Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    6805 Herbert Road Colleyville, TX 76034

    View on Map
    Claim this Listing
    New
    For Sale
    $730,000

    Improved Land - Colleyville, TX

    Lot size:
    0.91 Acres
    Added:
    Apr 23, 2026
    Days on Market:
    2
    Last Refresh:
    Apr 24 at 7:06 am

    Property Features for 6805 Herbert Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Exterior features
    Fence
    Fencing
    Fenced
    Standard status
    Active
    APN
    00921777
    Lot size
    0.91 Acres

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Electric

    Building Details

    Year built
    1971
    Architectural style
    Other

    We can help!

    Listing Contact
    Denyse Zamora

    Listing agent Denyse Zamora License #0566293

    Listing office Keller Williams Realty 2106 E State Hwy 114, Ste 101, Southlake, TX

    Listing date Apr 23, 2026

    MLS# 21239986 Listing URL

    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.

    Overview

    Colleyville Treed Lot Opportunity

    This property offers an opportunity to secure a slice of tranquil, unrestricted living on a stunning, treed lot. It provides a country-living atmosphere with privacy, while remaining minutes from shopping, dining, and major transport arteries. There is no HOA, and ample space is available for RV, boat, or recreational parking. This expansive, private, and fully treed lot is the ideal backdrop for a new estate, offering space and privacy. A small home on the property would be considered a tear-down, as the value is in the land. The lot size is 0.909 acres and is located in Colleyville, Texas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Building Supply Nail Salon Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Colleyville
    County
    Tarrant
    State
    Texas
    Longitude
    -97.183066
    Latitude
    32.907536

    Nearby Similar for Sale

    • $1,445,000

      Colleyville Stand-Alone Building For Sale

      Stand-alone building in a vibrant business district, suitable for commercial/office.
      5017 Colleyville Boulevard, Colleyville, TX 76034
      View Details
    • $1,250,000

      Colleyville Office Investment Opportunity

      Partially leased office space with long-term income potential.
      8508 Precinct Line Road, Colleyville, TX 76034
      View Details
    • $1,200,000

      Colleyville Commercial Land Opportunity

      Prime commercial land with office/shop building in a desirable location.
      7111 Colleyville Boulevard, Colleyville, TX 76034
      View Details
    • $460,000

      Colleyville Land Ready to Build

      0.63-acre lot in Colleyville, cleared and ready to build.
      607 Frontier Court, Colleyville, TX 76034
      View Details
    • $899,000

      Colleyville Land Ready for Development

      0.861-acre lot in Colleyville, TX, ready for immediate development.
      5609 Oak Top Drive, Colleyville, TX 76034
      View Details
    • $712,000

      Colleyville Land Opportunity

      1.235 acres in the heart of Colleyville, Texas.
      100 Valley View Drive N, Colleyville, TX 76034
      View Details
    • $650,000

      Wooded Building Lot in Colleyville

      Beautiful wooded lot for dream home in North Colleyville.
      Lot 13r Bettinger Drive, Colleyville, TX 76034
      View Details
    • $899,900

      Colleyville Homesite in Gated Community

      Exceptional .68 acre homesite in Colleyville's newest gated neighborhood.
      7255 Oak Alley Drive, Colleyville, TX 76034
      View Details
    • $2,750,000

      Colleyville Land Opportunity

      2.1+ acre lot in the heart of Colleyville, Texas.
      5804 Pleasant Run Road, Colleyville, TX 76034
      View Details
    • $899,900

      Colleyville Land in Gated Community

      0.68 acre corner property in Oak Alley Estates.
      1417 Nottoway Court, Colleyville, TX 76034
      View Details
    • $750,000

      Colleyville Land in Fair Way

      Prime lot in established Colleyville neighborhood, ideal for custom home.
      6701 Herbert Road, Colleyville, TX 76034
      View Details
    • $1,000,000

      Colleyville Acreage in Gated Community

      1.061-acre homesite in premier gated community, backs to pond.
      1418 Nottoway Court, Colleyville, TX 76034
      View Details

    FAQs

    What type of property is this?
    Land - Tranquil, unrestricted treed lot near shopping and dining.
    Where is this land located?
    The property is located at 6805 Herbert Road Colleyville, TX.
    What is the asking price?
    The asking price for this property is $730,000.
    What are key features of this property?
    This property features: Large, unrestricted lot in prime Colleyville/Keller location offers privacy.; Ideal for building a new estate with ample space for RV, boat, or recreational parking.; Tranquil, treed lot provides a country‑living atmosphere.
    (817) 329-8850
    We can help!
    Listing Contact
    Denyse Zamora
    Real Estate License ID: 0566293
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!