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Lakewood Village, Texas, is bordered by Lewisville Lake, providing ample shoreline for swimming, paddling, beach lounging, and fishing. Approximately half of the homes are waterfront properties, making it a significant draw for residents. The community features custom-built homes, with architectural styles ranging from new traditionals to ranch-style, incorporating elements like pitched roofs, stone towers, and arched entryways. The oldest homes date back to the 1970s, with most built in the late 1990s. Large, landscaped yards with mature trees are common, and homes on Stowe Lane offer expansive lots with lake views. Despite the absence of sidewalks, residents often stroll on the wide roads.
Lakewood Village is served by the well-regarded Little Elm School District, with students attending Hackberry Elementary, Jerry R. Walker Middle School, and Little Elm High School, all of which have high ratings. The area is entirely residential, necessitating a car for amenities and entertainment, which are primarily located a few miles away in Little Elm and Frisco. Notable spots include 575° Pizzeria in Little Elm and the large Texas chain H-E-B in Frisco. Recreational options include Little Elm Park, 7 miles west, offering beach-front swimming and hiking trails, and the Big Sandy Boat Dock for lake access. The centrally located Lakewood Village Park provides a playground away from the water.
Lakewood Village is a quiet community with a population of around a thousand. It offers a serene lifestyle near the water, with public access points to the lake and annual events like hayrides and a crawfish boil. The area is connected to major roads like Eldorado Parkway, providing quick access to Interstate 35 East and the North Dallas Tollway.
On average, homes in Lakewood Village, TX sell after 105 days on the market compared to the national average of 70 days. The median sale price for homes in Lakewood Village, TX over the last 12 months is $475,006, down 9% from the median home sale price over the previous 12 months.