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Original Colony Neighborhoods, The Colony TX

The Colony, Texas

Original Colony Neighborhoods, The Colony

The Fox and Jacobs sections that started The Colony in 1974, platted as numbered Colony subdivisions with 1970s and 1980s brick homes.

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Overview

Inside Original Colony Neighborhoods

Before Grandscape and The Tribute, The Colony was a Fox and Jacobs home development. The builder bought about 3,000 acres near SH 121 and FM 423 in 1973, the first families moved in by October 1974, and the city incorporated in January 1977. Those early neighborhoods are still platted as numbered sections, such as Colony No. 18 and Colony 19, with mostly single-story brick homes from the late 1970s and 1980s. They fit first-time buyers, investors and anyone who wants a yard close to SH 121 at a lower price than newer parts of town.

The lesson here is that these homes are priced on condition. One Colony No. 18 listing at $342,000 disclosed a 2024 foundation repair and a 2025 sewer line replacement, which is the kind of work I ask about on every home this age. If you are selling, have the repair paperwork and any transferable warranty ready, because it calms buyers and appraisers; if you are buying, I budget for foundation, sewer and roof inspections up front so there are no surprises.

Before you visit a model home

The builder's rep works for the builder. I work for you.

As your agent I owe you fiduciary duties under Texas law: I have to put your interests above everyone else's, including my own, and tell you anything material I learn about the deal. In that sales office, I'm the only real advocate you have.

I read the build, not the brochure

I walk the slab, the framing before drywall and the final with you and your inspector, and I know what to push back on.

Every builder on one page

A builder's rep sells one community. I put your budget side by side across builders, with the PID or MUD, the school district and the incentive each one is offering that month.

Incentives that lower your payment

Builders offer price cuts, closing costs or a rate buydown. I run the numbers on each option so you take the one that does the most for your monthly payment.

Start to keys

Builders write their own contracts, not the standard state forms. I go through every page with you, and stay on it until you have the keys.

Build with Miguel →

On new construction the builder usually pays my fee, and I confirm it in writing before you sign. Bring me, or register me, on your first visit, because many builders won't add an agent later.

Around town

Around Original Colony Neighborhoods

Trail along Lewisville Lake at Ridgepointe Park in The Colony, Texas
Ridgepointe Park

Photos via Wikimedia Commons. Ridgepointe Park: Kevin Payravi, CC BY-SA 4.0

At a glance

The facts

Fox and Jacobs[1]
Original developer
bought about 3,000 acres near SH 121 and FM 423 in 1973
October 1974[1]
First residents
January 1977[1]
City incorporated
1978 and 1983[2]
Example years built
about 1,880 sq ft homes in Colony No. 18 and Colony 19
Lewisville ISD[2]
School district
Owen and Peters Colony elementary, Griffin Middle, The Colony High per listings; verify
$342,000[2]
Recent resale
1,880 sq ft, Colony No. 18, listed July 2025, pending
$2,395 a month[3]
Recent rent
1,881 sq ft remodeled home, Colony 19, Aug 2026
Builders
Fox and Jacobs (original)
Amenities

Neighborhood walking trails and playgrounds (per listing), Close to The Colony community center (per listing), Quick access to SH 121 and Lewisville Lake parks

Location

The original Fox and Jacobs sections sit in central The Colony (ZIP 75056) around North Colony Boulevard, between SH 121 to the south and Lewisville Lake to the west.

Taxes, MUD and PID

Most of The Colony is in Lewisville ISD, and the combined rate depends on the school district and any special assessments tied to the lot. I pull the taxing entities and the last tax bill for each address so you can see the real monthly cost before you write an offer.

On the map

Where Original Colony Neighborhoods sits

Drive times, schools and shopping around it. Ask me for a tour of the area.

Open in Google Maps →

Miguel Gomez, REALTOR®
Your agent

Meet Miguel.

Miguel Gomez is a Texas REALTOR® with Texava Brokerage. He works with first-time home buyers, new construction and families relocating to North Texas, and he gets back to you the same day.

FAQ

About Original Colony Neighborhoods

Who built the original homes in The Colony, TX?
Fox and Jacobs developed The Colony, buying about 3,000 acres in 1973, with the first families moving in by October 1974. Many listings still show the original numbered Colony subdivision names.
How much are homes in the older parts of The Colony?
Prices vary with size and updates. A 1,880 square foot 1978 home in Colony No. 18 listed at $342,000 in July 2025 and went pending, and a remodeled 1983 home in Colony 19 was offered for rent at $2,395 a month in August 2026.
What is my older Colony home worth?
It depends on the section, square footage, foundation history and how much has been updated. I prepare a free comparative market analysis and walk the home with you to show which repairs or updates are worth doing before you list.
What should I inspect on a 1970s or 1980s home in The Colony?
Plan on a full inspection plus a close look at the foundation, sewer line and roof. Ask the seller for records of any past foundation or plumbing work, since those disclosures directly affect value.
Recent sales

Every home that sold in Original Colony Neighborhoods, last 90 days

Sale price, price per square foot and days on market for each sale, pulled from the MLS by Miguel. Useful if you are thinking about selling or want to know if a listing is priced right.

Listing alerts

New listings in Original Colony Neighborhoods, straight from the MLS

Miguel sets up an MLS search with your price range, and new homes reach you the day they hit the market, with photos, price and history. Your number stays with Miguel.

Miguel confirms by text. Stop anytime.
Talk to Miguel

Looking in Original Colony Neighborhoods?

I track new listings, resale history and builder incentives here. Tell me what you need and I'll send what fits.

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