Comparing the Real Estate Markets in Highland Village, TX and Lewisville, TX
The differences come down to budget, property type, and how much lot you want. Let me walk you through what separates them.
Geographic Layout and Highway Access
Interstate 35E runs along the eastern edge of both cities and is the main artery for anyone commuting south into Dallas. Lewisville has the larger footprint - it extends further south and east - while Highland Village sits tucked along the lake's southern shore.
Getting back and forth between them is easy enough. FM 407, also called Justin Road, is the primary east-west connector linking the two communities. That said, do yourself a favor and drive it during rush hour before you fall in love with a house. Traffic patterns tell you more than any map will.
Daily Commute Times and Public Transit
From either city, you're looking at roughly 15 to 20 minutes to DFW Airport. Downtown Dallas runs 30 to 40 minutes depending on when you leave and whether you're using the tollway.
If you'd rather skip the highway entirely, both cities are served by the Denton County Transportation Authority (DCTA), which operates the A-Train - a rail connection into the broader Dallas transit network.
Getting Around on Local Roads
FM 2499, also known as Village Parkway, handles most of the north-south local traffic. Combined with FM 407, it forms the backbone of how residents move between subdivisions, shopping centers, and highway on-ramps. When you're evaluating a specific address, map the drive to these corridors - that's the commute you'll be living.
Real Estate Prices and Housing Styles
The gap here is meaningful. Highland Village's median sale price is currently around $588,610. Lewisville's sits at roughly $415,000. That's not a rounding difference - it reflects something real about what you're buying.
In Highland Village, homes are selling in about 25 days on average, sellers are getting approximately 99% of list price, and there are currently about 2.3 months of housing supply on the market. Forty-eight homes were recently listed, so the pool you're working from is relatively modest.
Available Property Types and Lot Sizes
Highland Village is predominantly newer, custom-built single-family homes on larger lots. If you want square footage, yard space, and a floor plan that doesn't feel like it was designed to maximize density, that's where you'll find it.
Lewisville is a different animal. The inventory spans 1980s ranch-style homes, modern townhouses, and new construction on smaller lots. That mix gives you real flexibility - whether you're after a starter home, a lower-maintenance property, or something in between.
Market Pace and Inventory
Forty-eight active listings and a 25-day average time on market means Highland Village isn't exactly a slow-moving market. Homes priced correctly don't sit. In either city, you'll want your financing sorted before you start touring, and you'll want to be checking listings daily. Waiting a week to schedule a showing can cost you the house.
Local Amenities and Retail Centers
Highland Village's main commercial hubs are The Shops at Highland Village and The Marketplace at Highland Village - both open-air centers covering daily needs and dining without much of a drive.
Lewisville has the Highlands Ranch retail center, the Vista Ridge mall area along the highway, and Old Town Lewisville for buyers who prefer independent boutiques over big-box anchors.
Parks and Trail Systems
Highland Village maintains the 9.8-mile Inland Trail System connecting neighborhoods to green space, along with Copperas Branch Park for outdoor activities.
Lewisville has the Garden Ridge Trail and the Prairie Creek Trail - paved and unpaved routes spread throughout the city. Between the two cities, you're not going to struggle to find somewhere to walk or ride.
Accessing Lewisville Lake
Both cities are on the water, and both make use of it. Highland Village gives you the Lewisville Lake Paddling Trail and Pilot Knoll Park for boating and kayaking. On the Lewisville side, Lake Park is the main anchor - boat ramps, picnic areas, open water access. It draws a crowd on weekends for good reason.
Frequently Asked Questions
What is the difference in home prices between Highland Village, TX and Lewisville, TX?
Highland Village's current median sale price is around $588,610. Lewisville's is roughly $415,000. That spread is real and reflects differences in lot size, home age, and construction type.
What types of homes are available in Highland Village, TX compared to Lewisville, TX?
Highland Village is primarily newer, custom-built single-family homes on larger lots. Lewisville offers a wider mix - 1980s ranch homes, townhouses, and newer builds on smaller lots.
How do property taxes compare between Highland Village, TX and Lewisville, TX?
Both cities are in Denton County and taxes are assessed based on local municipal and school district rates. The rate varies by exact address, so pull the tax history on any specific listing you're considering rather than assuming a citywide number.
How does the daily commute to DFW Airport or Dallas compare if I live in Highland Village, TX versus Lewisville?
It's nearly identical. Both cities put you about 15 to 20 minutes from DFW Airport and 30 to 40 minutes from downtown Dallas via I-35E.
What are the differences in lake access and outdoor recreation between Highland Village, TX and Lewisville?
Highland Village offers Pilot Knoll Park and the Lewisville Lake Paddling Trail. Lewisville's primary lake access runs through Lake Park, and local trail options include the Garden Ridge Trail.
Are buyers more likely to encounter strict HOAs and neighborhood fees in Highland Village, TX than in Lewisville?
It depends on the specific property, not the city. Highland Village skews toward newer custom single-family homes; Lewisville has a mix that includes townhouses and older ranch-style homes. Check the listing details on any property you're serious about - HOA dues and rules vary considerably from one subdivision to the next.
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