Real Estate Investing in Lewisville, Texas
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in Lewisville, TX? Our answer, based on the numbers below.
For Homebuyers
MIXED
Grade C (64/100)
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
For Investors
MIXED
3.0 / 5
(47/100)
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
Risks to Know
CLEAN
No major risk flags on the data we track.
What’s happening in Lewisville, TX?
Click any question — our AI will research it live from the web and show you sources.
🏦 30-yr Fixed Rate:
6.76%
as of Sep 10
Source: Freddie Mac PMMS
Avg Investability
★★★★★
Avg Home Value
$334,639
Avg Monthly Rent
$1,503
ZIP Codes
2
Market Trends — Lewisville, TX
Home Value History
Rent History
Local Pulse Report
AI-researched developments and news for Lewisville, TX. Updated on demand as visitors ask.
Growth & development in Lewisville, TX Updated 142 days ago
Lewisville is experiencing significant infrastructure upgrades, new residential and commercial developments, and business expansions, particularly in the mixed-use Realm at Castle Hills area.
Opportunities
- Moonshot Electrical & Controls is expanding its headquarters and adding a new production facility in Lewisville, investing $50 million and creating up to 500 jobs. — This expansion brings new employment opportunities and significant capital investment to the city. Office of the Texas Governor
- The Realm at Castle Hills has seen numerous new businesses open in 2023 and 2024, including diverse restaurants, salons, and fitness centers. — This provides residents with expanded dining, retail, and service options, enhancing the local lifestyle. The Realm, Community Impact
- JPI is developing Jefferson Marketplace in Lewisville, a 380-unit apartment complex with ground-floor retail, near a Kroger grocery store. — This project increases housing supply and offers convenient walkable amenities for residents. Multifamily Dive
- Major infrastructure projects like the Corporate Drive Extension (Segments 2, 3, 4, and 5) are underway, improving roadways, sidewalks, trails, and utilities. — These projects enhance connectivity, improve transportation, and modernize essential public services. City of Lewisville, Sundt Construction
- Lewisville approved a large affordable housing project on a 17-acre lot, aiming to save residents $24 million in rent over 15 years. — This initiative increases the availability of attainable housing and provides financial relief for residents. YouTube (WFAA)
Concerns
- The Valley Parkway and Civic Circle Reconstruction project, started in February 2024, is anticipated to take about 18 months to complete. — Construction may cause temporary traffic disruptions and access limitations for residents and businesses. City of Lewisville
- The Corporate Drive Extension Segments 4 and 5 project, starting in June 2024, has an estimated construction length of 3.5 years. — This long-term construction could lead to prolonged traffic impacts and inconvenience for commuters. City of Lewisville
- A water main shutoff, potentially lasting up to 8 hours, is required for the Corporate Drive contractor to connect new water mains to existing lines on Holfords Prairie Road. — This will temporarily disrupt water service for the Oak Point Mobile Home Park neighborhood. City of Lewisville
Bottom line: Lewisville is actively investing in significant infrastructure and development projects, alongside new business growth, though some long-term construction may cause temporary disruptions.
Local news & events in Lewisville, TX Updated 142 days ago
Lewisville is celebrating its centennial in 2025 with various community events, while also addressing ongoing concerns about crime rates, environmental challenges, and short-term rental regulations.
