The Colony Homes under $500,000

Welcome to The Colony, an enchanting subdivision nestled in the heart of Bastrop, Texas. This charming community offers a perfect blend of small-town warmth and modern conveniences, making it an ideal place for families, retirees, and everyone in between. With its picturesque surroundings and a strong sense of community, The Colony is a hidden gem that beckons those looking for a serene lifestyle without sacrificing access to urban amenities.

One of the standout features of The Colony is its diverse range of homes available for under $500,000. Whether you’re a first-time homebuyer or seeking a cozy retreat, you’ll find a variety of options that cater to different tastes and needs. From contemporary designs to classic styles, each home is thoughtfully crafted, ensuring comfort and quality. Many properties boast spacious yards, perfect for outdoor gatherings or simply enjoying the Texas sunshine.

Living in The Colony means embracing a lifestyle rich in leisure and recreation. Residents can enjoy nearby parks, scenic trails, and the stunning Colorado River, ideal for fishing, kayaking, or leisurely strolls. The vibrant downtown area of Bastrop is just a short drive away, offering delightful dining, shopping, and cultural experiences.

With its affordable housing options and a welcoming atmosphere, The Colony is not just a place to live; it’s a place to thrive. Come discover your dream home in this delightful subdivision, where community spirit and natural beauty come together to create a truly exceptional living experience.

Newest The Colony Homes under $500,000

$447,528

4 Beds ⋅ 3 Baths ⋅ 2887430 MLS

NEW CONSTRUCTION BY ASHTON WOODS! Available November 2026! Discover the captivating allure of this thoughtfully designed home plan, boasting a total of 4 bedrooms and 2.5 bathrooms across two impeccably crafted stories. With a spacious living area and a charming dining space, the Cassidy home plan exudes a warm and inviting ambiance for memorable gatherings. The open-concept layout offers seamless flow, while generous storage and large windows flood the space with natural light. Ideal for both relaxation and entertaining, this home offers everything you need for comfortable living. This home was used as an Ashton Woods Sales Center/Model Home and features the Luxe Design Collection.

119 Coleto Trl, Bastrop

$359,442

3 Beds ⋅ 2 Baths ⋅ 1773503 MLS

NEW CONSTRUCTION BY ASHTON WOODS! Available December 2026! The Cheyenne II welcomes you with a striking, elongated entryway that opens to an expansive gourmet kitchen, dining area and spacious family room. With generous windows throughout, natural light floods the home creating a bright and airy atmosphere. Whether you're entertaining or relaxing, this thoughtfully designed layout offers the perfect blend of style, comfort and functionality. This home features the Ashton Woods Artisan Design Collection. Representative images and renderings are for illustrative purposes. Actual structural options and design finishes of home may vary.

132 Coleto Trl, Bastrop

$323,181

3 Beds ⋅ 2 Baths ⋅ 1173442 MLS

NEW CONSTRUCTION BY ASHTON WOODS! Available December 2026! Experience the perfect blend of privacy and convenience in the single-story Manchester II. This thoughtfully designed home features a secluded primary suite, offering a tranquil retreat. The dining nook, set apart from the family room, creates an intimate space for family meals or quiet moments. With its well-planned layout, the Manchester II ensures comfort and privacy throughout, making it ideal for those seeking a peaceful, functional living environment. This home features the Ashton Woods Laguna Design Collection. Representative images and renderings are for illustrative purposes. Actual structural options and design finishes of home may vary.

180 Coleto Trl, Bastrop

$499,900

3 Beds ⋅ 3 Baths ⋅ 4640985 MLS

A home office with French doors is set at the entry, which leads to the main living areas featuring 10-foot ceilings throughout. Kitchen hosts a 5-burner gas cooktop, a walk-in pantry, generous counter space, and an inviting island with built-in seating space overlooking the dining area. The family room features a wall of windows and access to the covered backyard patio. The primary bedroom highlights a wall of windows. Double doors lead to the primary bath with dual vanities, a freestanding tub, a separate glass-enclosed shower, and a large walk-in closet with private access to the utility room. A secondary bedroom, a full bath, and a guest suite with a private bath complete this one-story design. Landscaping features a 7-zoned sprinkler system. A mud room is off the two-car garage.

