The Colony is a lakefront city of about 46,200 people (Census, 2025) in Denton County, with about 23 miles of Lewisville Lake shoreline and Grandscape, all just 5 miles from Frisco. I'm Ben Jimenez, a real estate agent with Real Broker, LLC, and this is everything I'd tell a client before they buy or sell in The Colony.
Ben's take: “In The Colony's original neighborhoods, updates drive value more than square footage. I price against homes with the same level of updates, not just the same size.”— Ben Jimenez, Real Estate Agent, Real Broker, LLC
The Colony's median sale price was about $455,000 in September 2026, roughly flat from a year earlier (Redfin), and the median asking price on current listings was about $488,000. Older Fox & Jacobs homes from the 1970s and 1980s sit next to newer construction and lakefront areas, so prices vary a lot by street.
The Colony gives you a Lewisville ISD address next to Frisco and Grandscape, often for less than Frisco itself. Compare older homes' updates carefully: roofs, windows and HVAC make a big difference in the original neighborhoods.
Buyers here are comparing you to Frisco and Plano, so presentation matters. I market every listing with professional photos, drone footage and a full video tour.
Homes I've toured in The Colony on video. Prices are as of filming, so check current homes for sale for what's available today.
Ben's take: “The Colony has one of the friendlier tax pictures near Frisco. I show buyers the monthly tax next to a comparable Frisco home so they see the difference.”— Ben Jimenez, Real Estate Agent, Real Broker, LLC
All three main rates went down for 2026-27. Lewisville ISD's rate is its lowest since 1999, and the city has cut or held its rate flat for more than 24 straight years.
| City of The Colony (FY 2026-27) | $0.6275 per $100 |
| Lewisville ISD | $1.0778 per $100 |
| Denton County | $0.183394 per $100 |
| Combined | about $1.8887 per $100 |
| Electric | Retail choice (Oncor or TNMP delivery) |
| Water | City of The Colony |
At about $1.89 per $100, a $455,000 taxable value comes to about $8,590 a year before exemptions. Some addresses are in Little Elm ISD instead, so I pull the exact bill before my buyers make an offer.
Ben's take: “Check the address, not the city name. I confirm Lewisville ISD versus Little Elm ISD for the exact home before my buyers write an offer.”— Ben Jimenez, Real Estate Agent, Real Broker, LLC
Most of The Colony is in Lewisville ISD, which has 47,000+ students across 64 campuses, with five elementary schools, three middle schools and one high school inside The Colony. Some addresses are in Little Elm ISD.
| Frisco | 5 mi |
| Lewisville | 7 mi |
| DFW Airport | 16 mi |
| Dallas Love Field | 17 mi |
| Downtown Dallas | 22 mi |
Straight-line distances from central The Colony. The Sam Rayburn Tollway (SH 121) and FM 423 are the main roads. The Colony isn't on DART rail; the Silver Line stops in nearby Carrollton and Plano.
A 400+ acre destination with Nebraska Furniture Mart, SCHEELS, Galaxy Theatres, Andretti Indoor Karting, the Grandscape Wheel, Gas Monkey Icehouse and Hard Eight BBQ. The holiday kickoff is November 21, 2026.
Lewisville Lake park run by the city on Corps of Engineers land, with tent and RV camping.
Lake access, camping and a marina on Lewisville Lake.
A Scottish links-style course by Tripp Davis, opened in 2000, plus Old American Golf Club and Stewart Peninsula Golf Course.
A summer water park with 15 slides and attractions, formerly Hawaiian Falls.
The city's July 4 festival: a 5K at Stewart Creek Park, a morning parade, an evening festival and fireworks at 9:30 p.m.
A free November festival with a drone show. In 2026 it's November 14.
A 43,000-square-foot indoor soccer facility.
The Colony calls itself the "City by the Lake," with 28 parks and about 23 miles of shoreline.
A little history: The Colony is named for Peters Colony, the Republic of Texas settlement contract of 1841 to 1848, and Bridges Settlement, settled in 1843, was Denton County's first settlement. Fox & Jacobs bought about 3,000 acres in 1973, the first families moved in in October 1974, and the city incorporated in 1977.
Representation on builder pricing, upgrades and the builder contract, starting from your first model-home visit in The Colony.
