Outstanding development opportunity in one of The Colony's fastest-growing retail corridors. This assemblage of 5 lots totals 0.591 acres (approximately 25,744 square feet) and sits at the signalized corner of Main Street and Lake Highlands Drive, offering substantial frontage on Main St and excellent visibility and access at a high-traffic intersection. Zoned General Retail (GR), the site is cleared, level, and grass-covered — ready for development with minimal site work. Located just minutes from Lake Lewisville and within close proximity to the explosive growth surrounding Grandscape, Nebraska Furniture Mart, and The Colony's booming retail and entertainment district, this corner offers strong exposure for retail, restaurant, medical, or mixed-use concepts. The Colony continues to attract major first-to-market tenants and national retailers, making this an ideal location to plant a flag in a high-growth submarket of the DFW Metroplex. ** All information deemed reliable, but buyer and buyer's agent to verify all details, including schools and measurements.**
Lot/land
$675,000
7501 Main St, The Colony, TX 75056
--beds
--baths
0.59Acres
Unimproved Land
Built in ----
0.59 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Cleared level and grass-covered
- 18 days
- 53
- 2
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Kim Drees 0686772 817-801-3030,
Briggs Freeman Sothebys Intl 817-801-3030,
Kris Drees 0736156 817-525-3169,
Briggs Freeman Sothebys Intl
Source: NTREIS,MLS#: 21394446
Facts & features
Interior
Video & virtual tour
Property
Lot
- Size: 0.59 Acres
- Features: Cleared, Corner Lot, Level, Few Trees, City Lot
- Residential vegetation: Grassed
Details
- Parcel number: R08226
- Zoning description: Retail
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Sewer Available, Water Available
Community & HOA
Community
- Features: Curbs, Sidewalks
- Subdivision: Garza Lake Estates
HOA
- Has HOA: No
Location
- Region: The Colony
Financial & listing details
- Tax assessed value: $31,449
- Annual tax amount: $608
- Date on market: 9/25/2026
- Cumulative days on market: 61 days
- Listing terms: Cash,Conventional
- Road surface type: Concrete
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/25/2026 | Listed for sale | $675,000 |
Source: NTREIS #21394446 Report a problem | ||
| 8/29/2026 | Listing removed | $675,000 |
Source: NTREIS #21329612 Report a problem | ||
| 7/16/2026 | Listed for sale | $675,000 |
Source: NTREIS #21329612 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $608 -0.4% | $31,449 0% |
| 2024 | $610 -1% | $31,450 |
| 2023 | $616 -6.7% | $31,450 |
| 2022 | $660 -4.2% | $31,450 |
| 2021 | $689 -1.6% | $31,450 +0% |
| 2020 | $700 +9.8% | $31,449 +9.5% |
| 2019 | $638 +48.7% | $28,708 +53.4% |
| 2018 | $429 | $18,720 |
| 2017 | -- | $18,720 +8220% |
| 2016 | -- | $225 |
| 2015 | -- | $225 -91% |
| 2010 | -- | $2,495 -94.4% |
| 2009 | -- | $44,635 -0.1% |
| 2007 | $1,156 -5.2% | $44,673 +0.3% |
| 2006 | $1,218 -2.2% | $44,525 -1.9% |
| 2005 | $1,245 | $45,372 -8.7% |
| 2004 | -- | $49,694 -4.2% |
| 2003 | -- | $51,879 +8.8% |
| 2002 | -- | $47,667 +16.4% |
| 2001 | -- | $40,947 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Garza Lake Estate
Nearby schools
Schools provided by the listing agent
- Elementary: Ethridge
- Middle: Lakeview
- High: The Colony
- District: Lewisville ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.



