Drive out toward the western edge of The Colony and the character of the town shifts noticeably. This is the peninsula side — the part of The Colony that sits closest to Lewisville Lake itself, built around two golf courses and organized less like a suburb and more like a resort that happens to have full-time residents.
The Tribute
The Tribute is a master-planned community built on a peninsula jutting into Lewisville Lake, organized around Old American Golf Club and The Tribute at The Colony Golf Club. The community includes hiking and biking trails, playgrounds and pools alongside its golf-course amenities, and its housing stock — a mix of townhouses and single-family homes built in the late 2000s — ranges from around $500,000 up past $2 million for properties with water or golf course views.
What sets The Tribute apart from a typical golf-course subdivision is how deliberately it’s built around the water. Streets curve toward lake access points rather than away from them, and the golf courses themselves wrap the shoreline in a way that keeps long, open sightlines toward the water from a lot of the neighborhood’s public space.
Stewart Peninsula
South of The Tribute sits Stewart Peninsula, wrapping around Stewart Peninsula Golf Course and Scout Park on the shores of Lewisville Lake. It’s about 3 miles from the heart of The Colony, roughly 30 miles from downtown Dallas, and about 50 miles from downtown Fort Worth — close enough for a commute, far enough to feel like a genuine escape once you’re home.
Stewart Peninsula leans toward established landscaping and a demographic drawn specifically to outdoor recreation and proximity to the water, rather than the newer-construction resort feel found in parts of The Tribute. The two neighborhoods sit adjacent to each other, and together they form the identity most people picture when they think of The Colony’s lakefront side — distinct from the newer growth happening around Grandscape on the other end of town.
Why the peninsula side ages differently
Homes on the lakefront side of The Colony deal with a different set of maintenance realities than the rest of the city. Proximity to Lewisville Lake means more ambient humidity, which puts extra load on air conditioning systems trying to pull moisture out of the air as well as cool it — an oversized or poorly matched system in this part of town tends to short-cycle without actually dehumidifying the house, leaving it feeling clammy even at a normal thermostat setting.
It’s also worth knowing, for anyone shopping in this part of town, that homes built in The Tribute during its late-2000s construction wave are now old enough that original builder-grade mechanical systems — HVAC included — are reaching the end of their expected service life around the same time builder warranties have long since expired. That’s less a peninsula-specific issue than a citywide one, but it lands earliest in the neighborhoods that were built first.
The draw, still, is the water
For all the amenities built up around them, what actually sells The Tribute and Stewart Peninsula is still the most basic thing: you can be on Lewisville Lake in minutes, whether that means a round of golf with water on three sides or a short drive to Stewart Creek Park’s swim beach. The Colony has grown a lot in the last two decades, but this stretch of the city is still fundamentally about the lake it was built next to.
Frequently Asked Questions
What golf courses are in The Tribute and Stewart Peninsula?
The Tribute is built around Old American Golf Club and The Tribute at The Colony Golf Club. Stewart Peninsula wraps around Stewart Peninsula Golf Course.
How far is Stewart Peninsula from Dallas?
Stewart Peninsula is roughly 30 miles from downtown Dallas and about 50 miles from downtown Fort Worth.
What price range are homes in The Tribute?
Homes in The Tribute range from around $500,000 to more than $2 million for properties with water or golf course views, reflecting a mix of townhouses and single-family homes built in the late 2000s.
What park is near Stewart Peninsula?
Scout Park sits within Stewart Peninsula, alongside the neighborhood’s namesake golf course on the shores of Lewisville Lake.