Denton County · DFW

Sell your The Colony house for cash.

Diamond Acquisitions buys houses across The Colony for cash — the original Fox & Jacobs core in Eastvale, Westbury, and the older central streets, plus the lake and SH-121 side near The Tribute, Austin Ranch, and Grandscape. Aging-owner cash-outs, tired-landlord and out-of-state rental exits, Grandscape-economy relocations, split-ISD tax questions, and hail-claim files all handled as-is.

No fees. No commissions. Written offer in 24 hours.

How our process works

The The Colony market

What we see in The Colony

The Colony is the Denton County market that breaks the usual cash-buyer template, because it is the opposite of a distressed inner-ring city. It is young, affluent, and owner-heavy — a median household income around $114,500, a median age of about 38, and roughly 60% owner-occupancy — so distress here is event-driven (relocation, divorce, landlord fatigue, deferred maintenance) rather than poverty-driven. The cash-buyer value here is speed, certainty, and as-is convenience, not financial rescue. Four forces shape the seller mix and the way we underwrite.

The first is that The Colony is one of DFW's first true master-planned tract suburbs. Builder Fox & Jacobs bought roughly 3,000 acres around SH-121 and FM-423 in 1973, first families moved in during 1974, and the city incorporated in 1977. The result is a distinctive barbell housing stock: an original 1970s–1980s core of efficient single-story tract homes on the south and central side — Eastvale, Westbury, and the older streets locals call the "T's" and "W's" — sitting beside brand-new product on the lake and SH-121 side, where homes in The Tribute run from about $600K up past $7M. That original core is now roughly 45 to 50 years old, the age band where roofs, HVAC, foundations, electrical panels, and finishes are all due at once. It is exactly the inventory conventional and FHA buyers discount and we buy as-is, pricing the repairs in at our internal cost rather than the retail-investor markup other cash buyers use.

The second force is the rental base. The Colony runs roughly 40% renter-occupied, anchored by the Billingsley-built Austin Ranch and Parks at Austin Ranch district — one of the densest rental ecosystems in the city — plus scattered single-family rentals across the older core. That produces a deep pipeline of tired and out-of-state landlords who want out, often owners who bought at the 2021–2022 peak. We buy those tenant-occupied, sign remotely for out-of-state owners, and skip the MLS and property-manager transition entirely.

The third force is that The Colony, unlike most bedroom suburbs, has built an on-its-own-soil retail-entertainment economy. Nebraska Furniture Mart opened in 2015 inside the 433-acre Grandscape district, joined by Scheels, Andretti Indoor Karting, and Galaxy Theatres, with the Legacy and Frisco corporate corridor next door. That economy drives frequent relocation and job-churn sales where a seller needs a firm closing date to match orders and takes cash certainty over a contingent listing that might fall through.

The fourth force is local fluency that templated competitor pages get wrong. The Colony is a split-ISD city: most of it is Lewisville ISD, but The Tribute in the northeast corner is Little Elm ISD, which carries a higher school tax rate — so a Tribute owner's all-in carrying cost differs from the rest of the city. With an effective property-tax rate around 1.67% and the city sitting squarely in the DFW hail belt (Denton County logged 26 hail reports within 10 miles of the city center in 2024, the largest baseball-sized, and a county disaster declaration followed the May 2024 severe-weather outbreak), tax catch-up and hail-claim files are recurring triggers. The Colony is entirely within Denton County, so we work the county file through our standard title-and-probate workflow — probate runs through Denton County Probate Court No. 1, the foreclosure auction is the first Tuesday of each month in Denton, and our title attorney handles any chain-of-title or estate cure inline with closing so you never run two transactions.

Neighborhoods

Where we buy in The Colony

We have closed on houses in these The Colony neighborhoods. If your house is in a part of The Colony not listed here, we likely still buy — call us.

The Tribute
Stewart Peninsula
Austin Ranch / The Parks at Austin Ranch
Austin Waters / Creekside at Austin Waters
Castle Hills Northeast
Eastvale
The "T's" and "W's" (original core)
Lake Ridge Estates
Westbury
Northpointe / Ridgepointe
The Legends (Legend Bend, Legend Crest, Legend Trails)
Waterford Point / Waters Edge

