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1505 Hillcrest Drive, Little Elm, TX 75068

$549,000
  • 1505 Hillcrest Drive, Little Elm, TX 75068 Main Photo

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Active
LOT SIZE 0.400 acres MLS#21190529
STATUSActive PROPERTY TYPELand - Residential SUBDIVISIONTriangle Acres SCHOOLLittle Elm ISD

Property Description

Rare opportunity to secure premium lakefront land on Lewisville Lake in Little Elm. This approximately 0.40-acre waterfront parcel offers direct water access, panoramic open-water views, and exceptional flexibility with no HOA restrictions. For the luxury buyer, this property presents the perfect canvas to design and build a custom dream home with breathtaking sunset views, private shoreline access, and the ability to install a portable boat ramp for effortless lake living. Enjoy kayaking, paddleboarding, fishing, and boating directly from your own backyard while remaining minutes from dining, entertainment, and the vibrant Little Elm waterfront district. For builders and investors, this parcel represents a rare and increasingly scarce North Texas waterfront asset. With limited remaining lakefront inventory in the area, strong buyer demand for custom homes, and proximity to Frisco, Plano, and major corporate corridors, the property offers compelling upside potential. Ideal for a luxury spec build, high-end resale, or long-term hold in a growing lakeside market. The gentle slope toward the shoreline enhances build potential while maximizing view corridors and outdoor living design options. Waterfront land continues to be one of the most desirable and resilient asset classes in North Texas real estate.Build a signature estate or develop a premier spec home. Or secure and hold a tangible waterfront investment. Nestled in a quiet area yet just minutes from all the fun Little Elm has to offer — including the lakefront swim beach, marina, restaurants, and parks. Enjoy the best of both worlds with a convenient commute: 35 minutes to DFW Airport and 45 minutes to Dallas. Lakefront lots like this are few and far between and becoming rarer.

1505 Hillcrest Drive | MLS# 21190529

This land located at 1505 Hillcrest Drive, Little Elm, TX 75068 is currently listed for sale with an asking price of $549,000. The property has approximately 0.40 Acres. Hillcrest Drive is located within the Little Elm ISD school district. Search Little Elm real estate on www.kellyrealtors.com today.

Property Features

Property Type: Land - Residential
Cooling: None
Heating: None
Lot Size: 0.40 Acres

Feature Descriptions

Days on Site: 150
Fencing: None
Lot: Few Trees, Interior Lot, Lrg. Backyard Grass, Subdivision, Water/Lake View, Waterfront
Parcel#: R45729
Utilities: Co-op Electric, Septic
Water Features: Lake Front, Lake Front – Corps of Engineers, Lake Front – Main Body

Local Schools

Elementary School: Oak Point
School District: Little Elm ISD

Listed By / Shown By

Listed By

Agency Name: Keller Williams Legacy
Agency Contact: 972-599-7000
Agent Name: Jan Richey

Shown By

Agency Title: Kelly, Realtors
Agency Phone: (254) 741-1500
Agency Email: info@kellyrealtors.com
Agency Text: (254) 717-6447

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Estimated Payment

$ 1,381.96 per month $1,221.84 Principal & Interest $0.00 Property Tax (data not provided by mls) $160.13 Homeowner's Insurance

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