327 N Peninsula Drive Build-ready lot with an approved subdivision plat located near Lake Lewisville in the established community of Lakewood Village. This oversized residential lot sits on a quiet street surrounded by custom homes and has minimal restrictions with no HOA. The approved subdivision plat is recorded and ready for permitting. A design rendering is included and will transfer at closing. The lot is zoned to the brand-new Lakewood Elementary School opening in Fall 2025, confirmed by LISD. Utilities including water and electric are available, while septic is required. The property has a low tax rate and there are no HOA or MUD taxes. It offers convenient access to nearby boat ramps, trails, and is close to Little Elm and Frisco amenities. The lot is also ideally situated near several newly developed residential communities, reflecting ongoing growth and investment in the Lakewood Village area. Buyers will benefit from being part of an expanding neighborhood with improved infrastructure and amenities. This is one of the last available lots in Lakewood Village priced under $200, 000 with build plans included, making it ideal for homeowners, builders, or investors. Survey and plat are available in MLS supplements. Buyer to verify zoning, building requirements, and utility connections.