$583,000
5829 Cypress Cove Dr, The Colony, TX, 75056
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Welcome to this gorgeous 4-bedroom, 2.5-bath corner-lot home in the highly desirable Stewart Peninsula. Nestled near Lake Lewisville and within walking distance to a scenic golf course, this residence offers a blend of comfort, fun, and unbeatable location. The flowing floor plan boasts high ceilings throughout and comes with appliance upgrades: NEW electric tankless water heater 2025 & NEW downstairs AC 2025 (both with warranty included). From the moment you enter, you will be enchanted by a beautiful high ceiling entryway and abundant natural light from the tall windows. The main floor has a spacious dining room, an open-concept kitchen with SS gas cooktop & hooded vent and ample cabinetry overlooking the living room. Primary suite is a true retreat featuring a garden tub, separate seamless glass shower, double vanities, oversized mirror, and a large walk-in closet. Upstairs is a family room, 3 spacious bedrooms & updated full bath with double sinks. The extra flex room is perfect for a playroom, office, or creative space. Stewart Peninsula offers exceptional amenities including a 9-hole golf course and driving range, an adults-only infinity pool with lake views, a family pool with water slides, a sandy swimming beach, fishing pier, boat ramp, playgrounds, and miles of trails. The community is conveniently located just minutes from top-rated schools, the vibrant Grandscape district with endless dining, shopping, and entertainment, and close to HWY 121 for easy commuting. Enjoy lakeside living and schedule your private tour today!
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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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