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5016 Thompson Terrace Colleyville, Texas 76034

For Sale

$650,000

Smart Buyer Rebate $6,500

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.

Full MLS Disclaimers

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.