Set along the southeastern shore of Lewisville Lake—which includes two peninsulas—The Colony offers outdoor adventure mixed with suburban convenience. This city of 45,000, less than 30 miles from Dallas, is home to Grandscape, a 400-acre indoor-outdoor shopping, dining and entertainment destination. It's one of The Colony's largest employers, along with companies in nearby Plano such as Liberty Mutual and Toyota, whose North American headquarters employs over 6,600 people. "Shopping and entertainment are all draws, but at the end of the day, it's all about what people can afford," says Realtor Sandon Smith, who runs his team through BK Real Estate LLC and specializes in the area. "You can still find homes in The Colony in the $300,000 range and be close to downtown [Dallas]."
The Colony is a growing community that rests along the eastern shore of Lewisville Lake.
Grandscape is the perfect destination to bring the family for some food, fun and shopping.
Residents of The Colony can get their shopping done at Target.
Nothing quite like a family adventure at Grandscape.
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Waterfront properties in The Tribute community
The median home price in The Colony is $460,000, but modest homes built in the 1970s and '80s can be found in the $250,000 to $275,000 range. The Tribute is a master-planned community set on a peninsula that juts into Lewisville Lake and includes two golf courses, hiking and biking trails, playgrounds and pools. Properties, which include townhouses and single-family homes built in the late 2000s, range from around $500,000 to over $2 million for those with water or golf course views. Less-pricey master-planned communities include Legends, with homes priced from around $400,000 to the mid-$500,000s. The Austin Ranch neighborhood is located south of Sam Rayburn Tollway near the Arbor Hills Nature Preserve and includes townhouses priced in the $400,000s and several apartment communities.
You will find luxurious one story homes in The Colony with manicured lawns.
You can find some amazing homes with large expansive yards for the family to play in.
Single family brick homes sit on well-maintained lawns.
New subdivisions pop up frequently in The Colony.
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Kayaking at Hidden Cove Park
Lewisville Lake is one of the largest lakes in North Texas, spanning over 29,000 acres. Stewart Creek Park and Hidden Cove Park are pay-to-visit spots on the lake, with swimming and fishing areas, boat rentals, playgrounds and sports areas. Hidden Cove Park is the largest recreation area on the lake, with amenities including a full-service marina and restaurant. Stewart Peninsula Golf, set on Stewart Peninsula, is a 9-hole golf course, and on the neighboring peninsula are two 18-hole courses at The Tribute; all are open to the public. Community parks in the city include Kid's Colony Park, which features an all-inclusive playground, splash pad and basketball courts, and The Colony Wheel Zone Bike & Skate Park.
Grandscape is a vast entertainment complex anchored by a 300-foot Ferris wheel. It features a go-kart venue, mini golf courses, a movie theater, escape rooms and an outdoor stage with live music.
Hidden Cove Park and Marina is just the place to go boating with the family.
Stewart Peninsula Golf is an amazing nine hole golf course located in The Colony.
PopStroke is the place of choice for the locals of The Colony to go to for outdoor fun.
The Five Star Complex offers baseball and softball fields for exciting games.
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Playing, shopping and dining at Grandscape
In addition to all the activities at Grandscape, there are also shopping and dining. "While it is primarily an entertainment destination, it is the only mall in our little city," says Brenda Patton, an associate broker with Ebby Halliday Realtors. Beer-oriented spots there include Windmills Brewery, Rock & Brews and Truck Yard, a local chain with an outdoor beer garden. Stores include SCHEELS, a vast sporting goods shop complete with a saltwater aquarium and indoor Ferris wheel.
Beyond Grandscape are smaller shopping centers like The Colony Crossing on Highway 121, which has several small businesses and eateries. It's less than 10 miles to Plano, where there's high-end shopping at Legacy West and big-box stores like Dillard's and Macy's at The Shops at Willow Bend. Stonebriar Centre, in nearby Frisco, is another large mall with chain restaurants.
Windmills is a microbrewery and international eatery offering live music in Austin Ranch.
Commercial businesses are located throughout The Colony.
The Colony locals can make a short trip to Stonebriar Centre Mall to browse all the shops.
Kroger is the place of choice for picking up a little something for dinner on your way home.
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Year-round events in The Colony
The Colony hosts community events and celebrations year-round. The Colony Christmas Spectacular takes place throughout December; residents can drive through a display at the Central Fire Station and listen to holiday ballads set to a light show display. The city supports veterans and military members every Veteran's Day with an American Heroes celebration featuring a car show, food trucks and a carnival. Every Fourth of July, there's a fireworks show at Stewart's Peninsula.
Residents of The Colony eagerly anticipate the festivals and concerts held regularly.
Families gather for fun at many event sessions in The Colony.
At Sounds of Summer on The Stage at Grandscape, different bands take to the stage each week.
