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$499,999
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Property Description
Rare lakefront lot in unincorporated area of Little Elm giving you more freedom with the type of property you build. Whether it be full time living, a vacation home, or income property that you use for long term or short term rentals, this serene lakefront property is a stunner! Live almost off the grid with your own well and septic systems. Due to the requirement for personal uitilities, lot will be suitable for approximately 2500 sq feet or less. Seller's have begun the permitting process and have plans for a three story home. Use their plans, or your own. Because this property is not within the city limits, you will have one of the lowest tax bases in Denton County. Property currently has a garage and storage shed. Leave a couple kayaks and some chairs on site and spend the day envisioning what you want to build. The gentle slope and deep water make this a perfect spot for boating, paddleboarding, swimming or fishing. While the property feels like you're out in the country, you are minutes away from shopping, restaurants, and major thouroughfares. There are not many lots like this left in the Dallas Metroplex to build what you desire. Don't miss out!
Full Property Details
Full Property Details for 1116 Loneta Ln
General
- Price: $499,999
- Taxes: $821
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 20917176
- Updated: 4/29/2025
- Added to Site: 264 day(s) ago
Location
- County: Denton
- Subdivision: Peninsula
- Driving Directions: Consult GPS.
School Information
- Elem School District: Little Elm ISD
- Midd School District: Little Elm ISD
- High School District: Little Elm ISD
- Elementary School: Oak Point
- Middle School: Jerry Walker
- High School: Little Elm
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Vacant
Lot Features
- Property View: Water
- Lot Size (Acres): 0.297
- Lot Size (Sq. Ft.): 12,937.32
- Lot Size Source: Assessor
- Lot Features: Back Yard, Lawn, Few Trees, Waterfront
- Development Status: Zoned
- Zoning: Other
- Fencing (Description): None
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Lake Front, Waterfront
- Lake Front: Yes
Financial Considerations
- Tax Amount: $821
Disclosures and Reports
- Legal Description: PENINSULA BLK 1 LOT 3 & 4
- Property ID: R44922
- Block: 1
- Lot Number: 3 & 4
Listed by Homes On The Lake Realty LLC, Renee Graver
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Schools
Schools serving 1116 Loneta Ln
School District:Little Elm Independent School District
| Name | Grades | Distance |
|---|---|---|
Oak Point Elementary School 401 Shahan Prairie Road, Oak Point, TX 75068 | PK-5 | 1.4 mi |
Little Elm High School 1900 Walker Lane, Little Elm, TX 75068 | 9-12 | 2.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1116 Loneta Ln
Date
Details
Price
Change
Source
4/29/2025
Listed
$499,999
—
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 1116 Loneta Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$821
10%
$61,064
5%
2023
$748
9%
$58,075
10%
2022
$689
-5%
$52,796
25%
2021
$726
100%
$42,236
-3%
2020
100%
$43,619
—
2019
-100%
$43,619
—
2018
$814
6%
$43,619
—
2019
$769
-1%
$43,619
—
2017
$775
-1%
$43,619
—
2016
$780
-1%
$43,619
—
2015
$786
-1%
$43,619
—
2014
$790
33%
$43,619
34%
2013
$596
—
$32,660
—
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 1116 Loneta Ln
1116 Loneta Lane, Little Elm, TX 75068 (MLS# 20917176) is a Lots/Land property with a lot size of 0.297 acres. 1116 Loneta Lane is currently listed for $499,999 and was received on April 29, 2025. Want to learn more about 1116 Loneta Lane? Do you have questions about finding other Lots/Land real estate for sale in Little Elm? You can browse all Little Elm real estate or contact a Coldwell Banker agent to request more information.

