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Lakefront Land Parcel
For Sale
$495,000

1505 Hillcrest Drive, Little Elm, TX 75068

Land, Little Elm, TX

Property SizeContact for details
Lot Size0.40 Acres
Days on Market88

Property Features for 1505 Hillcrest Drive

General Information

Property type Land
Property subtype Other
Zoning description Residential
Subdivision Triangle Acres
Lot features Back Yard, Interior Lot, Lawn, Subdivision, Few Trees, Waterfront, City Lot
View Water
Elementary school Oak Point
Middle school Jerry Walker
High school Little Elm
Elementary school district Little Elm ISD
Middle school district Little Elm ISD
High school district Little Elm ISD
Directions From NDT exit Eldorado parkway and go West. Turn right onto Hillcrest Drive and the lot will be on your right hand side.
Standard status Active
APN R45729
Lot size 0.40 Acres

Taxes and HOA fees

Tax Description TRIANGLE ACRES BLK A LOT 20
Tax Annual Amount 7426
Legal Description TRIANGLE ACRES BLK A LOT 20

Utilities

Sewer type Septic Tank
Water front features Lake Front, Waterfront
Water front 1
Listing Agency: Keller Williams Legacy · Keller Williams Realty
Listed By: Jan Richey · License #0324990
Added: Jun 8 Changed: Sep 2 Last Checked: Sep 3 at 4:06PM
MLS# 21190529

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Lakefront land parcel offering direct access to Lewisville Lake in Little Elm. The approximately 0.40-acre site features waterfront, lakefront characteristics and open-water views, with a gentle slope toward the shoreline that can support design options aimed at view corridors and outdoor living.

Located at 1505 Hillcrest Drive in Denton County, the property includes a septic tank for wastewater service. For buyers seeking a custom build or a longer-term hold, the parcel’s lakefront setting provides an opportunity to plan around water access and shoreline-oriented use.

Key Highlights

  • Approximately 0.40‑acre waterfront parcel on Lewisville Lake
  • Waterfront and lakefront features with open‑water views
  • Septic tank in place

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Real Estate Agency Dental Office Electrical Service (Bike/Boat/Book/etc) Store Nail Salon Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

134
Businesses Nearby

Demographics for 75068, TX

66,248
Population
23,499
Households
2.8
Avg Household Size
34
Median Age
43%
College-Educated
92%
High-School Grad
27.9 sq mi
ZIP Area
2,374
Density / Sq Mi
$126,341
Median Household Income
$66,559
Median Earnings
$2,161
Median Rent
$386,300
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Waterfront Land - 0.40-acre waterfront parcel on Lewisville Lake with septic tank in place for flexible lakefront development.
Where is this waterfront land located?
The property is located at 1505 Hillcrest Drive Little Elm, TX.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Approximately 0.40‑acre waterfront parcel on Lewisville Lake; Waterfront and lakefront features with open‑water views; Septic tank in place
More about this property
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