Why Live in The Tribute
Residents of The Tribute live surrounded by amenities. The master-planned community in The Colony sits on a Lewisville Lake peninsula. The neighborhood is close to shopping centers, something other communities on the lake don’t offer, and nearby green spaces let people enjoy the region’s nature in different ways. “It’s like living in a resort community, but it's in a location that has easy access to everything else,” says Jen Brant, a Realtor with Local Pro Realty LLC and a former resident of The Tribute. The community’s New Traditional homes often have brick exteriors and come with two-car garages. The area has smooth streets and sidewalks. Streetlights are common and feature banners advertising happenings in the neighborhood, like garden parties. Houses with three bedrooms or fewer can range from $550,000 to $1 million, while residences with four or more often go from $750,000 to $2 million. Homes with a view of the lake or near a golf course tend to be more expensive. Townhomes in the Chelsea Green subdivision usually cost between $560,000 and $620,000. Students are served by Little Elm Independent School District. Prestwick Elementary School has a GreatSchools score of 8 out
Home Trends in The Tribute, TX
On average, homes in The Tribute, The Colony sell after 12 days on the market compared to the national average of 70 days. The median sale price for homes in The Tribute, The Colony over the last 12 months is $299,700, up 54% from the median home sale price over the previous 12 months.
Median Sale Price
$299,700
Median Single Family Sale Price
$299,700
Median 1 Bedroom Sale Price
$256,000
Average Price Per Sq Ft
$202
Number of Homes for Sale
1
Last 12 months Home Sales
6
Median List Price
$295,000
Median Change From 1st List Price
-2%
Median Home Sale Price YoY Change
54%