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Small town, three sides water.

Living in Lakewood Village, Texas

Lakewood Village is a residential town on a Lewisville Lake peninsula, bordered by water on three sides, with 635 residents in 2020.

By Miguel Gomez, REALTOR®Updated October 2026Sources listed below
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The read

Why Lakewood Village

Denton County

Lakewood Village incorporated on April 26, 1977, and was first marketed as a second-home community with a golf course and airstrips. Today it is a quiet residential town of 635 people (2020 Census) on a peninsula in Lewisville Lake, between Little Elm, The Colony and Frisco. In 2019 it was designated an International Dark Sky Community, and the town provides city water and sewer plus full-time fire and EMS.

The lesson here is about what you are really paying for. Lakewood Village had one of the lower combined tax rates in Denton County in tax year 2025, about 1.73%, and builder David Weekley states its Northshore community has no HOA, MUD or PID tax. That makes a $700,000 home here cheaper to carry each month than a similar price in many master plans, so compare total monthly cost, not just list price, before you decide.

Market snapshot

The numbers

About 1.73%[2]
Combined tax rate
Tax year 2025, town + county + Little Elm ISD
$0.32 per $100[3]
Town tax rate
Tax year 2025, adopted Sept. 10, 2025
$649,159[6]
New homes from
Northshore Garden Series, Oct 2026
635[1]
Population
2020 Census
1977[4]
Incorporated
April 26, 1977
Since 2019[4]
Dark Sky Community
International Dark Sky designation
Living here

Schools, taxes, commute

Schools

Lakewood Village is served by Little Elm ISD, with Walker Middle School and Little Elm High School. The district's seventh elementary, Lakewood Village Elementary, was projected to open for the 2025-26 school year and was the first campus built with 2022 bond funds. Builder listings may show older zoning, so confirm the current elementary assignment with the district.

Little Elm ISD
Property taxes

For tax year 2025 the combined rate was about 1.73% (town 0.32, Denton County 0.185938, Little Elm ISD 1.2252). On a $700,000 home that is about $1,010 a month before homestead exemptions. The town adopted its $0.32 rate on Sept. 10, 2025, and Northshore is marketed with no MUD or PID tax, but verify each property's tax certificate.

Commute
The Star, FriscoEldorado Parkway, approx. off-peak20-25 min
Legacy West, PlanoFM 423 and SH 121, approx. off-peak25-30 min
DFW AirportSH 121, approx. off-peak30-40 min
Downtown DallasDallas North Tollway, approx. off-peak40-45 min
On the map

Where Lakewood Village sits

Drive times, schools and shopping around it. Ask me for a tour of the area.

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What is coming

Being built now

Lakewood Village Elementary

Little Elm ISD's seventh elementary, the first campus built with 2022 bond funds, was projected to open for the 2025-26 school year.[5]

Northshore at Lakewood Village

David Weekley Homes is building two series: Garden homes listed from $649,159 and Estate homes on about one-third acre lots with plans from $814,990 (Oct 2026).[6]

Another Little Elm ISD elementary

The district's $289.5 million bond includes a second new elementary campus. The district has not named it or set an opening date.[5]

Neighborhoods

Where to look in Lakewood Village

Northshore at Lakewood Village, Estate SeriesDavid Weekley homes of 3,001 to 4,994 sq ft on about one-third acre lots, plans from $814,990 (Oct 2026).
Northshore at Lakewood Village, Garden SeriesDavid Weekley homes of 2,501 to 3,715 sq ft, listed from $649,159 to $819,343 (Oct 2026).
Original peninsula neighborhoodsThe older lakeside streets of the town, which was zoned entirely residential until a 2021 annexation added some small businesses.
Lakewood Village (original sections)The original 1968 lakeside neighborhood that became the Town of Lakewood Village, with no HOA and homes from many decades.Explore →Northshore at Lakewood VillageDavid Weekley homes on one-third-acre homesites in Lakewood Village, with no HOA or MUD/PID tax per the builder.Explore →
Your first month

Settling in to Lakewood Village

Electricity

The Town of Lakewood Village lists CoServ as its electric provider, (940) 321-7800. CoServ is a co-op, so you sign up with CoServ directly instead of shopping plans on Power to Choose.[12]

Water and trash

Water, sewer and curbside trash and recycling are set up through the Town's Utility Application. Pay the utility deposit ($300 in Lakewood Village and South Oak, $100 for Rocky Point Water) and the CO and CSI inspection fee, then request the inspection.[12]

Homestead exemption

Once you own and live in the home, file the residence homestead exemption with the Denton Central Appraisal District. It is free and you never need to pay a company to do it. Denton CAD takes applications online through its website.[14]

Schools

Little Elm ISD: new students register through the district's New Student Enrollment page, and its Attendance Zones page has a school search by address.[15]

Car registration and license

Register your vehicle with the Denton County Tax Assessor-Collector (main office 1505 E. McKinney St., Denton). Texas DMV gives new residents 30 days to register, and this is an emissions county, so pass a state inspection first. For your license, nearby DPS offices include Lewisville (400 N. Valley Pkwy.) and the Carrollton Mega Center (4600 State Hwy. 121) (appointments required); DPS lets you drive on a valid out-of-state license for up to 90 days after moving.[17]

Free tools

Know your numbers first

What is my home worth?Instant public record range, then a free MLS reportOpen →Seller net sheetWhat you keep after every costOpen →Is my appraisal too high?Compare to similar homes, live county dataOpen →Builder incentivesRate buydowns and credits, datedOpen →
From Miguel

Before you buy or sell

Buying here

What I check before an offer in Lakewood Village, and every neighborhood side by side, is on the Lakewood Village buyer page.