Many locals enjoy the time outdoors at Sounds of Summer on The Stage at Grandscape.
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Served by well-rated Lewisville ISD and Little Elm ISD
Students in The Colony are served by the Lewisville Independent School District, earning an A from Niche, and the Little Elm Independent School District, scoring a B. Little Elm High School receives a B-plus and offers technical training in various career pathways, including culinary arts, sales, law enforcement and marketing.
Hackberry Elementary School in Little Elm has a strong focus on academic achievement.
Little Elm High School has over 2,000 students working towards a bright future.
Jerry R. Walker Middle School staff believes meaningful work engages students in learning.
Arbor Hills Middle School in Carrollton provides modern facilities for an enhanced experience.
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The Sam Rayburn Tollway connects to Dallas
The city has no public transportation, but there is a Park & Ride stop in nearby Plano. The Sam Rayburn Tollway connects residents to the DFW International Airport, about 15 miles away, and to Interstate 820, which leads to downtown Fort Worth, about 45 miles away. The nearby Dallas North Tollway runs south directly in downtown Dallas, 30 miles away. Trinity North Medical Plaza is the area's main hospital, along Main Street.
Crime and environmental factors in The Colony
Homes closer to Lewisville Lake are prone to flooding. The city also experiences excessive heat in summer and potential tornadoes. Crime rates in The Colony, for both violent crime and property crime, are about half those of the state.
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On average, homes in The Colony, TX sell after 55 days on the market compared to the national average of 55 days. The median sale price for homes in The Colony, TX over the last 12 months is $454,900, down 4% from the median home sale price over the previous 12 months.
INCREDIBLE BUYER INCENTIVES: $4,000 MORTGAGE CONCESSION. Opendoor Home Loans will contribute up to $4,000 towards a permanent interest rate buy-down if you finance with Opendoor Home Loans LLC.4526 S Horseshoe Trl is a two-story The Colony home with a functional layout and modern finishes throughout. The kitchen features stainless steel appliances, quartz countertops, and abundant cabinet
Beautiful executive custom Steve Roberts home overlooking the 5th hole of Stonebriar Country Club! This stunning single-story residence offers an exceptional golf course lifestyle with a rare three-car garage and a spacious backyard featuring a mature shade tree. Inside, elegant details include rich wood floors, plantation shutters, 12-foot ceilings, and extensive crown molding. The open-concept
Beautiful Sotherby built zero lot line home in desirable King's Ridge offering an open, functional floor plan designed for comfortable living and entertaining. The front of the home features an elegant Study with a fireplace and a spacious Formal Dining Room with access to the private backyard retreat. The Chef's Kitchen is equipped with a large island breakfast bar, double ovens, abundant
A rare opportunity to own a 3-bedroom, 2.5-bath home with 1,714 square feet on an exceptionally oversized lot near Lewisville Lake. The spacious interior features a large living area with vaulted ceilings, abundant natural light, and a brick fireplace. All bedrooms are privately located upstairs, while a convenient half bath serves the main level. Step from the upper level onto the newly
A MUST SEE! Welcome Home to a very clean, a must see 2 story, 4 bedroom 3 and half bath home with a Study or Office, nestled in the Gated Community of The Enclave at Hidden Cove Subdivision in Frisco.Downstairs features a Study-office, a large open kitchen, a large living room with a fireplace, a half bath and a large storage space under the stairs!Upstairs -OMG... ALL bedrooms are
Welcome to your dream home at 8365 Western in the stunning Tribute Lakeside Golf and Resort Community! This contemporary home offers an impressive 3,910 square feet of living space on a massive 60 foot corner lot, designed for both comfort and style. Step inside to discover a spacious layout featuring four generously sized bedrooms and four and a half luxurious bathrooms, perfect for
**EXCEPTIONAL VALUE FOR NEARLY 3,000 SQ FT, A PRIVATE POOL, EXTENSIVE UPDATES AND AN OUTSTANDING LOCATION** Beautifully updated with an incredible backyard and a location that puts some of the area's best shopping, dining, entertainment and recreation within easy reach. This spacious 4-bedroom, 2.5 bath home offers a flexible floor plan featuring a first-floor primary suite, formal dining, open
This charming home is a great opportunity for investors, first time buyers, or buyers simply looking to create a home that truly reflects their own style. This 3 bedroom, 2 bathroom home features a comfortable layout with both a formal dining room and a spacious living room, providing plenty of room for entertaining and everyday living.The home is in need of cosmetic updates, making it an
WOW! Priced to sell and move-in ready! This beautifully updated 3-bedroom, 2-bath home offers a perfect blend of comfort, style, and functionality. Step inside to discover brand-new luxury vinyl plank flooring throughout the entire home, with ceramic tile in the kitchen for easy maintenance and durability. The formal living and dining areas provide the ideal space for entertaining family and
