About this property

Please be advised that best and final offers are due no later than 9:00 AM (CST) on Monday, November 24, 2025. This listing includes two lots – 4529 & 4531 W Lake Highlands Drive, The Colony, TX 75056. Each lot is 0.1435 acres, combining for a total of 0.287 acres. Storage building is empty, with a small climate controlled office area and large garage area. Discover a rare opportunity to own prime land and stunning potential for your custom dream home. Perfectly situated across from the prestigious Waters Edge gated community, this property is just a short walk to Lewisville Lake and the community park, offering a peaceful setting with beautiful natural surroundings. Enjoy an unbeatable location with convenient access to PGA Headquarters, Grandscape, The Shops at Legacy, The Star in Frisco, Stonebriar Mall, Topgolf, The Tribute Golf Complex, and Stewart Creek Park—all just minutes away. This property is ready for construction—making it ideal for a wide-home design or custom layout. Whether you’re planning your forever home or an investment build, the possibilities are endless in this sought-after area. Additional highlights include: No HOA, Easy access to major highways and city amenities, Family-friendly surroundings near parks, trails, and excellent schools (Stewarts Creek Elementary, Lakeview Middle, and The Colony High), Exceptional investment potential in one of The Colony’s most desirable neighborhoods. Don’t miss your chance to secure a double lot in a prime location offering both convenience and tranquility. Build your dream home and enjoy all that this growing lakeside community has to offer!