The Colony TX Real Estate and Local Market Overview
The real estate market in The Colony, TX is quite vigorous, especially for a small close-knit town, and includes both new construction and pre-owned homes. The popularity of The Colony real estate is mainly due to its well-situated location, picturesque waterfront feel and an excellent selection of available The Colony, TX homes for sale in a broad variety of styles and prices. It's definitely a buyers' market in The Colony with plenty of sought-after homes available on The Colony real estate market. The average listing price for The Colony, Texas houses for sale is $311,403 and the median sales price is $92,110.
The Colony, TX Market Summary
The Colony, Texas is a 15.7 square mile suburb of Dallas that has been steadily growing since it was incorporated in 1977; and The Colony property sales prove that fact. The Colony is in Denton County and the population is now around 41,000 as compared to less than 27,000 in the year 2000. The Colony is also known as The City By The Lake and residents enjoy all forms of water sports and activities on gorgeous Lake Lewisville, where The Colony occupies 23 miles of the shoreline. Surrounding cities include Frisco, Plano, Denton, Carrollton, Grapevine and Lewisville. For those families with kids, The Colony is in the Little Elm and Lewisville school districts, both of which have excellent reputations for their curriculum, and there are a total of 10 very good schools from elementary through high school. A total of 6 colleges and universities are also quite close nearby, including University of Texas at Dallas and the University of North Texas. The hospitals and medical centers that are nearby include Baylor Medical Center at Carrollton 5 miles away, Medical Center of Lewisville 6 miles away, and Baylor Regional Medical Center at Plano 7 miles away. The quality of life is considered exceptional in The Colony where residents enjoy the advantages of a big city, but with a small-town feel.
Highways and Commuting
Situated on the eastern shore of picturesque Lewisville Lake, The Colony is less than 30 short miles north of downtown Dallas and 15 minutes from Dallas Love Field Airport. The Colony is also only 15 minutes from Dallas-Fort Worth International Airport, which is the third busiest airport in the U.S. with access to over 73 destinations. Major Interstates nearby include the Dallas North Tollway, I-121, I-35E, and the Sam Rayburn Tollway, which is the fastest way to get from The Colony to the Dallas-Fort Worth International Airport, which is only 18.6 miles away.
The Colony Attractions
For golfing enthusiasts, The Colony is home to The Tribute, Stewart Peninsula and The Old American golf clubs. Other area attractions include Lake Lewisville Recreation Area, Wynnwood Park, Stewart Creek Park, Eastvale Park, Hackberry Park, Tommy Briggs Cougar Stadium, Blue Sky Sports Center, and Griffin Middle School Football Field. The Colony is very sports-oriented and was, in fact, named by Sports Illustrated Magazine as the Number One Sports Town in Texas. The Colony's new Hidden Cove now offers a full service marina that features a ship's store, boat slips and rentals. One of the biggest favorites with families in The Colony is Hawaiian Falls, which is one of the hottest water parks in North Texas. In addition to all of this, The Colony is also home to 28 parks that feature more than 3,000 acres of parks and a trail system winding through lush acreage by the shore of Lake Lewisville.In nearby Dallas, just a few minutes away, are a wealth of museums, the Dallas Arboretum & Botanical Gardens, Dallas Zoo, Six Flags Over Texas, as well as Texas Motor Speedway for NASCAR racing fans. All local sports fans will appreciate being in close proximity to the Dallas Mavericks, Dallas Cowboys, Dallas Stars and the Texas Rangers. And shoppers will enjoy the major nearby malls, which include the Dallas Galleria, Vista Ridge Mall, Stonebriar Mall, The Shops At Willow Bend and especially the Grapevine Mills Outlet Mall which offers a Texas sized 1.9 million square feet of sheer shopping pleasure.
At Estate Chase, we assist our clients in finding the exact homes they desire and match them with local experts in all facets of the real estate industry. We can help you find the very best Real Estate for your family in The Colony, TX or in a nearby Texas community. Please contact us today to get started.