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The Colony

The Colony, nestled along the eastern shore of Lewisville Lake, delivers a lifestyle infused with waterfront recreation and retail convenience. Anchored by destinations like Grandscape and Nebraska Furniture Mart, this area blends entertainment, dining, and residential life, making it a vibrant extension of the North Dallas scene.

View The Market Report

Key Details

WHAT TO EXPECT

The Colony combines suburban convenience with Lake Lewisville's natural beauty. With quality schools, abundant parks, and diverse housing, it appeals to various lifestyles. Just 25 minutes from Dallas and 20 minutes from DFW Airport, location is a major advantage.

THE LIFESTYLE

Residents enjoy lakeside recreation and urban amenities in perfect balance. Morning jogs along the shore, weekend water sports, and shopping at Grandscape create a lifestyle that's active yet relaxed. Community events like Liberty by the Lake foster connections.

UNEXPECTED APPEAL

Despite its size, The Colony boasts world-class entertainment at Grandscape, anchored by Nebraska Furniture Mart. This 400-acre development features luxury retail, dining, and attractions like Andretti Indoor Karting—creating an unexpected entertainment destination.

THE MARKET

Options range from established neighborhoods starting in the $300,000s to luxury lakefront properties exceeding $1M. The Tribute offers upscale living with golf courses and lake views, while developments near Grandscape provide modern convenience.

YOU'LL FALL IN LOVE WITH

The blend of lakeside relaxation and urban energy. Lake Lewisville sunsets complement Grandscape's entertainment options, creating a community where outdoor adventure meets urban excitement—all at better value than neighboring suburbs.

Available Homes in The Colony

4001 Lakeside Drive, The Colony, TX 75056
Open Sat 11AM-1PM
27

$775,000

5 Beds 4 Baths 3,425 SqFt

4001 Lakeside Drive, The Colony, TX 75056

Listed by Tim Grubbs of EXP REALTY

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
5012 Nash Drive, The Colony, TX 75056
Open Sat 1PM-3PM
35

$395,000

5 Beds 2 Baths 1,856 SqFt

5012 Nash Drive, The Colony, TX 75056

Listed by Logan Walter of Keller Williams Realty DPR

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
5556 Vance Street, The Colony, TX 75056
Open Sat 12PM-3PM
40

$365,000

3 Beds 2 Baths 1,711 SqFt

5556 Vance Street, The Colony, TX 75056

Listed by Chase Bray of Bray Real Estate Group- Dallas

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
1208 Armstrong, The Colony, TX 75056
Open Wed 10AM-6PM
3

$599,773

3 Beds 3 Baths 1,976 SqFt

1208 Armstrong, The Colony, TX 75056

Listed by Ben Caballero of HomesUSA.com

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
1204 Armstrong, The Colony, TX 75056
Open Wed 10AM-6PM
2

$569,987

3 Beds 3 Baths 2,007 SqFt

1204 Armstrong, The Colony, TX 75056

Listed by Ben Caballero of HomesUSA.com

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
5552 Russell Drive, The Colony, TX 75056
Open Sat 1PM-3PM
32

$299,900

3 Beds 2 Baths 1,249 SqFt

5552 Russell Drive, The Colony, TX 75056

Listed by Penny Meyer of Penny Meyer

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
3929 Harbor Drive, The Colony, TX 75056
Open Sun 2PM-4PM
31

$464,900

3 Beds 2 Baths 2,192 SqFt

3929 Harbor Drive, The Colony, TX 75056

Listed by William Dees of Ebby Halliday Realtors

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
6553 Westway Drive, The Colony, TX 75056
Open Sat 9AM-11AM
40

$1,249,000

4 Beds 4 Baths 4,172 SqFt

6553 Westway Drive, The Colony, TX 75056

Listed by Renee Graver of Homes On The Lake Realty LLC

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
1221 Armstrong, The Colony, TX 75056
Open Wed 10AM-6PM
27

$698,990

3 Beds 4 Baths 2,578 SqFt

1221 Armstrong, The Colony, TX 75056

Listed by Ben Caballero of HomesUSA.com

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
1217 Armstrong, The Colony, TX 75056
Open Wed 10AM-6PM
28

