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5016 Thompson Terrace Colleyville, TX $ 499,000
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5016 Thompson Terrace
$ 499,000
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5016 Thompson Terrace

Colleyville, TX, 76034
$ 499,000
Bedrooms-- Baths-- Sq 1,119

Monthly Estimate*

$ 3,072

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Commercial Property for sale in Colleyville, TX

for $499,000. This 1,119 square foot building was built in 1948 on a lot size of 0.538.

Location! Location! Location! Currently zoned R20 for residential use with surrounding properties zoned CC1, CN and R20. Buyer to verify zoning with the City of Colleyville Planning Commission. Buyer will be responsible for rezoning after closing and funding. Buyer to verify any rezoning allowance for any planned use. This Property has been updated. Exterior features include an inviting drive-up appeal with wood frame and siding exterior, covered front porch, huge lot with long driveway and concrete parking pad, maintained grounds with trees, and a backyard deck that faces the creek. Interior features include an open concept with combination living area and dining open to the kitchen. The kitchen and dining are separated by a long breakfast bar. The kitchen includes a dishwasher, sink, microwave, and electric range. There are 2 bedrooms with ensuite bathrooms, and a laundry room with room for a full-size washer and dryer. This property is a MUST SEE full of potential in the heart of a thriving business and high-end home community. The Sellers also have 2 ADDITIONAL LOCATIONS FOR SALE: 5017 Colleyville Blvd zoned CC1-Village Retail w City approved Grant to assist w improvements (MLS 21166944)& 450 W Harwood in Hurst zoned PD (MLS 21138314). Buyer to verify all details & information provided. For more information, see the Transaction Desk.

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Commercial Active

Price

$ 499,000

Property Type

Commercial

Taxes

$ 5,886

Style

Business

Lot Size

0.538

Year Built

1948

Town/City

Colleyville

County/Region

Tarrant

MLS | Web ID

21171113
Features
General
Heating Central
Cooling Central Air Electric
Utilities City Sewer City Water
Ceiling Height 8 to10 Feet
Possession Other
Roof Composition
Exclusions Inquire with Listing Broker.
Year Built 1948
Business Type Accounting Gift Shop Professional Office Professional Service Retail Other
Property Subtype Business
Subdivision Name Thompson Terraces Sub
County Tarrant
Property Type Commercial Sale
Construction Materials Siding Wood
Year Built Details Preowned
Special Notes Aerial Photo
Status Active
Directions Going northbound from Glade Road on Colleyville Blvd Hwy 26 turn right on Thompson Terrace property is down the street on the right.
City Colleyville
Standard Status Active
Listing Terms 1031 Exchange
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Exterior
Waterfront 1
Lot Features Few Trees Lrg. Backyard Grass
Lot Size Source Assessor
Parking Features Driveway Parking Pad
WaterFront Features Creek
Lot Size .5 to < 1 Acre
Foundation Pillar/Post/Pier
Building Area Total 1119.00
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Interior
Flooring Carpet Engineered Wood Tile
Total Stories 1
Total Units 1
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Internal Only
Street Number 1 5016
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* Excluded Features
List By
Tina Leigh

Listing Agent

Tina Leigh Realty

Broker

Affordability Calculator

$3,563
Per Month
86%
14%
0%
Monthly Principal & Interest
$3,072
Monthly Property Taxes
$491
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
288163 Elementary School
288375 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
2/5/2026 $499,000 Listed Price

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5016 Thompson Terrace, Colleyville, TX, 76034 is a Commercial Property for sale at $499,000 with 1,119 sqft and a lot size of 0.538. 5016 Thompson Terrace was built in 1948. The property's zip code is 76034 which is in Colleyville, TX

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