HOA, taxes and schools at The Colony.
The sticker price is only one part of the payment, and the published school is only the starting point. Here are the current planning figures and what to confirm for a specific home.
Exact figures for your home: ask Joel.
Monthly costs: what to confirm on the exact home
HOA dues of $88.26/month apply to the 45′ and 50′ Drees sections and include full amenity access; community-wide dues vary by section. The combined property-tax rate is about 2.74% before homestead exemption; your actual taxes depend on the home, exemptions, taxing jurisdictions and timing.
Source: Drees Colony Community Information Sheet, Sept 2026. HOA: New Colony Association. Rates and dues subject to change.
- Property taxes
Confirm the applicable taxing jurisdictions, assessed value assumptions and exemptions for the address. - HOA
Confirm current dues, section-specific fees, transfer/setup fees and what access is included. - Insurance
Your premium depends on the home and buyer-specific underwriting. - Financing
Rate, down payment, mortgage insurance, incentives and closing costs can materially change the monthly number.
They help a buyer know what to confirm. They should never be treated as a lender quote, tax statement or permanent HOA schedule.
Schools: start with the published school, then verify the address
Bastrop ISD currently lists Colony Oaks Elementary at 601 Sam Houston Drive, Bastrop, TX 78602.
- Colony Oaks Elementary · PreK–5 · 601 Sam Houston Dr, Bastrop (inside the community)
- Creekside Middle School · 6–8 · 151 Voss Pkwy, Cedar Creek
- Cedar Creek High School · 9–12 · 793 Union Chapel Rd, Cedar Creek
The district’s 2026–27 school year began August 13, so school-year routines are active now. Attendance boundaries can change, so a buyer should verify assignment for the specific home before relying on it.
What to verify before buying
- Use the exact street address — not just the community name.
- Confirm the current attendance zone with Bastrop ISD.
- If school ratings matter, review the current state/district sources rather than assuming a historical rating still applies.
- Think through the daily logistics: drop-off, after-school activities, childcare and commute.
New-community growth can lead to boundary changes. Verify the address as part of due diligence.
- Bastrop ISD ↗ — source of record for district school information and attendance zones
- Colony Oaks Elementary ↗
- Bastrop ISD 2026–27 calendar ↗