If you are thinking about moving to The Colony, TX, but are not sure what to expect, you have come to the right place. The Colony is a suburb city in Dallas, Texas, popular for its picturesque views of Lewisville Lake as well as its thriving entertainment scene. Known as the City by the Lake, it combines all the conveniences of a big city while providing a nice escape from the rush of Dallas. Read on to learn everything you should know about living in the Colony.
What is the Cost of Living in The Colony?
With a Cost-of-Living Index (COLI) of 109.0, The Colony is 9% more than the national average. This Cost-of-Living Index is also slightly higher than Dallas, which averages 103.5. Typically, a family of four should earn up to $82,200 annually to live comfortably in the Dallas Metro Area.
The median home price is roughly $390,000. There are numerous homes for sale available that The Colony real estate agent Donna Marcotte can help you explore, ranging from apartment homes and single-family homes to condos, and luxury estates. Besides, if you want to rent a property, you can find homes for rent for an average of $1,800 per month.
What are the Best Neighborhoods to Live in The Colony?
If you are considering moving to The Colony, there are numerous family-friendly, close-knit, and luxury neighborhoods to choose from. Nonetheless, some of the best neighborhoods include:
- Thousand Oaks at Austin Ranch
Thousand Oaks at Austin Ranch is a high-end apartment community in The Colony. It is close to parks, such as The Thicket, and amenities like Uptown Yoga Austin Ranch. With modern and stylish architecture, this neighborhood provides condominiums, townhomes, garden-style apartments, and lofts available for sale.
- Flatiron District at Austin Ranch
This neighborhood is well-known for its industrial-style architecture, proximity to the city’s attractions, and lavish facilities. Flatiron District at Austin Ranch offers a unique sense of community that you will not find anywhere.
- Creekside at Austin Waters
Creekside is an outdoor enthusiast’s paradise because it is constructed around a nature preserve. The family-friendly Colony area offers a variety of bike, walking, and hiking trails, as well as amenities reminiscent of a resort-style lifestyle.
Fun Things to Do in The Colony
Located about 30 miles north of Dallas’ downtown, The Colony is a one-stop destination that offers convenient access to both the great outdoors and retail therapy. Explore the biggest shopping malls in the country, such as SCHEELS and NFM.
You can also have a relaxing afternoon drinking artisan beer, practice your tee shot on a lakefront fairway, or take a stroll along beautiful nature trails, and parks. Also, experience the live music scene at Lava Cantina, where top bands across the nation come to perform. These open-space venues also act as restaurants, offering some top Mexican fare cuisines, and more.
Buy Your Dream Home in The Colony
Are you looking to move to The Colony? Contact Donna Marcotte for help in finding the best homes for sale. As an experienced local agent, Donna understands The Colony real estate market, and has the right networks to all available listings. Donna will work with you to identify suitable properties and guide you through the purchase process. Get started today!