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$585,000

5008 Preservation Avenue, Colleyville, TX, 76034

$671,714 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,279 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$178.41 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Double Oven, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size9,135 sqft

Building Information

Year Built2016
Garage Spaces2

Land Information

APN32942P-A-7
Lot Number7
SubdivisionPreservation On Glade, The
Land UseResidential
Legal DescriptionPRESERVATION ON GLADE, THE BLOCK A LOT 7 PLAT D214183223
Census Tract113634
Assessed Land Value$175,000
Assessed Improvement Value$786,390
Assessment Year2025

About this property

BRIGHT*OPEN*TRANSITIONAL ONE STORY KHOV HOME IN GATED PRESERVATION NEIGHBORHOOD! Simply stunning high-end finish out includes soaring vaulted ceilings, beautiful moldings, REAL hand scraped hardwood floors, and surround sound, along with a gourmet kitchen featuring a huge island, and an abundance of cabinet and counter space. Wonderful flex room could be used for game or media plus there's even a private office with french doors tucked away for privacy. Enjoy stunning views from the large upper patio with a pool sized yard and additional open patio space below. Garage is equipped with an EV Charger, home is Energy Star 3.0 Certified and the HOA maintains front and side yard. See this one before it's gone!

Investor Tools

Property Icon
$961,390
Estimated Property Value
$0Estimated Mortgage Balance
$553,392Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$671,714
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,768 /month
Positive
Cash Flow Estimate:
$1,923 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$644/month
$2,050/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,920
$961,390
2025
$175,000
$786,390
$961,390
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,920
$961,390

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
V I P Mortgage Inc
Conventional
$464,000
No
First
Mar 18, 2020
Apr 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$407,998
$553,392
57%
42%
$2,782/mo

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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5008 Preservation Avenue | Property Details | No Agent List