5036 Westway Drive
Little Elm, TX 75068
- 3 beds
- 3 baths
- 1,920 sqft
- ~1/2 acre lot
- $187 per sqft
- 1975 build
- – on site
Looking for the perfect short-term rental investment near Lake Lewisville? This beautifully maintained and recently renovated 3-bedroom, 3-bath home sits on a generous 0.39-acre lot just minutes from the water, beaches, and all the lake activities that keep guests coming back year after year. With no HOA the possibilities are endless! Inside, you'll find a stylish and functional layout featuring updated finishes throughout, including granite countertops in the kitchen, modern fixtures, and a spacious, spa-like master en-suite that adds a touch of luxury guests will love. The home’s three full bathrooms make it ideal for accommodating multiple couples or families, while the covered back patio provides the perfect space to relax and unwind after a day on the lake. The oversized lot offers room to expand or create the ultimate outdoor retreat with a fire pit, games, or even a hot tub to boost your nightly rental appeal. Located near public beach access, boat ramps, local restaurants, and nature trails, this property is situated in one of the most sought-after lake communities in North Texas. Whether you're looking to expand your investment portfolio or own a personal getaway that pays for itself, this turnkey Lake Lewisville property delivers both lifestyle and income potential. Don’t miss out on this rare opportunity!
Last checked:
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Last updated May 2, 2025
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MLS# 20910095 —
The Building
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Year Built:1975
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Structural Style:Single Detached
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Accessibility Features:No
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Basement:No
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Levels:One
Interior
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Interior Features:Decorative Lighting, Eat-in Kitchen, Granite Counters, Open Floorplan, Walk-In Closet(s)
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Fireplaces Total:1
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Fireplace Features:Brick, Wood Burning
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# of Dining Areas:1
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# of Living Areas:1
Room Dimensions
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Living Area:1920.00
Location
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Directions:Use GPS
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Latitude:33.16854500
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Longitude:-96.96446600
The Property
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Property Type:Residential
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Property Subtype:Single Family Residence
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Property Attached:No
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Parcel Number:R46501
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Lot Size:Less Than .5 Acre (not Zero)
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Lot Size SqFt:16988.4000
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Lot Size Acres:0.3900
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Lot Size Area:0.3900
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Lot Size Units:Acres
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Lot Size Source:Public Records
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Will Subdivide:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Lot:6
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Tax Block:M
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Tax Legal Description:HILLTOWN 1 BLK M LOT 6
Beds
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Bedrooms Total:3
Baths
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Total Baths:3.00
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Total Baths:3
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Full Baths:3
The Listing
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/ntreis/20910095
Utilities
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Utilities:Aerobic Septic, Co-op Water, Individual Water Meter, Outside City Limits, No City Services
Appliances
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Appliances:Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Double Oven, Vented Exhaust Fan
Schools
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School District:Little Elm ISD
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Elementary School:Lakeview
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Elementary School Name:Lakeview
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Middle School Name:Lakeside
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High School Name:Little Elm
The Community
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Subdivision Name:Hilltown 1
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Pool:No
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Association Type:None
Parking
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Garage:No
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Carport Spaces:2
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Covered Spaces:2
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Parking Features:Additional Parking, Attached Carport, Carport, Converted Garage, Driveway, Oversized
Monthly cost estimate

Asking price
$360,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,927
|
Taxes | N/A |
Insurance | $99 |
Utilities | $169 See report |
Total | $2,195/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.