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Lewisville Lake Peninsula Town

Townhouses & Duplexes in Lakewood Village, TX

Welcome to Lakewood Village, a low-density Denton County town on a Lewisville Lake peninsula where spacious lots and water access meet a quick route to Frisco and Dallas.

Lakewood Village is a small city in Denton County, Texas, occupying a peninsula that extends into Lewisville Lake about 35 miles north of Dallas. Bordered by water on three sides, the town incorporated in April 1977 and has remained deliberately low-density, with roughly 700 residents. Its location on one of North Texas's major reservoirs gives Lakewood Village a lake-country character unusual among the fast-growing suburbs around it. The town was originally envisioned and marketed as a golf-course community that even included a small runway for private aircraft, and it has evolved into a primarily residential lakeside enclave. Homes sit on larger lots, many with mature trees, and a substantial share of properties offer lake views or direct access to the water. Most residents own their homes, and the median age skews older, reflecting a mix of longtime residents and buyers drawn to the lake. Lakewood Village is part of the Little Elm Independent School District, with Lakewood Village Elementary School serving the community's youngest students. The broader district, based in neighboring Little Elm, provides middle and high school campuses nearby, and Denton County's North Central Texas College district encompasses the area for community college access. Daily life centers on the lake — boating, fishing, and lakefront living — while day-to-day shopping and services are a short drive to Little Elm, The Colony, and Frisco. U.S. Highway 380 and the Dallas North Tollway connect the town to the wider metroplex. The town's small scale and peninsula setting mean every home is close to the water, and unlike many newer master-planned communities nearby, Lakewood Village has kept its original, spacious lot pattern and small-town governance. For homebuyers, the town offers a rare combination of rural-feeling, waterfront-adjacent living and proximity to one of the nation's fastest-growing suburban corridors.

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Frequently Asked Questions

What county is Lakewood Village in?

Lakewood Village is in Denton County, Texas, on the south shore of Lewisville Lake. The town sits about 35 miles north of Dallas, near the communities of Little Elm and Frisco.

What lake is Lakewood Village on?

Lakewood Village occupies a peninsula extending into Lewisville Lake, a major North Texas reservoir on the Elm Fork of the Trinity River. The town is bordered by water on three sides.

What school district serves Lakewood Village?

Lakewood Village is served by the Little Elm Independent School District. Lakewood Village Elementary School is located within the town, while the district's middle and high school campuses are in nearby Little Elm.

When was Lakewood Village incorporated?

Lakewood Village incorporated on April 26, 1977, as a general-law municipality in Denton County. It was originally envisioned as a lakeside golf-course community that even included a small runway for private aircraft.

MARKET SNAPSHOT

The Market at a Glance

How homes have been selling here over the last 90 days.

home_work New This Week 0
Went Under Contract 0
trending_down Price Reductions 0
payments Median Sale Price $608,900 -72.3%
square_foot Price per Sq Ft $230
schedule Avg Days on Market 64
sell Homes Sold 23
percent Sale-to-List Ratio 100.0%
inventory_2 Months of Inventory 9.0

Price & Sales History

Market data reflects closed sales over the last 90 days and is provided for informational purposes.

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Zip Codes

Browse listings by postal code in this area.

0000013 homes for saleMedian sale$370KPer sq ft$199 sales in the last 90 days
123451 home for saleMedian sale$370KPer sq ft$19
171031 home for saleMedian sale$149KPer sq ft$9526 sales in the last 90 days
710033 homes for saleMedian sale$129.9KPer sq ft$651 sale in the last 90 days
710045 homes for saleMedian sale$293.5KPer sq ft$1041 sale in the last 90 days
71006198 homes for saleMedian sale$371.7KPer sq ft$16952 sales in the last 90 days
710074 homes for saleMedian sale$386KPer sq ft$1861 sale in the last 90 days
710164 homes for saleMedian sale$361KPer sq ft$1501 sale in the last 90 days
710187 homes for saleMedian sale$15KPer sq ft$141 sale in the last 90 days
7101913 homes for saleMedian sale$120KPer sq ft$1367 sales in the last 90 days
7102317 homes for saleMedian sale$90KPer sq ft$633 sales in the last 90 days
710241 home for saleMedian sale$100KPer sq ft$871 sale in the last 90 days
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