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$1,100,000 Just Listed
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Property Description
Build your dream home on nearly one acre in Allen's only Guard-Gated luxury community. Wimberly Place offers an unmatched combination of privacy, prestige, and natural beauty. This specific lot backs to a serene tree-lined greenbelt, giving you seclusion that's genuinely rare inside the city. Crescent Signature Homes, one of the DFW area's premier custom builders, is ready to bring your vision to life with an exceptional range of design options and finishes. Every detail, from the floor plan to the fixtures, is yours to shape. Steps from your future front door, The Golf Club at Twin Creeks features an Arnold Palmer Signature Course - one of the most acclaimed layouts in North Texas, designed for golfers at every level. Highlights: * Nearly 1-acre lot - Greenbelt views * Allen's only guard-gated luxury community * Custom build with Crescent Signature Homes * Arnold Palmer Signature Golf Course on-site * Award-winning Allen ISD
Full Property Details
Full Property Details for 509 Lakeway Dr
General
- Price: $1,100,000
- HOA FEE: $601/month
- HOA FEE FREQ.: Semi-Annually
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21255580
- Updated: Today (4/30/2026)
- Added to Site: Today
Location
- County: Collin
- Subdivision: Estates Of Twin Creeks Ph II
- Driving Directions: .
School Information
- Elem School District: Allen ISD
- Midd School District: Allen ISD
- High School District: Allen ISD
- Elementary School: Evans
- Middle School: Ereckson
- High School: Allen
Community
- Association: Yes
- Assoc. Name: Twin Creeks HOA
- Assoc. Fees Include: Maintenance Grounds
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Single Family
Lot Features
- Lot Size (Acres): 0.88
- Lot Size (Sq. Ft.): 38,332.8
- Lot Size Source: Assessor
- Lot Dimensions: 201 x 164 x 194 x 230
- Frontage: City Street
- Lot Features: Backs to Greenbelt/Park, City Lot
- Development Status: Streets Installed
- Potential Use: Single Family
- Zoning: Minimum 5000 square foot home size.
Financial Considerations
- Association Fee: $3,608
- Assoc Fee Freq.: Semi-Annually
Disclosures and Reports
- Documents Avail.: Survey
- Legal Description: ESTATES OF TWIN CREEKS PHASE II (CAL), BLK J,
- Property ID: R1093100J02001
- Block: J
- Lot Number: 20
Listed by The Drew Company, Andrew Montoya
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Schools
Schools serving 509 Lakeway Dr
School District:Allen Independent School District
| Name | Grades | Distance |
|---|---|---|
Mary Evans Elementary School 1225 Walnut Springs Drive, Allen, TX 75013 | K-6 | 0.5 mi |
Ereckson Middle School 450 Tatum Drive, Allen, TX 75013 | 7-8 | 1.4 mi |
Allen High School 300 Rivercrest Boulevard, Allen, TX 75002 | 9-12 | 3.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 509 Lakeway Dr
Date
Details
Price
Change
Source
4/30/2026
Listed
$1,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 509 Lakeway Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,259
19%
$539,500
5%
2023
$6,112
-1%
$515,000
51%
2022
$6,154
—
$341,000
10%
2022
$6,154
-5%
$310,000
1%
2021
$6,496
17%
$305,550
21%
2019
$5,554
-2%
$252,000
3%
2018
$5,660
11%
$245,000
13%
2017
$5,118
-11%
$217,600
-9%
2016
$5,759
—
$240,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 509 Lakeway Dr
509 Lakeway Drive, Allen, TX 75013 (MLS# 21255580) is a Lots/Land property with a lot size of 0.88 acres. 509 Lakeway Drive is currently listed for $1,100,000 and was received on April 30, 2026. Want to learn more about 509 Lakeway Drive? Do you have questions about finding other Lots/Land real estate for sale in Allen? You can browse all Allen real estate or contact a Coldwell Banker agent to request more information.