Opportunities
- Lewisville will celebrate its 100th birthday in 2025 with a year-long celebration, including self-guided tours, historical exhibits, and an original play. — This expands cultural and recreational opportunities for residents and promotes community engagement. City of Lewisville
- The city hosts a wide range of community events and festivals throughout the year, such as ColorPalooza, Sounds of Lewisville, and Western Days. — These events provide diverse entertainment and opportunities for social interaction and community building. Visit Lewisville / City of Lewisville
- A 2023 Resident Satisfaction Survey found that 88% of residents were satisfied or very satisfied with the quality of life in Lewisville, with high satisfaction in fire, library, and police services. — This indicates a generally positive living experience and effective provision of key public services for residents. City of Lewisville
- Lewisville has made significant strides in sustainability, including a reduction of over 3.8 million kWh in electricity use and over $1.3 million in cost savings since 2015. — These efforts contribute to a healthier environment and more efficient use of public funds, benefiting current and future generations. City of Lewisville
Concerns
- Lewisville's crime rate is considerably higher than the national average, with a 1 in 58 chance of becoming a victim of violent or property crime. — High crime rates can restrict residents' sense of safety and freedom within their community. NeighborhoodScout
- Lewisville has a higher rate of motor vehicle theft compared to communities of all sizes nationwide. — This imposes unconsented costs and inconvenience on residents due to potential property loss. NeighborhoodScout
- Lewisville faces environmental challenges including water pollution from urban runoff and air pollution from industrial emissions and vehicular traffic. — These issues can degrade natural resources and negatively impact public health. ESE Partners
- Lewisville has been debating regulations for short-term rentals, with residents expressing concerns about safety, noise, trash, and home values. — Unregulated short-term rentals can impose unconsented costs and disruptions on neighboring residents. Lewisville | FOX 4 News Dallas-Fort Worth
- A fatal hit-and-run occurred in Lewisville, with the suspect turning himself in a month later after initially claiming to have hit a deer. — Such incidents highlight ongoing public safety concerns and can create a sense of insecurity for residents. FOX 4 News Dallas-Fort Worth
Bottom line: Lewisville is actively promoting community engagement and sustainability while working to address persistent challenges in crime and environmental quality.
Schools in Lewisville, TX Updated 142 days ago
Lewisville ISD voters approved significant bond measures in 2023 and 2024 for facilities and operations, while the district faces declining enrollment leading to school closures and program relocations.
Opportunities
- In November 2023, Lewisville ISD voters approved over $1 billion in bond propositions B and C for facility maintenance, safety, and technology. — This provides substantial funding for necessary upgrades and modern equipment across district campuses. Lewisville ISD
- Voters also approved Proposition A, a Voter-Approval Tax Rate Election (VATRE) in November 2023, adding $37.5 million annually to the operating budget. — This additional revenue helps sustain competitive staff pay and maintain student instructional opportunities and programs. Lewisville ISD
- In May 2024, voters approved an additional $101.8 million bond for athletics and recreation facilities, aquatic centers, and high school stadiums. — This investment supports the upkeep and improvement of athletic facilities, benefiting student extracurricular activities. Lewisville ISD
- Lewisville ISD is expanding its virtual and hybrid learning options starting in Fall 2026, including a full-time online 9th-grade program. — This offers students more flexibility and personalized learning pathways to balance academics with other commitments. Lewisville ISD
- The district's overall state rating for 2024-2025 is a 'B', with 28 campuses improving their rating from the previous year. — Improved ratings indicate enhanced educational quality and student achievement in a significant number of schools. Lewisville ISD
Concerns
- Lewisville ISD is facing declining enrollment, with a 13.2% decrease since 2016, leading to budget challenges. — Declining enrollment can lead to reduced state funding and difficult decisions regarding school resources. Texas Tribune
- In December 2024, the LISD Board approved the closure of five elementary schools (B.B. Owen, Creekside, Garden Ridge, Highland Village, and Polser STEM Academy) effective for the 2025-2026 school year. — School closures disrupt communities and require students to adjust to new environments and potentially longer commutes. CBS News
- The district is implementing boundary adjustments for several elementary and middle schools due to school closures and declining enrollment. — Boundary changes can displace students from their neighborhood schools and alter established community connections. CBS News
- Mill Street Elementary will be repurposed into a second early childhood facility, with its students reassigned to surrounding elementary schools for the 2026-2027 school year. — This change requires students to transition to new schools, potentially impacting their learning environment and social connections. Cross Timbers Gazette
- Several district programs, including the Virtual Learning Academy and Night High School, are being relocated to existing campuses starting in the 2026-2027 school year. — Program relocations may necessitate adjustments for students and staff, potentially impacting accessibility or established routines. Lewisville ISD
Bottom line: Lewisville ISD is actively investing in facilities and programs through recent bond approvals, but is also navigating significant challenges from declining enrollment and associated school closures and program adjustments.
