolGrades: PK-4Distance: 0.5 mi
- 8/10Keller Middle SchoolGrades: 7-8Distance: 4.6 mi
- 8/10Keller High SchoolGrades: 9-12Distance: 4.2 mi
Schools provided by the listing agent
- Elementary: Liberty
- Middle: Keller,Bear Creek
- High: Keller
- District: Keller ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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Contact agent
- Texas
- Tarrant County
- Colleyville
- 76034
- Northwest
- 505 W McDonwell School Rd