5016 Thompson Ter

Colleyville, TX 76034

$650,000
Price
2
Beds
1,119 Sq. Ft.
$581 / Sq. Ft.
1,119
Sq. Ft.
$581
per Sq. Ft.

Description

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...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.
  1. Listed by Tina Leigh • TREC #0456165 • Tina Leigh Realty • 972-824-0631

Property Details for 5016 Thompson Terrace

Subdivision Name
Thompson Terraces Sub
Structural Style
Single Detached
Pool
No
LISTING UPDATED: 01/31/2026 04:10 AM

Property Details for 5016 Thompson Terrace

StatusActive
MLS #21167060
Days on Market2
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1948
Lot Size0.54 AC / 23,435 SF
CountyTarrant County

Location

Listing Courtesy of Tina Leigh Realty, Tina Leigh
Add your commute

Building Information for 5016 Thompson Terrace

Stories1Year Built1948Building Size-Lot Size0.54 AC / 23,435 SF

Payment Calculator

$3,309 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,168

Property Taxes

$141

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5016 Thompson Terrace

Summary
Location and General Information
  • Block: 1
  • Directions: Going northbound from Glade Road on Colleyville Blvd Hwy 26, turn right on Thompson Terrace, property is down the street on the right.
  • Elementary School: Bransford
  • Elementary School Name: Bransford
  • High School: Grapevine
  • High School Name: Grapevine
  • Middle School: Colleyville
  • School District: Grapevine-Colleyville ISD
  • Geocode Confidence: High
  • Latitude: 32.88
  • Longitude: -97.15
  • State: Texas
Parking
  • Parking Features: Driveway, Parking Pad
  • Carport Spaces: 0
  • Parking Spaces Covered Total: 0
  • Garage: No
Taxes and HOA Information
  • Tax Legal Description: THOMPSON TERRACES SUBDIVISION BLOCK 1 LOT 12
  • Association Type: None
  • Tax Lot: 12
Virtual Tour
Interior and Exterior Features
Interior Features
  • Fireplaces Total: 0
  • Flooring: Carpet, Engineered Wood, Tile
  • Heating: Central
  • Interior Features: Decorative Lighting, Second Primary Bedroom
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Basement: No
  • Cooling: Central Air, Electric
  • Laundry Features: Utility Room, Full Size W/D Area
  • Living Area: 1119.0
  • Smart Home Features Appor Pass Y: No
  • Window Features: Window Coverings
  • Room and Floor: Living Room-1-1, Kitchen-1-1, Dining Room-1-1, Bedroom-Primary-1-1, Master Bedroom-1-1, Bedroom-1-1, Laundry-1-1
Exterior Features
  • Foundation Details: Pillar/Post/Pier
  • Number Of Stories: 1
  • Roof: Composition
  • Waterfront Features: Creek
  • Waterfront: Yes
  • Room and Features: Living Room-1-1, Kitchen-1-1, Dining Room-1-1, Bedroom-Primary-1-1, Master Bedroom-1-1, Bedroom-1-1, Laundry-1-1
  • Room List: Living Room, Kitchen, Dining Room, Bedroom-Primary, Master Bedroom, Bedroom, Laundry
  • Patio And Porch Features: Deck, Front Porch
  • Levels: One
Room 1
  • Room Dimensions: 0 x 0
  • Room Length: .00
  • Room Level: 1
  • Room Type: Dining Room
  • Room Width: .00
Room 2
  • Room Dimensions: 0 x 0
  • Room Length: .00
  • Room Level: 1
  • Room Type: Laundry
  • Room Width: .00
Room 3
  • Room Dimensions: 0 x 0
  • Room Features: Ceiling Fan(s)
  • Room Length: .00
  • Room Level: 1
  • Room Type: Bedroom
  • Room Width: .00
Room 4
  • Room Dimensions: 0 x 0
  • Room Features: Ceiling Fan(s), Ensuite Bath
  • Room Length: .00
  • Room Level: 1
  • Room Type: Bedroom-Primary
  • Room Width: .00
Room 5
  • Room Dimensions: 0 x 0
  • Room Features: Breakfast Bar, Granite/Granite Type Countertop
  • Room Length: .00
  • Room Level: 1
  • Room Type: Kitchen
  • Room Width: .00
Room 6
  • Room Dimensions: 0 x 0
  • Room Features: Ceiling Fan(s)
  • Room Length: .00
  • Room Level: 1
  • Room Type: Living Room
  • Room Width: .00
Property
Utilities
  • Utilities: City Sewer, City Water
Property and Assessments
  • Handicap: No
  • Loan Type: Treat As Clear
  • Restrictions: Other
  • Property Match: APN
Lot Information
  • Easements: Utilities
  • Lot Features: Few Trees, Lrg. Backyard Grass
  • Lot Size: .5 to < 1 Acre
  • Lot Size Acres: 0.538
  • Lot Size Area: 0.538
  • Lot Size Units: Acres
  • Lot Size Square Feet: 23435.28
  • Multi Parcel ID: No
  • Parcel Number: 03127486
  • Property Attached: No

Property History for 5016 Thompson Terrace

DateEvent & SourcePriceAppreciation
Jan 29, 2026

Listed (Active)

NTREIS #21167060

$499,000—
Nov 9, 2012

Sold

NTREIS #11568663

—
Oct 22, 2012

Pending

NTREIS #11568663

—
Mar 31, 2011

Listed (Active)

NTREIS #11568663

$139,900—
DateEvent & SourcePrice
01/29/2026

Listed (Active)

NTREIS #21167060

$499,000
11/09/2012

Sold

NTREIS #11568663

—
10/22/2012

Pending

NTREIS #11568663

—
03/31/2011

Listed (Active)

NTREIS #11568663

$139,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5016 Thompson Terrace

Taxable ValueLand$255,640Additions$63,360Total$319,000
Tax Record2024$1,688 ($141 / month)
Home Facts
Beds3Total Finished SqFt1,119 SqFtAbove Grade Finished SqFt1,119 SqFtStories1Lot Size23,414 SqFtStyleSingle Family ResidenceYear Built1948Year Renovated1995CountyTARRANTAPN41980-1-12

Schools near 5016 Thompson Terrace

This home is within Grapevine-Colleyville Independent School District.
Rating
School
Type
Grades
Distance
Bransford Elementary School
Public - PK to 5
Colleyville Middle School
Public - 6 to 8
Grapevine High School
Public - 9 to 12
The Bridges Academy Alternative School
Public - 9 to 12
Rating
School
Distance
Bransford Elementary School
PublicPK to 5

Colleyville Middle School
Public6 to 8

Grapevine High School
Public9 to 12

The Bridges Academy Alternative School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 5016 Thompson Terrace, Colleyville, TX 76034

5016 Thompson Terrace is a single family home for sale in Colleyville, TX 76034. This property was listed for sale on January 29, 2026 by Tina Leigh Realty, it's currently listed at $650,000. It has been on the market for a total of 2 days and was last sold on November 9, 2012. This listing's school district is Grapevine-Colleyville Independent School District. Nearby schools include Bransford Elementary School, Colleyville Middle School and Grapevine High School. 5016 Thompson Terrace is a 2-bed, 2-bath, 1,119 sqft single family home built in 1948.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Tina Leigh Realty, Tina Leigh

The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 01/31/2026 04:10 AM