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Colonial Park

Colonial Park

$379,107 Average Value
$193 Average Price per Sq Ft
1 Home For Sale
Aerial view of the University area in Colonial Park.
Aerial view of the University area in Colonial Park.

Southeast means central in Wichita Falls

Five miles from downtown, Colonial Park is a bedroom community in the southeastern section of Wichita Falls. Still, Debbie Dobbins, a Realtor with Love to the Moon Inc., LLC, says it's closer to amenities than other neighborhoods more central to the city. "I mean literally, you could be at the university, the mall, the major shopping, which is caddy corner from the mall, and any of the freeways in less than 7 minutes," Dobbins says, who's sold homes here for 30 years and runs her own YouTube channel devoted to Wichita Falls. Residents can walk to Midwestern University if they want to, as it's less than a mile away, and the city's largest green space, Weeks Park, is connected to Colonial Park via a trail system. When they aren't golfing, locals can head to the art galleries at the university, or to Sikes Lake for fishing. Downtown has a growing gastropub scene and is a major site for local events. One of the area's largest employers, Sheppard Air Force Base, is just 10 miles north.

You can design your own front yard with well maintained garden in Colonial Park.
You can design your own front yard with well maintained garden in Colonial Park.

Rambling ranch styles starting in the low $300,000s

Colonial Park is suburban and mature, with tall trees and sturdy brick homes built from the '60s to the '80s. “It's such a sprawling neighborhood. You're not sitting on top of your neighbors,” Dobbins says. Front yards are dotted by tall trees that billow with leaves during spring and summer. Backyards are extra spacious, sometimes with in-ground pools and trampolines. Aside from the occasional custom-built home, rambling brick ranch-styles built with alleyway garages are almost everywhere. Some properties look brand-new, with painted exteriors and sleek midcentury-modern door numbers, but most maintain a vintage, red brick facade. Homes here are larger by Wichita Falls standards. "Four bedrooms is more common there. I call four bedrooms in Wichita Falls unicorns," Dobbins says. Prices generally range from the low $300,000s to the mid-$400,000s depending on square footage. Homes surrounding Holliday Creek, which flows along the western side of the neighborhood, may be subject to flooding. Severe storms also bring hail and mini tornadoes. Droughts are cyclical and sometimes cause wildfires that can affect homes and businesses. The city conserves water by limiting the use of yard sprinklers from 10 a.m. to 7 p.m. year-round.

Legacy High School is one of the largest in the area.
Legacy High School is one of the largest in the area.

Wichita Falls Legacy High School adapts to different learning styles

Students start at Franklin Elementary School before heading to McNeil Junior High, both rated B on Niche. From there, they filter into Wichita Falls Legacy High School, which
opened in 2024 and is too new to have a Niche score. The local college, Midwestern State University, offers a 90% acceptance rate and costs around $10,000 annually after aid for in-state tuition. Parents travel just over 4 miles southwest to watch the local high school and college football games.

There are great Health Care facilities available in Wichita Falls.
There are great Health Care facilities available in Wichita Falls.

About 4 miles from United Regional Health Care System

Falls Ride operates a bus route less than a mile north of the neighborhood on Midwestern Parkway. The transportation service also offers on-demand buses locals can schedule ahead of time. Houses of worship within a mile and a half of homes include City Hope Church and Heritage Church. United Regional Health Care System is less than 4 miles north via Weeks Park Lane when care is needed. Sheppard Air Force Base, a major area employer, is around 10 miles north following Interstate 44. The Wichita Falls Regional Airport is at the base, offering flights to Dallas Fort Worth International Airport through American Airlines.

The Champions Course golf facility is perfect for a Tee time.
The Champions Course golf facility is perfect for a Tee time.

The golf course at Weeks Park is next door

Weeks Park is Colonial Park’s next-door neighbor, and locals can walk to it from the namesake road, Weeks Park Lane. The park spans over 250 acres and houses the city’s 18-hole golf course. The course’s rolling terrain is dotted by trees and small ponds and passes along Holliday Creek. Private and group classes happen at the lighted tennis courts when they’re not being used for casual games. There’s also a large picnic pavilion at Weeks Park and a 3-mile paved trail that connects to a 14-mile, citywide trail system. Less than a mile west, Sikes Lake is stocked by the city with largemouth bass, yellow bullhead and channel catfish. Sikes Lake also has a trail section. Some also head here to sit on the benches and watch herons fly across the water. A local YMCA just over a mile south of the neighborhood broke ground on a brand-new aquatic center in 2024. Once complete, it will bring a 10-lane lap pool and a leisure pool with a slide and splash pad.

