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Realtor in The Colony, TX

Real estate in The Colony, without the guesswork.

The Colony puts 23 miles of Lewisville Lake shoreline and Grandscape inside one Denton County city. See prices, taxes, schools and neighborhoods, then talk to Albert the same day.

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Licensed REALTOR®Texas #0773351, Amazing Brokerage
10+ yearsConstruction and remodeling
English y españolBilingual service
The Star, FriscoFormation, 5 Cowboys Way
Market snapshot

The Colony by the numbers

$449,500
Median sold price
6 months to Oct 3, 2026 (286 closings)
$220
Median price per sq ft
6 months to Oct 3, 2026
35 days
Listing to contract
Median, 6 months to Oct 3, 2026
1.93% to 2.04%
Combined tax rate
Tax year 2025, by school district
Buyer guide

Smart buying in The Colony

The Colony started in 1973, when developer Fox and Jacobs bought land near SH 121 and FM 423, and the first families moved in by October 1974. Today it is a city of about 47,300 people (NCTCOG, January 2025) on the east shore of Lewisville Lake. It borders Plano, Frisco and Little Elm, and Grandscape has turned its SH 121 frontage into a regional shopping and entertainment stop.

For tax year 2025 the combined rate on a typical home was about 1.93% in Lewisville ISD (city 0.63, Denton County 0.185938, LISD 1.1178) and about 2.04% in the Little Elm ISD part of town. On a $450,000 home that is roughly $725 to $765 a month before homestead exemptions. For 2026 the city adopted $0.6275 per $100, and The Colony EDC lists 2026 combined totals of 1.89% (LISD) and 2.04% (Little Elm ISD).

Decide early between the Lewisville ISD side and The Tribute in Little Elm ISD. The 2025 tax gap between them was about 0.11 points, roughly $480 a year on a $450,000 home, and the schools, golf and lake access differ too. Pull the address-level school zoning and the tax certificate for every home you are serious about.

Neighborhoods

Where to look in The Colony

Austin RanchAustin Ranch is a Billingsley Company community of more than 1,700 acres spanning The Colony, Lewisville and Carrollton.Open →Camey PlaceA newer The Colony neighborhood of David Weekley homes, with a 2022 example listed in March 2026 near SH 121 and Grandscape.Open →Garza Lake EstatesA no-HOA lakeside subdivision along West Shore Drive in The Colony, mixing older homes, new custom builds and buildable lots.Open →Grandscape DistrictGrandscape is a 400-plus-acre shopping and entertainment district in The Colony, anchored by Nebraska Furniture Mart.Open →Original Colony NeighborhoodsThe Fox and Jacobs sections that started The Colony in 1974, platted as numbered Colony subdivisions with 1970s and 1980s brick homes.Open →RidgepointeA 1990s The Colony neighborhood beside Ridgepointe Park and the Lewisville Lake shoreline trail, with a very small HOA.Open →Stewart PeninsulaA Lewisville Lake peninsula in The Colony with a 9-hole city golf course and homes from the late 1990s and 2000s.Open →The LegendsA The Colony neighborhood of late 1990s and early 2000s homes with two pools and an HOA listed near $484 a year.Open →The TributeThe Tribute is a subdivision in The Colony on Lewisville Lake, served by Little Elm ISD schools.Open →
Sellers

Getting your The Colony home sold

Here is the lesson I give clients first: in The Colony, the school district line changes your monthly cost. The Tribute is in Little Elm ISD while most of the city is in Lewisville ISD, and in tax year 2025 that difference added roughly $480 a year on a $450,000 home. Homes went from listing to contract in a median of 35 days over the last six months, so get pre-approved and decide which side of that line you want before you start touring.

The first homes here were finished in 1974, so a lot of The Colony's resale inventory is decades old, and buyers' inspectors go straight to the roof, HVAC, plumbing and foundation. From my years in remodeling, those are the items that cost sellers the most in negotiation, so get a pre-listing inspection and fix or price in the big four before you go live. With a 35-day median to contract, your first two weekends on market are your best shot at full price.

