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City by the Lake

About The Colony, TX

Welcome to The Colony, a Denton County lakeside city on Lake Lewisville, known for its parks, Grandscape entertainment district, and Lewisville ISD schools.

The Colony is a city in Denton County, Texas, positioned along the eastern shore of Lake Lewisville in the northern Dallas-Fort Worth metroplex. Bordered by Lewisville to the west, Carrollton to the south, and Plano and Frisco to the east, it occupies a central location in one of the region's fastest-developing corridors. Its population was 44,534 in the 2020 census, and the city brands itself the "City by the Lake," reflecting its defining geographic feature. The name traces to the Peters Colony, a mid-19th-century land-grant settlement that covered much of North Texas. The modern city was incorporated in 1977 and later absorbed the small lakeside community of Eastvale. Lake Lewisville itself took shape in the 1950s, when the U.S. Army Corps of Engineers built the dam that created the reservoir, and the lake has shaped The Colony's recreation and identity ever since. Today The Colony blends established neighborhoods with newer development, anchored commercially by Grandscape, one of the largest mixed-use projects in the region, home to Nebraska Furniture Mart and a broad collection of restaurants, retail, and entertainment. That development, along with the lakefront and the city's park system, gives The Colony a self-contained quality unusual for a mid-sized suburb. The city is notable for its open space, with more than 20 parks and thousands of acres of parkland, including the lakefront Stewart Creek Park, a shoreline trail system, and a dedicated dog park. Lewisville ISD serves the community, including The Colony High School. With Frisco's employment and retail just across the city line and Dallas reachable via the Sam Rayburn Tollway and Dallas North Tollway, The Colony offers lakeside living with strong commuter access across North Texas.

Population 46,496
County Denton
Active Listings 280
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Frequently Asked Questions

What county is The Colony in?

The Colony is a city in Denton County, Texas, and a suburb of Dallas. It sits on the eastern shore of Lake Lewisville, bordered by Lewisville, Carrollton, Plano, and Frisco.

Why is it called The Colony?

The name refers to the Peters Colony, a mid-19th-century land-grant settlement that covered much of North Texas. The modern city was incorporated in 1977 and later absorbed the small lakeside community of Eastvale.

What school district serves The Colony?

The Colony is served by Lewisville Independent School District, which operates The Colony High School and several elementary and middle schools in the city. Private and charter options are available in the surrounding area.

What is Grandscape?

Grandscape is a large mixed-use development in The Colony, anchored by Nebraska Furniture Mart and featuring restaurants, retail, entertainment, and public gathering space. It is one of the largest such projects in North Texas and a regional destination.

What is there to do outdoors in The Colony?

Residents enjoy boating, fishing, and lakefront recreation at Stewart Creek Park on Lake Lewisville, plus more than 20 city parks, a shoreline trail system, and a dog park. The Lewisville Lake Environmental Learning Area offers nearby hiking and wildlife viewing.

City Guide

About The Colony

Real Estate & Housing

The Colony's housing stock spans its growth from a 1970s-era suburb to a present-day North Texas destination. Established neighborhoods hold single-family homes from the 1970s through 1990s, while newer master-planned communities and apartment communities cluster near Grandscape and along the tollways. Townhomes and rental options serve young professionals and employees of the area's retail and corporate sectors. Lake-adjacent properties and neighborhoods near Stewart Creek offer premium settings. Compared with neighboring Frisco and Plano, The Colony is frequently positioned as a more value-oriented entry point to the same school and employment ecosystem.

Neighborhoods

The Colony's neighborhoods are spread across a compact footprint between Lake Lewisville and the tollways. The city's original districts hold mature, established homes, while newer subdivisions line the eastern and northern edges near Grandscape and the Sam Rayburn Tollway. The Austin Ranch area and lakefront communities near Stewart Creek Park offer lakeside and trail-oriented living. Because the city abuts Frisco and Plano, many residents treat those cities' commercial districts — Legacy West, The Star, and the Shops at Legacy — as extensions of their own neighborhood.

Lifestyle in The Colony

Life in The Colony revolves around the lake, the parks, and Grandscape. Residents boat, fish, and kayak on Lake Lewisville, walk the shoreline trail, and use the city's extensive park network for sports and picnics. Grandscape supplies a major dining and entertainment district with restaurants, live events, and retail that draw visitors from across the metroplex. Community events, public art installations, and theatre companies add local character. The lifestyle is suburban and family-oriented, with the convenience of Frisco and Plano's amenities immediately adjacent.

Schools & Education

The Colony is served by Lewisville Independent School District, one of the larger and well-regarded districts in Denton County, which operates The Colony High School and multiple elementary and middle campuses within the city. The district's rating and the availability of advanced coursework and extracurricular programs are key draws for families. Private and charter options are also accessible in the surrounding cities, and higher-education access includes nearby Collin College and the University of North Texas system campuses in Denton.

