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  • The Colony

    Why you'd want to live in The Colony

    Near the intersection of Farm Road 423 and State Highway 121 you’ll find the community known as The Colony, Texas. Just 8 miles east of Lewisville, near Lake Lewisville, The Colony is named after Peters Colony and sits on the site of the Hedgcoxe War of 1852. The Colony is 15 miles northeast of the Dallas-Fort Worth International airport and is 24 miles north of downtown Dallas. Established as a housing development by Fox and Jacobs, The Colony was incorporated in 1973. Located in southeastern Denton County, The Colony  is served by 2 newspapers, The Colony Leader and The Colony Courier, as well as 2 shopping centers. Students in The Colony are served by the Lewisville Independent School District with 1 middle school and 4 elementary schools in town. With Lewisville Lake in its backyard, The Colony is a beautiful place to call home. Money Magazine ranked The Colony #20 on its list of the “Top 50 Best Places to Live!” Home to around 39,055 residents, The Colony has diverse real estate options for prospective homebuyers to consider. The average sale price of a home in The Colony is around $135,000, however there are homes for sale in the $120,000 to $650,000 range as well. Not only are there great homes for sale in The Colony, but within 15 miles there are 40 movie theaters, 31 libraries, 3,842 restaurants, and 209 bars. Within 30 miles there are 178 public golf courses and 5 museums. With these great amenities so readily available, and its impressive real estate, The Colony, Texas is a great place to consider when looking to relocate in the Dallas-Fort Worth metro area. If you have questions regarding homes for sale in The Colony, Texas, please do not hesitate to contact us today for more information.

    The Colony Market Report

    $389,792

    AVERAGE PRICE OF 218 HOMES

    $1,178,005

    AVERAGE PRICE OF 4 MULTI-MILLION DOLLAR HOMES

    $562,219

    AVERAGE PRICE OF 71 NEWLY BUILT HOMES

    $353,844

    AVERAGE PRICE OF 20 HOMES WITH A POOL

    $409,608

    AVERAGE PRICE OF 88 REDUCED PRICE HOMES

    Average Home

    Average Price $389,792
    Avg Bedrooms 3 beds
    Avg Bathrooms 2.55 baths

    Average Price by Bedrooms

    1 bedroom n/a
    2 bedrooms $352,354
    3 bedrooms $308,511
    4 bedrooms $428,188
    5 bedrooms $577,970
    The Colony Home Price Trends
      7/2017 6/2017 5/2017 4/2017 3/2017
    Total Listings 227 207 174 152 130
    Average Price $373,032 $375,156 $386,024 $387,160 $394,417
    Avg Price Change -0.57% -2.90% -0.29% -1.87% +6.42%
    Median Price $315,019 $322,748 $332,330 $338,979 $360,404
    Med Price Change -2.45% -2.97% -2.00% -6.32% +15.27%
    Avg Bedrooms 3 beds 3 beds 3 beds 3 beds 3 beds
    Avg Bathrooms 2.52 baths 2.58 baths 2.62 baths 2.63 baths 2.7 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Market
    Flower Mound 1 $199,900 n/a
    Hebron 11 $481,105 n/a
    Little Elm 79 $565,801 n/a
    The Colony 122 $270,198 n/a
    Thecolony 4 $257,500 n/a
    Home Price by House Size
    Total Homes Average Price Avg Days on Market
    All Homes 218 $389,792 n/a
    Multi-Million Dollar Homes 4 $1,178,005 n/a
    Newly Built Homes 71 $562,219 n/a
    Homes with a Pool 20 $353,844 n/a
    Reduced Price Homes 88 $409,608 n/a

    School Data

    Highly Rated The Colony Schools

    9

    BLUEBONNET ELEMENTARY SCHOOL
    Elementary School
    Public

    9

    FLOWER MOUND ELEMENTARY SCHOOL
    Elementary School
    Public

    8

    HOMESTEAD ELEMENTARY SCHOOL
    Elementary School
    Public

    8

    INDEPENDENCE ELEMENTARY SCHOOL
    Elementary School
    Public

    9

    MORNINGSIDE ELEMENTARY SCHOOL
    Elementary School
    Public

    8

    MORNINGSIDE ELEMENTARY SCHOOL
    Elementary School
    Public

    9

    OLD SETTLERS ELEMENTARY SCHOOL
    Elementary School
    Public

    10

    MCKAMY MIDDLE SCHOOL
    Middle School
    Public

    9

    FLOWER MOUND HIGH SCHOOL
    High School
    Public