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$1,794,999

7005 Peters Path, Colleyville, TX, 76034

On MarketInfo
Beds5 Beds
Baths5 Bath
Baths5,053 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$355.23 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Cooktop, Gas Water Heater, Ice Maker, Microwave, Convection Oven, Double Oven, Vented Exhaust Fan, Wine Cooler
FlooringCarpet, Ceramic Tile, Stone, Wood

Exterior

Exterior FeaturesRain Gutters, Outdoor Kitchen, Storage, Outdoor Grill
Lot Size19,998 sqft

Building Information

Year Built2006
Stories2
Garage Spaces4

Land Information

APN45091-1-6R
Lot Number6R
SubdivisionWarwick Parc
Land UseResidential
Legal DescriptionWARWICK PARC BLOCK 1 LOT 6R
Census Tract113640
Assessed Land Value$229,600
Assessed Improvement Value$928,400
Assessment Year2025

About this property

Welcome to this exceptional Michael Browning custom estate in the Warwick Parc community of Colleyville. Situated on nearly half an acre and offering over 5,000 square feet of thoughtfully designed living space, this home combines timeless architecture, extensive recent updates, and a resort-style backyard. The spacious floor plan features 5 bedrooms, 5.5 bathrooms, a dedicated executive office with custom built-in millwork, a game room with wet bar, media room, multipurpose flex room, and a 4-car garage. Rich architectural details are showcased throughout, including custom woodwork, restored interior finishes, soaring ceilings, multiple fireplaces, and extensive built-in cabinetry. The kitchen is equipped with Thermador appliances including double ovens, built-in refrigerator, cooktop with grill and griddle, wine storage, abundant cabinetry, and generous preparation space designed for both everyday living and entertaining. The primary suite offers a private fireplace, spa-inspired bath with jetted tub and body-spray shower, oversized custom closet, and direct access to the backyard spa. Step outside to an outdoor retreat. The extensively renovated saltwater pool and elevated spa feature updated pebble finish, tile, lighting, equipment, water features, and custom stonework. Additional highlights include a covered patio with outdoor fireplace, built-in gas grill, outdoor television, mature landscaping, lush lawn, established vegetable garden, fruit trees, and multiple entertaining areas designed for relaxation and entertaining. Additional features include three HVAC systems, four fireplaces, whole-home audio, wired networking, security system, custom closet systems throughout, abundant storage, and a new architectural roof installed in 2025. One of Michael Browning's custom designs, this meticulously maintained home offers exceptional indoor and outdoor living in the heart of Colleyville.

Investor Tools

Property Icon
$1,572,000
Estimated Property Value
$920,000Estimated Mortgage Balance
$583,314Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,770 /month
Positive
Cash Flow Estimate:
$3,590 /month

Interested in this property?

Jack McLemore

Listing Results, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,064/month
$1,050/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$1,158,000
2025
$229,600
$928,400
$1,158,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$1,158,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Conventional
$920,000
No
First
May 1, 2017
Jun 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$988,686
$583,314
37%
63%
$7,015/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,570/mo
$8,065/mo
$-4,495/mo
2.7%

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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7005 Peters Path | Property Details | No Agent List