5016 Thompson Terrace, Colleyville, Texas

$499,000

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2

Beds

2

Baths

1,119

Square feet

0.54

Acres

About 5016 Thompson Terrace

Location! Location! Location! 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. 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. 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.

Status Change History

Apr 10, 2026 Status Changed from Pending to Closed Closed
Mar 16, 2026 Status Changed from Active Under Contract to Pending Pending
Mar 7, 2026 Status Changed from Active to Active Under Contract Active Under Contract

Features of 5016 Thompson Terrace

MLS® # 21167060
Price $499,000
Bedrooms 2
Bathrooms 2.00
Full Baths 2
Square Footage 1,119
Acres 0.54
Year Built 1948
Type Residential
Sub-Type Single Family Residence
Status Closed

Community Information

Address 5016 Thompson Terrace
Subdivision Thompson Terraces Sub
City Colleyville
County Tarrant
State Texas
Zip Code 76034-5801

Amenities

Utilities City Sewer, City Water
Garages Driveway, Parking Pad
Is Waterfront Yes
Waterfront Creek
Has Pool No

Interior

Interior Features Decorative Lighting, Second Primary Bedroom
Heating Central
Fireplace No

Exterior

Lot Description Few Trees, Lrg. Backyard Grass
Roof Composition
Foundation Pillar/Post/Pier

School Information

District Grapevine-Colleyville ISD
Elementary Bransford
Middle Colleyville
High Grapevine

Additional Information

Date Listed January 29th, 2026
Date Sold April 10th, 2026
Days on Market 229

Listing Details

AgentTina Leigh
OfficeTina Leigh Realty
Contact Info972-824-0631

Listing Map

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