The Colony Homes under $500,000

Welcome to The Colony, Texas – a vibrant city nestled in the heart of Denton County, just a stone's throw away from the shimmering shores of Lake Lewisville. Known for its family-friendly atmosphere and thriving community, The Colony offers an ideal blend of suburban charm and urban convenience. With a population that continues to grow, this city is a hidden gem for those seeking a welcoming place to call home.

One of the standout features of The Colony is its diverse range of housing options, particularly for those looking to invest in a home under $500,000. Whether you’re a first-time buyer, a growing family, or looking to downsize, The Colony has something for everyone. From cozy townhomes to spacious single-family residences, you’ll find properties that fit your lifestyle without breaking the bank. Many homes in this price range boast modern amenities, open floor plans, and inviting outdoor spaces perfect for entertaining or relaxing.

Beyond housing, The Colony is rich in recreational opportunities. Residents can enjoy the scenic beauty of parks, trails, and the nearby lake, ideal for boating, fishing, and picnicking. The city also features a variety of shopping, dining, and entertainment options, making it easy to enjoy life to the fullest.

If you’re considering a move to The Colony, you’re not just purchasing a home; you’re joining a community that values connection, growth, and quality living. Discover your dream home today in this charming Texas city!

Newest The Colony Homes under $500,000

$350,000

3 Beds ⋅ 2 Baths ⋅ 21415415 MLS

Experience beautifully renovated, single-story living in The Colony, where modern style, inviting spaces, and easy access to recreation create a place you'll love coming home to! Step through the new modern front door into a spacious living area where a vaulted ceiling creates an open, airy feel and a stone-front fireplace sets the scene for cozy evenings. Durable wood-look luxury vinyl flooring adds warmth and style. The renovated kitchen is ready for everything from morning coffee to hosting dinner with friends, featuring new cabinetry, quartz countertops, a center island, and all-new stainless steel appliances. Modern light fixtures and updated primary and secondary bathrooms bring a fresh, cohesive feel throughout. An additional room off the kitchen, complete with a full closet, offers versatility as a potential fourth bedroom, game room for movie nights, home office, or creative retreat. Vinyl Low-E windows installed in 2021 and a new HVAC system in 2023 add practical value. Step outside to a spacious backyard with room for weekend barbecues, outdoor dining, or unwinding under the Texas sky. A new perimeter fence and convenient storage shed complete the space. Beyond home, enjoy boating, fishing, and waterfront recreation at Lake Lewisville, shopping and dining at Grandscape, or a day of water attractions at Hawaiian Waters. Explore The Colony's parks and trails, while convenient access to Sam Rayburn Tollway (SH-121) connects you to Frisco, Plano, Lewisville, and North Dallas destinations. Discover a home that brings together modern comfort, versatile spaces, and an exciting local lifestyle. Schedule your private showing today!

4232 Caldwell Ave, The Colony

$409,900

4 Beds ⋅ 2 Baths ⋅ 21411820 MLS

Welcome to 4709 Pemberton Lane in The Colony! This beautifully remodeled home has undergone an incredible transformation, combining modern finishes, thoughtful upgrades, and move-in-ready convenience! Step inside to discover stunning new flooring, cabinetry, countertops, fixtures, and ceiling fans throughout. Extensive improvements include updated electrical, new HVAC ductwork and fans, an insulated garage, windows replaced approximately three years ago. Step outside to your very own backyard oasis featuring a sparkling swimming pool with newly installed tile and fresh resurfacing, perfect for entertaining or relaxing on warm Texas days! As an added bonus, a brand-new washer and dryer are included! With beautiful finishes, extensive updates, and attention to detail throughout, this home offers the perfect combination of style, comfort, and functionality. All the hard work has been done—just move in, unpack, and enjoy your gorgeous new home!

4709 Pemberton Ln, The Colony

$169,900

2 Beds ⋅ 2 Baths ⋅ 21412852 MLS

MULTIPLE OFFERS RECEIVED. HIGHEST AND BEST DUE BY 6PM 10-19! Great location on a corner lot situated on quiet cul-de-sac near 121, DNT, close to schools, parks lake Lewisville and easy access to downtown. Traditional single-story brick home featuring 2 bedrooms and 2 full bathrooms. The functional floor plan offers a combination of carpet, ceramic tile, and laminate flooring, along with central heating and air conditioning. The kitchen is a great space and includes a dishwasher and electric cooktop. Solar panels, which will be paid off at closing, are an added bonus for energy efficient!Whether you’re looking to invest or make it your own, this property presents a great opportunity!