Live video tours, in-person inspections and remote closing, so you can buy in The Colony before you move to Texas.
Rent, tax and HOA numbers worked out before you offer on a rental in The Colony.
A relaunch for The Colony homes that came off the market: new pricing review, professional photos, drone and video tours, and a real marketing plan.
Selling the big house, finding the right-size next one, and timing both so you only move once.
Contingent offers, temporary leasebacks or bridge financing, lined up so your sale and your purchase close on a schedule that works.
From pre-approval and down payment programs to inspection and closing, explained step by step before you sign anything.
Private showings, professional photo, drone and video production, and pricing built on true comparable luxury sales.
Ben Jimenez has helped Dallas-Fort Worth buyers, sellers and investors since 2021, with 56+ transactions, $23M+ in sales volume and a 5.0 rating from 46+ five-star reviews. He works in The Colony and across DFW on new construction, relocation, investing and multifamily, relaunching homes that didn't sell, downsizing, selling and buying at the same time, first-time buyers, and luxury homes over $1 million. Texas real estate license 0784675.
The Colony's median sale price was about $455,000 in September 2026, roughly flat from a year earlier, and the median asking price was about $488,000 (Redfin). Ben Jimenez, a real estate agent with Real Broker, LLC who works in The Colony, prices homes against recent sales with the same level of updates.
For 2026-27, the City of The Colony's rate is $0.6275 per $100, Lewisville ISD's is $1.0778 and Denton County's is $0.183394, for about $1.89 per $100 before exemptions. Ben Jimenez pulls the exact tax bill for the address before his buyers make an offer.
Most of The Colony is in Lewisville ISD, with five elementary schools, three middle schools and one high school in the city. Some addresses are in Little Elm ISD. 4913 Roberts Dr, for example, is in Lewisville ISD.
Grandscape is a 400+ acre shopping and entertainment destination in The Colony with Nebraska Furniture Mart, SCHEELS, Galaxy Theatres, Andretti Indoor Karting & Games, the Grandscape Wheel, Gas Monkey Icehouse and Hard Eight BBQ.
Yes. The Colony has about 23 miles of Lewisville Lake shoreline, with Stewart Creek Park and Hidden Cove Park & Marina for camping and lake access.
The Colony has Grandscape, Lewisville Lake parks, The Tribute Golf Links, Hawaiian Waters water park, the TOCA Soccer Center, Liberty By The Lake on July 4 and the American Heroes Festival in November.
The Colony had 44,534 residents at the 2020 Census and an estimated 46,196 as of July 1, 2025, in Denton County.
Ben Jimenez is a Dallas-Fort Worth real estate agent with Real Broker, LLC (Texas license 0784675) who has toured homes in The Colony on video, including 4913 Roberts Dr. He has closed 56+ transactions and $23M+ in sales volume since 2021, with a 5.0 rating from 46+ five-star reviews. Reach him at 469-730-6895 or ben@findyourhomedallas.com.
Ben Jimenez, a real estate agent with Real Broker, LLC, takes over listings in The Colony that didn't sell, with a new pricing review, professional photos, drone and video tours, and a marketing plan built for that home.
Texas has state programs such as TDHCA's My First Texas Home and TSAHC's Home Sweet Texas for buyers who qualify. Ben Jimenez connects buyers with lenders who use those programs before they start touring.
Yes. Common ways are a contingent offer, a temporary leaseback after your sale closes, or bridge financing. Ben Jimenez lines up the sale and purchase so both close on a workable schedule.
It depends on the specific property: rent, a combined tax rate near 1.89%, insurance and any HOA rules. Ben Jimenez runs those numbers before his investor clients make an offer.
Book a call with Ben Jimenez, call or text 469-730-6895, or get a free home value.
*Redfin The Colony housing market (September 2026). **City (news release), Lewisville ISD and Denton County 2026-27 adopted rates, summed. Sources: U.S. Census Bureau 2020 and 2025 estimates; City of The Colony history, parks and events pages; Denton CAD (4913 Roberts Dr); Lewisville ISD; Grandscape directory; Hawaiian Waters; Golf Clubs at The Tribute; Power to Choose; Wikipedia. Distances are straight-line. Information deemed reliable but not guaranteed. Updated November 10, 2026.
