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$950,000

4700 Melrose Park Court, Colleyville, TX, 76034

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,508 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$277.94 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

Off-Market ListHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard, Uncovered Courtyard
Lot Size25,801 sqft

Building Information

Year Built1989
Stories1
Garage Spaces3

Land Information

APN47598C-1-16A
Lot Number16A
SubdivisionWoodland Hills (Colleyville)
Land UseResidential
Legal DescriptionWOODLAND HILLS (COLLEYVILLE) BLOCK 1 LOT 16A & PART OF COMMON AREA
Census Tract113622
Assessed Land Value$263,845
Assessed Improvement Value$517,947
Assessment Year2025

About this property

Enjoy the drive along the trees and park to this gorgeous home. The home sits at the center of the culdesac and has a circle drive. You will immediately notice the spectacular sparkling new windows which allow for lots of light and an outdoorsy presence from every room. Greet the day by stepping out onto a courtyard or patio from the main living area, breakfast room, office or primary suite. This home is beautifully updated with fresh paint, hardwoods, windows, patio area, fencing and more. There is a 3 way split between the primary bedroom, the office and the secondary bedrooms. The office is conveniently located near the garage exit and has its own courtyard. Perfect for home officing! You will get a rich traditional feel with a transitional vibe throughout this home. The yard is beautifully terraced with lush landscaping and trees as well as a private gate that leads directly to the park. The neighborhood is perfectly located near Highway 121 for easy access to Fort Worth or Dallas.

Investor Tools

Property Icon
$950,000
Estimated Property Value
$0Estimated Mortgage Balance
$950,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,850 /month
Positive
Cash Flow Estimate:
$1,950 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$694/month
$459/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,577
$781,792
2025
$263,845
$517,947
$781,792
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,577
$781,792

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$950,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,570/mo
$459/mo
+$3,111/mo
4.5%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Colleyville

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