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$1,340,000

4707 Melrose Park Court, Colleyville, TX, 76034

Off MarketInfo
Beds4 Beds
Baths7 Bath
Baths4,247 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$315.52 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 5Bathrooms Full 5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Water Heater, Microwave, Convection Oven, Double Oven, Vented Exhaust Fan, Wine Cooler
FlooringCarpet, Ceramic Tile, Marble, Wood

Exterior

Private PoolPrivate Pool
Lot Size23,975 sqft

Building Information

Year Built1988
Stories2
Garage Spaces3

Land Information

APN47598C-1-20
Lot Number20
SubdivisionWoodland Hills (Colleyville)
Land UseResidential
Legal DescriptionWOODLAND HILLS (COLLEYVILLE) BLOCK 1 LOT 20 & PART OF COMMON AREA
Census Tract113622
Assessed Land Value$273,674
Assessed Improvement Value$626,326
Assessment Year2025

About this property

Don't miss the RARE opportunity to own one of the few homes with direct access to the 54-acre Woodland Hills park. This stunning custom home backs to the park with Pecan orchards, ponds, and trails. Views of the park from many rooms. Circle drive adds to fabulous curbside appeal. Enter through double metal doors to soaring ceilings, detailed trim work, crown moldings, and tons of natural light. Family room features 15 ft floor to ceiling windows with lush park views. The chefs kitchen is updated and has Thermidor double ovens, gas cooktop, built-in Subzero fridge, Quartz island, granite countertops and backsplash. The primary suite features a fireplace, tray ceilings, hardwoods, jetted tub, separate vanities and walk in closet. The office has wood paneling, along with hardwoods. Upstairs you will find 3 en-suites, all with large closets. Plantation shutters throughout. One bedroom is being used as a media room. The outdoor space is spectacular with saltwater diving pool, cabana and outdoor shower. Enjoy views of the greenspace and park from the backyard. Underground tornado shelter in side yard. Electric Versa lift in garage for easy attic access. See improvement list in MLS docs.

Investor Tools

Property Icon
$1,133,000
Estimated Property Value
$0Estimated Mortgage Balance
$833,280Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,040 /month
Positive
Cash Flow Estimate:
$2,680 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$777/month
$496/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,664
$900,000
2025
$273,674
$626,326
$900,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,664
$900,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nuwave Lending Llc
Conventional
$306,500
No
First
Feb 28, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$299,720
$833,280
73%
26%
$1,838/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,570/mo
$2,334/mo
+$1,236/mo
3.8%

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.

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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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4707 Melrose Park Court | Property Details | No Agent List