Drinks at The Parkway Grill

The closest shopping and dining options are just next door at University Village & Lofts. The mixed-use mall has a Pelican’s Steak & Seafood, a Collective coffee shop, several salons and even a yoga and barre studio. Plenty more options are within a few miles of homes. On Southwest Freeway, locals grab Mexican food at familiar chains, including Taco Casa. They can also head to one of the few local spots in Wichita Falls, The Parkway Grill, for comfort food in a no-frills sports bar. Between the boulevards of Kemp and Kell and Lawrence Street, there are big-box retailers like Target and Home Depot. Locals can stock their pantry between United Supermarket, Walmart Supercenter and Market Street. Downtown Wichita Falls is just over 5 miles north with antique stores and a selection of modern gastropubs. Half Pint Taproom & Restoration Hall serves craft beer, craft cocktails and specialty brick-oven-fired pizza.

Parkway Grill is a locals favorite restaurant to go and watch games in the weekend.
Parkway Grill is a locals favorite restaurant to go and watch games in the weekend.
You will find great sport bars in Colonial Park.
You will find great sport bars in Colonial Park.
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Art tours at Wichita Falls Museum of Art

Wichita Falls Museum of Art, about 2 miles northwest, features rotating exhibits in five galleries and hosts On the Wall Workshops that are mostly free unless there's a special guest teacher. These workshops range from creating felt birds to "Art of Seeing Art Tours," offering intellectual tools to examine exhibits. The museum's outdoor pavilion is a site for local events, including the recent Live at the Lake: Arts at the Pavilion, with live performances from the MSU Music Department and local artists who painted in real-time for all to watch. The arts scene is also alive downtown, just over 5 miles north, where there's an art walk on the first Thursday of the Month from April to October, showcasing the work of local creatives. A range of other events also happen downtown, including the farmers market, which runs on Saturdays year-round.

Students are also learning when they visit the Wichita Falls Museum of Arts Museum.
Students are also learning when they visit the Wichita Falls Museum of Arts Museum.
Take a look and enjoy the art.
Take a look and enjoy the art.
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Kathryn Ashworth
Written By
Kathryn Ashworth
Gabor Kovacs
Photography Contributed By
Gabor Kovacs
Nathan Allen
Video By
Nathan Allen

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Kim Roark, an experienced agent in this neighborhood.

Parks in this Area

Colonial Park Demographics and Home Trends

Housing Trends

Median List Price
$332,945
Median Sale Price
$210,000
Median Single Family Sale Price
$332,945
Median Change From 1st List Price
7%
Last 12 months Home Sales
4
Average Price Per Sq Ft
$193

Neighborhood Facts

Number of Homes in Neighborhood
261
Number of Homes for Sale
1
Median Year Built
1975
Months of Supply
3.00
Average Single Family Home Size Sq Ft
2,728
Significantly above the national average
1,924
Median Lot Size Sq Ft
14,810

Open Houses

  • Sunday, Aug 3
    2 - 3:30pm

    4414 Martinique, Wichita Falls, TX 76308

    $375,000

    • 4 Beds
    • 4 Baths
    • 2,771 Sq Ft
    • 4414 Martinique

    This generously sized home is ideal for a large family—especially one with lots of girls! ?? Located in a beautiful, established neighborhood, you'll love the charm of mature trees, a spacious backyard, and a fantastic patio perfect for gatherings or relaxing evenings. Inside, you'll find 4 bedrooms, 4 bathrooms, offering plenty of space and functionality. With ample room to spread out and grow,

    MARINA VANCE HIRSCHI REALTORS

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Distribution of Home Values

Source: Public Records

Homes for Sale

Interested in learning more about homes in this area? Reach out to Kim Roark, an experienced agent in this neighborhood.

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
487
Median Age
32
Population Density
4 ppl/acre
Population under 18
24.6%
On par with the national average
23.8%
Population over 65
15.8%
On par with the national average
19.1%

Finances

Median Household Income
$101,136
Significantly above the national average
$71,702
Average Household Income
$100,571

Education and Workforce

High School Graduates
95.3%
College Graduates
50.6%
Above the national average
34.1%
Advanced Degrees
17.4%
% Population in Labor Force
83.1%
Above the national average
65.1%

Area Factors

Bikeable

Bike Score®

57 / 100

Car-Dependent

Walk Score®

32 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Colonial Park
Kim Roark
TEXAS REAL ESTATE EXECUTIVES
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