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Lake Forest

Lake Forest

Suburban Neighborhood in Flower Mound, Texas

Denton County 75028
$521,592 Average Value
$235 Average Price per Sq Ft
7 Homes For Sale

Lake Forest, a neighborhood in Flower Mound, Texas, is the quintessential Metroplex suburb. “Flower Mound, in general, is a great place for families,” says Ryan Enos, a Realtor with Compass RE Texas LLC who grew up in the city. “That particular part around Lake Forest is matured. It was developed in the 1990s, so you have big trees, established homes, access to parks, and all the schools in the area are fantastic.”

Along a network of quiet, truncated neighborhood streets, you will find a collection of brick homes in varying sizes. This design style is common in the Metroplex suburbs. “Brick is durable,” says Enos. “Texas is hot and humid in the winter, and it has a lot of variations in weather. We have a little bit of everything.” The typical Lake Forest home features a private driveway and ample garage space. Two garages are a standard feature of most homes. Large lots support large yards. The homes themselves are just as spacious. The typical four-bedroom home offers at least 2,200 square feet. Even three-bedroom homes offer 1,800-plus. A distinct architectural feature of the newer homes is that they offer significantly more windows. “As a general rule, you’re looking at prices between $400,000 and $700,000,” says Enos.

The neighborhood is home to a highly-rated elementary school, and students can attend top schools throughout their educational journey. Donald Elementary and Forestwood Middle are both A-rated schools by Niche that received a 10 out of 10 for test scores from GreatSchools. Flower Mound High School is rated A-plus, and it received GreatSchools’ highest score for college readiness.

The many recreational options available to residents are anchored by Rheudasil Park, a 10-acre neighborhood green space. The park features a large fishing pond where visitors can not only angle for a big catch but also engage in a little fowl play with the many ducks and geese that roam the grounds. Traditional park amenities include a playground, basketball court, pavilion and multi-use trail. “Flower Mound has done a great job with parks,” says Enos. “Basically, everywhere in Lake Forest you have access to a trail system and parks. The typical park has big trees and a forest area, trails and a playground.” Stone Creek and its adjacent trail run through the neighborhood and lead to Stone Creek Park, popular for its trails, both paved and primitive. Residents also have access to pocket parks in neighboring communities, and Heritage Park is within 3 miles. The city-owned park features an array of amenities, including a water park, an amphitheatre and several nature trails. It is home to an annual arts festival and hosts a concert series and movie nights. Less than 5 miles away is Grapevine Lake, a sprawling center of recreation for anglers and boaters whose shores are home to a plethora of parks. A dozen boat ramps provide access, and the lake is stocked with bass, crappie and catfish.

Multiple retail options are located in the neighborhood, providing easy access to stores such as Walmart Neighborhood Market, Sprouts Farmers Market and Kohl’s. Dining options are plentiful as well. Highly rated favorites include Alma Mexican Restaurante, a family-run eatery serving up authentic specialties, and Tomo Sushi, a contemporary eatery where you can bring your own beer or wine.

Lake Forest is less than 10 miles from the Dallas-Fort Worth Airport. “It’s a pretty central location between the two big cities, and the proximity to the airport is great,” says Enos. “A lot of people who live in Lake Forest and Flower Mound work there. A lot of pilots live in the area.” Dallas is within 30 miles, but residents are likely to find they don’t need to make that trip very often. “You don’t have to drive to Dallas for the things you need,” says Enos. “You have everything you need right here.”

Matt Pallister
Written By
Matt Pallister
Robert Beary
Photography Contributed By
Robert Beary
Nathan Allen
Video By
Nathan Allen

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Sundar Sethuraman, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Dallas-Fort Worth International

16 min drive

Lake Forest Demographics and Home Trends

Housing Trends

Median List Price
$310,000
Median Sale Price
$480,000
Median Single Family Sale Price
$480,000
Median Townhouse Sale Price
$249,500
Median 2 Bedroom Sale Price
$249,000
Median Change From 1st List Price
3%
Last 12 months Home Sales
13
Median Home Sale Price YoY Change
-29%
Average Price Per Sq Ft
$235

Neighborhood Facts

Number of Homes in Neighborhood
2,288
Number of Homes for Sale
7
Median Year Built
1992
Months of Supply
6.50
Average Single Family Home Size Sq Ft
2,273
Above the national average
1,924
Median Lot Size Sq Ft
7,405

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Sundar Sethuraman, an experienced agent in this neighborhood.

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
6,894
Median Age
43
Population Density
9 ppl/acre
Population under 18
24.3%
On par with the national average
23.8%
Population over 65
15%
On par with the national average
19.1%

Finances

Median Household Income
$132,459
Significantly above the national average
$71,702
Average Household Income
$150,493

Education and Workforce

High School Graduates
98.2%
College Graduates
66.4%
Significantly above the national average
34.1%
Advanced Degrees
19.4%
% Population in Labor Force
75.1%
Above the national average
65.1%

Weather

Annual Precipitation
37''
Average Winter Low Temperature
36°F
Average Summer High Temperature
96°F
Annual Snowfall
2''

Area Factors

Somewhat Bikeable

Bike Score®

27 / 100

Car-Dependent

Walk Score®

19 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Lake Forest