The Colony Homes under $250,000

Welcome to The Colony, Texas – a vibrant city nestled in the heart of Denton County, just a stone’s throw from the shimmering shores of Lake Lewisville. Known for its family-friendly atmosphere and community spirit, The Colony offers a delightful blend of suburban tranquility and urban convenience. With its rich array of parks, recreational facilities, and a close-knit community vibe, it's no wonder that so many families and young professionals are choosing to call this charming city home.

For those seeking affordability without sacrificing quality, The Colony boasts an impressive selection of homes priced under $250,000. This makes it an ideal destination for first-time homebuyers, investors, and anyone looking to settle down in a thriving area without breaking the bank. The real estate market here features a variety of options, from cozy townhomes to spacious single-family residences, all designed to meet diverse lifestyles and preferences.

Residents of The Colony enjoy easy access to an array of amenities, including top-rated schools, shopping centers, and delectable dining options. The city's commitment to community events and activities creates a welcoming environment where neighbors become friends. Plus, with its proximity to major highways and the bustling Dallas-Fort Worth metroplex, commuting for work or leisure is a breeze.

Whether you’re looking to start a new chapter in your life or simply searching for a place to invest, The Colony's affordable housing market and inviting community make it an excellent choice. Discover your dream home in The Colony today – where comfort meets affordability!

Newest The Colony Homes under $250,000

$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

$139,000

2 Beds ⋅ 1 Baths ⋅ 21389059 MLS

Welcome to an affordable opportunity in Haven Hills Mobile home with land in Home Estates offering 2 bedrooms, 1 bath and a 6,752 sq. ft. lot. This property offers plenty of potential for an owner-occupant or investor looking to add value through updates. Listing photos were enhanced to remove personal items and clutter.Enjoy a convenient location near Lewisville Lake, dining, shopping, entertainment, and everyday amenities, plus a spacious yard with mature trees and outdoor space. With its central location in The Colony and flexible possibilities, this property is ready for your vision schedule your showing today !

7443 Anderlan, The Colony

$223,000

3 Beds ⋅ 2 Baths ⋅ 21377365 MLS

Excellent location, priced below market and ready for your updates. Open floor plan, 3 bedrooms, 2 baths, large yard. Bring your investor offers! Some images in this listing have been virtually staged. Repairs needed include but are not limited to roof, siding, all flooring, baths, and kitchen. No Blind offers or Wholesale offers. No SDN available.

5717 Terry St, The Colony

$195,000

2 Beds ⋅ 1 Baths ⋅ 21374697 MLS

Welcome to this well-maintained residence offering comfort, functionality, and a convenient location. This inviting home features a bright, open layout with spacious living areas designed for both everyday living and entertaining. Large windows bring in natural light, creating a warm and welcoming atmosphere throughout. The kitchen offers ample cabinet and counter space, providing efficiency and flexibility for meal preparation. The bathroom has been tastefully updated, adding a fresh, modern touch to the home. A new AC system was purchased in Fall 2024, providing added peace of mind and energy efficiency. Additional bedrooms offer versatile options for a home office, hobby space, or guest accommodations. Step outside to a private backyard with room to relax, garden, or entertain, plus a small storage shed for added convenience. Located just minutes from Grandscape and near shopping, dining, parks, and major roadways, this property offers easy access to everything The Colony has to offer. A wonderful opportunity to enjoy comfortable living in a prime North Texas location.

