Why Live in Lake Forest
Lake Forest, a neighborhood in Flower Mound, Texas, is a well-established suburb developed in the 1990s, featuring mature trees and a variety of brick homes. These homes typically include private driveways, ample garage space, and large yards, with most four-bedroom homes offering at least 2,200 square feet and three-bedroom homes over 1,800 square feet. The neighborhood is home to highly-rated schools, including Donald Elementary, Forestwood Middle, and Flower Mound High School, all of which have received top ratings for test scores and college readiness. Recreational options are abundant, with Rheudasil Park offering a fishing pond, playground, basketball court, pavilion, and multi-use trail. Stone Creek Park and its trails, as well as Heritage Park with its water park, amphitheater, and nature trails, are also nearby. Grapevine Lake, less than 5 miles away, provides additional recreational opportunities with its parks and boat ramps. Retail and dining options are plentiful, including Walmart Neighborhood Market, Sprouts Farmers Market, Alma Mexican Restaurante, and Tomo Sushi. The neighborhood is less than 10 miles from Dallas-Fort Worth Airport, making it convenient for frequent travelers and those working in the aviation industry. With its central location between Dallas and Fort Worth, residents find they have easy access to all necessary amenities without needing to travel far.
Home Trends in Lake Forest, TX
On average, homes in Lake Forest, Flower Mound sell after 35 days on the market compared to the national average of 52 days. The median sale price for homes in Lake Forest, Flower Mound over the last 12 months is $545,000, up 10% from the median home sale price over the previous 12 months.
Median Sale Price
$545,000
Median Single Family Sale Price
$538,500
Average Price Per Sq Ft
$236
Number of Homes for Sale
13
Last 12 months Home Sales
87
Median List Price
$538,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
10%