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The Colony Homes for Sale in Bastrop, TX
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The Colony is a master-planned community in Bastrop County, set among the distinctive Lost Pines landscape that makes this corner of Central Texas unlike anywhere else in the Austin metro. Buyers are drawn here by new construction from national builders like Perry Homes, Westin Homes, and Ashton Woods, along with generous lot sizes and a pace of life that the closer-in suburbs simply cannot replicate. At roughly 35 miles east of downtown Austin via TX-71, residents get real proximity to the city while staying rooted in the outdoor-oriented character of Bastrop County. The historic river town of Bastrop, just minutes away, rounds out the picture with a genuine downtown full of local restaurants, coffee shops, and a growing arts scene. Neighborhoods | Schools | New Construction | Lifestyle & Outdoors | Getting Around | Market Overview | FAQs
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About The Colony Homes for Sale in Bastrop, TX
Neighborhoods & Subdivisions in The Colony
The Colony is organized as a single large master-planned development in Bastrop County, with nearly all residential activity concentrated within The Colony and Colony subdivisions. The community has a cohesive feel, with planned street connectivity, consistent architectural standards, and shared amenities that give it a more finished character than older rural-road neighborhoods in the county. Lots run generous for a planned development, averaging close to four-tenths of an acre, which puts meaningful space between homes and gives buyers room for landscaping, outdoor living areas, and in some cases a pool.
Home sizes in The Colony lean toward the larger end of the spectrum, with most floorplans starting above 2,000 square feet and stretching comfortably past 3,000. The four-bedroom configuration dominates the neighborhood, though three-bedroom and five-bedroom plans are well-represented across the various builder product lines. The range of plan types means buyers can find something suited to a home office setup, multi-generational living, or simply a layout that gives everyone enough room to spread out without being in each other's way.
New Construction in The Colony
New construction is one of The Colony's defining strengths. Perry Homes, Westin Homes, Ashton Woods, and Lennar all maintain an active presence in the community, which means buyers can tour model homes, walk finished spec inventory, or sign a contract on a to-be-built home depending on their timeline. Having four established national builders competing for buyers in the same neighborhood keeps build quality honest and gives purchasers real leverage when it comes to lot premiums, upgrade packages, and closing cost incentives.
Each builder brings a distinct design sensibility. Ashton Woods tends to emphasize architectural detail and interior finishes, while Perry Homes is recognized for functional layouts and a strong warranty program. Westin Homes typically offers larger footprints with flex spaces like game rooms and media rooms, and Lennar's Everything's Included approach bundles upgrades into the base price rather than itemizing them separately. Jaimes Home Construction rounds out the builder mix with a more custom-oriented approach for buyers who want a higher degree of input on the finished product. For buyers interested in new construction, The Colony is one of the most complete marketplaces for it in the Bastrop area.
Schools in The Colony
The Colony is served by Bastrop Independent School District, a mid-sized district with campuses spread across eastern Bastrop County. Elementary students in The Colony attend Colony Oaks Elementary, which sits within or adjacent to the community itself, as well as Bluebonnet Elementary, Cedar Creek Elementary, and Mina Elementary depending on the specific address. Having Colony Oaks Elementary close to the neighborhood is a practical advantage for residents on that side of the development.
Middle school students feed into Bastrop Middle School, Cedar Creek Middle School, Creekside Middle School, or Riverside Middle School. At the high school level, Bastrop ISD operates Bastrop High School, Cedar Creek High School, and Genesis High School. Genesis functions as an alternative campus with smaller class sizes and a more individualized curriculum, which gives students in the district meaningful options beyond the traditional comprehensive high school model. Attendance boundaries in growing communities like The Colony can shift as new phases come online, so buyers should confirm current boundaries directly with Bastrop ISD before making decisions based on a specific campus.
Lifestyle & Outdoors in The Colony
Bastrop County is known across Central Texas for the Lost Pines, a geographically isolated stand of loblolly pines that covers thousands of acres in the area and creates a landscape that feels genuinely different from the cedar and live oak Hill Country to the west. Residents of The Colony have easy access to this environment through Bastrop State Park and McKinney Roughs Nature Park, which straddles the Colorado River just west of Bastrop. McKinney Roughs alone offers over 18 miles of trails, river access, and wildlife habitat that would be hard to match anywhere else in the Austin metro area.
Lake Bastrop, managed by the Lower Colorado River Authority, gives residents two public parks on the water with boat ramps, fishing, swimming areas, and camping. The Colorado River winds through the county and adds to the overall sense of natural abundance that defines life in this part of Texas. For everyday needs, grocery stores, pharmacies, and retail along TX-71 between The Colony and downtown Bastrop cover most bases. The HEB on Chestnut Street handles the bulk of grocery runs, and Bastrop's downtown square has evolved into a genuine local destination with restaurants, coffee shops, boutique retail, and the historic Bastrop Opera House anchoring a growing arts and culture scene.
Getting Around The Colony
The Colony's location in Bastrop County puts residents roughly 30 to 35 miles east of downtown Austin, with TX-71 serving as the primary commute corridor. Off-peak drives into the city typically run 40 to 50 minutes. Rush hour, particularly westbound in the morning and eastbound in the afternoon, can push that closer to an hour or beyond depending on conditions around the US-183 interchange and the SH-130 toll corridor. Residents who work in southeast Austin or near Austin-Bergstrom International Airport often find the commute more workable than the raw mileage suggests, since that direction of travel tends to avoid the heaviest inbound congestion.
State Highway 21 provides an alternate route connecting Bastrop to the south and east, useful for reaching Smithville or accessing US-183 south toward Lockhart. There is no commuter rail serving Bastrop County at present, so most residents plan around a car-dependent commute. Many buyers in The Colony offset the drive by working remotely part of the week, which has made Bastrop County increasingly competitive with closer-in Austin suburbs as hybrid and remote work arrangements have become standard in many industries.
The Colony Real Estate Market
The Colony's market is defined in large part by its active new construction pipeline, which keeps inventory moving and gives buyers more options than a resale-only neighborhood typically offers. Buyers can often choose between move-in ready spec homes, quick-close inventory, and to-be-built contracts, and the presence of multiple builders means that one builder's pricing or incentive changes ripple through the whole community fairly quickly. Resale sellers in The Colony compete directly with builder inventory, which tends to keep expectations grounded and the market honest.
The four-bedroom home is the dominant product type, but the range from three-bedroom starter plans to five-bedroom premium configurations gives the community appeal across a fairly wide spectrum of needs and budgets. Lot premiums for backing to greenspace, sitting on cul-de-sacs, or capturing pond views can add meaningful value to otherwise similar floor plans. Understanding those site-specific differences matters as much as the base price when evaluating whether a given home is priced right relative to its neighbors.
Neuhaus Realty Group works with buyers throughout Bastrop County, including The Colony and the surrounding Bastrop market. If you want an agent who knows the builder reputations, which lot premiums are worth paying, and how resale comps stack up against new construction pricing, lets connect and talk through what you're looking for. You can also browse all Austin area homes for sale to get a broader sense of how The Colony fits into the regional market.
Frequently Asked Questions
Ed Neuhaus
Broker / Owner, Neuhaus Realty Group · TREC #593057
Licensed Texas Realtor since 2007 serving Austin and the Hill Country. Investor, STR operator, and straight-talking advisor for buyers, sellers, and investors. 16 five-star reviews.
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