Lakewood Village, TX Properties | Bloom 5 Real Estate

Back

Lakewood Village is a small city in Denton County, Texas, occupying a peninsula that extends into Lewisville Lake about 35 miles north of Dallas. Bordered by water on three sides, the town incorporated in April 1977 and has remained deliberately low-density, with roughly 700 residents. Its location on one of North Texas's major reservoirs gives Lakewood Village a lake-country character unusual among the fast-growing suburbs around it. The town was originally envisioned and marketed as a golf-course community that even included a small runway for private aircraft, and it has evolved into a primarily residential lakeside enclave. Homes sit on larger lots, many with mature trees, and a substantial share of properties offer lake views or direct access to the water. Most residents own their homes, and the median age skews older, reflecting a mix of longtime residents and buyers drawn to the lake. Lakewood Village is part of the Little Elm Independent School District, with Lakewood Village Elementary School serving the community's youngest students. The broader district, based in neighboring Little Elm, provides middle and high school campuses nearby, and Denton County's North Central Texas College district encompasses the area for community college access. Daily life centers on the lake — boating, fishing, and lakefront living — while day-to-day shopping and services are a short drive to Little Elm, The Colony, and Frisco. U.S. Highway 380 and the Dallas North Tollway connect the town to the wider metroplex. The town's small scale and peninsula setting mean every home is close to the water, and unlike many newer master-planned communities nearby, Lakewood Village has kept its original, spacious lot pattern and small-town governance. For homebuyers, the town offers a rare combination of rural-feeling, waterfront-adjacent living and proximity to one of the nation's fastest-growing suburban corridors.

Frequently Asked Questions

What county is Lakewood Village in?

Lakewood Village is in Denton County, Texas, on the south shore of Lewisville Lake. The town sits about 35 miles north of Dallas, near the communities of Little Elm and Frisco.

What lake is Lakewood Village on?

Lakewood Village occupies a peninsula extending into Lewisville Lake, a major North Texas reservoir on the Elm Fork of the Trinity River. The town is bordered by water on three sides.

What school district serves Lakewood Village?

Lakewood Village is served by the Little Elm Independent School District. Lakewood Village Elementary School is located within the town, while the district's middle and high school campuses are in nearby Little Elm.

When was Lakewood Village incorporated?

Lakewood Village incorporated on April 26, 1977, as a general-law municipality in Denton County. It was originally envisioned as a lakeside golf-course community that even included a small runway for private aircraft.

City Guide

About Lakewood Village

Real Estate & Housing

Housing in Lakewood Village is dominated by owner-occupied single-family homes on larger, often wooded lots, many with lake views or access. The town's original golf-course and lakefront layout left generous lot sizes, and construction ranges from 1970s-era homes to newer custom builds. The low density and waterfront setting distinguish the town from denser nearby suburbs. Because the community is small and largely built out, turnover tends to be limited, and buyers are often seeking a lake-oriented lifestyle with space and privacy.

Neighborhoods

Lakewood Village occupies a peninsula into Lewisville Lake, so the entire town reads as one lakefront community rather than a set of distinct subdivisions. The shoreline curves around the town on three sides, with homes stepping back from the water along interior streets. Neighboring communities include Little Elm to the north, Hackberry and Frisco to the east, The Colony to the south across the lake, and Cross Roads and Oak Point to the west, placing Lakewood Village within the fast-growing U.S. 380 corridor.

Lifestyle in Lakewood Village

Life in Lakewood Village is quiet and lake-oriented. Residents boat, fish, and swim from private docks and nearby ramps, and the peninsula setting keeps the water close at hand. The town's low density and mature trees give it a relaxed, semi-rural feel, while neighboring Little Elm, Frisco, and The Colony provide dining, shopping, and entertainment within a short drive. Community life is small-scale, centered on the school, the lake, and a pace that contrasts with the busier suburbs surrounding it.

Schools & Education

Lakewood Village is served by the Little Elm Independent School District, with Lakewood Village Elementary School located within the town. The district provides middle and high school campuses in nearby Little Elm, and its growth has kept pace with the surrounding Denton County corridor. For residents, the arrangement offers a neighborhood elementary school close to home followed by district secondary schools a short drive away. The area's community college district, North Central Texas College, extends access to higher education across Denton County.

Getting Around

Lakewood Village sits near U.S. Highway 380 and FM 423, two of Denton County's key corridors, and the Dallas North Tollway provides a direct route south toward Frisco, Plano, and Dallas, roughly 35 miles away. Dallas/Fort Worth International Airport is about a 40-minute drive to the south. Daily life is car-dependent, with shopping, dining, and services in Little Elm, The Colony, and Frisco within ten to fifteen minutes. The town's location balances a lakeside setting with practical access to the metroplex.

Parks & Recreation

Lewisville Lake is the center of recreation in Lakewood Village, offering boating, sailing, fishing, and swimming across one of North Texas's largest reservoirs. The town's peninsula setting puts the water at residents' doorsteps, and nearby public boat ramps and parks serve the wider area. Little Elm Park and other lakeside facilities lie a short drive away, and the region's growing trail networks and golf courses add land-based options. The lake's coves and shoreline make Lakewood Village a year-round base for water-oriented living.

MARKET SNAPSHOT