The Colony Homes under $500,000

Welcome to The Colony, Texas – a vibrant gem nestled in Denton County, just a stone's throw away from the shimmering shores of Lake Lewisville. Known for its friendly community spirit and exceptional quality of life, The Colony offers a perfect blend of suburban tranquility and urban convenience. With a population that embraces diversity and a commitment to fostering a family-friendly environment, this city is ideal for everyone from young professionals to growing families.

The Colony boasts a plethora of amenities, including lush parks, scenic trails, and a variety of shopping and dining options. The area is home to several recreational facilities, including the popular Hawaiian Falls water park, making it a perfect destination for summer fun. Additionally, residents enjoy easy access to major highways, allowing for convenient commutes to nearby cities like Dallas and Fort Worth.

For those looking to settle down in this charming city, The Colony offers an impressive selection of homes priced under $500,000. Whether you're in the market for a cozy single-family home, a modern townhouse, or a spacious condo, you'll find an array of options that cater to various tastes and lifestyles. These homes often feature contemporary designs, spacious layouts, and beautiful outdoor spaces, making them perfect for entertaining or simply enjoying the Texas sunshine.

Discover the warmth and community spirit of The Colony, where affordable living meets a vibrant lifestyle. Let us help you find your dream home in this delightful city, where every day feels like a vacation!

Newest The Colony Homes under $500,000

$495,000

4 Beds ⋅ 2 Baths ⋅ 21400333 MLS

Welcome to 6432 Barstow Lane in The Colony! Built in 1999, this spacious 2,339-square-foot home offers 4 bedrooms, 2 full baths, and an inviting open floor plan with plenty of room for everyday living and entertaining. The large kitchen provides generous workspace and opens to an eat-in dining area, creating a comfortable gathering place for family and friends. The open living spaces and flexible 4-bedroom layout provide options for a home office, guest room, or additional living space. Located in the Legends Texas HOA, residents enjoy excellent neighborhood amenities including Alister Park, Buckskin Park, the Legends Activities Area, a private adult pool, private family pool, Legends Trail, and a sand volleyball court. The Colony offers an outstanding combination of shopping, dining, entertainment, recreation, and convenient access throughout North Texas. With 2,339 square feet, four bedrooms, a spacious kitchen, and great neighborhood amenities, 6432 Barstow Lane is ready to welcome its next‌‌‌‌‌‌‌‌‌‌‌‌ owner.

6432 Barstow Ln, The Colony

$395,000

3 Beds ⋅ 2 Baths ⋅ 21401537 MLS

$8,000 SELLER INCENTIVE! The Sellers are offering up to $8,000 with an acceptable offer to use toward your closing costs, an interest rate buy-down, or a lower sales price. It's a great opportunity to keep more cash in your pocket or lower your monthly payment! Stop renting and start building equity in this beautifully reimagined 3-bedroom, 2-bath single-story in the heart of The Colony! Freshly painted inside and out, with a striking black front door, soaring vaulted ceilings, and new wood-look flooring throughout. The remodeled kitchen is a showstopper, with an island with seating, crisp white cabinetry, a designer backsplash, and a farm sink. It opens to a spacious dining area with French doors leading to a big backyard with a privacy fence, ready for weekend cookouts, pets, or gardening. Relax by the refinished fireplace, unwind in the primary suite with an ensuite bath and custom walk-in closet, and enjoy new ceiling fans in every bedroom. First-time buyers will love that the big-ticket items are already done, so you can move in with peace of mind instead of a to-do list. Recent updates include a new roof, gutters, garage door, exterior doors, and lighting throughout. The home also has a rear-entry 2-car garage and NO HOA. The location can't be beat! You'll be minutes from Grandscape's dining, shopping, and entertainment, Lewisville Lake's parks, trails, and marinas, and Hawaiian Falls. Commuting is easy with quick access to SH-121 Sam Rayburn Tollway, the Dallas North Tollway, and I-35E, putting Legacy West, Frisco, Plano, Lewisville, and DFW Airport within easy reach. Turnkey homes with Seller incentives like this don't last. Schedule your showing today!

4433 Larner St, The Colony

$499,000

4 Beds ⋅ 3 Baths ⋅ 21396971 MLS

Fully updated and move in ready in a prime The Colony location! This beautifully renovated 4 bedroom, 2.5 bath home features a brand new roof, level foundation with warranty, one brand new HVAC system and a second HVAC replaced in 2023. Freshly updated throughout with modern finishes and thoughtful improvements. Conveniently located near Grandscape, shopping, dining and entertainment with easy access to major highways. A great combination of location, updates and peace of mind!

