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Colonial Place Homes for Sale in Austin, TX

Colonial Place is a quiet, established residential neighborhood tucked into the eastern edge of Travis County, offering single-family homes on generously sized lots at some of the more accessible price points in the Austin area. Served by Manor ISD, the neighborhood draws buyers who want proximity to Austin without paying central city prices, and who value the kind of rooted, low-key character that older neighborhoods tend to carry. Homes here tend to be well-proportioned ranch-style houses with mature trees, private yards, and room to breathe, sitting on quarter-acre lots that have become increasingly hard to find closer to downtown. Neighborhoods | Schools | Market Overview | Getting Around | FAQs

$342,500 Median Price
47 Avg Days on Market
4 Active Listings
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Recent Sales in This Area

3 bed, 3 bath, residential lease at 4712 Lake George LN # 189, Austin TX 78754, Austin TX Off Market
Sold Sep 2025
3 bd 3 ba 2,120 sqft
4712 Lake George LN # 189, Austin TX 78754 Austin, TX 78754
4 bed, 3 bath, residential lease at 4712 Lake Champlain LN, Austin TX 78754, Austin TX Off Market
Sold Jul 2025
4 bd 3 ba 2,350 sqft
4712 Lake Champlain LN, Austin TX 78754 Austin, TX 78754
3 bed, 3 bath, residential lease at 9114 Magna Carta LOOP, Austin TX 78754, Austin TX Off Market
Sold Jul 2025
3 bd 3 ba 1,848 sqft
9114 Magna Carta LOOP, Austin TX 78754 Austin, TX 78754
4 bed, 3 bath, residential lease at 4805 Virginia Dare LN, Austin TX 78754, Austin TX Off Market
Sold Jul 2025
4 bd 3 ba 2,487 sqft
4805 Virginia Dare LN, Austin TX 78754 Austin, TX 78754
3 bed, 3 bath, residential lease at 9402 MAGNA CARTA LOOP, Austin TX 78754, Austin TX Off Market
Sold Jun 2025
3 bd 3 ba 1,841 sqft
9402 MAGNA CARTA LOOP, Austin TX 78754 Austin, TX 78754

About Colonial Place Homes for Sale in Austin, TX

Neighborhoods & Subdivisions in Colonial Place

Colonial Place sits within a compact footprint in eastern Travis County, with most activity concentrated in two subdivisions: Colonial Place and Colonial Place Amd (the amended plat that expanded the original boundaries). Both sections share a consistent character: single-family residential homes, modest to mid-sized square footage, and lot sizes that average around a quarter acre. You won't find high-rises or townhome clusters here. This is a neighborhood of actual houses with actual yards, which is part of what makes it appealing to buyers who want tangible space for their money.

The original Colonial Place platting dates back several decades, which means the street grid is established and the tree canopy has had time to fill in. The amended section tends to reflect similar construction eras and housing styles, keeping the neighborhood feeling cohesive rather than patchwork. Buyers comparing Colonial Place to newer master-planned communities to the north or west will notice the difference immediately: here, the streets feel lived-in and the landscaping is mature rather than freshly installed.

If you're browsing Austin area homes for sale and want an established neighborhood with room to grow, Colonial Place is worth a closer look before the area sees further appreciation from east Austin's continued expansion.

Schools in Colonial Place

Colonial Place falls entirely within Manor Independent School District, one of the faster-growing school districts in the Austin metro. Students from this neighborhood attend Bluebonnet Trail Elementary, which serves the younger grades. Middle schoolers have two options depending on zoning: Decker Middle School and Manor Middle School, both within the district. High school students attend Manor High School.

Manor ISD has invested significantly in its campuses and programs in recent years, driven by the district's rapid enrollment growth as more buyers move into the eastern Travis County corridor. The district offers a range of extracurricular programs, CTE (Career and Technical Education) pathways, and athletics at the high school level. For buyers who want to verify current attendance zones or program offerings, Manor ISD's website maintains up-to-date boundary maps and enrollment information.

Real Estate Market Overview

Colonial Place occupies a distinct position in the broader Austin market: it offers established, single-family residential housing at price points that remain accessible relative to neighborhoods closer to central Austin or the tech corridors along 183 and Mopac. The homes here tend to be three- and four-bedroom residences with functional floor plans and outdoor space, appealing to buyers who prioritize value per square foot over walkable amenities or new construction finishes.

The neighborhood has no new construction activity, which keeps its inventory tight and its character consistent. Sales in Colonial Place tend to be resale transactions on homes that have been owned and maintained over years. Buyers should expect to work with older construction and should budget for inspections that account for the age of the homes, but many of these properties have been updated over time and represent solid, move-in-ready opportunities.

