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Acreage with Metal Flex Building
For Sale
$1,867,000

505 W Mcdonwell School Road, Colleyville, TX 76034

Land, Colleyville, TX

Property Size3,200 SF
Lot Size2.90 Acres
Price / SF$583.44
Days on Market58

Property Features for 505 W Mcdonwell School Road

General Information

Property type Land
Property subtype Other
Zoning description Residential
Vegetation Grassed
Exterior features RainGutters
Fencing Fenced, Gate
Fireplace 1
Subdivision Tallman Add
Lot features Acreage, Sprinkler System
Elementary school Liberty
Middle school Keller,Bear Creek
High school Keller
Elementary school district Keller ISD
Middle school district Keller ISD
High school district Keller ISD
Directions Precinct to West Mcdonwell School Road
Standard status Active
APN 04773047
Lot size 2.90 Acres

Taxes and HOA fees

Tax Description TALLMAN ADDITION BLOCK 1 LOT 3
Tax Annual Amount 15799
Legal Description TALLMAN ADDITION BLOCK 1 LOT 3

Utilities

Sewer type Public Sewer
Heating system Central, Electric (Heating), Fireplace(s)
Cooling system Ceiling Fan(s), Electric, Central Air
Water source Well, Public

Building Details

Year built 1981
Additional Structures Storage
Listing Agency: Elite Real Estate Texas
Listed By: Dallas Albert · License #0834452
Added: Jul 11 Changed: Sep 5 Last Checked: Sep 6 at 12:06AM
MLS# 21286497

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This nearly 3-acre estate-style property includes an approximately 3,200-square-foot metal building designed to support a range of uses, with an approximately 500-square-foot flex room that includes a full bath. The property also features a private water well for irrigation, supported by a 3,000-gallon storage tank, along with grassed pasture space suitable for animals or recreation.

The parcel is located in Colleyville and is described as convenient to shopping, dining, and major thoroughfares while maintaining privacy and space. The listing notes no HOA and highlights room for additional parking, including space for boats, RVs, and similar vehicles.

According to the remarks, the home feeds into Keller ISD with GCISD lottery option availability; buyers and their agents are advised to verify school eligibility with the applicable districts. The property is for sale at 505 W Mcdonwell School Road, Colleyville, TX 76034.

Key Highlights

  • 1981 home with central electric heating and central air, plus ceiling fans and a fireplace (FireplaceYN: true).
  • Large estate lot with public water and a strong private well for irrigation, including a 3,000‑gallon storage tank.
  • 3,200 sq ft metal building includes a 500 sq ft flex room with a full bath.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Building Supply Real Estate Agency Auto Repair Shop Auto Parts Store Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

206
Businesses Nearby

Demographics for 76034, TX

25,988
Population
9,600
Households
2.7
Avg Household Size
48
Median Age
70%
College-Educated
99%
High-School Grad
13.1 sq mi
ZIP Area
1,984
Density / Sq Mi
$203,157
Median Household Income
$92,142
Median Earnings
$3,194
Median Rent
$717,600
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Nearly 3-acre estate-style lot with a large metal building and a 500-square-foot flex room with full bath.
Where is this residential land & home lot located?
The property is located at 505 W Mcdonwell School Road Colleyville, TX.
What is the asking price?
The asking price for this property is $1,867,000.
What are key features of this property?
This property features: 1981 home with central electric heating and central air, plus ceiling fans and a fireplace (FireplaceYN: true).; Large estate lot with public water and a strong private well for irrigation, including a 3,000‑gallon storage tank.; 3,200 sq ft metal building includes a 500 sq ft flex room with a full bath.
More about this property
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