Selling here

How homes here are pricing, and what buyers will check on yours, is on the seller page.

Miguel Gomez, REALTOR®
Your agent

Meet Miguel.

Miguel Gomez is a Texas REALTOR® with Texava Brokerage. He works with first-time home buyers, new construction and families relocating to North Texas, and he gets back to you the same day.

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FAQ

Questions people ask about Lakewood Village

What are property taxes in Lakewood Village, TX?
For tax year 2025 the combined rate was about 1.73%: town 0.32, Denton County 0.185938 and Little Elm ISD 1.2252 per $100. That is about $1,010 a month on a $700,000 home before exemptions. Ask for the tax certificate on any home to confirm there are no extra assessments.
Which school district is Lakewood Village in?
Lakewood Village is served by Little Elm ISD. Residents are zoned to Walker Middle School and Little Elm High School, and Lakewood Village Elementary was projected to open in 2025-26. Confirm the current zoning for the exact address with the district.
Is Lakewood Village a good place to live?
It suits buyers who want a quiet, residential town on Lewisville Lake. The town has dark-sky lighting rules, city water and sewer, and full-time fire and EMS, but no commercial strip. If you want restaurants and shopping within walking distance, look at Little Elm or Frisco instead.
Is new construction in Lakewood Village worth it?
David Weekley's Northshore homes are listed from $649,159 to above $1 million, and the builder states there is no HOA, MUD or PID tax. That keeps the monthly carrying cost lower than many master plans at the same price. Compare the total payment and lot size against nearby Little Elm and Frisco communities before you commit.
How big is Lakewood Village?
The 2020 Census counted 635 residents. The town sits on a peninsula in Lewisville Lake and is bordered by water on three sides. Expect a small-town feel, with town council and services sized to match.
Working with Miguel

Your realtor in Lakewood Village

Buying or selling in Lakewood Village means knowing more than the city average. Homes here can fall in Little Elm ISD; combined 2025 tax rates run about 1.73% to 1.73% depending on the address, and communities like Northshore at Lakewood Village, Estate Series, Northshore at Lakewood Village, Garden Series, Original peninsula neighborhoods and Lakewood Village (original sections) each behave like their own market.

Buying  /  Selling  /  What is my home worth?

Listing alerts

New listings in Lakewood Village, straight from the MLS

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Nearby
Little ElmThe ColonyFriscoOak PointAll cities
Sources
  1. Lakewood Village, Texas (Wikipedia: Census, location, history, schools), 2026-10
  2. 2025 DFW Tax Rates (Republic Title), 2026-10
  3. Town of Lakewood Village 2025 tax rate ordinance, 2026-10
  4. Lakewood Village, Texas Dark Sky Community (DarkSky International), 2026-10
  5. History of Little Elm ISD, 2026-10
  6. Northshore at Lakewood Village, Garden Series (David Weekley Homes via Jome), 2026-10
  7. Northshore at Lakewood Village, Estate Series (David Weekley Homes), 2026-10
  8. Town of Lakewood Village official site, 2026-10
  9. Little Elm ISD names principal for Lakewood Village Elementary, 2026-10
  10. Little Elm ISD Quick Financial Facts (tax rate), 2026-10
  11. Top 10 things to know before moving to Lakewood Village (Perry Homes), 2026-10
  12. Town of Lakewood Village, New to Town, 2026-10
  13. CoServ, Set up Residential Service and service map, 2026-10
  14. Denton Central Appraisal District, Homestead Exemptions (apply online, no fee), 2026-10
  15. Little Elm ISD, New Student Enrollment, 2026-10
  16. Little Elm ISD, Attendance Zones, 2026-10
  17. Texas DMV, New to Texas (30 days to register; emissions counties), 2026-10
  18. Texas DPS, Moving to Texas (drive on out-of-state license up to 90 days), 2026-10
  19. Texas DPS, Driver License Office Locations search (by county), 2026-10
  20. Texas DMV, Denton County Tax Office contact, 2026-10

Figures change. Verify school zoning, tax rates and HOA or MUD fees for any specific address before you buy. Miguel does this on every home he shows.

Next step
Realtor in Lakewood VillageOpen →Dallas suburbs comparedOpen →Property taxes by cityOpen →School districtsOpen →