Civic & policy in Lewisville, TX Updated 142 days ago
Lewisville has seen recent zoning amendments to manage industrial growth and adjust to changing development patterns, alongside ongoing efforts to maintain a low property tax rate.
Opportunities
- The Lewisville ISD Board of Trustees adopted a tax rate of $1.1178 for the 2024-25 school year, a decrease of over 1 cent from the previous year. — This reduces the financial burden on homeowners within the school district. Cross Timbers Gazette
- Lewisville voters approved a $960 million bond measure in November 2023 for school upgrades, safety, technology, and transportation. — This investment enhances educational facilities and resources for students. Ballotpedia
- The City of Lewisville adopted its lowest property tax rate since 1987 for fiscal year 2026, at 0.419009 per $100 assessed valuation. — This helps residents retain more of their income and makes Lewisville more attractive for businesses. City of Lewisville, TX
- The Lewisville Planning and Zoning Commission recommended amendments to the Castle Hills Crown Center planned development in March 2026. — These changes offer greater flexibility for building placement and adjust multifamily rules, potentially fostering new development. Citizen Portal
Concerns
- Lewisville officials are considering new zoning regulations that would require a Special Use Permit for new warehouse distribution or manufacturing buildings. — This could add regulatory hurdles and costs for new industrial businesses. Cross Timbers Gazette
- Lewisville City Council is considering increasing compensation for the mayor and councilmembers from $50 per meeting to $400 and $300 per month, respectively. — This would increase operational costs for the city, potentially impacting taxpayers. City of Lewisville, TX
- The Lewisville City Council has identified a loophole allowing Public Facility Corporations (PFCs) to remove properties from the tax roll, costing the city $500,000 in property tax revenue. — This reduces city revenue, potentially impacting public services or leading to higher taxes for other residents. City of Lewisville, TX
- Lewisville enforces seasonal outdoor watering restrictions from May 1 to September 30, limiting irrigation to two days per week and prohibiting midday watering. — These restrictions limit residents' autonomy over their property maintenance and landscaping choices. City of Lewisville, TX
Bottom line: Lewisville is actively managing urban development and maintaining a low tax burden, while also addressing challenges related to industrial growth and state-level tax policies.
AI-generated from public web sources. Always verify with official records. Not financial, legal, or investment advice.
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Landlord Ground Truth
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Avg Home Value
$334,639
Avg Monthly Rent
$1,503
1% Rule
✗ Below
Landlord Friendly (TX)
★★★★★
🎓 Colleges & Universities in Lewisville
1 College
127 Students
Neighborhoods in Lewisville
Bellaire
2 ZIP codes
Berry Heights
2 ZIP codes
Carrington Village
2 ZIP codes
Creek Haven
2 ZIP codes
Creekview Village
2 ZIP codes
Degan
2 ZIP codes
Fox Creek
2 ZIP codes
Garden Oak Estates
2 ZIP codes
Garden Ridge
2 ZIP codes
Highland Lakes
2 ZIP codes
Highpoint
2 ZIP codes
Hunters Glen
2 ZIP codes
Indian Oaks/Valley Oaks/Water Oak Estates
2 ZIP codes
Lakeland Terrace
2 ZIP codes
Lakewood North
2 ZIP codes
Lewisville Park
2 ZIP codes
Lewisville Valley
2 ZIP codes
Meadow Glen
2 ZIP codes
Meadow Lake
2 ZIP codes
Oakridge Park
2 ZIP codes
ZIP Codes in Lewisville, TX
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View PlansFrequently Asked Questions About Lewisville, TX
Where do home prices stand in Lewisville, TX?
Typical homes in Lewisville, TX go for around $335K. The 5-year CAGR of 0.0% stable price movement.
What approach is best for Lewisville, TX real estate?
For Lewisville, TX, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
Is Lewisville, TX good for landlords?
Lewisville, TX operates under TX law, which is landlord-friendly overall for landlords. Expect even-keeled treatment in typical lease and eviction cases.
Does house hacking work in Lewisville, TX?
For house hackers, Lewisville, TX is a challenging. The $1,503/mo rent on a unit helps defray the mortgage on a $335K property.
How tight is the rental market in Lewisville, TX?
Vacancy in Lewisville, TX is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,503/mo.
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