6225 Bear Run Rd, The Colony

$374,900

3 Beds ⋅ 2 Baths ⋅ 21400143 MLS

Welcome to 5720 Truitt Street, a light-filled 3-bedroom, 2-bath home on a desirable corner lot in the heart of The Colony with no HOA. Centrally located near shopping, dining, entertainment, and major highways, this home makes it easy to get just about anywhere while still enjoying an established neighborhood setting. Inside, large windows bring in tons of natural light and give the home a bright, open feel. The main living area features a cozy fireplace and flows into the dining space, where an additional flex area is currently being used as a home office. This versatile space could also make a great playroom, homework station, reading nook, hobby space, or small sitting area depending on your needs. The primary bedroom is a standout with a wonderful view of the backyard and pool, giving you a relaxing view right from your room. Out back, the pool has been refreshed with new quartz plaster, new decorative tile, and new pool equipment, making it ready to enjoy. The covered patio and surrounding deck create plenty of space for entertaining, relaxing, or spending summer days by the water. With its corner-lot setting, bright interior, flexible living space, backyard pool, convenient location, and no HOA, this is the kind of home buyers wait for in The Colony — and one that’s easy to see yourself settling into.

5720 Truitt St, The Colony

$304,900

3 Beds ⋅ 2 Baths ⋅ 21398437 MLS

This 3-bedroom, 2-bathroom single-story home features an inviting main-level layout paired with an attached 2-car garage. At the heart of the home, a seamless kitchen and family room combo creates an open atmosphere for daily gathering, centered around a cozy fireplace and complete with appliances in good working condition. Soft carpeting in the bedrooms adds plush comfort to the private sleeping quarters. Combining single-story convenience, warm gathering spaces, and practical layout features, this home is built for comfortable, easy living.

5312 Slay Dr, The Colony

$475,000

3 Beds ⋅ 2 Baths ⋅ 21395716 MLS

Summer lasts longer when you have a backyard like this. Picture warm evenings by the water, friends gathered around the grill, and a quiet studio out back to call your own. This 3-bedroom, 2-bath home sits on nearly a quarter acre with NO HOA, a sparkling pool, and a fenced, gated driveway, giving you room to live the way you want. Step inside and you'll find two spacious living areas, so there's space for movie night in one room and conversation in the other. A wood-burning fireplace makes cooler nights feel cozy, tile floors run throughout the home, and the renovated and expanded kitchen opens to the dining area, where everyday dinners and holiday meals come together easily. Then head out back, where this home truly comes alive. Spend the afternoon in the pool, rinse off at the outdoor shower, and use the outdoor bathroom without ever tracking water through the house. A space prepped for an outdoor kitchen is ready for your grill setup. On the side of the house is a fully permitted bonus shed that has its own entrance, heating, and cooling, making it a natural fit for a home office, craft room, workout space, or weekend hangout. The practical details are covered too: an HVAC system with UV light and extra filtration, a newer water heater, a full sprinkler system, and a 2-car garage. The driveway is complete with a manual gate, too. And the location is incredible! Grandscape is right around the corner with shopping, dining, and entertainment, anchored by Scheels and Nebraska Furniture Mart. Quick access to SH 121 and the Dallas North Tollway makes getting around DFW easy. Schedule a tour today and make 5037 Blue Glen your new home!

5037 Blue Glen Dr, The Colony

$460,000

4 Beds ⋅ 3 Baths ⋅ 21382251 MLS

Welcome to this spacious 4-bedroom, 2.5-bath home with a 2-car garage, located in The Cedars at Stewart Peninsula in The Colony. The thoughtfully designed two-story floor plan features the primary suite downstairs, offering privacy and convenience. The main living area flows easily into the kitchen and dining spaces, creating a comfortable setting for everyday living and entertaining. Upstairs, you’ll find three additional bedrooms along with a generous game room that provides flexible space for recreation, a second living area, or entertainment. Step outside to enjoy the covered patio, perfect for relaxing or outdoor gatherings. With a versatile layout, ample living space, and a desirable location near shopping, dining, recreation, and major thoroughfares, this home offers comfort and convenience in the heart of The Colony.

6621 Alliance Dr, The Colony

$338,000

3 Beds ⋅ 2 Baths ⋅ 21397605 MLS

5221 Alpha Dr, The Colony

$425,000

3 Beds ⋅ 2 Baths ⋅ 21396285 MLS

An updated single-story home with a private pool minutes from Grandscape, Legacy West and 121, without an HOA. Welcome to your private backyard retreat in the heart of The Colony! Perfectly situated just minutes from Highway 121, Grandscape, Legacy West, and major corporate campuses, this beautifully updated single-story home offers the ideal blend of comfort, style, and convenience. Step inside to discover an open, inviting floor plan featuring luxury vinyl plank flooring throughout the main living areas and designer updates at every turn. The spacious living room is anchored by a striking fireplace with custom floating shelves, creating the perfect space for relaxing or entertaining. The updated kitchen combines timeless style and functionality with granite countertops, stainless steel appliances, subway tile backsplash, abundant cabinetry, and a charming breakfast area with a built-in hutch. The adjacent dining room provides seamless flow for gatherings and special occasions. A versatile flex room offers endless possibilities as a game room, media room, home office, playroom, or second living area. The private primary suite serves as a peaceful retreat with a walk-in closet and a spa-inspired ensuite bath featuring dual quartz vanities, a freestanding soaking tub, oversized glass shower, and luxurious rain showerhead. Two additional bedrooms share a beautifully updated full bath, providing comfortable accommodations for family and guests. Enjoy year-round relaxation in the sunroom overlooking your backyard paradise. Step outside to a sparkling swimming pool, expansive patio space, and a generous grassy yard with plenty of room for pets, play, and outdoor entertaining. Located near top shopping, dining, entertainment, parks, and commuter routes, this move-in-ready home offers the lifestyle today's buyers are searching for. Ask about our preferred lender buyer credit!

