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.
Property features R-40 zoning, no HOA, flat topography, and all utilities verified to site, including city water, sanitary sewer, gas, and electric. The site offers the flexibility to create a private legacy estate or pursue a potential subdivision into two approximately 1.5-acre estate lots, subject to buyer verification and municipal approvals.
Also available separately is a City-approved, building-permit-issued 36,000+ SF two-story French Chateau plan package for $300,000, including highly detailed architectural, structural, MEP, and civil plans and specifications. The permit-ready design includes a grand luxury residence with a 15-car garage and showroom, dual-lane bowling alley, indoor event space, indoor spa and wellness retreat, detached cabana, outdoor multi-sport court, and resort-style site design.
This is a rare opportunity for a luxury end user, family compound buyer, or developer seeking an irreplaceable homesite in one of the most desirable locations in North Texas.
Buyer to verify all information, subdivision potential, zoning, drainage, utilities, and development requirements. Buyer’s agents welcome.
For sale by owner
$4,250,000
805 W Murphy Rd, Colleyville, TX 76034
3beds
0baths
3.14Acres
Est.: Get pre-qualified
LND-Residential
Built in 1960
3.14 Acres Lot
$1,748,800 Zestimate®
$4,575/sqft
$-- HOA
What's special
Flat topography
- 1 day |
- 128 |
- 2 |
Listed by:
Property Owner (214) 789-1955
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 0
Heating
- Gas
Interior area
- Total interior livable area: 929 sqft
Video & virtual tour
Property
Lot
- Size: 3.14 Acres
- Features: Interior Lot, Acreage
Details
- Parcel number: 04498119
- Zoning: Residential
Utilities & green energy
- Utilities for property: City Water, Septic
Community & HOA
Location
- Region: Colleyville
Financial & listing details
- Price per square foot: $4,575/sqft
- Tax assessed value: $684,561
- Annual tax amount: $10,602
- Date on market: 5/28/2026
Estimated market value
$1,748,800
$1.61M - $1.91M
$2,163/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/28/2026 | Listed for sale | $4,250,000+114.1%$4,575/sqft |
Source: Owner Report a problem | ||
| 12/19/2024 | Sold | -- |
Source: NTREIS #20622064 Report a problem | ||
| 10/22/2024 | Pending sale | $1,985,000$2,137/sqft |
Source: NTREIS #20622064 Report a problem | ||
| 5/22/2024 | Listed for sale | $1,985,000+8.8%$2,137/sqft |
Source: NTREIS #20622064 Report a problem | ||
| 4/5/2023 | Listing removed | -- |
Source: NTREIS #14746580 Report a problem | ||
| 8/10/2022 | Listed for sale | $1,825,000$1,964/sqft |
Source: NTREIS #14746580 Report a problem | ||
| 4/29/2022 | Contingent | $1,825,000$1,964/sqft |
Source: NTREIS #14746580 Report a problem | ||
| 1/24/2022 | Listed for sale | $1,825,000-29.8%$1,964/sqft |
Source: NTREIS #14746580 Report a problem | ||
| 4/27/2019 | Listing removed | $2,600,000$2,799/sqft |
Source: Andy Ingram #13832577 Report a problem | ||
| 5/2/2018 | Listed for sale | $2,600,000+126.1%$2,799/sqft |
Source: Andy Ingram #13832577 Report a problem | ||
| 4/1/2018 | Listing removed | $1,150,000$1,238/sqft |
Source: DFW Legacy Group #13500929 Report a problem | ||
| 11/29/2016 | Listed for sale | $1,150,000+4.5%$1,238/sqft |
Source: DFW Legacy Group #13500929 Report a problem | ||
| 11/11/2015 | Listing removed | $1,100,000$1,184/sqft |
Source: Ebby Halliday Realtors #13127926 Report a problem | ||
| 4/11/2015 | Listed for sale | $1,100,000$1,184/sqft |
Source: Ebby Halliday Realtors #13127926 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,602 -1.2% | $684,561 |
| 2024 | $10,730 -0.4% | $684,561 +1% |
| 2023 | $10,768 -12.8% | $677,816 +1.6% |
| 2022 | $12,352 +33.2% | $667,126 +38.7% |
| 2021 | $9,272 -3% | $481,022 -0.2% |
| 2020 | $9,560 -0.9% | $482,040 -0.2% |
| 2019 | $9,646 +1.2% | $483,058 +6.7% |
| 2018 | $9,529 -18.8% | $452,801 -5% |
| 2017 | $11,738 -0.9% | $476,718 |
| 2016 | $11,850 +94.4% | $476,718 +98.4% |
| 2015 | $6,097 | $240,300 |
| 2014 | $6,097 | $240,300 |
| 2013 | -- | $240,300 -0.1% |
| 2012 | -- | $240,500 +63.8% |
| 2007 | -- | $146,800 |
| 2006 | -- | $146,800 |
| 2005 | -- | $146,800 +48.7% |
| 2004 | -- | $98,700 |
| 2003 | -- | $98,700 |
| 2002 | -- | $98,700 |
| 2001 | -- | $98,700 |
| 2000 | -- | $98,700 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Northwest
Nearby schools
GreatSchools rating
- 9/10Liberty Elementary SchoolGrades: PK-4Distance: 0.4 mi
- 8/10Keller Middle SchoolGrades: 7-8Distance: 4.2 mi
- 7/10Keller High SchoolGrades: 9-12Distance: 3.8 mi
Schools provided by the listing agent
- Elementary: Liberty
- Middle: Keller
- High: Keller
- District: Keller ISD
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Texas
- Tarrant County
- Colleyville
- 76034
- Northwest
- 805 W Murphy Rd





