No CDD Fee New Homes for Sale in The Colony, TX

The Local Vibe

Located 25 miles north of Dallas in Denton County, The Colony has evolved from a quiet lakeside retreat into a high-energy employment and entertainment hub. With a population of approximately 56,000, the city serves as a primary destination for professionals working along the North Texas Platinum Corridor. Its identity is defined by a mix of established residential neighborhoods and massive commercial developments along the Sam Rayburn Tollway.

Living Here: Amenities & Lifestyle

Daily life often centers around Grandscape, a sprawling 400-acre destination featuring Nebraska Furniture Mart, Scheels, and the Andretti Indoor Karting & Games complex. Residents spend weekends exploring the shoreline at Stewart Creek Park or golfing at the Old American Golf Club. The city’s position on Lewisville Lake provides immediate water access that many neighboring landlocked suburbs lack. Commuters benefit from direct access to SH 121, making the drive to major employers like Toyota North America or JPMorgan Chase in nearby Plano remarkably efficient. For evening entertainment, Lava Cantina and the Windhaven Meadows Park offer unique local experiences. This blend of lakeside recreation and modern retail creates a fast-paced yet balanced lifestyle.

Schools & Family Appeal

Most students attend the highly-regarded Lewisville Independent School District, while some northern sections are served by Little Elm ISD. Families frequently gather at The Colony Five Star Complex, a premier 80-acre athletic facility hosting youth sports and community events. The city’s commitment to public spaces is further evident in its extensive trail system and the popular Hawaiian Falls Waterpark.

Why New Construction Makes Sense Here

Much of the existing housing stock in the area dates back to the 1970s and 80s, which often leads to higher maintenance costs and outdated insulation. Choosing new construction homes in The Colony allows buyers to bypass the expensive retrofitting required for older properties. Modern builds typically offer potential utility savings of $150-250 per month compared to a 1990s-era home, based on regional energy efficiency standards and modern HVAC technology. Additionally, many new home communities in The Colony offer builder-funded rate buy-downs that can significantly lower monthly mortgage payments. These financial advantages, combined with the availability of move-in ready homes in The Colony, provide a predictable cost of ownership in a high-demand market.