Frisco Lakes, Frisco, TX

About Frisco Lakes

Frisco Lakes is in Frisco, in the Dallas & Northern Suburbs region of Texas. Status: Open. Marketed as a 55+ active-adult community; the age and occupancy rules are set in its governing documents.

Frisco Lakes describes itself as a thriving 55+ active adult community along the eastern shores of Lake Lewisville in Denton County, within the City of Frisco. The association's home page reports more than 3,000 single-story, plantation-style homes, listing 3,019 homes on about 900 acres and 5,000 active residents. Its address is 7277 Frisco Lakes Drive, Frisco, Texas 75036. The association's location page says the community sits just north of Dallas with quick access to the Dallas North Tollway and Highway 121, and that it is close to shopping, grocery stores and services.

The community is governed by The Village at Frisco Lakes Community Association. Its governance page says a seven-member Board of Directors elected by homeowners sets policy and approves the budget, with elections each November and staggered two-year terms, and that Castle Group, Inc. professionally manages day-to-day operations, while landscaping, fitness and janitorial work are provided by contracted vendors. The page lists the governing documents as the Declaration of Covenants, Conditions, and Restrictions, bylaws, design guidelines, and policies and procedures, and describes the CC&Rs as the primary document that establishes the community association and sets age and rental restrictions. It also refers to an enforcement and fine policy. The association's site lists a resale certificate page and a document library for residents.

Because the association describes a developed neighborhood of roughly 3,000 homes, prospective buyers should expect to deal with resales rather than a builder's sales center, and should ask a listing agent or the association for the resale certificate and the current governing documents, which carry the binding age rules, rental limits, fee schedules and architectural standards. No builder is named in the association's materials, so none is named here. Lake and shoreline lots deserve a flood-map check: FEMA states that floods do not follow city limits or property lines and that its Flood Map Service Center is the official source for a community's flood map.

For readers deciding between a lake-oriented resale community and a newer builder community, Del Webb at Trinity Falls in McKinney is a useful comparison, as is the broader market described in Dallas north suburbs. Neither comparison replaces reading the community's own documents.

Age restrictions at Frisco Lakes

Frisco Lakes describes itself as a 55+ active adult community, and its governance page says the recorded CC&Rs set the community's age and rental restrictions. The association markets the community on that basis. Buyers should obtain the current CC&Rs and the resale certificate from the association before relying on any age or occupancy rule.

Housing types at Frisco Lakes

• Single-story, plantation-style single-family homes

Pricing at Frisco Lakes

Home prices in a resale community are set by the market and change month to month, so the best evidence for a specific home is recent closed sales of comparable properties in the same neighborhood. For context, the Census Bureau's 2019-2023 American Community Survey estimates the median value of owner-occupied homes across all of Frisco at $595,400, with a median of $3,246 in monthly owner costs for homes with a mortgage. Those are citywide medians that include new and larger family homes; they are not Frisco Lakes figures.

HOA and fees at Frisco Lakes

The association is a homeowners' association with a resident-elected board and a professional management company. Dues, any transfer or capital fees and the enforcement and fine policy are set out in the governing documents and the resale certificate. Because dollar amounts come from those documents and change over time, they are omitted here. Ask for the current assessment, how often it is reviewed, and what it covers before making an offer, and compare it with the amenities you expect to use. Request the association's budget and reserve information directly.

Frisco Lakes is in Denton County, so its property is valued by Denton Central Appraisal District. The City of Frisco's tax-administration page says Frisco residents in Denton County receive two tax statements: one from the Denton County tax collector that includes Lewisville ISD and Little Elm ISD, and one from Collin County that bills City of Frisco and Frisco ISD taxes. The city's tax-rate page lists, for tax year 2026, the City of Frisco at 0.425517 per $100, Denton County at 0.183394, Frisco ISD at 1.019400, Lewisville ISD at 1.077800 and Little Elm ISD at 1.225200. Which school district serves a specific Frisco Lakes address, and whether any municipal utility district or public improvement district assessment applies, should be confirmed on the tax statement and in the seller's disclosures. Over-65 exemptions and any freeze are described on the Frisco page and in the guide to homestead and age-65 exemptions.

Amenities at Frisco Lakes

• Three amenity centers totaling more than 40,000 square feet, each with a fitness center, seating area and meeting rooms
• Village Center: Olympic-sized indoor lap pool, beach-entry resort-style outdoor pool, walking track, tennis and bocce courts
• Westside Village Center: outdoor lap pool, bocce and pickleball courts
• Northside Village Center: fitness center, resort-style outdoor pool, bocce and pickleball courts, and an outdoor sport court for basketball and volleyball
• More than 100 resident-led clubs and groups, plus concerts, bingo and holiday events
• Location on the east shore of Lake Lewisville, with Frisco Commons Park and Arbor Hills Nature Preserve listed nearby

Healthcare near Frisco Lakes

The association describes the community as minutes from top-rated healthcare facilities, which is a marketing description rather than a measured distance. Three hospital campuses operate in Frisco: Texas Health Frisco at 12400 Dallas Parkway, which offers 24-hour emergency services; Medical City Frisco Hospital at 5500 Frisco Square Boulevard, a 98-bed hospital with a Level III Trauma Center; and Baylor Scott & White Medical Center - Centennial at 12505 Lebanon Road, a 118-bed hospital open 24 hours. Drive times from a particular Frisco Lakes address vary with traffic, so check them yourself. Medicare plan networks change every year; confirm that a preferred hospital and physician group are in-network.

Airport access from Frisco Lakes

The association's location page describes a short drive to DFW International Airport and Dallas Love Field. DFW Airport's own website publishes flight, parking, ground transportation, public transit and passenger-assistance information, and neither airport publishes a drive time from Frisco Lakes. Test the route at the hours you would travel, because tollway and highway traffic changes the trip.

Why Frisco Lakes is included

A 55+ active adult community of about 3,000 single-story homes on the east shore of Lake Lewisville inside Frisco, with three amenity centers, indoor and outdoor pools, racquet and bocce courts, a professionally managed owners' association and a large club roster, in a city with three hospital campuses.

Alternatives to Frisco Lakes

• Del Webb at Trinity FallsA Del Webb new-construction community marketed as 55+ and active adult, set inside the master-planned Trinity Falls in McKinney, with its own amenity center and access to the larger community's trails and pools.

Guides relevant to Frisco Lakes

• 55-plus communities versus all-age master plans in Texas
• Golf and Texas retirement markets: what is included, what costs extra and who can play
• Texas lake retirement markets: water levels, flood and drought exposure, and private versus public lakes