Lake Dallas Real Estate

What’s old is new again in Lake Dallas, a charming community on the shores of Lake Lewisville ten miles south of Denton in southeastern Denton County. The downtown area is redeveloping into a tree-lined, thriving area of historically accurate brick buildings filled with shops, restaurants, offices and living spaces around which community Mardi Gras, Fourth of July, Halloween and Holiday celebrations take place.

The renewed interest in the area stems from the new bridge linking Lake Dallas’ Swisher Road and Little Elm’s Garza Lane allowing motorists to get from I-35E to the Dallas North Tollway and vice versa. The ability to span the waters of Lake Lewisville is bringing renewed attention in Lake Dallas from developers, business owners and residents alike. Much of the land leading up to the Lake Dallas side of the bridge has prime development potential for retail and commercial venture and will be just minutes from I-35E.

Plans for the revitalized downtown include Market Street Square with a new urban zoning classification calling for live/work commercial/residential spaces —a concept already proven successful in Lake Dallas’ 1908 Woodman of the World building which houses the community newspaper on the first floor and residential lofts above. Lake Dallas’ traditional home neighborhoods have enjoyed rejuvenation and value increases, and new home developments have also been established. Residents are served the Lake Dallas Independent School District which recently celebrated the naming of Lake Dallas High School among the 2014 “Best High Schools” in the U.S. list published by U.S. News & World Report.

Lake Dallas - Town vs. County Stats

Avg Price in Lake Dallas: $366,500 / County Avg $785,700


Avg Taxes in Lake Dallas: $5,900 / County Avg $9,500


Avg Sq. Ft. in Lake Dallas: 1,830 / County Avg 2,822


Avg Price per/sqft in Lake Dallas:$200 / County Avg $278


Avg Walkscore in Lake Dallas: 22 / County Avg 24


Avg Year Built in Lake Dallas: 1998 / County Avg 2009


Avg Days on Website in Lake Dallas: 83 / County Avg 58


Lake Dallas Real Estate Market Health

New Listings
Short Sales