Before you price an offer, look at what the council record shows. Most of the reported deals sit on SH 26, also called Colleyville Boulevard. In October 2025, Community Impact reported that Council approved the sale of 3.81 acres of city-owned property located at the southeast corner of John McCain Road and Colleyville Boulevard at the Oct. 21 meeting. The purchase-sale agreement is for $2.5 million. The developers, CDC Equities LLC, plan to construct Garages of America.
At the southern gateway, Community Impact reported in November 2025 that Council approved a Letter of Intent with Huntington Properties, a retail developer, for the purchase of 5.7 acres located on Acuff Lane and SH 26. Huntington Properties intends to purchase the property for over $3.1 million. A January 2026 Community Impact report said the buyer intends to purchase a 6-acre property for $3.1 million to construct commercial, retail and restaurant buildings. Closing on the property is subject to the buyer obtaining council-approved zoning changes for the intended property improvements.
The city has sold land before. ConnectCRE reported in March 2023 that "The town of just over 20,000 sold some city land to developer Woodmont." It said "The city’s agreement with Woodmont Co. was for $3.25 million." The lines quoted do not give that tract's location.
A council vote, a letter of intent or a purchase-sale agreement is not a closed sale, and a city selling its own land negotiates on terms a private seller may not have. Use these as reference points, not as comparable sales for the property you are pricing.