6857 Younger Dr, The Colony

$399,000

3 Beds ⋅ 2 Baths ⋅ 21394738 MLS

OASIS IN THE COLONY! NO HOA! SELLER GIVING $8,000 TOWARDS BUYER'S CLOSING COSTS! BEAUTIFULLY MAINTAINED 3 BED 2 BATH HOME WITH SPARKLING POOL AND LOTS OF UPDATES! This wonderfully maintained home in the heart of The Colony, TX has lots of great features. Semi OPEN CONCEPT Kitchen with fresh updates including the flooring welcome all those who like to entertain and have great space. Breakfast room is overly spacious and right out side is the COVERED BACK PATIO and SPARKLING POOL. No maintenance back yard with the pool deck and lots of covered patio space to help cool off with these HOT Texas days. HUGE LIVING ROOM with gorgeous VALUTED CEILINGS makes the space feel really open and spacious. DINING ROOM space is in the back of the living room but can easily fit any large table. KITCHEN FRIDGE, WASHER AND DRYER do come with the home! This home is great for all those looking for their first home, down sizing, or investing. Can be an air bnb property or very easy to rent out as well as a great home for anyone looking to be in the colony highly rated schools! A wonderful home looking for and ready for its next owner, schedule a time to see it today!!!

4513 Hale St, The Colony

$366,000

3 Beds ⋅ 2 Baths ⋅ 21385824 MLS

Discover something truly unique. This 3-bedroom, 2-bath home offers approximately 1,881 sq. ft. of comfortable living space, paired with an extraordinary Certified Wildlife Habitat garden more than two decades in the making. The established landscape is thoughtfully designed with native, climate-adapted, pollinator-friendly plantings, flagstone paths, rain barrels, dry creek beds, a rain garden, stonework and inviting outdoor gathering spaces. It welcomes butterflies, bees and birds and offers a beautiful alternative to the traditional yard. Inside, the flexible floor plan provides plenty of room for everyday living, entertaining and working from home. The primary bath features a curbless, zero-threshold shower, and the home is wired with Cat 6 Ethernet throughout. Updates include a Class 4 impact-resistant roof (2026), water heater (2024) and HVAC (2023). Energy-efficient windows and sliding glass doors, upgraded insulation, a radiant barrier and ceiling fans in every room help keep the home comfortable and utility costs down. Refrigerator, washer and dryer are included. Located in The Colony with convenient access to SH 121, Lewisville Lake, parks, recreation, dining, shopping and major North DFW employment centers. Garden photos were taken in late spring at peak growth, before the summer drought. Drought-adapted native plants rebound each fall and spring.

5209 Pruitt Dr, The Colony

$213,000

2 Beds ⋅ 1 Baths ⋅ 21393672 MLS

Say hello to your new happy place in the heart of The Colony! This beautifully updated half duplex packs 2 bedrooms, 1 full bath and 888 sf of open concept charm, with spacious rooms and closets roomy enough to actually hold your stuff. The kitchen is ready for its close-up with a new electric range, vent hood and dishwasher (2026), dimmable LED lights for setting the mood, and counters updated in 2014. The refrigerator even sticks around! A full-size laundry room and pantry mean laundry day and snack storage just got a whole lot easier. The sellers have done the heavy lifting, so you don't have to. Fresh luxury vinyl plank flooring, new baseboards and paint (2026) give the whole place a crisp, clean look, and the bathroom got some love too with updated vanities and fixtures (2026). The not-so-glamorous but oh-so-important stuff is covered: water heater (2022), HVAC (2022), windows and front door (2022) and roof (2019). The foundation was repaired in 2014 and comes with a warranty for extra peace of mind. Plus, an Ecobee smart thermostat keeps things comfy without you lifting a finger. Step outside to a fenced backyard with real grass, front and back gates, refreshed landscaping and a rear 2 car driveway. And the best part? No HOA telling you what to do! Life is easy here with major highways, shopping, dining and entertainment all nearby. Want to get outside? Parks, fishing, disc golf, a playground and trails are close by, so your weekends are basically planned. Come see this one before someone else calls it home.

6049 Mcafee 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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