Hickory Creek offers buyers something different from many of North Texas' newest communities: a mix of established neighborhoods, newer homes, condominium residences and lake-adjacent living near Lake Lewisville. Current inventory spans homes built from the 1970s through 2025, giving buyers options across a wide range of ages, styles and price points.
Local Real Estate Broker Perspective
I'm Theresa De La Rosa, Real Estate Broker focusing on North Texas new construction with Covenant Heritage Realty, LLC. Hickory Creek is one of the communities where I currently represent active resale listings, and I regularly help buyers compare the new construction and resale sides of this market. One of the most important things I tell buyers is to look at price-point-specific market data rather than broad community averages -- because the $500K+ segment tells a very different story from the overall market.
Quick Answers
Short, direct answers to the questions buyers ask most about Hickory Creek new construction and resale, based on the verified details in this article. Market data, builders, and school assignments change, so confirm the specifics for the exact address.
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Is Hickory Creek new construction or resale?
Both. Hickory Creek has active new construction in communities like Steeplechase (Megatel Homes, mid-$400s to mid-$700s) and Water's Edge (condominiums from $400K), along with resale homes across established neighborhoods including Sycamore Cove and Waterview Estates.
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What school districts serve Hickory Creek?
School assignments vary by property address. Some Hickory Creek homes are served by Denton ISD, while others fall within Lake Dallas ISD. Verify the specific feeder pattern for any address under consideration.
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What is the median price in Hickory Creek?
As of August 2026 NTREIS data, the median active listing price in Hickory Creek is approximately $510,000, with an active price range from $350K to $15M. The median closed sale price over the prior 90 days was $515,000, based on 17 closed transactions.
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How long do homes take to sell in Hickory Creek?
The median cumulative days on market for all closed sales in Hickory Creek was 42 days as of August 2026, and 47 days for homes at $500K and above that actually sold. Current unsold $500K+ inventory shows a longer average of 107 days.
Hickory Creek Market Data, August 2026
* 107 days = current unsold $500K+ active inventory, not how long $500K+ homes take to sell. 47 days = median for 9 homes that actually sold at $500K+.
Market statistics are based on NTREIS data pulled August 21, 2026 and are subject to change.
Builder pricing, incentives, interest-rate offers, lender requirements, availability, and expiration dates can change at any time. Buyers should verify current offers.
Quick Facts
But there is another option that deserves a closer look: Hickory Creek. Tucked along the northern shoreline of Lake Lewisville, this smaller city offers something the western corridor communities cannot: lakefront and lake-adjacent new construction homes, mature trees, and a quieter, more established sense of place. For buyers who value access to water, recreation, and outdoor lifestyle as much as community amenities, Hickory Creek is one of the most compelling new construction markets in Denton County.
As the Real Estate Broker of Covenant Heritage Realty, I have helped buyers evaluate communities across both the lake corridor and the western corridor. Here is a strategic guide to Hickory Creek's new construction options, what makes each community distinctive, and how to decide whether this lakeside market is the right fit for your next chapter.
Why Hickory Creek? The Lake Lewisville Advantage
Hickory Creek occupies a unique position in Denton County's housing market. Incorporated as a city in 1966, it has a longer history than most of the newer communities to the west. That maturity means established infrastructure, mature tree canopy, and a built-in community character that takes decades to develop in master-planned communities.
What draws most buyers to Hickory Creek, however, is Lake Lewisville. At 29,000 acres with 233 miles of shoreline, Lake Lewisville is one of the largest and most popular recreational lakes in North Texas. Hickory Creek sits directly on the lake's northern shore, providing residents with easy access to boating, fishing, hiking, and lakeside parks.
For families considering relocation, the combination of new construction and lake access is rare in Denton County. Most of the lakefront properties in Flower Mound and Highland Village are established resale homes on premium lots. Hickory Creek offers one of the few opportunities to purchase a newly built home with lake proximity, often at a more accessible price point than the Flower Mound lake corridor.
