Sensational Modern Home sitting on a corner .71 Acre Wooded Estate Lot. No HOA's. The 5 Bed, 5 Bath Home offers Hardwood Floors Throughout & Light & bright open Concept living! The Main Living area offers 22 ft. Ceilings, Wood Beam Features & a Contemporary Fireplace, Bar, Wine Area, Gorgeous Chef's Kitchen offers Oversized Waterfall Island with Abundance of storage, Quartzite Countertops. Owner's Retreat offers, Luxe Ensuite w separate vanities, a walk-in shower, Hollywood Tub, large walk in Closet & Lighted Mirrors. Three Bedrooms Down w 2 upstairs Bedrooms & Gameroom. Additional 965 Sg Ft Outdoor Kitchen w Fireplace & Motorized Shades. The property can be used for a sports court or RV, Boat Garage. Home is zoned to Keller ISD schools with a GCISD transfer option. Amazing Find in Colleyville!
AMAZING OPPORTUNITY to own a ~. 7 acre lot in prestigious Colleyville! You can build a new dream home on this beautifully wooded lot, with mature post oak trees providing relaxing shading year round, which also includes custom architectural building plans for a stunning 3,400 sq. ft. home. Prime location within walking distance from Reagan Park and the Cottonbelt Trail, while also conveniently located within 15 minutes of DFW international airport and multiple shopping centers. Hence, this lot opportunity situated amongst other luxury new construction homes. Currently offers a lovely single-story residence with 3 bedrooms, open layout and a large sunroom addition. There is unlimited potential!
Public Records
Mar 1, 2021
Sold
*
NTREIS #14465029
Feb 26, 2021
Sold
*
Jan 23, 2021
Pending
—
Jan 18, 2021
Contingent
—
Dec 17, 2020
Price Changed
$399,000
$96/sq ft
Nov 20, 2020
Price Changed
$425,000
$102/sq ft
Nov 12, 2020
Price Changed
$450,000
$108/sq ft
Nov 3, 2020
Listed
$750,000
$180/sq ft
INCREIDBLE OPPORTUNITY to own a ~. 7 of an acre lot in prestigious Colleyville and walking distance from Reagan Park! Build your new dream home on the beautifully wooded lot in a prime location minutes away from Ld Lockett Park, JB Sandlin Park, and McPherson Park. Conveniently located right off Precinct Line Rd. 10 minutes away from Southlake Town Square. Single story residence with 3 bedrooms and a large sunroom addition in the back that lets in lots of natural light. Large mature trees canopy the property for a serene environment. There is unlimited potential with this lot!
NTREIS #14465032
Feb 26, 2021
Sold
*
Jan 23, 2021
Pending
—
Jan 18, 2021
Contingent
—
Dec 17, 2020
Price Changed
$399,000
$96/sq ft
Nov 23, 2020
Price Changed
$425,000
$102/sq ft
Nov 12, 2020
Price Changed
$450,000
$108/sq ft
Nov 3, 2020
Listed
$750,000
$180/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$25,687 (−15.6%)
$281,350 + $1,099,205
$1,380,555
2024
$30,421 (+7.5%)
$281,350 + $1,368,650
$1,650,000
2023
$28,289 (+338.0%)
$281,350 + $1,248,083
$1,529,433
2022
$6,458 (+7.1%)
$281,350 + $23,705
$305,055
2021
$6,030 (−9.7%)
$212,700 + $59,010
$271,710
2020
$6,677 (−0.9%)
$212,700 + $79,152
$291,852
2019
$6,740 (+63.5%)
$212,700 + $79,892
$292,592
2018
$4,122 (+8.3%)
2017
$3,805 (+9.0%)
2016
$3,491 (+7.7%)
2015
$3,240
2014
$3,240
$70,900 + $56,800
$127,700
2013
$3,240
$70,900 + $56,800
$127,700
2012
$3,242
$70,900 + $56,800
$127,700
2011
$3,242 (+0.4%)
$70,900 + $56,900
$127,800
2010
$3,228
$70,900 + $56,900
$127,800
Tax history for 701 W LD Lockett Rd
Year
Property tax
Land + Additions
Assessment*
2025
$25,687 (−15.6%)
$281,350 + $1,099,205
$1,380,555
2024
$30,421 (+7.5%)
$281,350 + $1,368,650
$1,650,000
2023
$28,289 (+338.0%)
$281,350 + $1,248,083
$1,529,433
2022
$6,458 (+7.1%)
$281,350 + $23,705
$305,055
2021
$6,030 (−9.7%)
$212,700 + $59,010
$271,710
2020
$6,677 (−0.9%)
$212,700 + $79,152
$291,852
2019
$6,740 (+63.5%)
$212,700 + $79,892
$292,592
2018
$4,122 (+8.3%)
2017
$3,805 (+9.0%)
2016
$3,491 (+7.7%)
2015
$3,240
2014
$3,240
$70,900 + $56,800
$127,700
2013
$3,240
$70,900 + $56,800
$127,700
2012
$3,242
$70,900 + $56,800
$127,700
2011
$3,242 (+0.4%)
$70,900 + $56,900
$127,800
2010
$3,228
$70,900 + $56,900
$127,800
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
3
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
0.71 Acres
Year renovated
2022
Sq. Ft.