Local details

The Colony at a glance

Schools

Most of The Colony is served by Lewisville ISD, which feeds The Colony High School. The Tribute is served by Little Elm ISD, with Prestwick STEM Academy (opened in 2014) and Strike Middle School (opened August 2020) inside the community. Boundaries follow the address, not the city name, so confirm zoning with the district before you write an offer.

Commute

Legacy West, Plano: 10-15 min; The Star, Frisco: 15-20 min; DFW Airport: 20-25 min; Downtown Dallas: 30-35 min

What is coming

Costco at Grandscape; White Castle's first Texas restaurant; Jefferson Grandscape II apartments; Grandscape phase two

City guide
Albert Angarita, REALTOR
Reviews

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FAQ

Common questions

How do I find a realtor in The Colony, TX?
Look for a licensed agent who works The Colony regularly, can explain taxes and school zones by address, and puts the fee in writing up front. Albert Angarita is a Texas REALTOR® (license #0773351) with Amazing Brokerage, based at The Star in Frisco, and works The Colony in English and Spanish.
Which school district is a The Colony home in?
The Colony addresses can fall in Lewisville ISD, Little Elm ISD. District lines do not follow city limits, so confirm the exact address with the district's boundary tool before you write an offer.
What are property taxes in The Colony, TX?
For tax year 2025 a typical The Colony home paid about 1.93% to 2.04% combined before exemptions, depending on the school district and any MUD or PID. Ask for the exact rate on the address you are considering.
How are realtors paid in Texas?
Commission is negotiable and set in writing. Buyers sign a written representation agreement before touring that states how their agent is paid, and sellers can offer to cover some or all of it.
How long does it take to sell a home in The Colony?
Over the six months to Oct. 3, 2026, the median home went from listing to contract in 35 days and from contract to closing in 19 days. That means about two months from going live to closing for a well-priced home. Price it right from day one, because time on market is what buyers use to negotiate.
How much do homes cost in The Colony?
The median sold price was $449,500 over the six months to Oct. 3, 2026, and the middle half of sales ran from $349,900 to $635,576. The median was $220 per square foot. Use price per square foot by neighborhood, not the citywide median, to judge a specific home.
Is The Colony a good place to live?
It depends on what you need, but the facts are strong: 23 miles of Lewisville Lake shoreline, Grandscape on SH 121, a median household income of $114,511 and an average commute of 27.1 minutes (Census, 2020 to 2024). It sits next to Plano and Frisco job centers. Drive your real commute at rush hour before you choose a street.
Sources
  1. The Colony, TX housing market (Resideline Market Watch, updated Oct 3, 2026)
  2. 2025 DFW Tax Rates (Republic Title)
  3. The Colony Economic Development Corporation: schools and 2026 adopted tax rates
  4. City of The Colony news: City Council lowers tax rate, adopts 2026-27 budget; North Colony Blvd drainage
  5. Lewisville ISD adopts 2025-26 budget and tax rate
  6. 2025 NCTCOG Population Estimates
  7. U.S. Census Bureau QuickFacts: The Colony city, Texas
  8. Inside SRS Real Estate Partners' plan to shape Grandscape's retail future (D CEO, Nov 2025)
  9. Costco to open a new North Texas location in October (FOX 4, Sept 2026)
  10. Costco officially under construction at Grandscape (Grandscape, Jan 2026)
  11. White Castle breaks ground on first Texas location (Trade & Industry Development, June 2026)
  12. JPI building rental community in The Colony (Connect CRE, Apr 2026)
  13. Yard House taps The Colony for $4 million Grandscape buildout (Hoodline, Mar 2026)
  14. Austin Ranch master-planned community (Billingsley Company)
  15. Golf Courses (City of The Colony)
  16. The Colony Visitor Guide (Visit The Colony)
  17. Adeline at The Tribute: community overview (Perry Homes)
  18. The Colony High School bond projects (Lewisville ISD)
  19. The Colony, Texas (Wikipedia: history and schools)
  20. Little Towns With Big Appeal: The Colony (Bisnow, 2017)
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