Established Eastside Neighborhood With A Bright Future!
Colony Park is currently an established East Austin neighborhood located east of 183 on Loyola Lane. The existing homes were generally built in the 70’s and 80’s and range from 1,000-1,500 sqft. But the city also has big plans for this neighborhood and the surrounding area!
The City is planning a new neighborhood on 208 acres of publicly owned land located on Loyola Lane between Johnny Morris & Decker Lane. The neighborhood is supposed to be similar to Mueller in design, with varying housing options for different income levels and mixed use structures with retail and commercial. There will also be public spaces like hilltop parks and community meeting spaces.
This is a good option for someone who is looking for a home at an affordable price being within 15 minutes of downtown. The community should thrive with all of the new investment in the area and the new neighborhood beginning to take shape, and also the eastern boundary of East Austin continuing to move from 183 to 130.