Closest Homes to the Beach in Texas! Lost Colony is an exclusive development in Port Aransas, TX with several luxury homes located literally just off the beach on Mustang Island. We believe these homes are the closest to the beach in all of Texas! Each luxury home is fully furnished, including modern amenities, cable TV and Wifi, and even a washer and dryer. Each home has outstanding views of the ocean and plenty of outdoor space. The development has a great outdoor swimming pool and easy access to the beach and downtown Port Aransas. Book early! Lost Colony is typically the first development to sell out for the entire summer and most weekends in the spring and fall. Dont miss out on this piece of paradise - come see what "Oceanfront" really means at Lost Colony.