High-End Real Estate and the Most Expensive Neighborhoods in Highland Village, TX

The median home sale price in Highland Village, TX sits at roughly $645,000 as of mid-2026, up 6.2% year-over-year. That's the citywide number - and if you're shopping the upper end of the best neighborhoods in Highland Village, TX, the actual prices you'll encounter climb well past that figure before you've even reached the northern border.

Homes in the upper pricing tiers routinely exceed $3 million, particularly custom builds with direct access to the water. Knowing where those properties are concentrated means looking at specific geographic boundaries and recent market data, not just the headline median.

Top-Tier Real Estate Prices in Highland Village, TX

Market data from June 2026 shows homes here selling in about 27 days on average. During that month, 67 homes sold across the city, with 26% closing above the initial list price. The overall market carries about 2.6 months of supply - tight enough that hesitation can cost you a property. And while the citywide median hovers near $645,000, specific zones feature average listing prices closer to $930,000.

Median Home Prices Across the Area

Different platforms track the city's averages a bit differently depending on the month and property types included. Movoto reported a median of $629,000 in August 2026; Homes.com showed an average near $932,000 with a median of $939,000 for its active listings.

That gap isn't a data error - it reflects the distance between standard single-family homes and the luxury estates that pull averages upward. When you're budgeting for a high-end purchase here, neighborhood-specific data will tell you far more than the citywide figures.

How Areas Compare by Price

The highest property values are concentrated in the northern section of the city. Streets running along the water - North Shore Drive and Lake Creek Drive in particular - carry the densest concentration of multi-million dollar listings.

Properties further south tend to align much closer to the citywide median.

Where the Wealthiest Areas Are Located

BestNeighborhood.org data places the highest-income areas in the north part of Highland Village. In those specific census tracts, neighborhood median incomes reach up to $250,001.

There's no single subdivision with an official title here. The luxury market is really a collection of custom estates and waterfront properties spread across the northern boundary - you'll know it when you're driving through, but it doesn't have a sign at the entrance.

Luxury Home Styles and Features

High-end homes in this market range from the high six figures up to several million dollars. The largest properties typically run four to six bedrooms and span over 6,000 square feet of living space, with custom architectural details, expansive outdoor living areas, and multi-car garages. Top-end lakefront listings have recently reached between $3.1 million and $4.25 million.

Lakefront Access and Amenities

Lake Lewisville borders the city to the north, and that single fact drives more of the premium real estate demand here than anything else. Homes with lake views or direct water access command the highest prices in the local market - full stop.

The city's park system supports boating and water sports, anchored by Copperas Branch Park, a 75-acre regional park on the shoreline. There are no major private country clubs within the city limits, though residents often use the nearby Bridlewood Golf Course.

Defining Upscale Markets in the City

The median household income in Highland Village generally falls between $150,000 and $168,000, depending on the reporting agency. City-Data estimated it at $167,950 for 2024; Data USA reported $159,828 for the same period. Either way, both figures sit well above national averages, which tells you something about the baseline buying power across the entire municipality - not just the northern tier.

Within the city, the most expensive pockets are defined by even higher income brackets and premium property features.

Household Income Benchmarks

The northern census tracts reporting median incomes up to $250,001 map almost directly onto the highest home values. That's not a coincidence - it's the concentration of wealth that sustains demand for custom builders, high-end finishes, and the local services that cater to this price point.

If you're relocating from another part of Texas or coming from out of state, that context matters when you're sizing up what comparable money actually buys here.

Premium Property Traits

Upscale areas in this market are defined by large lot sizes, mature trees, and proximity to the lake. The northern residential zones also benefit from the absence of commercial through-traffic - something that's easy to overlook until you've spent time in neighborhoods where it's a problem.

Gated communities are rare here. The natural geography does most of that work, creating secluded enclaves where privacy and direct access to recreational waterways come with the same deed.

Luxury Homes Currently on the Market

One of the most expensive active listings in Highland Village sits at 3111 Lake Creek Drive - a 10,672-square-foot mansion with eight bedrooms and 12 bathrooms, listed at $4,250,000. That's the ceiling of what's currently on the market.

With the overall city averaging just 27 days on the market, you don't have weeks to think it over when a property like that becomes available. High-end buyers should be ready to move.

The Top End of the Market

Another recent example: a six-bedroom, five-bathroom lakefront home listed at $3,096,000. Buyers shopping the $3 million to $5 million range will primarily encounter properties with direct lake access or expansive acreage, and inventory in that bracket is limited - often just a few active listings at any given time.

High-End Builds and Estates

Beyond the lakefront, the luxury market includes newer custom builds scattered through the northern subdivisions. These typically feature modern layouts, energy-efficient systems, and premium materials throughout.

