The Colony Homes under $500,000

Welcome to The Colony, Texas – a vibrant gem nestled in Denton County and just a stone's throw from the heart of the Dallas-Fort Worth metroplex. Known for its friendly community spirit and picturesque landscapes, The Colony offers a perfect blend of suburban charm and urban convenience. With easy access to major highways, residents enjoy a quick commute to nearby cities, making it an ideal location for both work and play.

The Colony boasts a rich array of recreational opportunities, highlighted by its stunning views of Lake Lewisville. Outdoor enthusiasts can explore the numerous parks, trails, and waterfront activities that make this city a haven for nature lovers. From picnics at the scenic Stewart Creek Park to water sports on the lake, there’s always something to do in this lively community.

For those considering a new home, The Colony presents an exciting opportunity with a variety of homes available under $500,000. Whether you’re a first-time buyer, a growing family, or looking to downsize, you’ll find a diverse selection of properties that cater to different lifestyles and preferences. From charming single-family homes to modern townhouses, each residence reflects the warmth and character of the community.

With its affordable housing market, excellent schools, and a plethora of amenities, The Colony is more than just a place to live – it’s a place to thrive. Discover your dream home in this flourishing city where comfort, community, and convenience come together seamlessly. Welcome to The Colony, where your new chapter awaits!

Newest The Colony Homes under $500,000

$439,000

3 Beds ⋅ 2 Baths ⋅ 21417076 MLS

Perfect location! This home is centrally located to all major businesses in and around the Grandscape, Hwy 121, DNT and roadways to reduce your driving time to work and your stress level. Plus, you have no neighbors behind you, making this the perfect home. Offering a formal dining and living area at the front of the home and also another informal dining and living area at the back of the home with a tree lined lot line. The primary suite is separated from the two other rooms, offering privacy and quiet. Sit in the backyard lined by trees with no neighbors looking in. There is no HOA either! Plenty of dining, shopping and entertaining options within minutes reducing the need to drive far. Make this home yours today for the holidays.

4112 Creek Hollow Way, The Colony

$319,000

3 Beds ⋅ 2 Baths ⋅ 21415207 MLS

Charming 3-bedroom, 2-bath home located in a quiet, well-established neighborhood with mature trees and no HOA. The split-bedroom floor plan creates comfortable separation between the primary suite and secondary bedrooms. The spacious living room features wood flooring, a vaulted ceiling, and a floor-to-ceiling brick wood-burning fireplace. The eat-in kitchen offers generous cabinetry, a stainless steel range, a built-in microwave, and French doors that open to the covered deck and backyard. The updated primary bath features a modern vanity, dual pendant lighting, a decorative mirror, a built-in medicine cabinet, and a walk-in shower. Hard-surface flooring extends through the kitchen and baths, with carpet in the bedrooms, blinds, ceiling fans, and abundant storage throughout. Board-on-board fencing frames the backyard for added privacy. Rear alley access leads to the spacious garage. The HVAC was replaced in September 2022, and the Roof in March 2022. Enjoy being within walking distance of Greenway Park and its greenbelt, offering miles of paths for walking, jogging, and biking. Conveniently located near Grandscape, Nebraska Furniture Mart, shopping, dining, entertainment, and major highways, including SH 121, DNT, and I-35E. Schedule your showing today!

5149 Bartlett Dr, The Colony

$464,900

4 Beds ⋅ 3 Baths ⋅ 21418205 MLS

WOW and YES, PLEASE! Open house on Sunday October 25th from 1-3pm. Just in time for the holidays, your new home is move-in ready and waiting for you! INCREDIBLY WELL-MAINTAINED, single-story, 4 bedroom home built in 2000 in prime location just north of 121 in the gorgeous, private community of The Legends. Enjoy walking from your new home to 2 neighborhood swimming pools including a kid-friendly pool with a splash pad, a playground, jogging paths, and wonderful green spaces perfect for picnics and outdoor fun. Owners have meticulously maintained this home including replacing the roof in 2022, replacing HVAC in 2025 including upgrading insulation. When you visit this home in person, you will FEEL the difference in quality and care. Gorgeous wood flooring, fresh paint, tons of natural light and an ideal floor plan with the primary bedroom separated from 3 additional bedrooms. The EXTRA-SPACIOUS primary suite has plenty of room for a reading nook or an additional desk space if you work from home, plus an ensuite bathroom and a walk-in closet you'll be thankful for! Need a home office? A playroom? A second living area? Or plenty of space to host your favorite people for the holidays? This flexible floor plan has you covered with TWO living areas, TWO dining areas, FOUR bedrooms, TWO full bathrooms, and even a sneaky little half bath that is perfect if you have kiddos! (It's tiny, so it is a fun little hidden bonus!) Enjoy watching the kiddos or pets play in your spacious backyard. BYOG (Bring Your Own Grill) and get ready to host BBQs with your family and friends. And let's talk LOCATION! You're just a stone's throw from all the incredible shopping, dining, and entertainment at Grandscape, with Legacy West, Stonebriar Centre, and The Star in Frisco just minutes away. Priced well and plenty of time to get moved in before Thanksgiving. Hurry and make 5820 Chatham Lane your home for the holidays!

5820 Chatham Ln, The Colony

$430,000

3 Beds ⋅ 2 Baths ⋅ 21411831 MLS

Welcome home to this beautifully updated home in the sought-after Ridgepoint subdivision of The Colony! Featuring an inviting open-concept floor plan, this home seamlessly blends comfort, style, and versatility—perfect for everyday living and entertaining. The spacious kitchen is sure to impress with a chef-style gas range, abundant cabinetry, and sleek stainless-steel appliances. Retreat to the private primary suite, where relaxation awaits in the luxurious ensuite bath featuring a separate shower, soaking tub, and generous walk-in closet. Thoughtfully designed for flexibility and privacy, the home offers two additional bedrooms, one with a walk-in closet and a seperate bathroom. A dedicated office provides endless possibilities—create your ideal home workspace, second living area, playroom, or personal fitness room. Step outside to the patio, an inviting space for morning coffee, weekend barbecues, or gathering with family and friends. With its versatile layout, inviting living spaces, and desirable location, this home offers the perfect opportunity to make it your own. Come discover all the possibilities and imagine the lifestyle waiting for you in Ridgepoint!

4513 Saddleridge, The Colony

$404,900

3 Beds ⋅ 2 Baths ⋅ 21406504 MLS

Modern updates meet the ultimate North Texas lifestyle! This beautifully updated home offers stylish finishes, inviting living spaces, and a backyard built for relaxation and entertainment, complete with a private swimming pool. Enjoy peace of mind with major improvements, including a new HVAC system (2021), water heater and sprinkler system (2024), pool pump (Summer 2026), and foundation repairs backed by a lifetime warranty. Just a short walk from Lake Lewisville, enjoy easy access to scenic trails, outdoor recreation, and lakeside activities. Located minutes from Grandscape, Nebraska Furniture Mart, shopping, dining, and entertainment, this home delivers an exceptional combination of convenience and lifestyle. Whether you're searching for a primary residence, weekend retreat, or investment opportunity, this property offers incredible versatility. Investor-friendly with short-term rental potential, making it an attractive opportunity for buyers looking to capitalize on The Colony's growing entertainment and tourism appeal. Don't miss your opportunity to own a move-in-ready home in one of North Texas's most exciting locations!

5004 Crutchberry Pl, The Colony

$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

$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

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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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