4406 Jenkins St, The Colony

$316,000

3 Beds ⋅ 2 Baths ⋅ 21404159 MLS

Cherished by its owners since 1987, this 3-bedroom, 2-bath home offers 1,699 square feet of living space and a spacious 2-car garage. Enjoy year-round greenery with low-maintenance evergreen ground cover in both yards—no mowing required! Designed for ornamental beauty, the landscaping offers a distinctive, easy-care alternative to traditional lawns. The remodeled kitchen features oak cabinetry, self-closing drawers, and thoughtful lighting. The primary suite boasts a remodeled bath with a rainfall shower, multiple jets, granite finishes, a custom Murano glass vessel sink, and walk-in closet. The second bath features a jacuzzi tub. Hardwood bedroom floors, Nepal tile, crown molding, solid-core doors, and double-pane vinyl windows with solar screens add comfort and character. Major updates include a 2024 roof with 30-year lifetime shingles, radiant barrier decking, and solar fans; exterior AC (2021); interior HVAC (2022); PEX plumbing (2021); and fresh paint inside and out (2024). Additional features include whole-home water filtration and softening, an insulated garage with AC and heat, and an insulated garage door (2024). Foundation repairs included 24 piers in 2001, with settlement reportedly stable for over a decade. The fireplace was rebricked in 2023, French doors with retractable screens were installed in 2024, and the concrete driveway was replaced in 2018. Outdoor highlights include a stone patio with a double-tiered lion-head fountain, a cedar veranda draped in an established 30-year-old grapevine, landscape lighting, and automatic irrigation with a foundation drip zone. A Vivint security system with a doorbell camera and four exterior cameras adds peace of mind. Conveniently located near Stonebriar Centre, Nebraska Furniture Mart, DFW Airport, and a variety of dining and entertainment options, this home blends timeless character with thoughtful updates.

5068 Avery Ln, The Colony

$335,000

3 Beds ⋅ 2 Baths ⋅ 21405679 MLS

Welcome to 5564 Ragan Drive, a beautifully remodeled home in the heart of The Colony! This inviting 3-bedroom, 2-bath home offers an open-concept layout with comfortable living spaces and an additional office that provides flexibility for working from home, a study, or hobby space. The spacious kitchen flows seamlessly into the main living area, creating an ideal setting for everyday living and entertaining. Enjoy the convenience of a one-story floor plan, attached garage, and a generously sized fenced backyard with plenty of room to relax, play, or entertain. Situated in an established neighborhood with easy access to shopping, dining, entertainment, major highways, and everything The Colony has to offer. Don't miss the opportunity to make this move-in-ready home your own!

5564 Ragan Dr, The Colony

$335,000

3 Beds ⋅ 2 Baths ⋅ 21411534 MLS

This charming 3-bed, 2-bath home has a new roof and fresh paint throughout. The living room centers on a wood-burning fireplace with a custom mantel. The kitchen has black granite countertops, open shelving, a large basin sink, and modern fixtures run throughout the home. The hall bath has an updated sink and mirror, and the primary bath has an updated walk-in shower. This is a rare find for gardeners and nature lovers, sits on a lot shaped by years of soil improvement and natural gardening. Generous natural mulch throughout helps conserve water. The front yard is an open planting space with established native plants, a thriving thornless blackberry patch, stone pathways, and plenty of room to make it your own. The backyard has producing elderberry bushes, a peach tree, and three stone-lined beds currently growing watermelon, herbs, okra, and onions. A fully natural, self-sustaining pond supports healthy plants and goldfish, and the yard regularly attracts butterflies to enjoy on your covered patio. A mature magnolia tree is great for climbing along with a large Oak tree to provide plenty of shade. Located near a neighborhood playground, a pond, and the Lake Lewisville trails are all within walking distance, and Stewart Creek Park’s sand beach is a short drive away. This is a one-of-a-kind property.

