The Colony TX Stewart Peninsula Subdivision Guide
providing local real estate market insight
A Local Colony Realtor's Guide to Stewart Peninsula Subdivision in The Colony Texas helps relocating home buyers get a feel for the Stewart Peninsula neighborhoods as they research the best place to call home in The Colony TX, the city by the lake. If you would like additional information about the Stewart Peninsula real estate market, please call Mark at 214-514-1800 or e-mail Mark Hitz, your local Keller Williams Realtor Of Choice in The Colony whose office is just a few minutes away at 3700 Standridge Drive, The Colony TX.
Stewart Peninsula Subdivision consists of 762 custom or semi-custom homes that are one and two story modern traditional single family residences with 2 or 3 car garages. There are no townhomes, duplexes or apartments. All Stewart Peninsula homes are Brick and or Stone and built on a slab foundation (no basements). Stewart Peninsula offers 2 community pools (one is adult only) and a playground for Homeowner families.
The 2009 Average Home Tax Value is $237,973. The 2008 Average Home Sale is $233,446. See Table Below for more Local Real Estate Market Facts about Stewart Peninsula, The Colony TX.
Click Here to Search All Stewart Peninsula Neighborhood Homes For Sale
Stewart Peninsula Homeowners Considering Selling
You want a Knowledgeable Local Realtor to market and sell your home. I am that Realtor. I personally developed this Stewart Peninsula guide because I know the Stewart Peninsula Real Estate Market. Please call me to discuss selling your home.
Stewart Peninsula Homes and Real Estate Market Overview
The Stewart Peninsula Subdivision in The Colony Texas is located on the eastern shores of Lewisville Lake along with the Stewart Peninsula Public Golf Course. Stewart Peninsula Subdivision home construction began in 1995 and was substantially completed in 2003. Between 2005 and 2007 Park Avenue Custom Homes built out many remaining SP Northshore lots with prices ranging from $325K to $600K+ which increased the $ Average Home Sold Price for both 2006 and 2007. Thus the 2008 and YTD 2009 Average Sold Data shows a dramatic decrease from 2007, before the real estate market crashed in Fall 2007. Yes, right now is a good time to buy a home in Stewart Peninsula.
Stewart Peninsula, as a Whole Subdivision, experienced a downturn in the Average $$ Home Sold Price during the National Mortgage Market Housing Crisis. I personally researched and created the real estate table below to provide home sold data since 2005. If you want more detailed information on Stewart Peninsula, contact me. If you want to use my data in another publication, just ask.
Homes Sold in the Stewart Peninsula Subdivision The Colony TX
| Useful Data | 2010 to 06/01 Data | 2009 Homes Sold Data | 2008 Homes Sold Data | 2007 Homes Sold Data | 2006 Homes Sold Data | 2005 Homes Sold Data |
| Number of Homes Sold | 23 | 36 | 53 | 57 | 54 | 56 |
| Average Sold Price | $221,562 | $229,688 | $233,446 | $252,893 | $243,367 | $206,902 |
| Median Sold Price | $208,500 | $207,000 | $208,800 | $217,000 | $209,500 | $195,750 |
| High Sold Price | $390,000 | $440,000 | $465,000 | $694,782 | $508,698 | $393,600 |
| Low Sold Price | $160,000 | $151,900 | $148,500 | $155,000 | $156,000 | $157,900 |
| Ave Price per Square Foot | $80.70 | $86.44 | $88.60 | $90.27 | $85.00 | $79.16 |
Need more specific info? Just ask and I can provide it to you individually.
I was informed by the North Texas MLS to remove the detailed / specific home sold information that was on this website because the MLS restricts this from public websites. Apparently there are real estate agents who didn't like that I provided detailed local information so they reported my site.
This Colony TX Real Estate Market information on the Stewart Peninsula Subdivision, The Colony TX, was researched and compiled by Mark Hitz, local Keller Williams Realtor. Mark's office address: 3700 Standridge Drive, Suite 100, The Colony, TX. Mark's Direct Line: 214-514-1800. Information deemed reliable but not guaranteed. This information cannot be framed, copied or used in any other website or publication without the expressed permission of Mark Hitz. Feel free to link to this page in it's entirety.
Home Owners Associations of Stewart Peninsula
If you are a homeowner who does not like Restrictions then you really need to do some HOA research BEFORE deciding if you want to live in Stewart Peninsula Subdivision.
There are TWO homeowners associations in Stewart Peninsula Subdivision. The smaller HOA is Stewart Peninsula Southshore Homeowners Association. The larger HOA is simply Stewart Peninsula Homeowners Association. Click on either to open up the HOA Websites.
Both HOA's have ACC's or Architectural Control Committees.
The larger SP HOA has it's Declarations of Covenants and Restrictions accessible as a PDF on their website. The Bad News is that it is 92 pages and is frustrating to skim through.
The smaller Southshore HOA Declarations of Covenants and Restrictions is a PDF on their website and it's only 50 pages.
Here is a list of streets in the Stewart Peninsula Southshore HOA:
- Avocet Way
- Heron Cove Lane
- Osprey Court
- Sandhill Circle
- Stewart Circle
- Teal Cove Lane