Older estates in the area often undergo extensive renovations to match what newer construction delivers. If you're looking at something built before 2010, factor potential updating costs into your budget before you fall in love with the price per square foot.

Choosing an Area Based on Features

Highland Village offers 58 active listings as of mid-2026. That's not a deep pool, which means the choice of where to focus your search matters from the start.

Some buyers want to be as close to the water as possible. Others prioritize getting in and out of the city quickly for a daily commute. The layout here accommodates both preferences - just not always in the same location.

Proximity to Parks and Recreation

Buyers focused on outdoor access tend to anchor their search near Copperas Branch Park's 75 acres of recreational space, where trails and boating are part of the daily routine. The inland trail system connects several subdivisions as well, letting residents walk or bike across the city without touching main roads.

Homes backing up to those green spaces often carry a slight premium over standard interior lots - not dramatic, but worth knowing when you're comparing two properties that look similar on paper.

Access to Commute Routes

Residents commuting into Dallas or Fort Worth generally look in the southern and eastern portions of the city, where access to the broader Dallas-Fort Worth metroplex is faster. The trade-off is distance from Lake Lewisville. It's a straightforward equation - the closer you are to the water, the longer the drive to the employment centers.

Crime Rates and Local Livability

Highland Village is consistently characterized as a low-crime community. NeighborhoodScout notes that the city's overall crime rate is lower than the national average, and that profile holds across the city - not just in select pockets.

That consistency matters. You're not making location decisions within the city based on safety concerns here.

Local Crime Statistics

The local police department maintains a visible presence throughout both residential and commercial zones. Property buyers should still review localized data and talk with their insurance providers about standard security measures - high-value homes here often include private security systems regardless of the neighborhood's overall statistics.

Cost of Living Considerations

Housing is the primary driver of the elevated cost of living in Highland Village. With a median sale price around $645,000, housing takes up a larger share of household income than the national average would suggest as typical.

Texas property taxes are assessed on the full value of these estates, which adds up quickly at $3 million or $4 million. Run the estimated annual tax numbers on any specific property before you commit to a price point.

Mapping the High-End Districts

Highland Village's geography is straightforward once you see it on a map. Lake Lewisville forms the northern boundary, and that's where luxury development concentrates. The southern boundary blends into the broader Dallas-Fort Worth metroplex, where commercial and residential zoning begin to mix and prices shift accordingly.

Understanding that boundary helps explain why property values can change meaningfully from one street to the next.

Proximity to the Broader Metro

Highland Village is positioned within the Dallas-Fort Worth metroplex in a way that makes the drive into major employment centers manageable. That balance - access to the city without living in it - is a real factor in why the top-tier neighborhoods here hold their value.

Natural Boundaries and Parks

The Lake Lewisville shoreline is the defining natural feature of this market. Properties on peninsulas or bluffs overlooking the water sit at the top of the local pricing hierarchy.

Copperas Branch Park and other green spaces keep portions of that shoreline undeveloped, which means the supply of private waterfront land stays constrained. Existing lakefront estates aren't competing with a wave of new inventory - and that limited supply is a significant part of why premium pricing holds.

Frequently Asked Questions

Which neighborhoods in Highland Village, TX have the most expensive homes?

No single subdivision is officially designated as the wealthiest. The most expensive homes are concentrated in the northern part of the city along Lake Lewisville, specifically on streets like North Shore Drive and Lake Creek Drive.

What is the starting price for a luxury home in Highland Village's top-tier communities?

Luxury homes in Highland Village generally start in the high six figures. Larger estates with four to six bedrooms and over 6,000 square feet often exceed $3 million, with top-end lakefront properties reaching up to $4.25 million.

How do high-end real estate prices in Highland Village compare to nearby Flower Mound?

Both are affluent Dallas-Fort Worth suburbs, but Highland Village's highest prices are driven specifically by its direct northern border with Lake Lewisville. In those northern census tracts, neighborhood median incomes reach up to $250,001.

What premium amenities or features drive up home values in Highland Village's luxury areas?

Direct access to Lake Lewisville and expansive lake views are the primary drivers of high property values. Additional premium features include large custom floor plans exceeding 6,000 square feet and proximity to the 75-acre Copperas Branch Park.

How much should I expect to pay in property taxes and HOA fees for a high-end home in Highland Village, TX?

Property tax amounts depend on the home's assessed value, which can exceed $4 million for top-tier properties. Review individual listings for exact HOA fees - Highland Village doesn't have a major private country club within city limits dictating uniform neighborhood dues.

How long do luxury properties typically stay on the market in Highland Village before selling?

As of mid-2026, the median days on market for all homes in Highland Village is 27 days. Luxury estates may follow a different timeline depending on their specific price point and whether they sit directly on the lakefront.