Why Live in Lakewood Village
Lakewood Village, bordered by Lewisville Lake, is a neighborhood known for its extensive shoreline, ideal for swimming, paddling, beach lounging, and fishing. Approximately half of the homes are waterfront properties, making it a significant draw for residents. The neighborhood features custom-built homes, with styles ranging from new traditionals to ranch-style, incorporating design elements like pitched roofs, stone towers, and arched entryways. Established in the 1970s, most homes were built in the late 1990s, with large, landscaped yards and mature trees. Stowe Lane is notable for its massive lots and stately homes with lake views. Despite the absence of sidewalks, residents often stroll on the wide roads.
Lakewood Village is a quiet area with around a thousand residents, including some NFL players. The neighborhood is still developing, with new homes and an elementary school planned. Hackberry Elementary, Jerry R. Walker Middle School, and Little Elm High School serve the area, all part of the well-regarded Little Elm School District. The high school offers a College Readiness program with application workshops and career pathway support.
For recreation, Lakewood Village Park provides a small, cozy playground away from the water, while Little Elm Park, 7 miles west, offers beach-front swimming, hiking trails, and sports fields. The Big Sandy Boat Dock is also accessible for lake activities. Everyday amenities require a car, with grocery stores like Kroger and H-E-B located in nearby Little Elm and Frisco. Dining options include 575° Pizzeria, just 4 miles away, with a rooftop patio overlooking the lake. Frisco, 11 miles east, offers extensive retail space, including Stonebriar Centre. Lakewood Village also hosts annual events like hayrides in October and a crawfish boil.
Home Trends in Lakewood Village, TX
On average, homes in Lakewood Village, TX sell after 77 days on the market compared to the national average of 50 days. The median sale price for homes in Lakewood Village, TX over the last 12 months is $458,402, up 18% from the median home sale price over the previous 12 months.
Median Sale Price
$458,402
Median Single Family Sale Price
$825,990
Average Price Per Sq Ft
$240
Number of Homes for Sale
53
Last 12 months Home Sales
16
Median List Price
$841,990
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
18%