---
title: "The Colony TX Real Estate | Raven Mok"
url: https://ravenmok.com/cities/the-colony
description: "Discover The Colony TX real estate with Raven Mok. Lakeside living, Grandscape entertainment, and affordable North Texas homes near Lewisville Lake."
lang: en
---

Image: The Colony Texas Grandscape (https://ravenmok.com/assets/hero-main-njmvY6xR.jpg)

North Dallas Living

# The Colony

The Entertainment Capital of the North

## Who Lives Here?

🎮

### The Lifestyle Enthusiast

Entertainment & Lake Life

Often working in the nearby Legacy corridor, these residents love being walking distance to Grandscape. They want lake access (Lewisville Lake) combined with ultra-modern entertainment and dining options. Work hard, play harder is the motto here.

Typical Income

$90K - $180K

Core Values

Entertainment Lake Access Modern Amenities Convenience Nightlife

### The Details

Population

58,000+

Median Home Price

$435K

Property Tax Rate

2.1%

YoY Appreciation

+1.6%

Avg Household Income

$95K+

Walk Score

34

### Lifestyle Vibe Check

Family Friendly

7/10

Luxury Factor

7/10

Commute Rating

8/10

Dining & Food Scene

9/10

Cultural Diversity

6/10

Outdoor Lifestyle

9/10

### Education

School District Deep Dive

#### Lewisville ISD

Public School District

B+

Overall Rating

##### District Highlights

Solid academic programs

Strong fine arts

Growing STEM focus

Career & technical education

Diverse student population

Community partnerships

#### Notable Public Schools

##### The Colony High School

B+

High School (9-12)

Strong athletics program

##### Griffin Middle School

B+

Middle School (6-8)

##### Lakeview Elementary

A

Elementary (K-5)

#### Private School Options

##### Covenant Christian Academy

4.0/5

K-12 Private

10 min drive

##### Liberty Christian School

4.2/5

K-12 Private

12 min drive

### Food & Culture

The Dining & Market Scene

#### Asian & International Markets

99 Ranch Market (Plano)

Chinese Grocery

18 min

H Mart (Carrollton)

Korean Grocery

15 min

India Bazaar (Lewisville)

Indian Grocery

10 min

Mitsuwa (Plano)

Japanese Grocery

20 min

#### Grocery & Everyday

Tom Thumb

General Grocery

5 min

Kroger

General Grocery

5 min

Whole Foods (Plano)

Organic/Premium

15 min

Trader Joe's (Plano)

Specialty

18 min

#### Dining Diversity

8/10

Variety Score

##### American/BBQ

9/10

Truck Yard, Local spots at Grandscape

##### International Variety

8/10

Multiple options at Grandscape, Growing diversity

##### Entertainment Dining

10/10

Andretti's, Grandscape restaurants, Brewery concepts

#### Cultural Amenities

Grandscape Lewisville Lake Hawaiian Falls Nebraska Furniture Mart

### Commute & Connectivity

Getting Around

#### DFW Airport

15 mi

18-25 min drive

#### Downtown Dallas

25 mi

30-40 min drive

#### Legacy/Plano

10 mi

15-20 min drive

#### Major Highways

SH-121 (Sam Rayburn Tollway) I-35E Dallas North Tollway

#### Public Transit

Limited public transit. Car-dependent area with excellent highway access. Close to DART stations in Plano.

## Local Lifestyle

Raven's _Insider Guide_

### Raven's Picks

- Scheels
  Destination Store
  Not just a store—a destination with a Ferris wheel inside
- Truck Yard
  Entertainment
  Ultimate backyard vibe with live music and food trucks
- Lewisville Lake
  Outdoor Recreation
  Boating, fishing, and sunset views

### Weekend Vibes

- • Shopping and dining at Grandscape
- • Boating on Lewisville Lake
- • Go-karts at Andretti Indoor Karting
- • Concerts at Lava Cantina
- • Hawaiian Falls water park

### Parks & Outdoors

- • Stewart Creek Park
- • B.B. Owen Park
- • Lewisville Lake beaches
- • The Tribute Golf Club

### Annual Events

Liberty by the Lake (July 4th) Grandscape seasonal events Lake festivals

Insider Tip

"The Colony is bucking the market trend with +1.6% appreciation—driven entirely by Grandscape growth. If you want entertainment, lake life, and easier access to DFW Airport, this is your spot. It's the 'fun' suburb."

\- Raven

## Real Estate Intel

Market _Snapshot_

### Price Ranges

Single Family (Entry)

$350K - $450K

Single Family (Mid)

$450K - $650K

Luxury/Lakefront

$650K - $1.2M

Townhomes/Condos

$250K - $400K

### Costs to Know

Typical HOA

$75 - $250/mo

MUD Tax Districts

Common

Some communities have MUD taxes. Factor in 0.3-0.6% additional.

Market Status

Hot Market

### Active Builders

Meritage Homes Taylor Morrison Shaddock Homes Highland Homes

### Investment Outlook

The Colony is outperforming the market thanks to Grandscape development. Strong rental demand from young professionals. Best value for lake/entertainment lifestyle in North Dallas. Continued appreciation expected.

### Explore

Notable Areas in The Colony

Grandscape Area Stewart Peninsula Austin Waters

### Ready to Call The Colony Home?

Let's find your perfect spot in this entertainment hub.

Book a Strategy Call (https://ravenmok.com/contact)

Next Steps

## Run the numbers on The Colony

Most buyers comparing The Colony are also weighing nearby communities and the monthly cost of getting there. These pages cover both sides of that decision.

- The Fields in Frisco: https://ravenmok.com/neighborhoods/the-fields
- All North Texas city guides: https://ravenmok.com/cities
- Mortgage payment calculator: https://ravenmok.com/tools/mortgage-payment
- Texas property tax estimator: https://ravenmok.com/tools/property-tax
- Buy versus rent calculator: https://ravenmok.com/tools/buy-vs-rent
- Relocation cost calculator: https://ravenmok.com/tools/relocation-cost
- Seller net sheet: https://ravenmok.com/tools/seller-net-sheet

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