Location
Build-ready lot with an approved subdivision plat located near Lake Lewisville in the established community of Lakewood Village. This oversized residential lot sits on a quiet street surrounded by custom homes and has minimal restrictions with no HOA. The approved subdivision plat is recorded and ready for permitting. A design rendering is included and will transfer at closing. The lot is zoned to the brand-new Lakewood Elementary School opening in Fall 2025, confirmed by LISD. Utilities including water and electric are available, while septic is required. The property has a low tax rate and there are no HOA or MUD taxes. It offers convenient access to nearby boat ramps, trails, and is close to Little Elm and Frisco amenities. The lot is also ideally situated near several newly developed residential communities, reflecting ongoing growth and investment in the Lakewood Village area. Buyers will benefit from being part of an expanding neighborhood with improved infrastructure and amenities. This is one of the last available lots in Lakewood Village priced under $200,000 with build plans included, making it ideal for homeowners, builders, or investors. Survey and plat are available in MLS supplements. Buyer to verify zoning, building requirements, and utility connections.
Property Details
Price:
$175,000
MLS #:
20984740
Status:
Active
Baths:
0
Type:
Land
Subtype:
Unimproved Land
Subdivision:
Lakewood Village Sec 1
Listed Date:
Jun 29, 2025
Lot Size:
8,407 sqft / 0.19 acres (approx)
Schools
School District:
Little Elm ISD
Elementary School:
Oak Point
Middle School:
Jerry Walker
High School:
Little Elm
Interior
Exterior
Community Features
Lake, Park
Lot Size Area
0.1930
Financial

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Aaron a full-service broker serving the Northern DFW Metroplex. Aaron has two decades of experience in the real estate industry working with buyers, sellers and renters.
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Similar Listings Nearby
Community
- Address327 N Peninsula Drive Lakewood Village TX
- SubdivisionLakewood Village Sec 1
- CityLakewood Village
- CountyDenton
- Zip Code75068
Subdivisions in Lakewood Village
Market Summary
Current real estate data for Land in Lakewood Village as of Sep 08, 2025
3
Land Listed
89
Avg DOM
$291,667
Avg List Price
Property Summary
- Located in the Lakewood Village Sec 1 subdivision, 327 N Peninsula Drive Lakewood Village TX is a Land for sale in Lakewood Village, TX, 75068. It is listed for $175,000 and features 0 acres. To schedule a showing of MLS#20984740 at 327 N Peninsula Drive in Lakewood Village, TX, contact your Aaron Layman Properties agent at 940-209-2100.

327 N Peninsula Drive
Lakewood Village, TX