A long vaulted entry creates an impressive first impression while also providing privacy between the front door & the main living area. Thoughtfully designed for both comfort & function, this home offers a split bedroom layout with the secondary bedrooms positioned at the front of the home with their own bathroom, while the private primary suite is tucked away at the rear. There is no carpet,
Recent updates, including a NEW ROOF made to this 4-bedroom, 2 bath home located in The Colony and zoned to Lewisville ISD! Featuring new carpet in the bedrooms, new ceramic tile in the kitchen and fresh paint, this home offers nice updates as well as granite counters and engineered wood flooring. The converted garage with its own entrance provides a flexible space that can serve as a 4th
*** NEW PRICE: $745,000! OWNER FINANCING AVAILABLE WITH 25% DOWN! Seller offering up to $10,000 toward buyer’s closing costs or interest-rate buydown with acceptable offer. Experience modern waterfront luxury in this custom-built contemporary home overlooking Lake Lewisville. Offering approximately 2,500 SF, this exceptional residence features 3 bedrooms, 3.5 designer baths, a dramatic 25-foot
Lakeside luxury meets resort-style living in this exceptional Highland Homes residence on a premium lot backing to a peaceful cove of Lake Lewisville in the highly sought-after master-planned community of The Tribute. Showcasing Highland’s premier amenity package, quality craftsmanship, and extensive upgrades, this 5-bedroom home offers an ideal floor plan with two bedrooms downstairs, each with
Two-story entry with 20-foot ceiling. Home office with French doors set at entry. Formal dining room. Kitchen features an island with built-in seating space, walk-in pantry and Butler's pantry. Morning area features a wall of windows. Two-story family room with a corner fireplace and a wall of windows. Secluded primary suite with a wall of windows. Primary bath with double door entry features
Home office with French doors at entry. Guest suite on the first floor. Expansive family room with 20-foot ceiling, fireplace, and a wall of windows. Adjacent dining area with a second fireplace flows into the kitchen, which offers an island with seating and a walk-in pantry. Private primary suite with large windows. Luxurious primary bath with glass-enclosed shower, dual vanities, and dual
BRAND NEW! Discover a new realm of luxurious living in the Tribute's newest community, where contemporary design meets unparalleled comfort. Nestled in the heart of a vibrant community, these brand new single-family homes redefine urban living with their thoughtful architecture and upscale amenities. This home showcases sleek, modern architecture that seamlessly blends with the surrounding
Set your base camp at Flatiron District at Austin Ranch. Our newly renovated one, two, and three-bedroom homes offer a next-level living experience in The Colony, Texas. This lush, walkable community is your connection to the local neighborhood, modern amenities, and vacation-style relaxation. Take advantage of one of the five on-site swimming pools or two state-of-the-art fitness centers, or
AVAILABLE 06.01.26! Discover elevated comfort in this FULLY FURNISHED rental, thoughtfully designed for traveling professionals and insurance housing clients. Short-term lease options are available. This beautifully updated residence offers a spacious open floor plan with 4 bedrooms, 2 full bathrooms, and an impressive outdoor oasis featuring a resort-style pool and heated spa. The interior
Welcome to Jefferson Marquee, where every day is an encore performance of upscale living. Nestled in Lewisville’s exclusive Castle Hills community, our residences include versatile live-work options and stylish one-, two-, and three-bedroom floorplans. Residents enjoy star-studded amenities like a resort-style pool, scenic courtyards, and a yoga studio, all surrounded by ground-floor retail and
FULLY FURNISHED! Experience turnkey living in this beautifully furnished home, ideal for traveling professionals, corporate stays, and insurance housing clients. Flexible short-term lease options available. This thoughtfully updated residence features 3 spacious bedrooms, 2 full bathrooms, and an inviting open-concept layout designed for both comfort and functionality. The modern kitchen is
Located just off the Sam Rayburn Tollway, our apartments near Lewisville Lake put you in the heart of The Colony, TX. Designer features like granite countertops and crown molding will make you proud to call any of our one, two, and three-bedroom apartments for rent in The Colony, TX home. A quick commute to Toyota Headquarters and walkability to surrounding shopping and dining spots make
NEW SINGLE FAMILY HOMES! Discover a new realm of luxurious living in the Tribute's newest community, where contemporary design meets unparalleled comfort. Nestled in the heart of a vibrant community, these brand new single-family homes redefine urban living with their thoughtful architecture and upscale amenities. This home showcases sleek, modern architecture that seamlessly blends with the
Located in the heart of The Colony, Terra is a vibrant community surrounded by the best DFW has to offer. From the sprawling retail and entertainment at Grandscape to the designer boutiques and al fresco dining of Legacy West, there's always something to explore just minutes from your door. At home, you'll find a welcome retreat — sophisticated shared spaces, premium finishes, and a full suite of
