The Colony at a glance
The Colony sits on the eastern shore of Lewisville Lake in Denton County. Incorporated in 1977, it has about 42,000 residents, roughly 23 miles of shoreline, and Grandscape, a 433-acre retail and entertainment development anchored by Nebraska Furniture Mart.
Areas to explore
Near Grandscape
Homes and apartments close to the shopping and entertainment district along SH 121.
Lakeside neighborhoods
Areas close to Lewisville Lake and its parks.
Near Stewart Creek Park
Neighborhoods near the city’s large lake park.
Established neighborhoods
Older single-family areas built as the city grew from the 1970s onward.
Housing market
Zillow Home Value Index (ZHVI) for the city of The Colony: a model estimate of the typical home value for single-family homes and condos in the middle third of values, smoothed and seasonally adjusted. It is not a median sale price or list price. Source: Zillow Research data.
The Colony offers established single-family neighborhoods from its early decades, newer homes and apartments near Grandscape and SH 121, and homes close to the lake. Buyers should ask about flood zones and lake-access rules for homes near the shoreline.
Parks, recreation & things to do
- In The ColonyGrandscape — A 433-acre shopping, dining, and entertainment district anchored by Nebraska Furniture Mart.
- In The ColonyStewart Creek Park — A city lake park on Lewisville Lake; check the city for amenities and fees.
- In The ColonyHidden Cove Park — A city park on Lewisville Lake.
- In The ColonyLewisville Lake — About 23 miles of shoreline within the city, with boating and fishing.
Dining, shopping & culture
- In The ColonyGrandscape — Restaurants and entertainment venues across the district.
- Nearby · PlanoLegacy West and Shops at Legacy — Dining and shopping a short drive east.
- Nearby · LewisvilleOld Town Lewisville — Local restaurants and murals across the lake.
Getting around
- SH 121 (Sam Rayburn Tollway) runs along the city’s south side, connecting to the Dallas North Tollway and I-35E.
- The Colony is not a DART member city. The DCTA A-train in Lewisville is the closest commuter rail.
- DFW Airport is a drive southwest via SH 121.
Schools
The Colony is served by Lewisville ISD and Little Elm ISD. Confirm the district and campus assignments for each address.
School assignments depend on the exact property address and can change. Confirm the district and assigned campuses with the district before you make an offer or sign a lease.
Frequently asked questions
What is Grandscape?
A 433-acre shopping, dining, and entertainment district in The Colony, anchored by Nebraska Furniture Mart.
How much lake shoreline does The Colony have?
About 23 miles of Lewisville Lake shoreline.
Which school districts serve The Colony?
Lewisville ISD and Little Elm ISD, depending on the address.
Is there rail service?
The Colony isn’t in DART. The nearest rail is the DCTA A-train in Lewisville.
Keep exploring
Planning a move? Start with our home buying guide, home selling guide, or rental guide.
Sources
- City of The Colony
- Grandscape
- The Colony EDC
- Lewisville ISD
- Little Elm ISD
- Wikipedia: The Colony, Texas
- Zillow Research: Zillow Home Value Index (city-level, all homes, mid-tier, smoothed and seasonally adjusted), August 2026
Information is provided for general guidance and was reviewed in October 2026. Attractions, businesses, transit service, and school boundaries change; confirm details with the official sources linked above. Clever Realtors is a virtual brokerage serving Dallas–Fort Worth.