4125 Gardner Dr, The Colony

$341,000

3 Beds ⋅ 2 Baths ⋅ 21412298 MLS

INCREDIBLE BUYER INCENTIVES: $5,000 MORTGAGE CONCESSION. Opendoor Home Loans will contribute up to $5,000 towards a permanent interest rate buy-down if you finance with Opendoor Home Loans LLC. 5005 Strickland Ave is a one-story home in The Colony with three bedrooms and 1,861 square feet of living area. White cabinets and a peninsula frame the kitchen, with a sink under the window and a refrigerator, range and microwave in place. The kitchen opens to the long main living room, while the bedrooms occupy a separate hall. The bathrooms provide a standalone shower and a tub-shower combination. A utility area includes a washer and dryer. A rear door leads to the backyard, and an attached two-car garage provides additional parking. Home comes with a 100-Day Home Warranty

5005 Strickland Ave, The Colony

$380,000

3 Beds ⋅ 2 Baths ⋅ 21410637 MLS

Great floor plan in the heart of The Colony, tucked away on a quiet street! This home offers 3 bedrooms, 2 bathrooms, a 2-car garage, and plenty of living space with a formal den, dining room, and living room. Recent updates include a newer roof, water heater, AC unit, and tile flooring throughout—no carpet! Enjoy the covered back patio and private backyard with an 8-foot fence along with storage shed. Fantastic location close to schools, parks, shopping, and dining, with easy access to major highways, Grandscape, Legacy West, and The Star. A great home in a convenient location with so much to offer!

5644 Twitty St, The Colony

$320,000

3 Beds ⋅ 3 Baths ⋅ 21409957 MLS

Welcome to 4917 Ashlock Drive—a charming 3-bedroom, 3-bath home in the heart of The Colony. Enjoy quick access to Hwy 121, Dallas North Tollway, Grandscape, The Star, Lake Lewisville, top schools, and endless shopping. Inside, you'll find hardwood-style LVP and tile flooring, vaulted ceilings, and large windows for natural light. The split-bedroom layout offers privacy, and the spacious backyard is perfect for outdoor fun. Smart home features, security cameras, a refrigerator, a washer, and a dryer are included—making this move-in ready. Experience comfort and convenience in this prime location. Property is being sold as-is.

4917 Ashlock Dr, The Colony

$429,900

3 Beds ⋅ 2 Baths ⋅ 21408092 MLS

Welcome to 4524 Highridge Drive in The Colony, where stunning updates and effortless style come together in a home that looks and feels like a model! This beautifully remodeled 3-bedroom home is filled with natural light and features gorgeous luxury vinyl plank flooring, fresh finishes, and an inviting atmosphere throughout. Every detail has been thoughtfully designed to create a space that feels both stylish and comfortable. The showstopping primary suite offers a spa-inspired bathroom complete with dual sinks, a luxurious soaking tub, separate shower, and spacious walk-in closet. With its beautiful updates and move-in-ready appeal, this home is sure to impress! The location is just as impressive! Enjoy all that The Colony has to offer, including fantastic shopping, restaurants, and entertainment at Grandscape, outdoor adventures along Lewisville Lake, and nearby parks and trails. Convenient access to Highway 121 and the Dallas North Tollway makes commuting and exploring Frisco, Plano, and the surrounding areas a breeze. Beautifully remodeled, perfectly located, and ready for its next owner, 4524 Highridge Drive is one you won't want to miss!

4524 Highridge Dr, The Colony

$257,000

3 Beds ⋅ 2 Baths ⋅ 21410232 MLS

Bright, open and spacious design for your enjoyment. Stainless appliances and overlooks the large family room with tall ceilings. There is plenty of room for your large TV. You will make many great memories here with family and friends. Bedrooms are split design for privacy. 3rd bedroom could be an office. Primary bath has 2 sinks and an oversized shower plus a walk-in closet. Enjoy the private patio for family cookouts and having fun. This home has foam insulation in the attic and walls for energy efficiency; cutting down on utility bills & sound to help you enjoy more savings, real comfort and peace of mind. Conveniently located to Grandscape, Legacy West, The Star, The Five Star Sport Complex, Stewart Creek Park, Restaurants, Shopping, and much more. Easy access to Sam Rayburn, Dallas North Tollway and 380. House is clean and move in ready. Your new home is waiting for you. Come see this wonderful house today!

4604 Jenkins Cir, The Colony

$299,000

3 Beds ⋅ 2 Baths ⋅ 21403638 MLS

Welcome to 5517 Baker Drive, a single story home in the heart of The Colony offering an excellent opportunity to make the space your own. The home features a functional layout with plenty of potential for updating and personalization. Whether you're looking for a primary residence to customize or an investment opportunity, this property provides a great starting point in an established neighborhood. Conveniently located near shopping, dining, entertainment, major roadways, and everything The Colony has to offer. Property is being offered as is. Schedule your showing and explore the possibilities at 5517 Baker Drive!

5517 Baker Dr, The Colony

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Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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The Colony Homes under $500,000

Newest The Colony Homes under $500,000

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