Welcome to The Colony—“The City by the Lake”! This charming single-story 3-bedroom, 2-bath home offers a great opportunity in an outstanding location. The open kitchen flows directly into the living room, creating a comfortable layout for everyday living and entertaining. The kitchen features updated cabinets, a slide-in electric range, dishwasher and disposal. The spacious primary bedroom includes a walk-in closet and private bath with a shower, while the secondary bedrooms offer additional flexibility. Bedroom 3 features mirrored sliding closet doors. A large hallway storage closet provides plenty of extra storage. The home also features a wood-burning fireplace, ceiling fans throughout, window blinds, and a mix of carpet, wood laminate, ceramic tile and vinyl flooring. Energy-efficient improvements include updated Low-E vinyl windows and sliding patio door, plus a Nest thermostat. The all-electric home also includes a 2-car garage with a smart Wi-Fi garage door opener. Step outside to the large fenced backyard with a wood deck—an excellent space for relaxing, entertaining or enjoying the outdoors. Front landscaping adds to the home's curb appeal. Conveniently located near the Grandscape shopping and entertainment district, Lake Lewisville recreation and numerous dining and shopping options, with easy access to DFW International, Dallas Love Field and McKinney airports. The home could use some updating, but it offers a great opportunity for a buyer looking for value, a desirable location and the chance to make it their own. Priced to sell!