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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
    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.
    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

        Not available

        Estimated sales range

        Not available

        $5,308/mo

        Price history

        DateEventPrice
        4/17/2026Listed for sale$2,185,000
        Source: NTREIS #21230384 Report a problem

        Public tax history

        YearProperty taxesTax 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
        All 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

        Getting around

        11 / 100
        Car-Dependent
        27 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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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