505 W Mcdonwell School Road Rare country acreage in one of Colleyville's most desirable settings—convenient to shopping, dining, and major thoroughfares while still offering the privacy and space of true estate-style living. This home offers “good bones” for either a traditional or mid-century remodel, or enjoy the existing open floor plan as you build your new estate home and retreat you’ve always wanted on this exceptional property. The approx. 3, 200 sq ft metal building is perfect for the car enthusiast to house your collectibles, workshop needs, or additional storage. The building includes an approx. 500 sq ft flex room with full bath, offering a perfect hobby area, spacious office, private guest quarters, or studio space. Additional highlights include: * Strong private water well for irrigation with a 3, 000-gallon storage tank! * Large estate lot with metal building * Grassed pasture ideal for animals or recreation * No HOA * Ample room for additional parking, boats, RVs, etc. A rare opportunity to own versatile acreage in a prime Colleyville location with endless possibilities to remodel, expand, or build your dream estate. Property feeds into the prestigious Keller ISD with GCISD lottery option availability. Buyer and Buyer’s agent should verify schools and eligibility with the school districts.