$1,374,000
7242 Waters Edge Dr, The Colony, TX, 75056
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About this property
Welcome to your dream oasis nestled within the ultra exclusive gated community of The Waters Edge, where luxury and sophistication merge to create an unparalleled living experience. This magnificent Tuscan Villa boasts an array of custom features and exquisite finishings, offering an unmatched level of comfort and elegance. The Villa's exterior is a masterpiece of architectural design and its grandeur is immediately evident as you approach. Step inside to discover a meticulously curated interior that exudes opulence and warmth. High-end finishes and the finest materials have been used throughout, creating an atmosphere of refinement. The villa's outdoor living spaces are a true testament to luxury living, with a private piazza and pool, and two terraces for entertaining while taking in sunset lake views. This Villa is conveniently located in the heart of Dallas, offering easy access to the PGA Frisco, The Star, The Grandscape, and DFW airport while still providing a peaceful sanctuary.
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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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