Sycamore Cove: A Lakefront Community, Now Closed Out
Sycamore Cove was one of Hickory Creek's lakefront residential communities, situated along the Lake Lewisville shoreline on a distinctive lakefront peninsula. Built by Beazer Homes, the community was designed to maximize the lake corridor lifestyle, offering thoughtfully planned floor plans and homesites that capitalized on the natural setting and proximity to Lake Lewisville.
What made Sycamore Cove especially attractive was its direct access to Sycamore Bend Park, a lakefront park on Lake Lewisville that offers residents walking trails, a boat ramp for easy lake access, and outdoor recreation space. The park is one of the area's most appealing assets for buyers who value an active, lake-oriented lifestyle. For residents of Sycamore Cove, having a neighborhood park with a boat ramp and lake access just steps from home was a defining feature of the community.
Sycamore Cove is now closed out with no remaining builder inventory. All new construction homesites and spec homes built by Beazer Homes in this lakefront peninsula community have been fully sold and built out. While the community was a popular destination for buyers seeking new construction near Lake Lewisville, complete with a private boat ramp for residents and no MUD or PID taxes, those new construction opportunities are no longer available.
However, resale opportunities within Sycamore Cove may occasionally come to market as existing homeowners relocate. For buyers who were interested in this neighborhood's location and lake access, watching for resale listings in Sycamore Cove is worth keeping on your radar.
For buyers seeking brand-new construction in Hickory Creek, the active communities to focus on include Steeplechase by Megatel Homes and Water's Edge for condominium options. But for those drawn to the specific character, lake access, and established feel of the Sycamore Cove peninsula, resale remains a possibility worth exploring.
Steeplechase in Hickory Creek: Established Community with New Construction
Steeplechase is one of the primary new construction destinations in Hickory Creek. Built on the site of a former equestrian ranch, the community blends new construction homes with a mature, wooded setting that gives it a distinctive character compared to the open-field master-planned communities to the west.
Megatel Homes is the primary builder in Steeplechase, offering floor plans ranging from approximately 2,300 to over 4,100 square feet. The community features large homesites, many backing to green space or wooded areas, and the mature trees that Hickory Creek is known for throughout the neighborhood.
- Builder: Megatel Homes
- Price range: Mid-$400s to mid-$700s
- Square footage: ~2,335 to 4,132 sq ft
- Lot sizes: Generous homesites, many with mature trees
- Lake proximity: Minutes from Lake Lewisville access points
What sets Steeplechase apart is its setting. The community's wooded lots and rolling terrain are a contrast to the more uniform topography of newer master-planned communities. For buyers who want a new construction home without sacrificing an established, natural feel, Steeplechase delivers that balance.
Waterview Estates: Closeout Community with Limited Remaining Inventory
Also built by Megatel Homes, Waterview Estates is another new construction option in Hickory Creek. This community offers homes that capitalize on the lake proximity, with many floor plans designed to maximize views and indoor-outdoor living. Waterview Estates sits slightly closer to the lake than Steeplechase, providing residents with even quicker access to Lake Lewisville's recreational amenities.
Today, Waterview Estates is in its closeout phase with limited to no remaining new construction inventory. While the community was a popular option for buyers seeking lake-adjacent new construction, most homesites have been built out and sold. For buyers still interested in the area, resale opportunities within Waterview Estates may occasionally become available, and Steeplechase or other nearby communities may offer better options for those seeking brand-new construction.
Water's Edge: Condominium Residences Near Lake Lewisville
Water's Edge offers condominium residences near Lake Lewisville. As of August 21, 2026 NTREIS data, 10 active 2025-built condominium listings are currently shown at $400,000, with one additional 2025-built unit pending at $410,000. Inventory and pricing are subject to change.
This community appeals to empty-nesters, second-home buyers, and professionals who want the lake lifestyle without the upkeep of a single-family home on a large lot. Water's Edge provides a different ownership model than the single-family communities in Hickory Creek, but one that fills an important niche in the market.
