Exceptional 3.14-acre luxury estate lot in The Reserve in the heart of Colleyville. One of the last remaining large-acreage opportunities in a fully built-out luxury area, surrounded by established custom homes and minutes from Southlake Town Square, premier dining, shopping, schools, and DFW Airport. Features R-40 zoning, no HOA, flat topography, and all utilities verified to site including city water, sanitary sewer, gas, and electric. Potential to create a private estate, family compound, or subdivide into two (1.5) acre estate lots, subject to buyer verification and approvals. Optional $300,000 City-approved, permit-issued 36,000+ SF French Chateau plan package includes architectural, structural, MEP, civil plans and specs. Shallow front detention area is manmade per approved civil plans, not a natural pond, and may be reconfigured with revised drainage plans subject to engineering and City approval. Buyer’s agents welcome.
North Colleyville, located between Grapevine Lake and Colleyville Boulevard (TX-26), is a residential and semi-rural Colleyville neighborhood with large-lot streetscapes and a greenbelt feel. The neighborhood’s character concentrates around the Colleyville Boulevard and Glade Road corridor, where patios, boutiques, and polished dining rooms set a low-key, upscale rhythm. Architectural cues lean toward custom brick and stone homes, long driveways, and mature trees framing quiet blocks. Colleyville Nature Center adds boardwalk scenery and a pocket of wildlife close to daily errands. Local staples such as Loveria Caffe, Next Bistro, and Colleyville Center for the Performing Arts help define the area’s social calendar. Trails, parks, and lake-country roads shape a weekend routine that feels outdoors-forward without leaving town.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Electric cooling
Natural gas heating
Exterior features
312 feet of waterfront/frontage
Acreage with mostly cleared and level areas plus many trees
Subdivision setting
Undivided parcel
City street frontage with curbs, gutters and storm sewer
Concrete road surface
All-weather road and asphalt access
Gated property (per directions)
Directions provided to property
Home design
Land property (suitable for residential or single-family use)
City limits location
Plat approved with streets and utilities installed
Zoned for single-family residential
Security
Gated access (noted in directions)
Construction
Originally built in 1960
Utilities
City water available
Sewer available
Natural gas available
Co-op electric available
Electricity available
Individual water and gas meters
Cable and phone available
Underground utilities where present
HOA & community
No association
Financial info
Listing accepts cash and conventional financing
Treat as clear loan type
Other
No known restrictions
Parcel number 04498119
Electricity and solar
View estimated energy costs and solar savings for this home
Build your Dream Home in Colleyville! This is a great a location to call home! NO HOA! Bring your own builder. Value is in the land, home is a tear down. Keller ISD or GCISD Open Enrollment option. The 3 acre lot is currently zoned AG and has a 312 feet of road frontage. Please contact the City of Colleyville for potential subdivision of the lot. Conveniently located near Southlake, Grapevine and Westlake with easy access to DFW, Alliance and Love Field airports. Shopping and dining within a quick drive as well as access to 121 and 114 towards Dallas and Fort Worth.
NTREIS #20622042
May 22, 2024
Listed
$1,985,000
NTREIS #14746580
Jan 23, 2023
Listing Removed
—
Apr 29, 2022
Contingent
—
Jan 24, 2022
Listed
$1,825,000
NTREIS #14746598
Jan 23, 2023
Listing Removed
—
Jan 24, 2022
Listed
$1,825,000
NTREIS #13832577
Apr 27, 2019
Listing Removed
—
May 2, 2018
Listed
$2,600,000
NTREIS #13500929
Apr 1, 2018
Listing Removed
—
Nov 29, 2016
Listed
$1,150,000
NTREIS #13127926
Nov 11, 2015
Listing Removed
—
Apr 10, 2015
Listed
$1,100,000
Public Records
Nov 10, 1995
Sold
*
Year
Property tax
Land + Additions
Assessment*
2025
$12,737 (+0.9%)
$646,000 + $38,561
$684,561
2024
$12,621 (+0.7%)
$646,000 + $38,561
$684,561
2023
$12,537 (−11.2%)
$646,000 + $31,816
$677,816
2022
$14,124 (+32.3%)
$646,000 + $21,126
$667,126
2021
$10,676 (−3.2%)
$465,750 + $15,272
$481,022
2020
$11,027 (−0.9%)
$465,750 + $16,290
$482,040
2019
$11,128 (+1.3%)
$465,750 + $17,308
$483,058
2018
$10,982 (−6.4%)
$451,801 + $1,000
$452,801
2017
$11,738 (−0.9%)
$465,750 + $10,968
$476,718
2016
$11,850 (+94.4%)
$465,750 + $10,968
$476,718
2015
$6,097
$464,625 + $12,093
$476,718
2014
$6,097
$235,500 + $4,800
$240,300
2013
$6,097
$235,500 + $4,800
$240,300
2012
$6,101
$235,500 + $4,800
$240,300
2011
$6,101 (+0.9%)
$235,500 + $5,000
$240,500
2010
$6,049
$235,500 + $5,000
$240,500
Public record
Public record
Zoning
Permits
Beds
3
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
3.14 Acres
Year renovated
1960
Finished Sq. Ft.
929
Unfinished Sq. Ft.
—
Total Sq. Ft.
929
Year built
1960
Style
Single Family Residential
County
Tarrant County
APN
04498119
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 18, 2026.
AG
Agricultural District
The purpose of the AG Agricultural District is to provide for compatible land, building and structure uses primarily oriented to agricultural farming and ranching, and extremely low density residential purposes. The district’s locational characteristics are usually confined to the outer fringe of developed urbanized areas and/or along, unprotected flood-prone areas. The district also serves as: a transitional land use element pending future, more intensive urbanization; open space for the protection and enhancement of scenic areas, vistas, and recreational uses, and where unusual or problematic soils, topographic conditions, or sensitive ecological features are present that would normally not be conducive or appropriate to more intensive forms and patterns of urbanization The primary intent of this district is a land use designated to aid in the protection of certain lands suitable for producing and supplying food and related agricultural farm and ranch products from more intense urbanization until such time as warranted by demand and supportive community facilities and services.
Permitted uses
Include but are not limited to:
Equestrian facility
Livestock production
Religious facility
Housing-Single unit
Public service
Educational/school
Fire house
Police station
Agriculture-Cropland
Park & open space
Jul 31, 2025 • Final
Tree removal
Remove trees for the new construction of a residential building.
Grading
New construction
Mar 18, 2025 • Final
Demolition
Demolish a residential building, garage, driveway, shed, and fence.
Demolition
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.
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.
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
7/10 Heat Factor
7 days above 109° expected this year, 24 days in 30 years
4/10 Wind Factor
24% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Colleyville, TX • 76034
Average low and high temperatures (°F)
55
35
67
42
78
54
79
60
85
65
92
75
97
78
94
76
90
69
85
62
72
51
63
44
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
100/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 2% for direct sun exposure in Colleyville. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.3 hrs
6.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 805 W Murphy Rd
$3,740,119
$510K under list price of $4.25M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $748K to $1.9M.