Location! Location! Location! Currently zoned R-20 for residential use. Buyer to verify zoning with the City of Colleyville. A must see with potential for possible commercial use in the heart of a thriving business and high-end home community. Sellers also have a commercial property for sale located at 5017 Colleyville Blvd, which is accessible from this property's backyard from the walkway to the bridge... a perfect place to conduct business nearby. This adorable property has been updated and is currently being used as a residence sitting on over half an acre, with concrete parking pad, and a backyard deck that faces the creek. As you arrive, you'll notice it's inviting drive-up appeal with wood frame and siding exterior, covered front porch, and large lot with trees. Upon entry, you'll immediately notice it's open concept with combination living area and dining are open to the kitchen. The kitchen and dining are separated by a long breakfast bar. The kitchen includes a dishwasher, sink, microwave, electric range, and refrigerator. There are 2 bedrooms with ensuite bathrooms, and a laundry room with room for a full-size washer and dryer. Buyer to verify all information. See Transaction Desk for additional information.
Listed by Tina Leigh
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Tina Leigh Realty
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972-824-0631
Last updated January 30, 2026
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Source: NTREIS #21167060
Listing Facts
TypeSingle-family
NeighborhoodSouth Central Colleyville
Bedrooms2
Bathrooms2
Days on Prevu2
Size1,119 sqft
Price per sqft$581
Amenities
Dishwasher
Private Outdoor Space
Pets Allowed
Air Conditioning
Parking
Location
Mortgage Calculator
Listing History
01/31/2026
Price Increased
$650,000
01/29/2026
Listed by Tina Leigh Realty
$499,000
Property Details for 5016 Thompson Terrace
Exterior
Construction
Roof: Composition
Window Features: Window Coverings
Year Built: 1948
Features
Patio And Porch Features: Deck, Front Porch
Waterfront Features: Creek
Waterfront: Yes
Measurements
Lot Features: Few Trees, Lrg. Backyard Grass
Lot Size Acres: 0.53
Lot Size Area: 0
Lot Size Square Feet: 23,435
Lot Size Units: Acres
Financial
Taxes
Parcel Number: 03127486
Interior
Features
Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
Flooring: Carpet, Engineered Wood, Tile
Interior Features: Decorative Lighting, Second Primary Bedroom
Measurements
Living Area: 1,119
Rooms
Bathrooms Full: 2
Bathrooms Total Integer: 2
Bedrooms Total: 2
Other
Location
Subdivision Name: Thompson Terraces Sub
Tax Block: 1
Tax Lot: 12
Parking
Parking
Parking Features: Driveway, Parking Pad
Schools
Elementary School
Elementary School: Bransford
Utilities
Equipment
Cooling: Central Air, Electric
Heating: Central
Laundry Features: Utility Room, Full Size W/D Area
Utilities: City Sewer, City Water
Frequently Asked Questions
How many bedrooms and bathrooms does this single-family home have?
There are 2 bedrooms and 2 bathrooms in this single-family home at 5016 Thompson Terrace .
What schools are nearby to 5016 Thompson Terrace ?
Nearby schools include the Bransford Elementary School.
How does 5016 Thompson Terrace compare to other single-family homes in South Central Colleyville?
This single-family home is listed 72% below the average price for single-family homes in South Central Colleyville and has been on the market for 42 less days than the typical home in this area.
What is the square footage on this single-family home?
According to the MLS, this listing is 1,119 sqft.
5016 Thompson Terrace is a 2-bedroom, 2-bath single-family home for sale in Colleyville Texas 76034. Listed on Prevu for 2 days at $650,000. This includes a recent price increase of $151,000. This home features 1,119 square feet of living space, located in Colleyville. The median listing price for single-family homes in this area is $2,299,000. Nearby schools include Bransford Elementary School. Property amenities include private outdoor space, dishwasher, pets allowed, air conditioning, and parking. Browse more single-family home listings in Colleyville.
Based on information from NTREIS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.