4638 Carr St, The Colony

$249,000

2 Beds ⋅ 2 Baths ⋅ 21358798 MLS

Located at 6051 Dooley Dr in The Colony, this well-maintained 2-bedroom, 2-bath half duplex with a dedicated office offers a low-maintenance ownership opportunity with no HOA, low property taxes, and a convenient location near parks, shopping, dining, and major commuter routes. Buyers searching for homes in The Colony will appreciate the functional floor plan, thoughtful updates, and easy access to the area's employment and lifestyle amenities. Inside, the kitchen features granite countertops and connects naturally to the main living area, while the split-bedroom layout places the 2 bedrooms at opposite ends of the home, each with its own private bath. This arrangement provides flexibility and separation between the bedrooms while maximizing the home's efficient design. The dedicated office adds valuable space for working from home, hobbies, or additional storage. Outside, the fenced backyard provides private outdoor space, while the rear driveway accommodates 2 vehicles with additional street parking available. Major updates include a roof installed in 2019 with new decking and an AC system replaced in 2021. Located next to Bill Allen Park, the property is near a 48-acre recreational area featuring a golf course, picnic areas, pond, playground, and basketball court. Conveniently positioned near SH 121 and the Dallas North Tollway, the home is also close to Lake Lewisville, IKEA, shopping, restaurants, and major employment centers throughout the North Dallas area. With no HOA, low property taxes, a flexible office, and convenient access to everyday amenities, this The Colony property offers a compelling option for buyers seeking a home or investment opportunity. 3D tour available online

6051 Dooley Dr, The Colony

$250,000

1 Beds ⋅ 1 Baths ⋅ 21323462 MLS

UNLIVABLE, VALUE IN LAND. Rare opportunity to secure a spacious residential homesite in the heart of The Colony with exceptional investment potential. Situated on an expansive, fenced lot with mature trees providing shade and natural privacy, this property offers endless possibilities for future development, a custom homesite, or a long-term investment in one of the area's most desirable and rapidly growing locations. The existing mobile homes on the property are uninhabitable and are being sold strictly for land value. No access to the mobile homes will be permitted. Buyers are encouraged to explore the incredible potential this property offers while performing their own due diligence regarding future use. Ideally located just minutes from Grandscape, Nebraska Furniture Mart, Topgolf, Hawaiian Falls, Lake Lewisville, and an abundance of shopping, dining, and entertainment. With convenient access to Sam Rayburn Tollway (SH 121) and major employment corridors, this is a unique chance to invest in a thriving area where opportunities like this are becoming increasingly scarce. Bedroom and bathroom measurements are not accurate.

4362 Sunset Cir, The Colony

$239,900

2 Beds ⋅ 2 Baths ⋅ 21325755 MLS

Tucked into one of The Colony’s most convenient neighborhoods, this inviting two-bedroom, two-bath home offers the kind of easy living that’s becoming harder to find. Warm, welcoming, and thoughtfully refreshed, the home blends timeless character with clean, modern finishes to create a space that feels comfortable from the moment you walk in. Natural light fills the open living and dining areas, while the functional layout makes everyday living feel effortless. The kitchen and baths have been tastefully updated, creating a home that feels fresh without sacrificing warmth or personality. Step outside to a private backyard with alley access—perfect for relaxing evenings, entertaining friends, or simply enjoying a little extra outdoor space. Investments include a new roof, new HVAC, and new electrical panel. Located just minutes from Grandscape, Lake Lewisville, Topgolf, Nebraska Furniture Mart, and the area’s premier shopping, dining, and entertainment. You’ll also enjoy quick access to Highway 121, the Dallas North Tollway, and major employment centers throughout Plano, Frisco, and Legacy West. Whether you’re buying your first home, simplifying your lifestyle, or adding a quality property to your investment portfolio, this home offers an exceptional opportunity in one of North Texas’s growing communities.

4618 Carr St, The Colony

$200,000

2 Beds ⋅ 2 Baths ⋅ 21332123 MLS

Welcome home! Motivated seller! This lovely duplex offers 2 large bedrooms and 2 full bathrooms. Over $8,000 in recent improvements. New roof August 2026 with transferable warranty. August 2026 HVAC system: Blower wheel cleaned, Advanced In-Place detergent cleaning-indoor evaporator coil, 60 Amp service disconnect replaced at outdoor unit and replaced suction line insulation. Plumbing work completed in hall bath. One of the largest floor plans in the community. Vaulted ceiling and a spacious living area and dining area with built-in cabinets for extra storage. Open concept with kitchen overlooking living area and dining area and has breakfast bar, microwave, dishwasher, disposal, electric range and refrigerator. Enjoy being outside on your covered patio. No HOA. Conveniently located near Lewisville Lake, Grandscape. Professionally cleaned. Easy access to major highways. Refrigerator, full sized washer and dryer stay.

