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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

    $394,950

    AVERAGE PRICE OF 215 HOMES

    $1,184,243

    AVERAGE PRICE OF 6 MULTI-MILLION DOLLAR HOMES

    $563,968

    AVERAGE PRICE OF 80 NEWLY BUILT HOMES

    $295,630

    AVERAGE PRICE OF 16 HOMES WITH A POOL

    $435,706

    AVERAGE PRICE OF 95 REDUCED PRICE HOMES

    Average Home

    Average Price $394,950
    Avg Bedrooms 3 beds
    Avg Bathrooms 2.59 baths

    Average Price by Bedrooms

    1 bedroom n/a
    2 bedrooms $352,733
    3 bedrooms $299,520
    4 bedrooms $436,161
    5 bedrooms $782,715
    The Colony Home Price Trends
      9/2017 8/2017 7/2017 6/2017 5/2017
    Total Listings 212 218 227 207 174
    Average Price $392,171 $389,220 $373,032 $375,156 $386,024
    Avg Price Change +0.76% +4.34% -0.57% -2.90% -0.29%
    Median Price $356,642 $347,256 $315,019 $322,748 $332,330
    Med Price Change +2.70% +10.23% -2.45% -2.97% -2.00%
    Avg Bedrooms 3 beds 3 beds 3 beds 3 beds 3 beds
    Avg Bathrooms 2.55 baths 2.55 baths 2.52 baths 2.58 baths 2.62 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Market
    Hebron 8 $478,319 n/a
    Little Elm 89 $564,453 n/a
    The Colony 116 $258,676 n/a
    Thecolony 1 $55,000 n/a
    Home Price by House Size
    Total Homes Average Price Avg Days on Market
    All Homes 215 $394,950 n/a
    Multi-Million Dollar Homes 6 $1,184,243 n/a
    Newly Built Homes 80 $563,968 n/a
    Homes with a Pool 16 $295,630 n/a
    Reduced Price Homes 95 $435,706 n/a

    School Data

    Highly Rated The Colony Schools

    8

    HOMESTEAD 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