Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$500,000

6704 Herbert Rd, Colleyville, TX, 76034

PendingInfo
Beds3 Beds
Baths1 Bath
Baths1,656 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$301.93 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

BankruptcyAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesOther

Exterior

Exterior FeaturesPrivate Yard
Lot Size20,099 sqft

Building Information

Year Built1960
Stories2

Land Information

APN13500-3-8
Lot Number8
SubdivisionFair Way Addition
Land UseResidential
Legal DescriptionFAIR WAY ADDITION BLOCK 3 LOT 8
Census Tract113640
Assessed Land Value$230,700
Assessed Improvement Value$137,083
Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED - DUE BY COB 8.12.26 - Premium Redevelopment Homesite Estate Sale Build New or Reimagine Existing Improvements. Rare opportunity to secure one of Colleyville's increasingly limited redevelopment homesites. Situated on approximately .461 acres in one of the city's most sought-after luxury corridors, 6704 Herbert Road is surrounded by an impressive collection of newly constructed custom estates. Whether you're a custom builder, developer, investor, or buyer looking to create a one-of-a-kind luxury residence, opportunities like this have become increasingly difficult to find in Colleyville. The property inc an existing residence w additional improvements, AS IS, WHERE IS, with primary value in the land, exceptional location, and future redevelopment potential. Buyers may choose to renovate the existing improvements, build a custom estate, or pursue redevelopment, subject to buyer verification, County and City req. The spacious homesite offers mature trees, expansive open green space, and an exceptional building footprint within one of Colleyville's most established luxury neighborhoods. One of the sellers believes there may be two existing water wells on the property; however, the estate has no documentation regarding their existence, exact location, condition, or functionality. Buyers must independently verify all information. This property is part of an estate, and limited property info available. Exterior showings only. No interior access will be provided. Buyers are encouraged to perform their own inspections and due diligence regarding the condition of the improvements, utilities, wells, zoning, building requirements, redevelopment potential, and intended future use. Conveniently located within the highly acclaimed Keller ISD and just minutes from premier shopping, dining, parks, DFW International Airport, and major commuter routes, this is a rare opportunity to acquire a premium homesite in one of Colleyville.

Investor Tools

$0Estimated Mortgage Balance
$495,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,000 /month
Positive
Cash Flow Estimate:
$1,000 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$681/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,696
$367,783
2025
$230,700
$137,083
$367,783
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,696
$367,783

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$746,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
N/A
+$2,880/mo
7.0%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

6704 Herbert Rd | Property Details | No Agent List