Getting Around

The Colony sits between two major tollways — the Sam Rayburn Tollway (State Highway 121) along its northern edge and the Dallas North Tollway just to the east — giving residents fast access to Plano, Frisco, DFW International Airport, and downtown Dallas. US 380, State Highway 121, and Interstate 35E provide additional routes, with Lewisville's rail station on the A-train/DART network nearby. The city's lakefront setting and growing trail network make it walkable in core areas, though most regional trips are car-based.

Parks & Recreation

Lake Lewisville is The Colony's recreational centerpiece, with Stewart Creek Park providing lakefront beaches, boat ramps, fishing, and picnic areas. The city maintains more than 20 parks and thousands of acres of open space, among the highest park acreage per capita in Texas, plus the Pawsome Playground dog park and a shoreline trail network. The Lewisville Lake Environmental Learning Area (LLELA) sits nearby for hiking and wildlife viewing, while Arbor Hills Nature Preserve in Plano and Frisco's parks extend the options across the city line.

MARKET SNAPSHOT

The Market at a Glance

How homes have been selling here over the last 90 days.

home_work New This Week 14
Went Under Contract 0
trending_down Price Reductions 0
payments Median Sale Price $439,450 -9.4%
square_foot Price per Sq Ft $224
schedule Avg Days on Market 54
sell Homes Sold 144
percent Sale-to-List Ratio 100.0%
inventory_2 Months of Inventory 3.9

Price & Sales History

Market data reflects closed sales over the last 90 days and is provided for informational purposes.

For sale

Houses in The Colony, TX

Handpicked properties hitting the scene in your area.

10135 Divine Breeze
$250,000 Coming Soon
10135 Divine Breeze
San Antonio, TX 78251
  • 1,519 sqft
  • 3 beds
  • 2 baths
  • 2010375
8115 Narrow Brook Way
$250,000 Coming Soon
8115 Narrow Brook Way
Houston, TX 77016
  • 4 beds
  • 2.5 baths
  • 13075642
1202 CENTER
$2,400 New
1202 CENTER
San Antonio, TX 78202
  • 1,536 sqft
  • 3 beds
  • 2.5 baths
  • 2011256
10520 RAINBOW FRST
$2,345 Price Change
10520 RAINBOW FRST
Converse, TX 78109
  • 2,203 sqft
  • 5 beds
  • 2.5 baths
  • 2003916
519 Myra Lou Avenue
$175,000 For Sale
519 Myra Lou Avenue
Copperas Cove, TX 76522
  • 1,503 sqft
  • 3 beds
  • 2 baths
  • 621794
122 Dan Moody Trail
$385,000 For Sale
122 Dan Moody Trail
Georgetown, TX 78633
  • 1,895 sqft
  • 3 beds
  • 2 baths
  • 6721942
10818 Monterey Pike
$2,300 New
10818 Monterey Pike
Converse, TX 78109
  • 2,541 sqft
  • 5 beds
  • 2.5 baths
  • 2011248
423 NORTHRIDGE DR
$3,000 New
423 NORTHRIDGE DR
San Antonio, TX 78209
  • 1,893 sqft
  • 3 beds
  • 2 baths
  • 2011249
10235 COYOTE RUN
$364,900 New
10235 COYOTE RUN
San Antonio, TX 78254
  • 1,931 sqft
  • 3 beds
  • 2 baths
  • 2009215
4006 BRETTON RDG
$159,000 New
4006 BRETTON RDG
San Antonio, TX 78217
  • 1,126 sqft
  • 3 beds
  • 2 baths
  • 2011250
20443 Fire Stone
$1,755 New
20443 Fire Stone
San Antonio, TX 78264
  • 1,625 sqft
  • 4 beds
  • 2 baths
  • 2011247
2712 Hearthsong Loop
$339,000 For Sale
2712 Hearthsong Loop
Round Rock, TX 78665
  • 1,634 sqft
  • 4 beds
  • 2 baths
  • 1721206

For sale

Townhomes in The Colony, TX

Handpicked properties hitting the scene in your area.