Situations we see in The Colony

Why The Colony sellers reach out

Aging-owner cash-outs of original Fox & Jacobs tract homes in the 1970s–1980s south and central core — The Colony was founded in 1973 as one of DFW's first purpose-built master-planned tract suburbs, and that original inventory in Eastvale, Westbury, and the "T's" and "W's" is now roughly 45 to 50 years old, the age band where roof, HVAC, foundation, electrical panel, and dated finishes all come due at once; owners who don't want to sink $40K–$80K into a pre-listing rehab or sit through FHA repair demands sell as-is for cash
Out-of-state and tired landlords exiting The Colony's deep rental base — the city runs roughly 40% renter-occupied, with the Billingsley-built Austin Ranch / Parks at Austin Ranch district (Thousand Oaks, The Hudson, Flatiron District, The Chloe, The Beacon) forming one of the densest rental ecosystems in the city, plus scattered single-family rentals across the older core; owners who bought at the 2021–2022 peak or self-manage badly from another state want out, and we buy tenant-occupied with remote signing, no MLS, no property-manager transition
Relocation and job-churn sellers tied to the Nebraska Furniture Mart / Grandscape retail-entertainment economy — NFM (opened May 2015, around 2,200 employees at opening inside the 433-acre Grandscape district), Scheels (a 325,000-sq-ft store with 400-plus employees), Andretti Indoor Karting, and Galaxy Theatres drive frequent in-and-out moves, and the Legacy/Frisco corporate corridor next door adds a commuter relocation flow; a transferring household that needs a firm closing date to match orders takes cash certainty over a contingent MLS listing
Split-ISD tax-fluency sellers — The Colony is a two-district city: most of it is Lewisville ISD, but The Tribute in the northeast corner sits in Little Elm ISD, which carries a higher school tax rate; a Tribute owner's all-in carrying cost differs materially from the rest of the city, and out-of-state owners underwriting a sale often miss this, so getting it right is the first trust signal we offer
Storm- and hail-damaged homes stuck in an insurance-claim mess — The Colony sits squarely in the DFW hail belt; in 2024 Denton County logged 26 hail reports within 10 miles of the city center, the largest at 2.75 inches (baseball-sized), and the broader May 2024 Denton County severe-weather outbreak triggered a county disaster declaration; an owner with a denied or underpaid roof claim, or who can't front the deductible — acute on the 45-to-50-year-old original-roof Fox & Jacobs stock — sells as-is rather than fight the carrier
Failed-flip and over-leveraged investor exits on the new-product side — the 2020–2022 flipper wave and speculation on pricier Tribute and new-construction product left some half-finished or below-pro-forma projects; we buy partial rehabs and stalled flips that conventional financed buyers won't touch
Inherited 1970s–1980s core homes held by out-of-town heirs — The Colony is a young, working-age suburb (median age 37.8), so this is a secondary pipeline rather than the lead, but the original Fox & Jacobs owners are now reaching the age where dated single-story homes pass to scattered heirs who don't want to clean out, repair, and stage; they sell as-is for cash through a single Denton County closing
Divorce and life-event sales needing speed and privacy — the affluent, family-heavy demographic means estate splits and divorces often involve higher-value homes where both parties want a fast, clean, off-market sale without a for-sale sign going up in an HOA neighborhood
Property-tax and payment catch-up sellers — with a roughly 1.67% effective rate (and Little Elm ISD's higher school rate inside The Tribute), carrying costs are real; an owner behind 12 to 18 months, especially an out-of-state landlord with no homestead or over-65 relief, sells before the first-Tuesday Denton County foreclosure auction

Private sale option

Sell your house quietly in The Colony

The Colony sellers often call us when the house has a private complication — repairs, tenants, title work, inherited ownership, or a timeline they do not want broadcast online.

Diamond can review the property privately and make a straightforward cash offer without public listing photos, open houses, repair requests, or strangers walking through the home. You choose the closing timeline; we work through a Texas title company and keep the conversation direct.

Request a private cash offer Call (469) 942-6444

The Colony FAQ

Common questions from The Colony sellers

Do you actually buy houses in The Colony, or just the bigger DFW cities?

Yes, The Colony is in our active DFW buy box and Denton County is a county where we have closed deals. We close through Denton County title companies that handle local recording and title cures as a standard part of their book, so the file stays in the metro. Whether your house is an original Fox & Jacobs home in the older core or newer product near the lake, we buy as-is for cash — no agents, no showings, no repairs.

My house is one of the original Fox & Jacobs homes and it needs everything — will you still buy it?

Yes. That original 1970s–1980s tract stock in the south and central core — Eastvale, Westbury, the "T's" and "W's" — is now around 45 to 50 years old, and we expect roof, HVAC, foundation, electrical, and dated finishes to all need attention at the same time. That's exactly the inventory financed buyers discount and we buy as-is. We price the repairs in at our internal cost, not a retail-investor markup, which is why sellers here often net more on our offer than after a buyer renegotiates post-inspection.

I rent out a place in Austin Ranch — can you buy it with a tenant still in it?

Yes. The Colony runs roughly 40% renter-occupied, and the Austin Ranch district is one of the densest rental ecosystems in the city, so tenant-occupied purchases are routine for us. You don't have to evict first, and you don't have to manage a property-manager transition. We buy the property as-is, sign remotely if you're out of state, and handle the tenant transition after closing on our timeline, not yours.

My house is in The Tribute — does the school district change anything?

It changes your tax math, and it's a detail templated cash-buyer pages routinely get wrong. The Tribute sits in Little Elm ISD, while the rest of The Colony is in Lewisville ISD, and the two carry different school tax rates — which affects your all-in carrying cost and a buyer's underwriting. It doesn't change our offer process: we buy in both districts as-is for cash. We just price the file correctly because we know which district your home is actually in.

Will you buy a home with hail or storm damage and an open insurance claim?

Yes. The Colony sits squarely in the DFW hail belt — in 2024 Denton County logged 26 hail reports within 10 miles of the city center, the largest baseball-sized at 2.75 inches — and the wider May 2024 severe-weather outbreak brought a Denton County disaster declaration. A denied or underpaid roof claim, or a deductible you can't front, is a normal underwriting item for us, and it's acute on the original-roof Fox & Jacobs stock. We close on the house as-is rather than make you fight the carrier first.

How fast can you close on a house in The Colony?

Clean-title Denton County closings run about 10 to 14 days from accepted offer. Files that need more work — a probate estate, a tax delinquency, or a foreclosure timeline — take 30 to 60 days while the title company and our title attorney work the cure inline. The Colony is entirely in Denton County, so probate runs through Denton County Probate Court No. 1 and the foreclosure auction is the first Tuesday of each month in Denton; if you're facing that date, contact us early so we can intervene before the sale.

Real estate investor instead? Browse off-market Texas investment properties — sourced under contract by Diamond and assigned in a single closing.

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