142 Kildrummy Pass, Bastrop

$384,900

4 Beds ⋅ 2 Baths ⋅ 4164040 MLS

The inviting Kendall plan is now available in the serene masterplan community of The Colony. When stepping into the Kendall, you are welcomed with a long entryway with three bedrooms splitting off. As you make your way into the heart of the home, you are greeted with the open design of the kitchen overlooking the family room. Designed to impress, the kitchen showcases a large island with extensive counterspace and walk-in pantry. Providing peace and tranquility, the primary suite is tucked away in a corner of the home, with windows looking out to the back yard.

106 Nandina Path, Bastrop

$472,900

3 Beds ⋅ 2 Baths ⋅ 9956221 MLS

Designed with you in mind, the Belfort plan at The Colony features three spacious bedrooms, including an unparalleled master suite, two full baths, an expansive family room leading into a kitchen created for cooking connoisseurs, and more. An extensive back patio creates a space for outdoor dinners with your family and friends under the stars. With the finest finishes and designer touchers, the Belfort is sure to enhance every aspect of your lifestyle.

144 William Hersee Dr, Bastrop

$458,900

3 Beds ⋅ 2 Baths ⋅ 2535734 MLS

Designed with you in mind, the Alden plan at The Colony features 3 spacious bedrooms, including an unparalleled master suite, two full baths, an expansive family room leading into a kitchen created for cooking connoisseurs, and more. An extensive back patio creates a space for outdoor dinners with your family and friends under the stars. With the finest finishes and designer touchers, the Alden is sure to enhance every aspect of your lifestyle.

152 Loysoya St, Bastrop

$472,900

3 Beds ⋅ 2 Baths ⋅ 3691657 MLS

127 William Hersee Dr, Bastrop

$458,900

3 Beds ⋅ 2 Baths ⋅ 6360248 MLS

145 William Hersee Dr, Bastrop

$450,000

4 Beds ⋅ 4 Baths ⋅ 6299230 MLS

PRICED TO SELL!!!! Most four-bedroom homes come with one primary suite. This one comes with two, and both earn the title. Set on .86 acres behind the gates of The Colony, the single-level layout places the suites on opposite sides of the home, each with its own ensuite and walk-in closet. That separation gives two generations or long-term guests comfortable accommodations without either having to settle for the secondary setup. Two additional bedrooms, another full bath, and a separate half bath complete the floor plan. Between the two primary suites, the kitchen, living room, and casual dining area stay connected, with high ceilings and backyard-facing windows keeping the acreage in sight. The kitchen is built around function, with gas cooking, a center island, cabinetry along three walls, and a wraparound breakfast bar that gives company a place to sit without taking over the prep zone. A separate dining room can host formal meals or take on a completely different role. Wide-plank flooring and carpet were installed in March 2026. The nearly one-acre lot becomes especially apparent out back. A covered patio and extended deck open to a broad, largely uninterrupted yard with no home directly behind it. Keep it open, or add a pool, outdoor kitchen, play area, or all three; this lot can handle more than one idea at a time. Residents of The Colony have access great amenities, such as: fitness center, sauna, Olympic-sized pool, pickleball courts, and more! Downtown Bastrop, shopping, dining, ABIA, Tesla, and major routes into Austin are also within convenient reach. One level, two fully appointed primary suites, and .86 acres outside the door, three details that completely change what a four-bedroom home can do. Buyer to verfiy all info.

268 Chisholm Trl, Bastrop

$449,815

4 Beds ⋅ 3 Baths ⋅ 4211788 MLS

NEW CONSTRUCTION BY ASHTON WOODS! Available November 2026! In the sun-filled Somerville, create lasting memories with family game nights in the spacious family room and celebrate holidays around the large kitchen island designed for gathering. Host casual evenings with friends on the covered back patio. At the end of the day, retreat to the quiet comfort of your private primary suite, offering a peaceful escape from the bustle of everyday life. Don't miss this chance to call the Colony home!

136 Coleto Trl, Bastrop

$399,900

3 Beds ⋅ 3 Baths ⋅ 7858123 MLS

Home office with French doors set at entry with 11-foot ceiling. Open kitchen offers 5-burner gas cooktop, center island and corner walk-in pantry. Dining area opens to spacious family room with wall of windows and a wood mantel fireplace. Private primary suite includes bedroom with wall of windows. Dual vanity, freestanding tub, separate glass-enclosed shower and large walk-in closet in primary bath. Abundant closet space and natural light throughout. Covered backyard patio. Mud room off two-car garage.

267 Maddy Way, Bastrop

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Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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