4,181
Year built
2022
Style
Single Family Residential
County
Tarrant County
APN
02326507
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 24, 2026.
R-40
Single-Family Residential District
The purpose and intent of the R-40 Single Family Residential District is to provide for compatible land, building and structure uses primarily oriented to low density residential purposes, open space uses, and select community facility uses. The locational characteristics of this district are not confined to any specific or general area; however, they are most appropriate on the outer fringe of the more intensively urbanized parts of the community, and/or along protected flood prone areas. Land uses in this district are normally connected to an approved public or private sewage collection and treatment system, rather than individual septic tanks and subsurface drainage fields. Low density detached single family residential dwellings and development, along with the aforedescribed uses, comprise the principal elements of the district.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Single unit
Public service
Educational/school
Fire house
Police station
Post office
Golf related
Park & open space
Oct 24, 2025 • Final
Pool/spa/fountain - pool
Work on a pool and spa.
Pool and hot tub
May 22, 2025 • Final
Plumbing - backflow device
Install a reduced pressure zone backflow preventer for a pool fill line.
Plumbing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Tax Legal Description: REAGAN ESTATES BLOCK 2 LOT A1
Tax Lot: A1
Unexempt Taxes: 6458
Financial Information
Buyer Financing: Cash
Loan Type: Treat As Clear
Second Mortgage YN: No
Utilities
Utility Information
Municipal Utility District YN: No
Utilities: City Sewer, City Water, Electricity Connected, Individual Gas Meter, Sidewalk, Underground Utilities
Location
HOA Information
Association Type: None
School Information
Elementary School: Liberty
Elementary School Name: Liberty
High School Name: Keller
Middle School Name: Keller
School District: Keller ISD
Location Information
County Or Parish: Tarrant
Country: United States
Directions: Bransford Rd to LD Lockett Rd.
Latitude: 32.89234700
Longitude: -97.17754100
Geocode Confidence: High
Subdivision Name: Reagan Estates
Community Information
Community Features: Curbs, Electric Car Charging Station, Jogging Path/Bike Path, Sidewalks
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 4,181
Stories: 1.0
Lot Size: 0.71 acres
Style: Single Family Residential
Year Built: 2022
Year Renovated: 2022
County: Tarrant County
APN: 02326507
Home facts updated by county records on Jun 24, 2026
Other
Green Verification Information
Green Verification Count: 0
Listing Information
Attribution Contact: 713-683-0054
Listing Agreement: Exclusive Agency
Listing Id: 20369007
Listing Key Numeric: 428896557
Listing Terms: Cash, Conventional, FHA, VA Loan
Mls Status: Closed
Previous Status: Pending
Originating System Name: North Texas Real Estate Information Systems
Photos Count: 40
Possession: Closing/Funding
Seller Contributions: 0
Special Listing Conditions: Standard
Standard Status: Closed
Third Party Assistance Program Y: No
Transaction Type: For Sale
Listing Date Information
Days On Market: 30
Cumulative Days On Market: 30
Close Date: 2023-08-17
Purchase Contract Date: 2023-07-29
Listing Contract Date: 2023-06-29
Off Market Date: 2023-07-29
Price Change Timestamp: 2023-07-17T15:40:28.420
Status Change Timestamp: 2023-08-17T16:07:42.220
Listing Price Information
Original List Price: 2079000.00
Previous List Price: 2079000.00
List Price: 1988000.00
RATIO Close Price By Lot Size Ac: 2750352.60931
RATIO Current Price By Lot Size: 2750352.60931
Around this home
Schools
Liberty Elementary School
Public PreK-4 • Assigned • 0.8mi
9/10
Keller Middle School
Public 7-8 • Assigned • 4.8mi
8/10
Keller High School
Public 9-12 • Assigned • 4.6mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Local insights from Redfin agents
Tree-lined surroundings and a relaxed pace give this community its distinctive charm. Town Center Colleyville offers convenient shopping and dining, while Colleyville Nature Center brings peaceful ponds, trails and natural beauty close to home.