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Property Details:

County or Parish
Denton
Lot Size
.5 to < 1 Acre
Lot Size (Acres)
0.8471
Lot Size Area
36900.0000
Lot Size (Square Feet)
36900.0000
Association Type
None
Community Features
Fishing,Gated,Lake,Perimeter Fencing,Spa,Other
Restrictions
Other

School Information:

School District
Little Elm ISD
Elementary School
Oak Point
Middle School
Jerry Walker
High School
Little Elm

Interior Information:

Appliances
Dishwasher,Disposal,Electric Cooktop,Microwave,Washer
Heating
Central,Propane
Cooling
Multi Units
Fireplaces Total
2
Fireplace Features
Brick,Living Room
Flooring
Ceramic Tile,Engineered Wood,Varies
Interior Features
Cable TV Available,Cathedral Ceiling(s),Chandelier,Decorative Lighting,Double Vanity,Eat-in Kitchen,High Speed Internet Available,Kitchen Island,Loft

Exterior Information:

Architectural Style
Other
Lot Features
Acreage,Cul-De-Sac,Irregular Lot,Lrg. Backyard Grass,Many Trees,Water/Lake View
Lot Size
.5 to < 1 Acre
Acres
0.8471
Patio and Porch Features
Deck,Front Porch,Patio
Pool
No
Lake
Lewisville
Waterfront
Yes
Waterfront Features
Lake Front,Lake Front - Common Area,Lake Front – Corps of Engineers,Lake Front – Main Body,Beach Access,Retaining Wall – Wood
Exterior Features
Fire Pit,Private Entrance,Storage

Farm and Ranch Info:

Barns Count
0

Map

Flood information: FEMA National Flood Hazard Layer (NFHL). Coverage varies; no shading does not mean no flood risk. This map is informational, not an official flood determination for insurance or lending. Verify current maps at the FEMA Map Service Center.

MLS 21311472

5671, 5681, 1208 Dorothy Lane

Little Elm, Texas
$1,650,000
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Type: Residential
Beds: 8 Baths: 6.00 Living: 3 Dining: 4
Gar: 0 SqFt: 4,029 Year Built: 1961
NEW LOWER PRICE! Removed property (lot 37) outside gate. RARE LAKEFRONT INVESTMENT PORTFOLIO - PRIVATE COMPOUND - DEVELOPMENT OPPORTUNITY - LEWISVILLE LAKE Exceptional opportunity to acquire 6 contiguous lakefront lots on Lewisville Lake, featuring 3 fully renovated single-family residences with immediate income potential and future redevelopment upside. Renovated in 2022, all 3 homes were taken to the studs and updated with modern finish-outs, new HVAC systems, water heaters, and major system improvements—creating a turnkey portfolio with reduced near-term capital needs. Currently operating as established short-term rentals, the properties offer multiple income streams while preserving flexibility for continued rental operations, redevelopment, expansion, or long-term hold. The three residences are located within a private electric-gated lakefront compound at the end of a quiet cul-de-sac, creating an exclusive retreat setting rarely found on Lewisville Lake. Two homes offer unobstructed lake views, while the remaining residence provide privacy and flexibility. Owners and guests enjoy access to nearly .8 acres of lakefront recreation with resort-style amenities including a hot tub, water toy storage, kayaks, fishing equipment, swim platforms, and outdoor gathering areas. Property Details: 5861 Dorothy Ln – 1,524 SF, 4 Bed 3 Bath 7,500 SF Lot 5671 Dorothy Ln – 1,645 SF, 3 Bed 2 Bath 7,950 SF Lot 1208 Dorothy Ln – 837 SF, 2 Bed 1 Bath 5,000 SF Lot Lakewood Village continues to transform as older lake homes are redeveloped into premium waterfront properties, creating a rare opportunity to secure substantial lake frontage before future appreciation. Ideal as a turnkey investment, private family compound, luxury retreat, or development opportunity. PRICE REDUCTION AS A RESULT OF TAKING OUT PARCEL R44604 AND SELLING SEPARATELY. YOU CAN STILL PURCHASE 5660 DOROTHY WITH THESE HOMES AS WELL. MLS #21350750
Active
Listed by: Christine Crandall Hamparyan
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Tony C Hager

Tony C Hager

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