Colleyville

Colleyville sits between Grapevine and the Mid-Cities, and it is doing something almost nothing else in Tarrant County is doing: going up.

Over the three years ending September 2026 it produced 1,037 closed sales across 275 subdivisions, at a median of $979,000 on a median lot of 17,511 square feet — roughly two-fifths of an acre, twice the typical lot in the Mid-Cities. I'm a Texas broker and a Certified Residential Appraiser. Here is what those sales show.

Values are rising, and the result holds

Controlling for house size, lot size and build year, values in Colleyville are up 2.39% a year, significant at p = 0.004.

I have measured close to fifty markets across Fort Worth and northeast Tarrant County over the past year. Nearly all of them are flat or falling. Colleyville is one of three that are genuinely rising, alongside Southlake and Keller, and the result survives every cut I put to it: single-family only returns +2.49% (p = 0.003), and excluding anything built since 2020 returns +2.56% (p = 0.0001).

The medians say the same thing without any modelling at all:

Price per foot up roughly 9% over the window, on 1,037 sales. That is not a mix effect and it is not noise.

Three school districts, and one of them is a discount

Colleyville is cut across by three districts: Grapevine-Colleyville ISD covers 810 sales, Keller ISD 165, and Hurst-Euless-Bedford ISD 61.

Measured against the Grapevine-Colleyville baseline, controlling for house size, lot size, build year and date:

That HEB figure is the largest school-related discount I have measured, and I want to be careful about what it means.

Those sixty sales sit in a specific corner of Colleyville — the southern edge, nearest Hurst — and they run older and smaller: a $675,000 median on 2,878 square feet built in 1982, against $952,500 on 3,644 square feet built in 1995 for the Grapevine-Colleyville side. The model removes size, lot and vintage, so the 18.8% is net of those. But the school boundary and the geographic edge are the same sixty houses, and no amount of controlling separates a district from a location when they perfectly coincide.

So the honest statement is: the HEB-zoned corner of Colleyville trades at a substantial discount to the rest of the city. How much of that is the district and how much is simply being at the edge, I cannot tell you from this data. Either way, it is the largest single adjustment in a Colleyville valuation and it is invisible in any per-foot average.

What it costs, and what it costs to hold

• Median close $979,000 on 3,700 square feet — about $271 per foot
• Median lot 17,511 square feet; median build year 1997
• Closed prices ran $230,000 to $6,995,000
• Median 16 days on market at 97.4% of original list; 36.7% under contract within a week
• Effective property tax rate about 1.35%
• 62.3% of sales had a pool
• 75% carry HOA dues, at a median of $810

Two of those deserve attention because they cut in opposite directions.

The tax rate is among the lowest in the county. At 1.35%, a $979,000 Colleyville house carries about $13,200 a year. The same house at north Fort Worth's 2.26% would carry $22,100 — a difference of roughly $740 a month. In an expensive market that gap compounds into real money over a holding period.

The HOA figure runs the other way. Three-quarters of sales carry dues at a $810 median, against $290–$405 in the Mid-Cities and none at all on most of the older Fort Worth stock. That is roughly $9,700 a year, and it substantially offsets the tax advantage. Anyone comparing Colleyville to a cheaper market on monthly cost needs both numbers in the calculation, not just the friendlier one.

Square footage does almost all the work

The model here is unusual in two respects.

The size coefficient is 0.956 — and 0.989 on single-family only. That is close to perfectly proportional, which means a price-per-foot figure behaves better in Colleyville than in almost any market I measure. Compare it to 0.538 in Euless, where per-foot multiplication badly misleads.

And build year does not predict price at all — 0.00%, p = 0.92. Like Bedford, though for a different reason: Colleyville's stock is concentrated between 1980 and 2010, and within that band the market appears not to care much about the exact year.

One caution on both. When I exclude houses built since 2020, the size coefficient drops to 0.670 and vintage reappears at +1.01%. That instability suggests recent construction is doing more work in the model than I'd like, and it's a reason to treat these two particular figures as descriptive rather than settled.

Lot size is a steadier finding at a coefficient of 0.14 to 0.24 depending on specification, always at p < 0.0001. On lots averaging two-fifths of an acre, land is genuinely part of what you're buying here in a way it isn't in Bedford or Hurst.

How Colleyville compares

The pattern across that table is hard to miss and worth stating plainly: in this county, the expensive end is appreciating and the affordable end is not. Southlake, Colleyville and Keller are rising. Grapevine and the Mid-Cities are flat. Across Fort Worth, seventeen of thirty-six measurable ZIP codes are losing value, concentrated in the cheaper half of the city.

That is a finding about the market, not a recommendation. It does not mean Colleyville is a better purchase — a house that costs two and a half times as much has to appreciate to justify the difference, and past performance is not a forecast. It does mean the two ends of this county are not experiencing the same market.

What I look at in a Colleyville house

• Which of the three districts. The spread between the Keller corner and the HEB corner is close to 25 percentage points, and the boundaries do not follow subdivision names.
• The lot. At a 17,511-foot median with a quarter of sales above 21,000, land is a real component here rather than a footnote.
• The HOA and what it covers, at a $810 median across three-quarters of the market. In gated and amenity communities that number goes considerably higher.
• Whether there's a pool. At 62.3% it is the norm, and its absence is what stands out in a comparable set.
• Roof, HVAC and windows. A median 1997 build is at or past the age where all three come due, and in North Texas hail sets the roof clock.
• The tax figure on the listing, which is the seller's. On a million-dollar house the gap between a capped homestead assessment and the reset figure is large enough to change what you can afford.

If you're selling in Colleyville

You are in one of the three appreciating markets in the county, and the transaction numbers are strong: sixteen days to contract, more than a third of sales spoken for inside a week, and a parcel-level failure rate of 10.7%.

Two things decide your number. The first is which district you're in, and the spread there is wider than most renovations. The second is condition, because with build year not predicting price in this market, what has and hasn't been replaced is carrying the variation that vintage carries elsewhere.

On what's worth doing first, the order matters more than the budget — I tested fourteen common improvements against 33,000 closings in what to fix before you list, and in what order, and three measured at zero. If the work needs doing and the cash is tied up in the house, Compass Concierge covers it up front and is repaid at closing.

Buying or selling in Colleyville

A thousand sales, two hundred and seventy-five subdivisions, three school districts with twenty-five points between the best and worst of them, two-fifths-of-an-acre lots, and one of only three genuinely rising markets I can find in this county.

What I can tell you is what the closed sales on houses your size, your lot and your district actually support, how wide the range around that is, and what the property will cost every month once the assessment resets and the dues are in the number.

Browse active listings in this price range, or call or text (682) 207-4310, or send me a note.

Figures are medians and model results from NTREIS listings and closed sales in Colleyville for the three years ending September 2026, reported in aggregate. School attendance boundaries, tax rates, HOA dues and market conditions change — confirm current figures for a specific address before relying on them. Nothing here is an appraisal or a valuation of any particular property.