




$835,868
NAL Estimated Property Value5845 Austin Waters, The Colony, TX, 75056
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About this property
Discover this spacious 4-bedroom, 3.1-bathroom gem in the highly coveted Austin Waters community, blending modern elegance with functional design. Natural light floods every corner of this contemporary home, showcasing sleek hardwood floors that flow throughout the open-concept living areas. The heart of the home is the gourmet kitchen, featuring stainless steel appliances, granite countertops, & an oversized island perfect for casual dining or entertaining. The dual office spaces provide the perfect setup for remote work or study, while the media room offers a dedicated space for entertainment. The primary suite is a true retreat, complete with a spa-like ensuite bathroom & generous walk-in closet. Additional bedrooms are spacious & well-appointed. Outside, enjoy a beautifully landscaped bkyd with covered patio, ideal for relaxing or hosting guests. Fantastic community amenities, & easy access to shopping and dining near Grandscape & Legacy West, this home offers luxury & convenience.
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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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