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$924,800

7016 Benjamin Way, Colleyville, TX, 76034

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,972 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$311.17 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt In Refrigerator, Double Oven, Dishwasher, Electric Oven, Gas Cooktop, Disposal, Microwave, Tankless Water Heater, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Exterior FeaturesGas Grill, Lighting, Outdoor Kitchen, Outdoor Living Area, Permeable Paving, Rain Gutters
Lot Size7,196 sqft

Building Information

Year Built2014
Garage Spaces2

Land Information

APN39285-B-10
Lot Number10
SubdivisionSomerset Manor
Land UseResidential
Legal DescriptionSOMERSET MANOR BLOCK B LOT 10
Census Tract113640
Assessed Land Value$82,600
Assessed Improvement Value$675,097
Assessment Year2025

About this property

Luxury, quality and effortless living come together in this exceptional Colleyville home! Impeccably maintained and truly move-in ready even for the most discerning, this stunning house offers many exceptional upgrades: soaring 12-ft ceilings, 8-ft solid core interior doors, modern wide-louver plantation shutters, designer lighting, premium extra-tall kitchen cabinetry, built-in refrigerator, double ovens, Monogram gas cooktop, $25,000 Taj Mahal quartzite counters including an 8-ft long island, fantastic you-won't-want-to-leave covered outdoor living space complete with easy gas log fireplace, motorized shades, privacy landscaping, cedar wood ceiling and beautiful outdoor kitchen amenities!! This home has 3 bedrooms PLUS a private office all downstairs with media room and large game room upstairs. 3-car garage! New 2026 roof! Enjoy this desirable gated community's scenic walking paths, gazebo and lovely stocked pond all just 2 minutes away from a wide array of shopping and dining options. Pristine, sophisticated and beautifully appointed - this home is a rare opportunity!!

Investor Tools

$335,154Estimated Mortgage Balance
$629,846Estimated Equity
65% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,790 /month
Positive
Cash Flow Estimate:
$1,930 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,017/month
$862/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,384
$757,697
2025
$82,600
$675,097
$757,697
No

Tax History

Year
Tax Paid
Assessed Value
2026
$7,384
$757,697

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$372,000
No
First
Aug 13, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$335,154
$629,846
65%
35%
$2,231/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,430/mo
$3,093/mo
+$337/mo
4.3%

City: Colleyville