1505 Hillcrest Drive
Little Elm, TX, 75068
$549,000
Beds
0 Baths
SqFt
0.4 Acres
MLS #21190529 image #0

Location

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.

Questions? I’m here to help!
Aaron Layman
Aaron Layman Properties
Call Now: 940-209-2100

Property Details

Price:
$549,000
MLS #:
21190529
Status:
Active
Baths:
0
Type:
Land
Subtype:
Improved Land
Subdivision:
Triangle Acres
Listed Date:
Feb 26, 2026
Lot Size:
17,424 sqft / 0.40 acres (approx)
WaterfrontTriangle AcresLittle Elm IsdOak PointJerry WalkerLittle Elm

Schools

School District:
Little Elm ISD
Elementary School:
Oak Point
Middle School:
Jerry Walker
High School:
Little Elm

Interior

Cooling
None
Heating
None

Exterior

Fencing
None
Lot Size Area
0.4000
Waterfront Features
Lake Front, Lake Front – Corps of Engineers, Lake Front – Main Body

Financial

Questions? I’m here to help!
Aaron Layman
Aaron Layman Properties
Call Now: 940-209-2100

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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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Community

Subdivisions in Little Elm

Market Summary

Current real estate data for Land in Little Elm as of Apr 16, 2026
19
Land Listed
216
Avg DOM
$921,574
Avg List Price

Property Summary

    Located in the Triangle Acres subdivision, 1505 Hillcrest Drive Little Elm TX is a Land for sale in Little Elm, TX, 75068. It is listed for $549,000 and features 0 acres. To schedule a showing of MLS#21190529 at 1505 Hillcrest Drive in Little Elm, TX, contact your Aaron Layman Properties agent at 940-209-2100.
1505 Hillcrest Drive
Little Elm, TX