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$1,297,000

NAL Estimated Property Value

617 Picasso, Colleyville, TX, 76034

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,529 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$158.53 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 5Bathrooms Full 5
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Convection Oven, Double Oven, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size14,366 sqft

Building Information

Year Built2016
Garage Spaces3

Land Information

APN33957A-D-34
Lot Number34
SubdivisionReserve At Colleyville The
Land UseResidential
Legal DescriptionRESERVE AT COLLEYVILLE THE BLOCK D LOT 34 PLAT D214135016
Census Tract113640
Assessed Land Value$164,900
Assessed Improvement Value$1,030,970
Assessment Year2025

About this property

LOOKING FOR VALUE+PRICED BELOW APPRAISAL! North facing with fabulous finishes & architectural details on .33 acre. Dramatic 2 story foyer & study! Open floor plan! Gourmet kitchen: over sized island, 6-burner gas cook top, & dbl ovens will delight any culinary enthusiast. Great room features a 2 story stone fireplace & cathedral ceiling, main level multi-purpose bonus room with built-in cabinetry perfect for crafts or homework hub. Hardwood floors! The sun-filled luxurious master suite features stylish tray ceiling, 2 walk-in closets, soaking tub & walk-in shower. Private Guest suite down!2 additional bedrooms (walk-in closets & baths), Game & Media rooms complete the upper level.3 Car garage!POOL SIZED YARD!

Investor Tools

Property Icon
$1,297,000
Estimated Property Value
$895,452Estimated Mortgage Balance
$401,548Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,782 /month
Positive
Cash Flow Estimate:
$2,594 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,609/month
$321/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,819
$1,195,870
2025
$164,900
$1,030,970
$1,195,870
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,819
$1,195,870

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Loan Store Inc
Conventional
$920,000
No
First
Nov 15, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$895,452
$401,548
30%
69%
$5,516/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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617 Picasso | Property Details | No Agent List