Additional Builders in Hickory Creek
Beyond the communities above, several additional builders are active in Hickory Creek and the surrounding Lake Lewisville area:
- Grand Homes offering new construction from approximately $530,000 to $800,000 with two to four bedroom floor plans
- M/I Homes active in Hickory Creek with quick move-in options available
- Beazer Homes at Sycamore Cove (closed out) the community on Lake Lewisville sold out all new construction; resale homes may come available from time to time
The builder landscape in Hickory Creek is more boutique than what you will find in the large master-planned communities to the west. But the builders active here, particularly Megatel and Grand Homes, have established reputations in the North Texas market and offer quality construction suited to the lake corridor lifestyle.
Schools: Denton ISD and Lake Dallas ISD
School assignments in Hickory Creek vary by property address. Some homes fall within Denton Independent School District while others are served by Lake Dallas Independent School District. School attendance boundaries, feeder patterns and ratings can change. Buyers should verify current assignments for the specific property directly with the applicable school district before making a purchase decision. Denton ISD serves approximately 32,000 students across 50 campuses and offers a range of educational programs including career and technical education pathways, fine arts academies, and advanced placement offerings at all high schools.
Both Denton ISD and Lake Dallas ISD have been investing in facility upgrades and new construction to keep pace with growth. In Denton ISD, a replacement Borman Elementary School is under construction and expected to open in 2026, providing updated facilities for students in the southern Denton County area including parts of Hickory Creek. In Lake Dallas ISD, the district continues to invest in campus improvements and programming.
- Elementary schools: Serve Hickory Creek depending on specific address (Hawk, Borman, and other nearby campuses)
- Middle schools: Multiple options within Denton ISD and Lake Dallas ISD serving the lake corridor
- High school: Zoned based on address; depending on the specific address, high schools may be in Denton ISD or Lake Dallas ISD
For families comparing school options, the district serving your property depends on its specific location in Hickory Creek. Denton ISD and Lake Dallas ISD operate on different scales with different resources, programs, and community feel. Understanding which specific campus your address feeds into is essential, and I can help verify that against current district boundaries.
Lake Lewisville Recreation and Lifestyle
The primary draw of Hickory Creek is Lake Lewisville, and the city provides excellent access to the lake's recreational offerings. Hickory Creek Marina offers boat slips, boat rentals, and lake access for residents and visitors. The city also maintains parks and green spaces along the shoreline that provide walking trails, picnic areas, and scenic overlooks.
Lake Lewisville itself offers 233 miles of shoreline for boating, fishing, paddleboarding, and watersports. Multiple public boat ramps are located within minutes of Hickory Creek communities, and the lake is a popular destination for sailing and fishing tournaments throughout the year. The Lewisville Lake Environmental Learning Area (LLELA) offers hiking trails and educational programming for families who prefer land-based recreation.
For daily conveniences, Hickory Creek residents have access to shopping and dining along the I-35E corridor and in nearby Flower Mound and Highland Village. The Golden Triangle area of Flower Mound, approximately 10 minutes south, offers extensive retail options including grocery, dining, and services.
Hickory Creek vs. the Western Corridor: How to Decide
The decision between Hickory Creek and the western corridor (Northlake, Argyle, Justin) comes down to priorities. Here is a framework I use with my clients:
Choose Hickory Creek if:
- Lake proximity is your top priority
- You prefer established trees and mature neighborhoods
- A shorter commute to DFW Airport or southern Denton County matters
- You want lake access without the Flower Mound price premium
Choose the western corridor if:
- Amenity-rich master-planned communities are important to you
- Maximizing builder selection and floor plan variety matters
- You value premium school districts like Argyle ISD or Northwest ISD
- Newer infrastructure and long growth runway appeal to you
Both options are strong. The right choice depends on what matters most for your family's lifestyle, timeline, and long-term goals. I work across both corridors and can help you evaluate the trade-offs with real data, not generalities.
Tax Considerations in Hickory Creek
One advantage of Hickory Creek versus the newer western corridor communities is the tax structure. Many of the newer master-planned communities in Argyle and Northlake carry MUD (Municipal Utility District) or PID (Public Improvement District) taxes that can add 0.50% to 0.80% or more to the total property tax rate. Hickory Creek's communities vary in their tax structures, and some, like Sycamore Cove (now closed out) by Beazer Homes, advertised no MUD or PID taxes, which represented significant savings over the life of ownership.
That said, base tax rates in Denton County typically range from approximately 2.2% to 2.8% depending on the specific taxing entities. I recommend having your lender or title company provide a detailed tax estimate for any specific property under consideration, since the total rate varies by address and can meaningfully affect your monthly payment.
Hickory Creek Buyer Questions I'm Asked Most Often
Is Hickory Creek new construction or resale?
Both. Hickory Creek has active new construction in communities like Steeplechase (Megatel Homes, mid-$400s to mid-$700s) and Water's Edge (condominiums from $400K), along with resale homes across established neighborhoods including Sycamore Cove, Waterview Estates, and homes built from the 1970s onward. Buyer inventory covers a wide age and price range.
What school districts serve Hickory Creek?
School assignments vary by property address. Some Hickory Creek homes are served by Denton ISD, while others fall within Lake Dallas ISD. Buyers should verify the specific feeder pattern for any address under consideration before making a purchase decision.
What is the median price in Hickory Creek?
As of August 2026 NTREIS data, the median active listing price in Hickory Creek is approximately $510,000, with an active price range from $350K to $15M. The median closed sale price over the past 90 days was $515,000, based on 17 closed transactions. The $500K+ segment accounted for 9 of those closed sales with a median CDOM of 47 days.
How long do homes take to sell in Hickory Creek?
The median cumulative days on market (CDOM) for all closed sales in Hickory Creek was 42 days as of August 2026. For homes priced at $500K and above that actually sold, the median was 47 days. Current unsold $500K+ inventory shows a longer average of 107 days, which reflects asking prices that have not yet found buyers rather than the time frame for priced-to-sell homes.
What communities are within Hickory Creek?
Key communities include Steeplechase (active new construction by Megatel Homes), Water's Edge (2025-built condominiums near the lake), Sycamore Cove (Beazer Homes, now closed out for new construction but with possible resale opportunities), and Waterview Estates (closeout phase with limited remaining inventory). Denton County new construction options are also available in nearby Northlake, Argyle, and Justin communities.
Strategic Considerations for Hickory Creek Buyers
Hickory Creek has fewer new-construction options than larger master-planned communities such as Pecan Square or Harvest. Buyers considering the area should compare builder inventory with resale opportunities, because the best fit may come from either side of the market.
Hickory Creek is not the right choice for every buyer. But for those who value lake access, established character, and a quieter pace of life, it is one of the most distinctive and underappreciated new construction markets in Denton County. Whether you are relocating from out of state, downsizing, or moving up to a home that fits your next chapter, it deserves a place on your short list.
While Sycamore Cove is now closed out for new construction, resale opportunities may become available from time to time.
Ready to explore Hickory Creek and the Lake Lewisville new construction market? Schedule a consultation to discuss your goals and learn about current inventory and builder incentives.
Theresa De La Rosa
Broker, REALTOR®
Covenant Heritage Realty | In DFW Living Group
Theresa De La Rosa is the founder and Broker of Covenant Heritage Realty, LLC. She holds the Accredited Buyer's Representative (ABR) designation, is a Certified Luxury Marketing Specialist, an AI Certified Agent, and an AI Listing Advantage holder, and has been recognized as a RateMyAgent Price Expert and a Million Dollar Club producer. Her practice includes new construction across Hickory Creek, Denton County and North Texas. She helps buyers compare new construction and resale homes, builder offerings, total ownership costs and current market conditions across the DFW metroplex.
Learn more about Theresa