
Residential Land for Sale in Little Elm, Texas
1505 Hillcrest Dr, Little Elm, TX 75068
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
- Street address
- 1505 Hillcrest Dr
- County
- Denton County
- Community
- Triangle Acres
- Elevation
- 542 feet
Directions
From NDT exit Eldorado parkway and go West. Turn right onto Hillcrest Drive and the lot will be on your right hand side.
Property details
- Lot size
- 0.4 acres17,424 sq ft
- MLS #
- NTREIS 21190529
- Posted
Parcels
- R45729
Legal description
TRIANGLE ACRES BLK A LOT 20
Details and features
Listing
- Type
- Land
- Franchise
- Keller Williams Realty
Lot
- View
- Lake, Water
- Waterfront
- Lake Front, Lake Front – Corps of Engineers, Lake Front – Main Body, Waterfront
Nearby schools
| Name | Type |
|---|---|
| Oak Point | Elementary |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Feb 27, 2026 | New listing | $549,000 | — | NTREIS |













