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505 W Mcdonwell School Road

Colleyville, TX 76034

Listing courtesy of Dallas Albert, Elite Real Estate Texas

$2,185,000
Active
Beds
3
Baths
4
Sqft
2,976
Year Built
1981

About this home

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.

Schools

Elementary
Liberty
Middle
Keller,Bear Creek
High
Keller

School assignments per NTREIS. Confirm current attendance zones with the district before relying on them.

Property details

MLS #
21230384
Property Type
Residential
Status
Active
County
Tarrant
Subdivision
Tallman Add
Lot Size
2.90 acres
Garage
2-car
HOA Dues
None
Annual Taxes
$15,799
Days on Market
45 days
Listed
Apr 17, 2026
Price per Sqft
$734

Estimate your monthly payment

Estimate only, not a loan offer. Taxes, insurance, and HOA are approximate.

$13,583/mo
Principal & interest
$11,629
Property taxes
$1,317
Homeowner's insurance (est.)
$637

Based on a 30-year fixed loan. Talk to a lender for an accurate quote.

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IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed accurate by the MLS.

Listing data via NTREIS · Data refreshed Apr 17, 2026