Welcome to Tapestry at The Realm, where luxury, nature, and community come together to create a one of a kind apartment living experience in the heart of Lewisville TX. Tapestry blends timeless mid century charm with modern elegance, offering a warm, authentic lifestyle that invites relaxation, connection, and a true sense of home. As one of the premier luxury apartments in Lewisville TX, our
This nice, updated 4-bedroom, 2-bath home offers an abundance of living space. The flexible floor plan includes two living areas and two dining areas, providing plenty of room for entertaining and everyday living. The main living room features a cozy wood-burning fireplace and opens to the formal dining room. The updated kitchen with newer oven that was replaced two years ago and new kitchen sink
At Jefferson Grandscape, residents enjoy a new way of life, where modern, sleek architecture meets laid-back community energy. These brand-new apartments in The Colony, TX feature efficiently laid-out studio, 1-, 2-, and 3-bedroom floor plans that boast high-end finishes and smart home features. Just steps from Grandscape, our upscale apartment community offers the best of comfort, convenience,
There's a sprawling section of untouched land outside of Lake Lewisville, hidden in one of the largest metropolitan areas in the country. Austin Ranch is one of The Colony's serene communities, close to nature preserves and a convenient commercial district. "It's just a good location- close to the airport and 121. It's a few minutes to the nature preserve," says local Realtor Rusty Pierce with RE/MAX, who has over 23 years of experience. "The preserve is huge, and there are a lot of popular hiking and biking trails." In addition to its location, Austin Ranch offers spacious new homes and A-rated schools, drawing families and those seeking a convenient Metroplex suburb.
Arbor Hills Nature Preserve is a scenic 200-acre park with plenty of room for walking, jogging, hiking and other outdoor activities. The preserve has 3 miles of natural, unpaved hiking trails and 2.8 miles of off-road cycling trails surrounded by sagebrush and mesquite trees. The observation tower looks east, offering sweeping views of Plano and surrounding areas. The playground has several climbing features and slides for kids to enjoy, making this a great place to spend time with the whole family.
Residents also enjoy access to Lewisville Lake, less than 5 miles from the neighborhood. "The lake is a huge part of life in this area," says Realtor Bryan Edwards. Edwards is with eXp Realty and has 12 years of experience. "People are always taking out the boat, kayaking or fishing. It's a popular place." Visitors can visit any of the lake's waterfront parks, including Stewart Creek Park. The park features a swimming beach, a fishing pier and a boat launch.
Most of what residents find in this growing community are subdivisions, giving it a classic suburban feel. Contemporary Craftsman styles and Colonial Revivals tend to be close together, while more established brick and stone New Traditional homes are more spread out. Backyard pools and entertainment spaces are common, while front yards are tidy and adorned with well-maintained sidewalks and picture-perfect landscaping. Prices here typically range between $700,000 and $1 million, with larger traditional homes listed on the upper end.
Austin Ranch also offers townhouses and condos in the neighborhood's eastern edge. These new developments have many units mixed in among small parks, pools and community spaces. Prices here typically cost between $400,000 and $475,000. The community is also known for its two mixed-use apartment developments in the neighborhood, The Hudson and Austin Square.
The A-rated Lewisville Independent School District serves Austin Ranch families. Students start at Tom Hicks Elementary, which earned an overall A grade on Niche, before filtering into Arbor Creek Middle, which also earned an A. Secondary students will attend Hebron High, which earned an A-plus on Niche. The school is known for its successful athletics program, with its volleyball team winning five state championships. Prestonwood Christian Academy is a private school that serves the neighborhood, earning an A+ rating from Niche.
Along Highway 121, residents can access many dining and retail options in various shopping centers. There are big box stores like Target, grocery stores like Kroger and several restaurants. Burning Rice is a build-your-own-bowl Korean restaurant, while Rockfish Seafood and Grill is an upscale surf-and-turf bistro perfect for date night. Less than a mile away, Grandscape Mall offers a movie theater, furniture stores, boutiques, coffee shops and breweries. There's also a pavilion with live music and seasonal holiday lights. Other gems in the neighborhood include The Shacks, a food hall with a dog-friendly patio and a dog park. Truck Yard Beer Garden has a ton of open, outdoor seating, live music and regular food trucks.
Highway 121 and Sam Rayburn Tollway borders Austin Ranch, connecting to Interstate 35 and I-635. Its position close to the highway makes it easy to commute to work or connect to the offerings of other Metroplex communities. Plano is about 15 miles from the community, while Dallas is 25 miles away and Fort Worth is 40 miles away. Several medical centers are nearby, including the neighborhood's Colony ER Hospital and Medical City Lewisville, 6 miles away. When residents need to travel outside the DFW Metroplex, Dallas-Fort Worth International Airport is only 15 miles from Austin Ranch.
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