4625 Nervin St, The Colony

$250,000

3 Beds ⋅ 1 Baths ⋅ 21271541 MLS

Look no further in the quaint 3 bedroom, 1 bath home in the unique Garza lake estates. This neighborhood has a mixture of new and older homes, all while being close to the lake. Grocery store and shopping within 5 minutes of driving and 2 playgrounds nearby. This home is perfect for both small families looking to buy a home in a good school district, and investors looking to flip or rent out. Three rooms as well as an open floor plan with added bonus spaces.

4520 W Lake Highlands Dr, The Colony

$247,900

2 Beds ⋅ 1 Baths ⋅ 21302043 MLS

Don't miss this opportunity to own an affordable home with one of the nicest backyard's in the neighborhood, located in one of North Texas's most convenient locations. With easy access to the North Dallas Tollway and SH 121, commuting is a breeze, while shopping, dining, and everyday essentials are just minutes away. Enjoy an active lifestyle with nearby parks, scenic trails, and Lake Lewisville just around the corner. Spend weekends outdoors, take the family to the playground, or tee off at the beautiful and budget-friendly 9-hole golf course overlooking the lake. Whether you're a first-time homebuyer, looking to downsize, or searching for a smart investment property, this home offers the perfect combination of comfort, convenience, and value. With the recent price adjustment, now is the perfect time to make it yours!

4508 Carr St, The Colony

$235,000

2 Beds ⋅ 1 Baths ⋅ 21259820 MLS

**MOTIVATED SELLER!*JUST REDUCED!** Welcome to the most well-cared-for half-duplex in The Colony! Features include 2 spacious bedrooms and 1 full bathroom in a highly desirable, centrally located neighborhood with NO HOA. This inviting home features a functional, open layout filled with natural light, complemented by tasteful updates and easy, low-maintenance living—perfect for both owner-occupants and savvy investors. NEW windows and sliding glass doors. This property presents an immediate opportunity with future flexibility for leasing in the future. Ideally situated just minutes from premier shopping, dining, and entertainment destinations such as Legacy West and Grandscape, the location offers exceptional convenience. Enjoy quick access to major highways, nearby parks, Lake Lewisville, schools, and retail hubs, making everyday living effortless. Whether you're looking to expand your investment portfolio or secure a move-in-ready home with potential, this property offers a compelling blend of comfort, location, and long-term value. Schedule your showing today!

4410 Chapman St, The Colony

$250,000

3 Beds ⋅ 2 Baths ⋅ 21242863 MLS

Located in the heart of The Colony just blocks from Lake Lewisville, this beautifully remodeled 3-bedroom, 2-bath home offers the perfect blend of modern upgrades and prime location. With a thoughtfully updated living space, every detail has been carefully considered. Step inside to find a fully renovated kitchen featuring granite countertops, updated cabinetry, and modern finishes—ideal for both everyday living and entertaining. The home boasts updated bathrooms, new flooring and including sleek, seamless glass showers that add a touch of luxury. The functional layout maximizes space and comfort, while the one-car garage provides convenience and additional storage. Outside, enjoy a generously sized yard with plenty of room for outdoor activities, gardening, or simply relaxing. Whether you're looking for a move-in-ready home or a stylish retreat near the water, this property is a must-see. Don't miss your opportunity to own a fully upgraded home in one of the area’s most desirable communities.

4220 Malone Ave, The Colony

Start Your Search

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.

Last updated: