LITTLE ELM TEXAS

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Housing Market in Little Elm Texas

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Little Elm Texas Median Sales Price

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Is Little Elm Texas a Good Place to Live?

Where is Little Elm Texas?

 

Living in Little Elm, Texas: Overview

Are you contemplating moving to the Dallas metro area and searching for a community that seamlessly blends small-town charm with contemporary conveniences? Look no further than Little Elm, Texas! As your dedicated real estate agent deeply rooted in this thriving community, let me provide you with an in-depth exploration of what makes Little Elm an exceptional place to call home.

Little Elm, Texas, is a picturesque town offering residents a unique blend of suburban living and natural beauty. Located on the shores of Lewisville Lake, Little Elm boasts stunning lakefront views that make it a haven for outdoor enthusiasts.

Residents of Little Elm can enjoy a range of water activities, such as fishing, boating, and swimming, thanks to the town's location on the lake. The town's abundant parks and recreational facilities make it a popular destination for families with children. Little Elm prides itself on being a family-friendly community, and it's easy to see why. The town offers many family-oriented events throughout the year, which foster a close-knit community feel.

Despite its rapid growth in recent years, Little Elm has retained its small-town charm. The town's population has grown significantly but still feels like a tight-knit community. The town's residents are friendly, and the community welcomes newcomers. This makes it an ideal place for anyone looking to escape the hustle and bustle of city life without sacrificing the convenience of modern amenities.

Overall, Little Elm, Texas, is a unique and special place that offers its residents a high quality of life. With its beautiful lakefront views, family-friendly atmosphere, and close-knit community, it's easy to see why so many people are proud to call this town their home.

Top Reasons Why Little Elm, Texas is an Ideal Place to Live:

1. Excellent Education:

Little Elm boasts a highly regarded education system committed to providing students with a comprehensive education. The Little Elm Independent School District offers a range of extracurricular activities, including sports, music, and theater, to help students develop their talents and interests. Additionally, the district provides advanced placement programs, specialized classes, and a supportive learning environment to ensure that every student has the opportunity to reach their full potential.

2. Lakeside Recreation:

Little Elm is situated along the banks of Lewisville Lake, which is one of the largest lakes in North Texas. With its clear blue waters, sandy beach, and picturesque shoreline, the lake offers various recreational activities, including swimming, boating, fishing, and kayaking. The town also maintains several parks and hiking trails that offer scenic views, picnic areas, and playgrounds for families to enjoy.

3. Community Events:

Little Elm is known for its vibrant community events, which are held annually. Residents can look forward to attending farmers' markets, food festivals, live music concerts, and other family-friendly events. These events allow residents to meet their neighbors, build relationships, and create lasting memories.

4. Proximity to Dallas:

Little Elm is conveniently located near Dallas, one of the fastest-growing cities in the United States. Residents can enjoy the city's booming job market, world-class museums and cultural attractions, and diverse dining and entertainment options. What's more, Little Elm's location allows residents to enjoy all the benefits of urban living while still maintaining a peaceful, small-town atmosphere.

Reasons You May Not Like Living in Little Elm Texas:

1. Growing Pains:

As with any rapidly developing area, Little Elm has experienced increased traffic congestion. Some residents may find the ongoing construction and development alter the town's original quaint ambiance.

2. Limited Employment in the city of Little Elm:

Although Little Elm is rapidly growing, employment opportunities may be limited. Many residents commute to nearby cities for work, which can be time-consuming and costly.

3. Limited Entertainment Options:

Little Elm is a small town with limited entertainment options. Residents may need to travel to nearby cities for more variety in dining, shopping, and recreational activities.

Cost of Living in Little Elm, Texas:

The cost of living in Little Elm, Texas, is slightly higher than the average for the United States and notably higher than the average for Texas. The BestPlaces Cost of Living index for Little Elm is 107.6, which means the total cost of housing, food, child care, transportation, health care, taxes, and other necessities is 7.6 percent higher than the U.S. average and 14.2 percent higher than the average for Texas.

A typical home in Little Elm costs $405,100, which is 19.8 percent more expensive than the national average of $338,100 and 36.1 percent more expensive than the average Texas home, at $297,600. Renting a two-bedroom unit in Little Elm costs $2,200 per month, 53.8 percent more than the national average of $1,430 and 41.8 percent more than the state average of $1,280.

To live comfortably in Little Elm, Texas, a minimum annual income of $77,760 for a family and $74,800 for a single person is recommended.

In comparison, the Dallas-Fort Worth-Arlington Metro Area has a BestPlaces Cost of Living index of 103.8, which means the total cost of living is 3.8 percent higher than the U.S. average and 10.2 percent higher than the average for Texas. A typical home in the Dallas-Fort Worth-Arlington Metro Area costs $350,100, 3.5 percent more expensive than the national average of $338,100, and 17.6 percent more expensive than the average Texas home, at $297,600. Renting a two-bedroom unit in the Dallas-Fort Worth-Arlington Metro Area costs $1,530 per month, 7.0 percent more than the national average of $1,430 and 16.3 percent cheaper than the state average of $1,280.

To live comfortably in the Dallas-Fort Worth-Arlington Metro Area, Texas, a minimum annual income of $66,960 for a family and $51,600 for a single person is recommended.

In conclusion, while Little Elm and the Dallas-Fort Worth-Arlington Metro Area have higher living costs than the national and state averages, Little Elm is notably more expensive, particularly regarding housing and rent.

Little Elm, Texas: A Rapidly Growing City with a Lake Attitude

Little Elm, Texas, is a city that beautifully blends the charm of a small town with the amenities of big cities. It is in Denton County and part of the rapidly growing Dallas-Fort Worth metropolitan area1. With its motto, “Town With A Lake Attitude,” Little Elm is known for being the city in the DFW Metro with the most miles of shoreline.

Population Growth

Little Elm has seen significant growth over the years. In 2000, the census population was at 3,646. By the 2010 census, the city total had jumped to 25,898, making Little Elm one of Texas's fastest-growing municipalities by percentage since 2000. As of July 1, 2021, the census estimates Little Elm’s population to be 51,042. According to the U.S. Census Bureau’s latest findings, Little Elm was the fifth fastest-growing “large” U.S. city last year - large defined as a population of 50,000 or more. Little Elm had an 8 percent population increase from July 2021 to July 2022, bringing the city’s total population to more than 55,300 residents. The population of Little Elm is projected to reach 60,000 in 2023.

Safety Record

Little Elm, a city in Texas, was named the safest city in the state by the Federal Bureau of Investigation in 2013. It was also ranked as the 18th safest city in the United States for cities with a population of 25,000 or higher. Little Elm has a safety percentile of 86, indicating that it is safer than 86% of other cities and more dangerous than 14%. The crime rate in Little Elm is 16.98 per 1,000 residents during a standard year.

Lifestyle and Amenities

Living in Little Elm offers residents a rural feel and most own homes. It is considered one of the best places to live in Texas. Little Elm, Texas, has all the comforts and coziness of a small town. At the same time, it offers the amenities of big cities like Dallas and Fort Worth, both within a short distance. Thanks to the rapid development of this town, Little Elm has become a prime destination for families and young professionals.

The Lakefront at Little Elm

Little Elm's Lakefront district is the center of the town's activities, featuring unique restaurants, recreational amenities, and fantastic special events for residents and visitors. The district is about to develop significantly with an upcoming mixed-use residential and retail area offering urban-style living, shopping, restaurants, and professional office space. Additionally, plans for a hotel and entertainment center are underway. From the sandy beach to the numerous restaurants, events, and activities, The Lakefront at Little Elm ™ is an ideal escape for all ages to have fun and relax away from the city.

Conclusion

Little Elm, Texas, is a city that offers a perfect blend of small-town charm and big-city amenities. Due to its rapid growth, exceptional safety record, and lakefront lifestyle, Little Elm is becoming a highly sought-after destination for families and young professionals. Whether you are considering relocating or visiting, Little Elm has something unique to offer everyone.