Living in The Colony, Texas

The Colony sits about 28 miles north of Downtown Dallas and roughly 45 miles northeast of Downtown Fort Worth, in Denton County. The city is bordered by Frisco to the north (literally adjacent, crossing Sam Rayburn Tollway puts you in Frisco), Lewisville to the south, and Lake Lewisville to the west. The Dallas North Tollway (DNT) and Sam Rayburn Tollway (SH-121) are the two primary commute corridors, giving residents fast access to both the Plano/Legacy West job hub and the Frisco employment cluster.

The Colony's greatest location advantage is its proximity to Frisco. Companies clustered around The Star and the DNT corridor, T-Mobile HQ, Dallas Cowboys HQ, Toyota regional offices, and Baylor Scott & White at The Star, are 12–20 minutes north. Families who want Frisco's employment access without Frisco's home prices have found The Colony to be the practical answer.

Commute Times from Central The Colony

The Colony is served by Lewisville ISD, one of the largest and most highly rated districts in DFW, earning an A from Niche overall and an A+ for public schools. The key detail families must understand: The Colony addresses feed The Colony High School, not Marcus HS or Flower Mound HS, which are the district's highest-rated campuses. LISD as a whole is excellent; your campus is determined by your specific home address within the district.

Campuses Serving The Colony (Lewisville ISD)

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The Colony offers a range of neighborhood types, from established lakeside communities near Stewart Creek to newer master-planned areas closer to Grandscape. The city skews more toward resale inventory than new construction, which gives buyers established neighborhoods with mature trees and community character.

Search Current The Colony Listings →

The Colony's ~$429K median home price positions it as one of the best-value Lewisville ISD options in the northern DFW corridor, roughly $190K less than Frisco's median while sharing the same school district rating and being literally adjacent to Frisco's amenities. For families fleeing California, New York, or Illinois costs, the math is compelling.

Property Tax Breakdown: The Colony (Denton County)

Rates are 2025 certified. Always confirm for a specific address. Source: Texas Comptroller.

The Colony's employment story is defined by its proximity to two of DFW's most active job corridors: the Frisco/The Star cluster directly to the north and Plano's Legacy West 15 minutes south. Nebraska Furniture Mart and the Grandscape complex are also significant local employers within city limits.

The Colony is car-dependent for daily errands, no DART rail, no meaningful public transit, and most commercial areas require driving. A personal vehicle is essential. What the city compensates with is significant: Stewart Creek Park and Lake Lewisville shoreline access on the western edge, The Colony Recreation Center as a full-service facility, and Grandscape as an outdoor plaza / entertainment destination that most DFW suburbs can't match.

Walkability & Transportation Scores

Scores reflect the city's most walkable core and vary significantly by address. Source: Walk Score® 

Parks, Trails & Green Space

The Colony maintains approximately 45 parks and green spaces, with trail corridors connecting neighborhoods to the lakefront. Stewart Creek Park is the crown jewel, direct access to Lake Lewisville shoreline for fishing, kayaking, and lakeside walking. The DNT trail corridor also provides a paved bike/run route with a Frisco connection to the north.

City Recreation Centers & Facilities

Youth Sports & Organized Recreation

The Colony Youth Association (TCYA) supports a solid range of youth rec leagues, baseball, softball, soccer, and basketball. LISD school athletics anchor the high school sports calendar. For select / club sports, the Frisco corridor (12–20 min) has one of the deepest club sports ecosystems in DFW, Colony families access it easily.

See the Full The Colony Activities Guide →

The Colony earns a Niche Safety grade of B+, safe by DFW standards for a city of its size and character. The violent crime rate runs below the national average. Property crime is present, as in any mixed-use suburban city with significant commercial activity (the Grandscape/Nebraska Furniture Mart corridor generates some retail-associated property crime), but residential neighborhoods are considered safe by residents and law enforcement metrics alike.

In The Colony, the heart of the market is the starter band: 41% of homes sold in the past year landed under $400K, where a median of about $329K buys roughly 1,596 square feet. About 23% of sales were $700K or more, so move-up and luxury buyers have real selection. Price per square foot climbs from about $206 at the entry level to $347 at the top, which is what you are paying for in larger lots, newer builds, and higher finish levels.

A few more numbers worth knowing if you are weighing an offer in The Colony. Over the trailing 12 months, single-family homes sold for a median of $434K and an average of $549K, which works out to about $221 per square foot. Homes here sold for roughly 96.3% of their original list price, which gives you a sense of how much room buyers have typically had to negotiate. As of the latest data, about 148 single-family homes were actively listed. These are NTREIS figures (the price metrics are 12-month rolling, inventory is current active supply), and your own price per square foot and negotiating room will vary by neighborhood, age of home, and finish level.

Source: NTREIS via 10K Research · All figures are 12-month rolling periods · Updated May 2025

At 3.5 months of supply, The Colony sits solidly in balanced market territory, buyers have negotiating room without facing the frenzy of the 2021 market. Days on market at 36 days is slightly faster than Mansfield, reflecting the high demand for Frisco-adjacent value. The market here is primarily resale, new construction is limited, meaning buyers should expect older home vintages (1980s–2000s) in most neighborhoods.

The Colony's 486 closed single-family sales over 12 months is a reasonably active market for a city of 45,000, there is legitimate inventory turnover and buyer competition, particularly in the $380K–$550K range. Homes in Stewart Creek Estates and Northlake Estates with updated finishes tend to move faster than unrenovated stock in Kings Crossing.

Condo & Townhome Market

No condo or townhome sales were recorded in The Colony over the past 12 months, this is a predominantly single-family community. If budget is a primary concern and condo/townhome ownership is a consideration, nearby Lewisville or Frisco may offer lower entry points with more condo inventory.

New construction in The Colony is limited — just 1 active community currently listed. This is a suburb where most buyers are focused on resale, which means the new builds that do exist often attract serious attention quickly. The upside: a new home here comes with a builder warranty, modern energy standards, and floor plans designed for how families actually live today — harder to find in an established resale market. One thing many families don't realize: you can bring your own Realtor to any new construction purchase at no cost to you — the builder pays the commission. Having an experienced DFW relocation specialist in your corner (someone who isn't on the builder's payroll) can make a real difference when it comes to contract terms, upgrade negotiations, and closing incentives.

Active Builders in The Colony

Builder inventory, pricing, and availability change frequently — the data above reflects a recent snapshot. Browse the live portal for current listings.

Browse New Homes in The Colony → Search All The Colony Listings →

Every family weighs the same factors differently. Here is how The Colony stacks up against nearby options on the metrics that matter most for relocating families.

Scores computed from Niche, NTREIS, WalkScore, and Census ACS · Updated 2026 · Compare all DFW suburbs →