$1,599,999
$599K PRICE DROP

0 Tbd Unit 21078479 Little Elm, TX 75068

Estimated payment $8,513/month

Total Views 2,165
3.51 Acres
$455,840 Price per Acre
152,896 Sq Ft Lot

Highlights

  • Lake Front
  • 3.51 Acre Lot
  • Adjacent to Greenbelt
  • Fishing
  • Community Lake
  • Converted Barn or Barndominium

About This Lot

Stunning 3.51 acres of lakefront property on Lewisville Lake, situated in a quiet cove with uninterrupted views of the water, presents an incredible opportunity for developers, investors, or homeowners seeking prime real estate. There is a total of three adjoining lots, so you can build one large luxury home or develop three custom 1-acre home sites. The seller has been working nonstop to take these pieces of land to the next stage, so time is limited if you want to build your own project. The seller is close to beginning development on the first residence (1800 sf enclosed living space, 1750 sf 2nd floor patio, 600 sf 3rd floor rooftop patio, 900 sf 20'x45' RV garage with 16 ft clearance, and a massive 1st floor deck patio). The design and construction drawings are already in place. Natural ponds, waterfalls, and site amenities are planned throughout the site. The entire property is being master planned as an active lifestyle, luxury, private residence that will operate as a bed and breakfast with full on-site services (maid, grounds, concierge, etc.) The treehouse for kids’ overnight stays will be a sight to see. Planning underway to include natural ponds (filtered swimming areas) terraced with waterfalls, pier for SUP access, private beach, par-3 hole with green and tee boxes, volleyball court, glamping deck and tents, helipad, 3 infinity pools, 3 primary residences with multiple guest houses (15 planned buildings, each with independent amenities), fully enclosed RV garages on 1st floor in ancillary residences, greenhouse, all 3- and 4-floor residences (3-story ancillary buildings and 4-story primary buildings) each with rooftop patios overlooking the lake, and of course, the treehouse. Property is located within minutes of the Prestonwood Polo & Country Club!
For GPS use 1112 Shahan Prairie Rd. It is the first property past the properties that extend down just before 1215 Shahan Prairie Rd, and just before Highline. Owner financing available

Listing Agent

Jeffrey Mitchell

Compass RE Texas, LLC Brokerage Phone: 214-478-8009 License #0520046 Listed on: 10/06/2025

Compass RE Texas, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,160

Lot Details

  • 3.51 Acre Lot
  • Lake Front
  • Property fronts a county road
  • Adjacent to Greenbelt
  • Level Lot
  • Irregular Lot
  • Cleared Lot
  • Few Trees
  • 3 Lots in the community
  • Zoning described as N/A - in the county of Denton (county permitting applies) - in the Oak Point, TX ETJ

Home Design

  • Converted Barn or Barndominium

Schools

  • Oak Point Elementary School
  • Little Elm High School

Utilities

  • Overhead Utilities
  • Sewer Not Available
  • Phone Available

Listing and Financial Details

  • Legal Lot and Block 3 / 2
  • Assessor Parcel Number R66033

Community Details

Overview

  • Association fees include management
  • See Agent Association
  • St Clair Acres Subdivision
  • Community Lake

Recreation

  • Fishing
  • Park
  • Trails

Property Details

Property Type

Land

Est. Annual Taxes

$1,160

Lot Details

0

Listing Details

  • OWNERNAME: Of Record
  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Architectural Style: Barndominium
  • Water Body Name: Lewisville
  • Attribution Contact: 214-478-8009
  • Co List Office Mls Id: CMPS05
  • HumanModifiedYN: Yes
  • UniversalParcelId: urn:reso:upi:2.0:US:48121:R66033
  • Special Features: VirtualTour

Exterior Features

  • Community Features: Fishing, Lake, Park, Trails/Paths
  • Topography: Hill,NeedsFill
  • Waterfront: Yes
  • RoadFrontageType: County Road
  • RoadSurfaceType: Asphalt, Gravel

Utilities

  • Sewer: None
  • Utilities: Electricity Available, Overhead Utilities, Phone Available, Sewer Not Available, Water Not Available

Condo/Co-op/Association

  • HOA Fee Includes: Association Management
  • Association Name: See Agent

Association/Amenities

  • DevelopmentStatus: Site Plan Approved

Schools

  • Elementary School: Oak Point
  • High School: Little Elm
  • Junior High Dist: Little Elm ISD

Lot Info

  • PossibleUse: Development, Horses, Investment, Orchard, Residential, Recreational, Single Family, Unimproved
  • Lot Features: Acreage, Cleared, Backs to Greenbelt/Park, Hardwood Trees, Irregular Lot, Level, Rolling Slope, Subdivided, Sloped, Few Trees, Waterfront
  • Lot Size Units: Acres
  • Lot Size Area: 3.51
  • Parcel Number: R66033
  • Lot Size Acres: 3.51
  • Lot Size Sq Ft: 152895.6
  • Zoning Description: N/A - in the county of Denton (county permitting applies) - in the Oak Point, TX ETJ
  • Present Use: Development, Investment, Residential, Recreational, Single Family, Unimproved

Building Info

  • SeniorCommunityYN: No

Multi Family

  • Number Of Lots: 3
  • WaterfrontFeatures: Lake Front, Waterfront

Tax Info

  • TaxBlock: 2
  • Tax Lot: 3
  • Tax Annual Amount: 1160.0

MLS Schools

  • MiddleOrJuniorSchool: Jerry Walker

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2025 11/21/25 Price Changed $1,599,999 -27.2% --
10/06/2025 10/06/25 For Sale $2,199,000 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 21078479

North Texas Real Estate Information Systems (NTREIS)