1505 Hillcrest Drive, Little Elm, Texas

$495,000

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0.40

Acres

About 1505 Hillcrest Drive

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.

Features of 1505 Hillcrest Drive

MLS® # 21190529
Price $495,000
Acres 0.40
Type Land
Sub-Type Improved Land
Status Active

Community Information

Address 1505 Hillcrest Drive
Subdivision Triangle Acres
City Little Elm
County Denton
State Texas
Zip Code 75068

Amenities

Utilities Co-op Electric, Septic
Is Waterfront Yes
Waterfront Lake Front, Lake Front – Corps of Engineers, Lake Front – Main Body
Has Pool No

Interior

Heating None
Fireplace No

Exterior

Lot Description Few Trees, Interior Lot, Lrg. Backyard Grass, Subdivision, Water/Lake View, Waterfront

School Information

District Little Elm ISD
Elementary Oak Point
Middle Jerry Walker
High Little Elm

Additional Information

Zoning Residential
Short Sale No
RE / Bank Owned No

Listing Details

AgentJan Richey
OfficeKeller Williams Legacy
Contact Info972-599-7000

Listing Map

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