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$245,000

5906 Preston Way, Colleyville, TX, 76034

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size30,340 sqft

Land Information

APN32949-B-11
Lot Number11
SubdivisionPreston Manor Addition
Land UseOther / Unknown
Legal DescriptionPRESTON MANOR ADDITION BLOCK B LOT 11
Census Tract113639
Assessed Land Value$245,000
Assessment Year2025

About this property

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!

Investor Tools

Property Icon
$245,000
Estimated Property Value
$0Estimated Mortgage Balance
$245,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,574 /month
Positive
Cash Flow Estimate:
$858 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$201/month
$2,500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,182
$245,000
2025
$245,000
N/A
$245,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,182
$245,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$245,000
100%
0%
$0/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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5906 Preston Way | Property Details | No Agent List