5671, 5681, 1208 Dorothy Lane, Little Elm, TX 75068

Little Elm
Local realty services provided by:ERA Myers & Myers Realty
5671, 5681, 1208 Dorothy Lane,Little Elm, TX 75068
$1,650,000
Virtual Tour
  • 8 Beds
  • 6 Baths
  • 4,029 sq. ft.
  • Single family
  • Active
Listed by: christine crandall hamparyan
Office: christie's lone star
MLS#:21311472
Source:GDAR

Price summary

  • Price:$1,650,000
  • Price per sq. ft.:$409.53

About this home

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...

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Home facts

  • Year built:1961
  • Subdivision & Development:Rocky Point
  • Listing ID #:21311472
  • Added:125 day(s) ago
  • Updated:October 28, 2026 at 12:56 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:6
  • Full bathrooms:5
  • Half bathrooms:1
  • Flooring:Ceramic Tile
  • Kitchen Description:Dishwasher, Disposal, Electric Cooktop, Microwave
  • Living area:4,029 sq. ft.

Heating and cooling

  • Cooling:Multi Units
  • Heating:Central, Propane

Structure and exterior

  • Roof:Composition
  • Year built:1961
  • Building area:4,029 sq. ft.
  • Lot area:0.85 Acres
  • Lot Features:Acreage, Cul De Sac, Irregular Lot, Lawn, Many Trees, Retaining Wall
  • Construction Materials:Frame
  • Foundation Description:Pillar Post Pier
  • Levels:2 Story

Schools

  • High school:Little Elm
  • Middle school:Jerry Walker
  • Elementary school:Oak Point

Finances and disclosures

  • Price:$1,650,000
  • Price per sq. ft.:$409.53

Features and amenities

  • Appliances:Dishwasher, Disposal, Electric Cooktop, Microwave, Washer
  • Laundry features:Washer
  • Amenities:Skylights

Parking

  • Carport spaces:7
MLS LogoInformation provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated October 28, 2026 Listings with the NTREIS logo are listed by brokerages other than ERA Myers & Myers Realty.

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