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$3,300,000
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Property Description
Exceptional opportunity to design a world-class custom estate on a rare 1.1-acre homesite within one of Frisco's most prestigious twenty-four seven guarded and gated enclaves. This prime corner lot is flat and ready for immediate construction, saving you in six-figures expenses by eliminating or minimizing the need for retaining walls and extensive dirt filling. Enjoy built-in privacy with HOA-maintained greenbelts to the east and north without the massive site-prep budget. These permanent buffers feature acres of natural beauty and an adjacent walking trail. Located just a short walk from Lake Lewisville, this community offers complete architectural freedom with no style limitations, seamlessly accommodating designs from timeless traditional to cutting-edge contemporary. You have the option to select your own custom builder or partner with the premier luxury craftsmen currently active within the community to execute your unique vision. Perfectly suited for executives and professionals, the estate is less than 5 miles from major corporate headquarters with swift access to the Dallas North Tollway and Highway 121. Enjoy the ultimate North Texas lifestyle just minutes from elite sports and entertainment destinations, including The Star, the world headquarters of the Dallas Cowboys, the newly established headquarter of the PGA of America, and the premier Universal Kids Resort, bringing world-class theme park entertainment to Frisco.. This property represents a rare opportunity to design a legacy home where luxury meets convenience. Secure your piece of Frisco's finest real estate and build an estate that reflects your vision and lifestyle!
Full Property Details
Full Property Details for 971 Lilac Ln
General
- Price: $3,300,000
- HOA FEE: $275/month
- HOA FEE FREQ.: Semi-Annually
- Taxes: $19,810
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21284650
- Updated: 6/8/2026
- Added to Site: 86 day(s) ago
Location
- County: Denton
- Subdivision: Hills of Kingswood Ph 6a
- Driving Directions: Please use GPS or Google maps.
School Information
- Elem School District: Lewisville ISD
- Midd School District: Lewisville ISD
- High School District: Lewisville ISD
- Elementary School: Hicks
- Middle School: Arbor Creek
- High School: Hebron
Community
- Gated community: Yes
- Association: Yes
- Assoc. Name: Hills of Kingswood HOA - CMA
- Assoc. Fees Include: Association Management, Maintenance Grounds, Security
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
Lot Features
- Lot Size (Acres): 1.098
- Lot Size (Sq. Ft.): 47,828.88
- Lot Features: Acreage, Cleared, Corner Lot, Few Trees, City Lot
- Development Status: Streets Installed, Zoned
- Potential Use: Residential
- Zoning: Residential
Financial Considerations
- Association Fee: $1,650
- Assoc Fee Freq.: Semi-Annually
- Tax Amount: $19,810
Disclosures and Reports
- Legal Description: THE HILLS OF KINGSWOOD PH 6A BLK B LOT 5
- Disclosures/Rstr.: Deed Restriction
- Property ID: R1021748
- Block: B
- Lot Number: 5
Listed by Fifty Star Realty, LLC, Ijaz Bashir and Fifty Star Realty, LLC, Kaiser Saeed
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Schools
Schools serving 971 Lilac Ln
School District:Lewisville Independent School District
| Name | Grades | Distance |
|---|---|---|
Tom Hicks Elementary School 3651 Compass Drive, Frisco, TX 75034 | K-5 | 2.1 mi |
Hebron High School 4207 Plano Parkway, Carrollton, TX 75010 | 10-12 | 5.2 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 971 Lilac Ln
Date
Details
Price
Change
Source
6/05/2026
Price Increased
$3,300,000
6.45%
MLS
6/01/2026
Listed
$3,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 971 Lilac Ln
971 Lilac Lane, Frisco, TX 75034 (MLS# 21284650) is a Lots/Land property with a lot size of 1.098 acres. 971 Lilac Lane is currently listed for $3,300,000 and was received on June 01, 2026. Want to learn more about 971 Lilac Lane? Do you have questions about finding other Lots/Land real estate for sale in Frisco? You can browse all Frisco real estate or contact a Coldwell Banker agent to request more information.

