5671 5681 5660 1208 Dorothy Lane
Little Elm, Texas 75068
10
Bed
7
Bath
4,879Sqft
0.96Acre(Lot)
RARE LAKEFRONT INVESTMENT PORTFOLIO - PRIVATE COMPOUND - DEVELOPMENT OPPORTUNITY - LEWISVILLE LAKE Exceptional opportunity to acquire 7 contiguous lakefront lots totaling just under one acre on Lewisville Lake, featuring four fully renovated single-family residences with immediate income potential and future redevelopment upside. Renovated in 2022, all four 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. Three residences are loc
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 10 Window Features: Skylights(s)Bathroom Information
Total Baths: 6.5 Full Baths: 6 Half Baths: 1 -
Interior Features
Cable TV Available,Cathedral Ceiling(s),Chandelier,Decorative Lighting,Double Vanity,Eat-in Kitchen,High Speed Internet Available,Kitchen Island,LoftAppliances
Dishwasher,Disposal,Electric Cooktop,Microwave,WasherUtilities
Dirt,Electricity Connected,Gravel/Rock,Outside City Limits,Septic,Sewer Not Available -
Cooling Features
Multi UnitsHeating Source
Central,PropaneFireplace
Number of Fireplaces: 2 Fireplace Features: Brick,Living Room
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Building Information
Built Year: 1961 Construction: Frame,See Remarks Roof Type: Composition -
Exterior Features
Fire Pit,Private Entrance,StorageFoundation
Pillar/Post/Pier -
Patio And Porch
Deck,Front Porch,PatioFencing
Gate,Metal,WoodConstruction Materials
Frame,See Remarks
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Lot Information
Lot Size (Acr): 0.9619 Lot Size Units: Square Feet Lot Size Square Feet: 41,900 Lot Size Source: Owner Lot Features: Acreage,Cul-De-Sac,Irregular Lot,Lrg. Backyard Grass,Many Trees,Water/Lake View -
Property Information
SQ ft (Living Area): 4,879 Property Type: Residential Property Sub Type: Single Family Residence Architectural Style: Other Subdivision: Rocky Point City: Little Elm State: Texas Directions: El Dorado to Garza Lane, take Sheriff Ave to Dorothy Lane. Drive to gate at end of Dorothy Lane. Property Status: Active Exclusions: Purchase price excludes all furnishings and hot tub. Seller is open to negotiating the sale of all furnishings and personal property separately. Levels: Two Property Age: 65 Year Built Details: Preowned Other Equipment: Varies By Unit
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Listing Price Information
Original List Price: $1,995,000 List Price Tot SqFt: $409 -
Listing Information
Possession: Closing/Funding
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Tax Information
Parcel Number: R44546 Tax Legal Description: Lots 31, 32, 33, 34, 35, 36, 37, 63 Tax Lot: 33
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Parking Information
Garage Space: 0 Carport Spaces: 7 Parking Features: Additional Parking,Carport,Common,Driveway,Gated,Gravel,Private -
Homeowners Association Information
HOA Type: None
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School Information
Elementary School: Oak Point Middle School: Jerry Walker High School: Little Elm School District: Little Elm ISD -
Utility Information
Utilities: Dirt,Electricity Connected,Gravel/Rock,Outside City Limits,Septic,Sewer Not Available
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 14520 Eaglemont Drive, Little Elm, TX, 75068 | $374,000 | 3 | 2 | 1,879 | 1,879 SqFt |
| 14521 Little Anne Drive, Little Elm, TX, 75068 | $450,000 | 4 | 3 | 2,938 | 2,938 SqFt |
| 14537 Crystal Lake Drive, Little Elm, TX, 75068 | $374,500 | 3 | 2 | 1,962 | 1,962 SqFt |
| 14609 Little Anne Drive, Little Elm, TX, 75068 | $375,000 | 4 | 2 | 2,055 | 2,055 SqFt |
| 1417 Lone Pine Drive, Little Elm, TX, 75068 | $355,000 | 3 | 2 | 1,507 | 1,507 SqFt |
| 2485 Yuma Drive, Little Elm, TX, 75068 | $500,000 | 4 | 3 | 2,583 | 2,583 SqFt |
| 2417 Mallard Drive, Little Elm, TX, 75068 | $399,000 | 3 | 2 | 2,127 | 2,127 SqFt |
| 3153 Fox Hollow Drive, Little Elm, TX, 75068 | $395,500 | 4 | 2 | 2,325 | 2,325 SqFt |
| 3144 Deer Run Drive, Little Elm, TX, 75068 | $399,900 | 4 | 2 | 2,218 | 2,218 SqFt |
| 14713 Brandon Drive, Little Elm, TX, 75068 | $379,000 | 3 | 2 | 1,950 | 1,950 SqFt |
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ByOwner last updated this listing 06/27/2026 @ 01:37
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