Why Live in The Colony
The Colony neighborhood, set along the southeastern shore of Lewisville Lake, offers a mix of outdoor adventure and suburban convenience. Less than 30 miles from Dallas, The Colony is home to Grandscape, a 400-acre indoor-outdoor shopping, dining, and entertainment destination, and major employers like Liberty Mutual and Toyota in nearby Plano. The Tribute community features waterfront properties, two golf courses, hiking and biking trails, playgrounds, and pools, with homes ranging from $500,000 to over $2 million. Other master-planned communities include Legends and Austin Ranch, offering townhouses and apartments. Attractions at Lewisville Lake include Stewart Creek Park and Hidden Cove Park, which provide swimming, fishing, boat rentals, and sports areas. The Colony hosts year-round events like the Christmas Spectacular and American Heroes celebration. Students attend highly rated schools in the Lewisville Independent School District and Little Elm High School. The Sam Rayburn Tollway connects residents to DFW International Airport, 15 miles away, and downtown Dallas, 30 miles away. Despite environmental factors like flooding and potential tornadoes, crime rates in The Colony are about half those of the state, making it safer than the national average.
Home Trends in The Colony, TX
On average, homes in The Colony, TX sell after 49 days on the market compared to the national average of 50 days. The median sale price for homes in The Colony, TX over the last 12 months is $402,495, up 5% from the median home sale price over the previous 12 months.
Median Sale Price
$402,495
Median Single Family Sale Price
$474,900
Median Townhouse Sale Price
$375,000
Median 1 Bedroom Sale Price
$322,000
Average Price Per Sq Ft
$243
Number of Homes for Sale
237
Last 12 months Home Sales
571
Median List Price
$500,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
5%