338 UNTERMAIER ST
$1,495 New
338 UNTERMAIER ST
New Braunfels, TX 78130
  • 1,380 sqft
  • 3 beds
  • 2.5 baths
  • 2011228
2718 Old Field Dr #302
$249,777 New
2718 Old Field Dr #302
San Antonio, TX 78247
  • 1,327 sqft
  • 2 beds
  • 2.5 baths
  • 2011210
1417 W OLMOS DR
$1,025 Price Change
1417 W OLMOS DR
San Antonio, TX 78201
  • 640 sqft
  • 2 beds
  • 1 baths
  • 1991831
310 CREEKSIDE CURV
$1,595 New
310 CREEKSIDE CURV
New Braunfels, TX 78130
  • 1,430 sqft
  • 3 beds
  • 2.5 baths
  • 2011189
13006 Trent St
$225,000 New
13006 Trent St
San Antonio, TX 78232
  • 1,158 sqft
  • 2 beds
  • 2 baths
  • 2011183
7307 GOLF VISTA BLVD
$1,150 New
7307 GOLF VISTA BLVD
San Antonio, TX 78244
  • 1,024 sqft
  • 2 beds
  • 2 baths
  • 2010058
4318 Avenue O Unit 1
$1,950 Pending
4318 Avenue O Unit 1
Galveston, TX 77550
  • 1,100 sqft
  • 2 beds
  • 2 baths
  • 2009850
167 RICHTER LN
$795 New
167 RICHTER LN
New Braunfels, TX 78130
  • 560 sqft
  • 1 bed
  • 1 baths
  • 2011168
9213 SHADOW CREST DR Unit 9213
$1,195 New
9213 SHADOW CREST DR Unit 9213
Converse, TX 78109
  • 982 sqft
  • 2 beds
  • 2 baths
  • 2011161
144 W Villaret Blvd Unit 108
$1,025 New
144 W Villaret Blvd Unit 108
San Antonio, TX 78221
  • 800 sqft
  • 2 beds
  • 1 baths
  • 2011153
6414 Luglio Lane Unit 102
$1,295 Pending
6414 Luglio Lane Unit 102
San Antonio, TX 78233
  • 1,324 sqft
  • 3 beds
  • 2.5 baths
  • 1972495
3945 Abbott Pass
$460,000 New
3945 Abbott Pass
St Hedwig, TX 78152
  • 2.5 baths
  • 2011127

For sale

Condos in The Colony, TX

Handpicked properties hitting the scene in your area.

6310 Melanzane Ave Unit 3
$1,295 New
6310 Melanzane Ave Unit 3
San Antonio, TX 78233
  • 1,260 sqft
  • 3 beds
  • 2.5 baths
  • 2011254
17102 Crane Fly Drive #A
$2,100 For Rent
17102 Crane Fly Drive #A
Pflugerville, TX 78660
  • 2,112 sqft
  • 4 beds
  • 2.5 baths
  • 9137540
4208 Endurance Way
$8,500 For Rent
4208 Endurance Way
Austin, TX 78731
  • 3,717 sqft
  • 4 beds
  • 4 baths
  • 6599832
6423 Melissa Ann Unit 1206
$900 New
6423 Melissa Ann Unit 1206
San Antonio, TX 78249
  • 745 sqft
  • 2 beds
  • 1 baths
  • 2011225
2706 Observation Drive Unit 3
$1,199 New
2706 Observation Drive Unit 3
San Antonio, TX 78227
  • 758 sqft
  • 2 beds
  • 1 baths
  • 2009347
2702 Observation Drive (front) Unit BLDG 1 #4
$1,099 New
2702 Observation Drive (front) Unit BLDG 1 #4
San Antonio, TX 78227
  • 552 sqft
  • 2 beds
  • 1 baths
  • 2009346
514 FULTON AVE Unit 1
$1,075 New
514 FULTON AVE Unit 1
San Antonio, TX 78212
  • 954 sqft
  • 1 bed
  • 1 baths
  • 2011220
4119 Medical Dr. Unit 307C
$1,150 Price Change
4119 Medical Dr. Unit 307C
San Antonio, TX 78229
  • 865 sqft
  • 1 bed
  • 1 baths
  • 2009659
540 River Run Unit 214
$2,495 New
540 River Run Unit 214
New Braunfels, TX 78132
  • 1,183 sqft
  • 2 beds
  • 2 baths
  • 2010174
11603 Ladera Vista Drive #11
$525,000 For Sale
11603 Ladera Vista Drive #11
Austin, TX 78759
  • 1,774 sqft
  • 2 beds
  • 2.5 baths
  • 5652538
$270,000 For Sale
6804 Capital Of Texas Highway #311
Austin, TX 78759
  • 1,197 sqft
  • 2 beds
  • 2 baths
  • 5791881
6507 SPRING LARK ST
$1,600 New
6507 SPRING LARK ST
San Antonio, TX 78249
  • 1,024 sqft
  • 2 beds
  • 2 baths
  • 2011190

Zip Codes

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01 home for saleMedian sale$295K1 sale in the last 90 days
000003 homes for saleMedian sale$370KPer sq ft$199 sales in the last 90 days
123451 home for saleMedian sale$295K
189341 home for saleMedian sale$700KPer sq ft$2741 sale in the last 90 days
306737 homes for saleMedian sale$192KPer sq ft$7814 sales in the last 90 days
349491 home for saleMedian sale$416.3KPer sq ft$35714 sales in the last 90 days
349501 home for saleMedian sale$180KPer sq ft$1547 sales in the last 90 days
716011 home for saleMedian sale$295K
716032 homes for saleMedian sale$125KPer sq ft$641 sale in the last 90 days
7163811 homes for saleMedian sale$295K
717015 homes for saleMedian sale$295K
717306 homes for saleMedian sale$295K
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5052 S Colony Boulevard
$244,950 For Sale
5052 S Colony Boulevard
The Colony, TX 75056
  • 1,703 sqft
  • 3 beds
  • 2 baths
  • 28307631
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