1505 Hillcrest Drive, Little Elm, TX 75068
1505 Hillcrest Drive, Little Elm, TX 75068
1505 Hillcrest Drive, Little Elm, TX 75068
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$549,000
Est. payment /mo
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0.4 Acres Lot
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1505 Hillcrest Drive Little Elm, TX 75068

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Daniel Demissie

Daniel Demissie

+1(469) 715-2615

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Key Details

Property Type Vacant Land

Sub Type Improved Land

Listing Status Active

Purchase Type For Sale

Subdivision Triangle Acres

MLS Listing ID 21190529

HOA Y/N None

Annual Tax Amount $7,426

Lot Size 0.400 Acres

Acres 0.4

Property Sub-Type Improved Land

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.

Location

State TX

County Denton

Zoning Residential

Direction From NDT exit Eldorado parkway and go West. Turn right onto Hillcrest Drive and the lot will be on your right hand side.

Interior

Heating None

Cooling None

Heat Source None

Exterior

Fence None

Utilities Available Co-op Electric, Septic

Waterfront Description Lake Front,Lake Front – Corps of Engineers,Lake Front – Main Body

Garage No

Building

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

Schools

Elementary Schools Oak Point

Middle Schools Jerry Walker

High Schools Little Elm

School District Little Elm Isd

Others

Restrictions Building,Deed

Acceptable Financing Cash, Conventional, VA Loan

Listing Terms Cash, Conventional, VA Loan

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21190529

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
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Listed by Jan Richey • Keller Williams Legacy

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Daniel Demissie

Daniel Demissie

Agent | License ID: 746381

+1(469) 715-2615

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1505 Hillcrest Drive