About This Home

This land at 1505 Hillcrest Drive in Little Elm, TX is listed for $495,000 (0.40 acres).

Key Features

  • 0.40 acre lot
  • Waterfront

Amenities

WaterfrontView
Listing 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

1505 Hillcrest Drive

Little Elm, TX 75068

Triangle Acres

Property Details

Views

Water

Questions & Answers

This 0-bedroom, 0-bathroom land at 1505 Hillcrest Drive is listed at $495,000. The estimated monthly payment is $2,647 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.40 acre lot, Waterfront.

This property is listed by Jan Richey.

JR

Jan Richey

Agent at Texas Starpath Partners Inc

Listed by Texas Starpath Partners Inc · Broker phone: (972) 599-7000 · View on Broker Site · Broker website

MLS# 21190529· Source: North Texas Real Estate Information Systems, Inc.· 5 days on PropertySimple

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1505 Hillcrest Drive, Little Elm, TX 75068

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