Because the neighborhood is small and sales volume is modest, market conditions here can shift based on a handful of transactions. Working with Neuhaus Realty Group gives you access to current comparable data and a team that understands how to price and position in low-volume neighborhoods where a single sale can skew averages significantly.

Getting Around Colonial Place

Colonial Place's eastern Travis County location puts it within a reasonable drive of Austin proper, with access to US-290 East being the primary corridor connecting residents to central Austin, the airport, and major employment centers. Depending on traffic and the specific point of origin, downtown Austin sits roughly 15 to 25 minutes away under normal conditions, though peak rush hour congestion on 290 can extend that window.

Austin-Bergstrom International Airport is one of the closer major destinations from Colonial Place, benefiting from the neighborhood's eastern positioning. Buyers who travel frequently for work will appreciate that airport runs don't require navigating across town. The Domain and tech corridors along Research Boulevard are accessible via US-290 and connecting routes, keeping the neighborhood within reach of a significant share of Austin's employment base.

Public transit options in this part of Travis County are limited compared to central Austin, so most residents rely on personal vehicles for daily commutes and errands. Nearby commercial development along Manor Road and US-290 provides grocery, dining, and service options without requiring a trip to central Austin for everyday needs.

Living in Colonial Place

Life in Colonial Place runs at a slower pace than the dense, event-filled neighborhoods closer to downtown. The surrounding area offers easy access to Walter E. Long Metropolitan Park, a large Travis County park featuring Lake Walter E. Long, which draws residents for fishing, boating, and outdoor recreation. The park is one of the larger green spaces in eastern Travis County and adds meaningful recreational value to this part of the metro.

The neighborhood's proximity to the expanding eastern Austin corridor means residents are well-positioned to benefit from ongoing commercial and retail development in the area, including the growth along US-290 and Manor Road. East Austin's culinary and arts scene, centered around the areas closer to Cesar Chavez and East 6th, is accessible within a short drive and gives residents city-side options when they want them.

For buyers comparing Colonial Place to similar neighborhoods, the combination of lot size, home scale, and location makes it a practical choice in a metro where that combination has become harder to find at accessible price points.

Frequently Asked Questions

What school district serves Colonial Place?
Colonial Place is zoned to Manor Independent School District. Elementary students attend Bluebonnet Trail Elementary, middle schoolers are served by either Decker Middle or Manor Middle School depending on specific zoning, and high school students attend Manor High School. Buyers should confirm current attendance boundaries directly with Manor ISD before purchasing.
How far is Colonial Place from downtown Austin?
Colonial Place is located in eastern Travis County, putting it roughly 15 to 25 minutes from downtown Austin under normal traffic conditions via US-290 East. Morning rush hour can extend commute times, so buyers who work downtown regularly should factor in typical peak-hour conditions along that corridor.
Is Colonial Place an affordable neighborhood compared to Austin overall?
Yes. Colonial Place sits at a more accessible price point relative to central Austin and many of the western suburbs. It's positioned as a value-oriented neighborhood for buyers who want single-family homes with real yard space without paying premiums associated with neighborhoods closer to the tech corridors or downtown core.
Are there HOA fees in Colonial Place?
Colonial Place is an older, established neighborhood and generally does not carry mandatory HOA fees the way newer master-planned communities do. Buyers should confirm HOA status during due diligence, but the lack of an HOA is one of the things that keeps carrying costs lower in this neighborhood compared to newer developments.
Is there new construction available in Colonial Place?
No. Colonial Place is a fully built-out neighborhood with no active new construction. All available homes are resale properties. Buyers looking for new construction in the eastern Austin area will need to look at newer subdivisions in the broader Manor or Pflugerville corridors.
What are property tax rates like in Colonial Place?
Colonial Place is in Travis County, where effective property tax rates typically run in the range of 1.8% to 2.2% of assessed value annually, though individual rates vary based on the specific taxing entities that apply to a given address, including school district levies. Buyers should request a full tax breakdown from the Travis Central Appraisal District for any specific property they're considering.
What types of homes are available in Colonial Place?
The neighborhood is entirely single-family residential. Most homes are traditional ranch-style houses with three or four bedrooms, sitting on lots that average around a quarter acre. The housing stock is older construction, which means established landscaping and mature trees but also the need for buyers to budget for inspection findings typical of homes of that age.
What nearby areas should I compare to Colonial Place?
Buyers considering Colonial Place often also look at nearby east Austin neighborhoods and communities in the Manor area, which share similar price positioning and Manor ISD zoning. The broader Austin east side offers some comparable options, though inventory and price points can vary significantly block by block.
Ed Neuhaus, Austin Realtor

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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Listing data provided by ACTRIS MLS. Information deemed reliable but not guaranteed. © 2026 Austin Central Texas Realty Information Service.

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