$749,990

3 Beds 4 Baths 2,563 SqFt

1217 Armstrong, The Colony, TX 75056

Listed by Ben Caballero of HomesUSA.com

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
4049 Heron Cove Lane, The Colony, TX 75056
Open Sat 11:30AM-1:30PM
40

$799,000

4 Beds 3 Baths 3,170 SqFt

4049 Heron Cove Lane, The Colony, TX 75056

Listed by Renee Graver of Homes On The Lake Realty LLC

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
1240 Armstrong, The Colony, TX 75056
Open Wed 10AM-6PM
25

$569,900

3 Beds 3 Baths 1,987 SqFt

1240 Armstrong, The Colony, TX 75056

Listed by Ben Caballero of HomesUSA.com

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
1245 Armstrong, The Colony, TX 75056
Open Wed 10AM-6PM
27

$749,900

4 Beds 4 Baths 2,572 SqFt

1245 Armstrong, The Colony, TX 75056

Listed by Ben Caballero of HomesUSA.com

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
5204 HENDRIX Drive, The Colony, TX 75056
Active
10

$2,150

3 Beds 2 Baths 1,335 SqFt

5204 HENDRIX Drive, The Colony, TX 75056

Listed by Marsha Barron of Marsha Barron Real Estate, Inc

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
5500 RAGAN Drive, The Colony, TX 75056
Active
17

$2,150

3 Beds 2 Baths 1,467 SqFt

5500 RAGAN Drive, The Colony, TX 75056

Listed by Marsha Barron of Marsha Barron Real Estate, Inc

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
5661 Phelps Street, The Colony, TX 75056
Active
22

$2,400

3 Beds 2 Baths 1,379 SqFt

5661 Phelps Street, The Colony, TX 75056

Listed by Cindy Bryant of Coldwell Banker Apex, REALTORS

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
4633 Archer Drive, The Colony, TX 75056
Active
31

$2,700

3 Beds 2 Baths 2,103 SqFt

4633 Archer Drive, The Colony, TX 75056

Listed by Kate Wilson Wilson of NewGen Properties LLC

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
4324 Biscayne, The Colony, TX 75056
New
40

$3,150

4 Beds 3 Baths 2,740 SqFt

4324 Biscayne, The Colony, TX 75056

Listed by Shannon Schreyer of Coldwell Banker Realty

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
4629 Archer Drive, The Colony, TX 75056
New
25

$2,550

4 Beds 2 Baths 1,854 SqFt

4629 Archer Drive, The Colony, TX 75056

Listed by Sarah Nguyen of Trinity & Co Realty

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
8468 Wembley, The Colony, TX 75056
New
29

$4,400

4 Beds 3 Baths 3,106 SqFt

8468 Wembley, The Colony, TX 75056

Listed by Stacey Leslie of EXP REALTY

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
5808 Trego Circle, The Colony, TX 75056
New
20

$2,195

3 Beds 2 Baths 1,419 SqFt

5808 Trego Circle, The Colony, TX 75056

Listed by PAUL ILAMI of Denton County Property Mgmt, Inc

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
5724 Phelps Street, The Colony, TX 75056
Pending
11

$1,875

3 Beds 2 Baths 1,273 SqFt

5724 Phelps Street, The Colony, TX 75056

Listed by Carol Tang of Super Realty, LLC.

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
4500 Bevily Drive, The Colony, TX 75056
New
40

$3,700

5 Beds 5 Baths 3,750 SqFt

4500 Bevily Drive, The Colony, TX 75056

Listed by Ali Saatsaz of Keller Williams Frisco Stars

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
6740 Windhaven Parkway #6027, The Colony, TX 75056
New
20

$2,959

3 Beds 3 Baths 1,518 SqFt

6740 Windhaven Parkway #6027, The Colony, TX 75056

Listed by Melissa Mettry of Douglas Elliman Real Estate

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

The data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. Consumers may not reproduce or redistribute NTREIS data since the use of this data is only for people viewing this web site.

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Julie Provenzano Group is a real estate team affiliated with COMPASS, a licensed real estate broker and abides by all applicable Equal Housing Opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Some or all of the listings may not belong to the firm whose website is being visited. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage.