The Colony Homes under $400,000

Welcome to The Colony, Texas – a vibrant city nestled in the heart of Denton County, where suburban charm meets lakeside living! With its picturesque landscapes and friendly community, The Colony is an ideal destination for families, young professionals, and retirees alike. Known for its rich recreational opportunities, this city boasts proximity to the stunning shores of Lewisville Lake, providing residents with a plethora of outdoor activities such as boating, fishing, and hiking.

As you explore The Colony, you’ll discover a diverse array of homes that cater to various lifestyles and budgets. If you’re in the market for a cozy residence without breaking the bank, you’ll be delighted to find an impressive selection of homes priced under $400,000. These properties range from charming single-family homes to modern townhouses, each offering unique features that make them perfect for first-time buyers or those looking to downsize.

Living in The Colony means enjoying a thriving community with excellent schools, numerous parks, and convenient access to shopping and dining options. The city is also home to the popular Hawaiian Falls Waterpark and the scenic The Colony Five Star Complex, which hosts a variety of events and activities throughout the year.

With its affordable housing options and vibrant lifestyle, The Colony is not just a place to live; it’s a place to thrive. Come discover your dream home in this delightful city and experience all that The Colony has to offer!

Newest The Colony Homes under $400,000

$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

$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

$338,000

3 Beds ⋅ 2 Baths ⋅ 21397605 MLS

5221 Alpha Dr, The Colony

$310,000

3 Beds ⋅ 2 Baths ⋅ 21395810 MLS

Welcome to this super sweet 1-story home, perfectly situated just minutes from beautiful Lake Lewisville! Step inside to discover a spacious living room featuring a cozy wood-burning fireplace—the perfect spot to unwind on cool Texas evenings. The layout is bright and airy, with a light and inviting kitchen that boasts crisp white cabinets, sleek white appliances, and plenty of counter space for all your culinary creations. The master suite is a true retreat, complete with a newly remodeled bathroom featuring a double vanity, a separate soaking tub, and a walk-in shower. The entire home is adorned in neutral colors, providing a blank canvas ready for you to add your personal touch and make it your own. Outside, the private backyard features a lovely deck area—ideal for morning coffee, weekend BBQs, or simply relaxing in the fresh air. Enjoy the convenience of being within walking distance to Ethridge Elementary and just a short drive to Highway 121, where you'll find endless shopping, dining, and entertainment options.

4149 Fryer St, 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 North Texas habitat garden more than two decades in the making. Thoughtfully designed with Texas native and climate-adapted plants, the landscape features pollinator-friendly plantings, flagstone paths, rain barrels, a dry creek bed, rain garden, stonework and inviting outdoor gathering spaces. Designed to work with the North Texas climate, this established garden welcomes butterflies, bees and birds while offering a beautiful alternative to the traditional lawn. Inside, the flexible floor plan provides plenty of room for everyday living, entertaining or working from home. Located in The Colony with convenient access to SH 121, Lewisville Lake, parks, recreation, dining, shopping and major North DFW employment centers. A distinctive home where comfortable living, thoughtful landscaping and North Texas lifestyle come together. New, class 4 roof installed 2026. New HVAC as of January 2023. New water 2024. Windows, sliding glass doors, updated insulation and radiant barrier added making the home energy efficient. The house has cat 6 throughout and the primary bath has a curbless zero-threshold shower. The landscaping photos were taken before the drought to showcase how it is in late 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

$319,000

3 Beds ⋅ 2 Baths ⋅ 21390781 MLS

Welcome home to this inviting single-story home with NO HOA, a versatile floor plan, abundant storage, and exceptional outdoor living space. Step inside to an open living and dining area filled with natural light. The spacious kitchen features a large picture window, refrigerator, granite countertops, built-in cabinetry, and an entire wall of additional shelving for all your kitchen essentials. A mobile island provides convenient extra prep space and flexibility. The living room centers around a floor-to-ceiling brick wood-burning fireplace with raised hearth, creating a warm focal point for everyday living and gatherings. The primary bedroom offers low-maintenance stained concrete flooring and plenty of room for a sitting area. A barn-door-style entry leads to the en suite bath with a large walk-in shower and walk-in closet. The converted garage adds valuable flexible living space with a dry bar, making it ideal for entertaining, a game room, additional living area, or home office. French doors open directly to the showstopper of the backyard—an oversized covered patio wired for TV and ready for game days, parties and gatherings with friends and family, or simple relaxing evenings. A tranquil natural-stone water fountain adds a peaceful touch, while the side yard offers space for your gardening ideas. Enjoy a prime location with Friendship Park and playground just down the street. Nearby Stewart Creek Park and Campground offers boat access, a fishing pier, and swimming beach for outdoor recreation. Conveniently located near Lake Lewisville and Grandscape, with exceptional shopping, dining, and entertainment. This home offers space, flexibility, and a location that makes everyday living easy. Come see all it has to offer!

4128 Newton St, The Colony

$339,000

3 Beds ⋅ 2 Baths ⋅ 21366394 MLS

EXTENSIVELY UPDATED HOME! Photos coming soon!! Move-in ready and packed with updates! This beautifully refreshed home offers the perfect combination of comfort, style, and value—ideal for a homeowner or an investor looking for a property with many of the big-ticket improvements already completed. Recent upgrades include new exterior paint, new windows and sliding doors, new interior doors and hardware, a new fence, new garage door, and epoxy flooring in the garage. Inside, the spacious living room features wood-look flooring and a cozy wood-burning fireplace, creating an inviting space to relax or entertain. The updated kitchen shines with new cabinetry, countertops, hardware, an oversized designer sink, new double-door refrigerator, and dishwasher. Both bathrooms have also been beautifully refreshed with new flooring, updated cabinetry and vanities, stylish finishes, and a newly renovated shower. Two generously sized secondary bedrooms offer plenty of flexibility for family, guests, a home office, or hobby space. Even better, the property includes a home warranty plan in place through 2028, providing added peace of mind for the next owner. Tucked away on a quiet cul-de-sac, this home is exceptionally well positioned for enjoying everything North Texas has to offer. Just approximately 7 minutes from Grandscape, 14 minutes from PGA Frisco, and 25 minutes from DFW International Airport, you’ll have premier shopping, dining, entertainment, recreation, and travel all within easy reach. With convenient access to Highway 121 and a central location, getting around the Metroplex is a breeze. Extensively updated, well maintained, and truly move-in ready—all that’s left to do is bring your furniture and make it yours!

5309 Rutledge Ct, The Colony

$349,900

3 Beds ⋅ 2 Baths ⋅ 21390835 MLS

Welcome home to 5208 Knox Dr! Designed for both comfort and effortless entertaining, this move-in ready residence blends modern style with functional indoor-outdoor living in a peaceful neighborhood setting. The spacious inviting kitchen boasts of ample counter space with the option for an eat in kitchen at the bar or separate dining area. The primary suite includes sleek sliding barn doors opening into an large, upgraded closet. Fully updated bathrooms complete with custom tiling, LED anti fog mirrors and a frameless glass walk-in shower in primary. Water proof LVP flooring throughout the home and modern landscaping outside create the ultimate balance. Updates include 2026 HVAC, 2025 windows, 2024 roof, updated covered back patio, all new appliances, LED anti fog bathroom mirrors and much more! No survey on file, buyer to purchase if needed. Agent has vested interest. Buyer Note: Street road work is currently underway and scheduled to be completed within 30 days!

5208 Knox Dr, The Colony

$359,990

3 Beds ⋅ 2 Baths ⋅ 21390914 MLS

Updated and move in ready!! Lots of LVP throughout. Kitchen has white cabinets, stainless steel appliances, white quartz countertops. Updated Windows. Both bathrooms have quartz, tile, chrome fixtures. Large wood deck in back. Walk out back to the Shoreline Trail on lake Lewisville!! No HOA and No carpet. Sprinkler system.

4405 Queen Cir, 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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