NOT LISTED FOR SALE

5914 Preston Way Colleyville, TX 76034

Estimated Value: $431,081 - $495,000

0.47 Acre
$993,863 Price per Acre
20,295 Sq Ft Lot

Last Sold September 19, 2023

Current estimated payment $2,891/month

79 Days on Market

Highlights

  • Corner Lot
  • Colleyville Elementary School Rated A
  • 2-minute walk to Bransford Park

About This Lot

As of September 2023

Build the luxury home of your dreams on an illustrious lot in Preston Manor, Colleyville’s newest custom home community! Experience unmatched access to superior private and public school education, effortless commute to the DFW Airport, high-end shopping, fine dining, holistic whole food shopping alternatives, top-tier fitness centers & direct access to miles of walking or biking paths on the Cotton Belt Trail! Experience cherished local favorites including the Colleyville Nature Center featuring 46 acres of natural refuge, nine ponds, 3.5 miles of multi-use trails, pavilion with a grill, playground & a fishing pier. Colleyville is consistently ranked as one of the safest cities in Texas and is conveniently located in the center of the Dallas Fort Worth metroplex. Build with Graham Hart Home Builder, one of Colleyville’s premier home builders, or bring your own. Don’t miss the opportunity to create the life you’ve always wanted on some of the last remaining lots in Colleyville!

Last Listed By

Laurie Wall

The Wall Team Realty Assoc Brokerage Phone: 817-427-1200 License #0254910 Listed on: 06/13/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,182

Lot Details

  • 0.47 Acre Lot
  • Corner Lot
  • Few Trees
  • Zoning described as Residential zoning

HOA Fees

  • $208 Monthly HOA Fees

Schools

  • Colleyville Elementary And Middle School
  • Grapevine High School

Utilities

  • Underground Utilities
  • Cable TV Available

Community Details

  • Association fees include ground maintenance
  • Realmanage HOA, Phone Number (972) 380-3505
  • Preston Manor Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 42821221

Property Details

Property Type

Land

Est. Annual Taxes

$1,182

Lot Details

0

HOA Fees

$208 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Restrictions: Deed
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Agricultural Exemption YN: No
  • Crop Retire Program Y N: No
  • Horse Permitted Y N: No
  • Attribution Contact: 817-427-1200
  • Special Features: None

Exterior Features

  • Easements: Utilities
  • Fencing: None
  • Soil Type: Unknown
  • RoadFrontageType: City Street, Curbs/Gutters

Utilities

  • Utilities: Cable Available, City Sewer, City Water, Electricity Available, Underground Utilities

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds
  • Association Fee: 2500
  • Association Fee Frequency: Annually
  • Association Type: Mandatory
  • Hoa Management Company: RealManage
  • HOA Management Company: 972-380-3505

Association/Amenities

  • DevelopmentStatus: City Limits, Plat Approved, Streets Installed, Utilities Installed, Zoned

Schools

  • School District: Grapevine-Colleyville ISD
  • Elementary School: Colleyville
  • Middle School: Colleyville
  • High School: Grapevine
  • School District: Grapevine-Colleyville ISD
  • Elementary School: Colleyville

Lot Info

  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Corner Lot, Few Trees, Subdivision
  • Lot Size Units: Square Feet
  • Lot Size Area: 20293.0000
  • Parcel Number: 42821221
  • Lot Size Acres: 0.4659
  • Lot Size Sq Ft: 20293.0000
  • Zoning Description: Residential zoning
  • Possible Use: Residential, Single Family
  • Present Use: Residential, Single Family
  • LandLeaseYN: No

Building Info

  • SeniorCommunityYN: No

MLS Schools

  • Middle School Name: Colleyville
  • Elementary School Name: Colleyville
  • High School Name: Grapevine

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2023
Closed on
Sep 19, 2023
Sold by
Gime Talon Hill Llc
Bought by
Schurman Derek Matthew
Seller's Agent
Laurie Wall
The Wall Team Realty Assoc
Buyer's Agent
Laurie Wall
The Wall Team Realty Assoc
List Price
$425,000
Sold Price
$425,000
Total Days on Market
79
Views
101
Current Estimated Value
$463,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,041
Avg. Annual Appreciation
5.50%
Original Mortgage
$361,250
Interest Rate
6.9%
Mortgage Type
New Conventional

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Schurman Derek Matthew -- Capital Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schurman Derek Matthew $1,184,800
Closed Schurman Derek Matthew $1,320,000
Closed Schurman Derek Matthew $361,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2023 09/19/23 Sold -- -- --
08/31/2023 08/31/23 Pending -- -- --
06/13/2023 06/13/23 For Sale $425,000 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,182 $245,000 $245,000 --
2023 $4,133 $245,000 $245,000 $0
2022 $4,839 $245,000 $245,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20355017

North Texas Real Estate Information Systems (NTREIS)

APN: 42821221