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$838,000

NAL Estimated Property Value

6905 Wandering Way, Colleyville, TX, 76034

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,311 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$175.14 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Cooktop
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size11,940 sqft

Building Information

Year Built1993
Stories2
Garage Spaces2

Land Information

APN24255-1-22
Lot Number22
SubdivisionLongwood Estates @ Ross Downs
Land UseResidential
Legal DescriptionLONGWOOD ESTATES @ ROSS DOWNS BLOCK 1 LOT 22
Census Tract113634
Assessed Land Value$137,050
Assessed Improvement Value$588,536
Assessment Year2025

About this property

OFFER DEADLINE 3PM JAN 28TH. Gorgeously remodeled home located in Ross Downs of Colleyville. With all bedrooms upstairs, this home features nail down hardwoods, quartz countertops, stainless steel appliances, upgraded kitchen featuring gas cook top and built-in ice maker. Home features two master suites with one currently converted into a theater and game room. Moving into the main master suite, you'll find vaulted ceilings and an oversized shower and top end finishes for the bathroom. No expense was spared in upgrading the interior of this home! Driveway iron gate adds a level of security and privacy to the backyard so that you can enjoy the pool all year. Documents are in the transaction desk.

Investor Tools

Property Icon
$838,000
Estimated Property Value
$0Estimated Mortgage Balance
$838,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,028 /month
Positive
Cash Flow Estimate:
$1,676 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$592/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,911
$725,586
2025
$137,050
$588,536
$725,586
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,911
$725,586

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$838,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,570/mo
N/A
+$3,570/mo
5.1%

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.

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

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6905 Wandering Way | Property Details | No Agent List