$299,900
5100 Alpha Dr, The Colony, TX, 75056
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About this property
Rare opportunity to own a beautifully maintained home in The Colony’s established and highly desirable neighborhoods. This inviting residence offers a comfortable, functional floor plan with abundant natural light and versatile living spaces designed for everyday living and entertaining. The spacious corner lot provides plenty of room to relax and build your imagination. Lots of upgrades and new appliances. Conveniently located near neighborhood schools, parks, walking and biking trails, and The Colony Fire Department. Enjoy quick access to Grandscape, Nebraska Furniture Mart, Andretti Indoor Karting, Topgolf, Hawaiian Waters, Stewart Creek Park, Lake Lewisville, The Tribute Golf Links, Legacy West, and The Shops at Legacy. The Colony’s popular restaurants, shopping destinations, community festivals, and seasonal events are also just minutes away. With convenient access to Highway 121, Main Street–FM 423, The Colony Boulevard, Dallas North Tollway, and I-35E, commuting to Frisco, Plano, Legacy Business Park, Granite Park, Toyota Motor North America, PepsiCo, Liberty Mutual, JPMorgan Chase, and other major North Texas employers is quick and convenient. This property combines a desirable location, comfortable living spaces, a generous lot, and easy access to some of the area’s best shopping, dining, entertainment, and outdoor recreation.
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: The Colony
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These are Deal List properties graded A+, A.
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