The Colony Real Estate
Affordable lakeside living with Grandscape entertainment
The Colony is an affordable lakeside alternative to pricier neighbors like Frisco and Plano, offering Lewisville Lake access and the Grandscape entertainment district at significantly lower price points. The city has reinvented itself around Grandscape - a massive mixed-use development featuring Nebraska Furniture Mart, restaurants, and entertainment that rivals any destination in DFW. Located in Lewisville ISD with schools comparable to more expensive districts, The Colony delivers excellent value for families who want amenities without the premium pricing. The lakefront location adds recreational opportunities unavailable in landlocked suburbs.
$429,778
$300K - $0.9M
Why The Colony?
Schools
- Lewisville ISD serves The Colony - an 'A' on Niche, a 'B' on the 2024-2025 TEA accountability ratings
- The Colony High School with strong academic and athletic programs
- Griffin Middle School - highly rated
- Newer school facilities as district has grown
- Strong community involvement in schools
- Comparable academic outcomes to Frisco ISD at lower home prices
Parks & Recreation
- Lewisville Lake shore access and marinas
- Stewart Creek Park and Golf Course
- Hawaiian Falls waterpark
- Grandscape outdoor entertainment spaces
- Shoreline Trail along Lewisville Lake
Kristy's Local Tip
"The Colony is my recommendation for buyers who want the Frisco lifestyle without the Frisco price tag. You're getting Grandscape entertainment (which rivals anything in Frisco), Lewisville Lake access, and excellent LISD schools at prices roughly a third below Frisco medians. The Tribute offers genuine lakefront living with golf course amenities. Cascades provides resort-style community feel. The trade-off is that The Colony doesn't have the same prestige or appreciation trajectory as Frisco, but for families prioritizing value and lifestyle over investment returns, it's an excellent choice. The current median around $430,000 buys significantly more house than you'd get in neighboring cities."
9 Google reviews
Your Local Expert
Kristy Purtle, Your The Colony REALTOR
The Colony buyers and sellers have trusted Kristy Purtle since 1997. As Broker/Owner of Purtle Realty Group, she has guided roughly 100 DFW families through every kind of move, from nervous first-time buyers to repeat clients she has represented across seven transactions and three decades.
Her The Colony business is built almost entirely on referrals, and her goal never changes: sell you this home and your next five. As she puts it, "I want to sell them their first home and their next five homes. I want to be their REALTOR for life."
- Years Experience
- 28+
- Homes Sold
- 100+
- Google (9 reviews)
- 5.0 ★
- Texas License
- TX #0464202
Years Experience
Homes Sold
Google (9 reviews)
Texas License
The Colony FAQs
How does The Colony compare to Frisco?
The Colony offers similar amenities (Grandscape rivals Frisco entertainment) and good schools (LISD) at roughly a third lower prices. Frisco has Sports City prestige and Frisco ISD, but The Colony provides better value with lake access that Frisco lacks. For budget-conscious families, The Colony is the smart choice.
What is Grandscape?
Grandscape is a massive 400+ acre entertainment and shopping destination featuring Nebraska Furniture Mart (the largest in Texas), restaurants, entertainment venues, and outdoor spaces. It's one of the largest mixed-use developments in the region and rivals any destination in DFW.
What school district is The Colony in?
The Colony is served by Lewisville ISD (an 'A' on Niche, a 'B' on the 2024-2025 TEA accountability ratings), with strong academics and athletics. The Colony High School is well-regarded. LISD offers comparable academic outcomes to Frisco ISD at significantly lower home prices.
Is The Colony affordable?
Relatively yes - The Colony offers the best value in the Frisco-adjacent area with a median around $430,000. You get lake access, Grandscape entertainment, and excellent schools at prices roughly a third below Frisco and comparable to less-amenity-rich suburbs.
The Colony Real Estate Insights
5.0 Stars on Google
Every Google review of Purtle Realty Group is five stars. Here are a few, word for word.
"After seven successful transactions together over three decades, I recommend her without hesitation to anyone looking for a realtor who truly cares about her clients and consistently delivers outstanding results."
"She was incredibly thorough, organized, and knowledgeable every step of the way. From preparing and listing our property to guiding us through the buying process, she made sure every detail was handled professionally and nothing was overlooked."
"She educated me on things to look for when purchasing a home. She was very thorough. She did her research and got me a great deal."
"Her knowledge of the real estate market is unmatched, she goes to great lengths to ensure your existing home is ready for viewings so that it sells quickly and she truly cares about finding you your dream home and not just the next available home."
"Kristy was phenomenal in helping us find a home. Her knowledge and expertise were outstanding! She will go to all lengths to help one achieve their goal in house hunting."
"Kristi did an amazing job finding me the right home in the right location. If I ever do move I will be reaching out again for the same trusted service."
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