The story of this market
The typical home in ZIP 75056 sells for about $399,782, or $210 per square foot.
Prices are down 5.9% from a year ago, which gives buyers more room to negotiate. Homes take about 31 days to sell. HUD's fair market rent for a two-bedroom is $1,572 a month.
This ZIP has no home sales of its own, so its market figures come from Lewisville, Texas (city-level). Population, rents, hazards, lending and amenities are this ZIP's own readings.
ZIP 75056 — Lewisville
The 75056 residential market is currently characterized as a buyer's market with high inventory relative to demand. This has exerted downward pressure on pricing, with median sales prices showing a significant year-over-year decline. Buyers currently possess increased negotiating leverage, evidenced by homes frequently selling below asking price.
Fits families and commuters attracted by master-planned community amenities, school districts, and proximity to major DFW employment centers.
Median prices moved down 5.9% year over year.
Homes spend a median of 31 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 96% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.5% · poverty 4.3% — a stable, low-distress profile.
ZCTA 75056, Denton County TX
The area is rated C- for property crime with a rate of 16.83 per 1,000 residents. It is generally considered as safe as the national average and safer than the Texas state average.
Public schools serving the area include those within the Lewisville Independent School District and Frisco Independent School District, which are generally regarded as providing quality education.
No specific, localized hazard posture is published at the ZIP level; residents are advised to consult local municipal flood maps.
The ZIP is defined by significant master-planned development, particularly around the Grandscape entertainment complex and Lewisville Lake. Infrastructure momentum is sustained by ongoing retail and residential expansion.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Texas) — Senior (65+) and Disabled Homestead Exemption and School Tax Ceiling: Grants an additional mandatory $10,000 exemption from ISD appraised value (Taxable Value_ISD = Appraised Value - $100,000 - $10,000) and establishes an absolute statutory tax freeze (school tax ceiling): total ISD property taxes cannot exceed the dollar ceiling established in the… State (Texas) — General Residence Homestead Exemption and 10% Valuation Growth Cap: Imposes mandatory state-level valuation deductions and growth limitations on the qualifying homestead: (1) Mandates a $100,000 deduction from appraised value for independent school district (ISD) maintenance and operations/debt taxation: Taxable Value_ISD = Appraised Value - $100… State (Texas) — Ad Valorem Real Property Taxation and Assessment Ratio: Mandates ad valorem appraisal of all real property at 100% of fair market value as of January 1 each tax year (Assessment Ratio = 1.00).
The area features access to major transit corridors like SH-121 connecting to the Dallas-Fort Worth employment core; drive times vary by peak traffic.
High-amenity area featuring Lewisville Lake, Stewart Creek Park, and the Grandscape entertainment and shopping district.
Steady rental market with diverse options ranging from apartment complexes to single-family home rentals.
Strong industry mix focused on retail, entertainment, and corporate office presence, bolstered by the Grandscape development and proximity to North Dallas commercial hubs.
The area is served by major highway corridors including SH-121, facilitating regional connectivity to the DFW metroplex.
Significant focus on mixed-use and high-density residential developments integrated into master-planned communities.
The area includes various MUDs and PIDs common to North Texas master-planned communities.
Property insurance in North Texas is highly sensitive to wind and hail risk; residents are encouraged to obtain localized quotes.
Data retrieved from data.census.gov ZCTA 75056 profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Great Wolf Lodge | Grapevine4.112.8 mi
- Meow Wolf Grapevine's The Real Unreal4.410.8 mi
- Andretti Indoor Karting & Games The Colony42.9 mi
- LEGOLAND® Discovery Center Dallas/Fort Worth3.910.9 mi
- Cidercade Dallas4.719.2 mi
- Meow Wolf Grapevine's The Real Unreal4.410.8 mi
- Toyota Music Factory4.514.3 mi
- Grandscape4.72.8 mi
- Topgolf Dallas4.417.3 mi
- Legacy Hall4.64.9 mi
- Great Wolf Lodge | Grapevine4.112.8 mi
- Cinemark Dallas XD and IMAX4.411.8 mi
- Cinemark West Plano XD and SCREENX4.65.2 mi
- Meow Wolf Grapevine's The Real Unreal4.410.8 mi
- Cinemark Legacy and XD4.512.6 mi
- Meow Wolf Grapevine's The Real Unreal4.410.8 mi
- George W. Bush Presidential Center4.618.1 mi
- National Videogame Museum4.86.2 mi
- Southfork Ranch4.517.6 mi
- Frontiers of Flight Museum4.716.9 mi
- Arbor Hills Nature Preserve4.84.2 mi
- Russell Creek Park4.68.8 mi
- Vitruvian Park4.710.5 mi
- Carpenter Park Recreation Center4.48.1 mi
- Kaleidoscope Park4.65.1 mi
- Hidden Cove Park4.33.9 mi
- Safe Harbor Pier 1214.30.5 mi
- Eagle Point Marina4.36.4 mi
- Cottonwood Creek Marina4.84.7 mi
- MarineMax Dallas4.66.1 mi
- Topgolf The Colony4.41.6 mi
- Puttery4.52.9 mi
- Brookhaven Country Club4.410.3 mi
- Golf Ranch Richardson4.711 mi
- Indian Creek Golf Club4.15.7 mi
- Galleria Dallas4.511.5 mi
- Grapevine Mills4.510.9 mi
- Stonebriar Centre4.55.9 mi
- Legacy West4.74.9 mi
- Grandscape4.72.8 mi
- Dallas Fort Worth International Airport4.114.9 mi
- Dallas Love Field4.416.6 mi
- Arlington Memorial Hospital Heliport4.425.7 mi
- Capital One Lounge at DFW414.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Major recreational lake serving the region.
Public park with lake access.
Large-scale entertainment and shopping destination.
Key-figure check: median price diverges 24.0% from the nearest retained anchor (published ten-year series (2025)) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Validation: the flagged $375,100 could not be independently corroborated and was removed pending review (no prior-cycle value to revert to); the case is under review in the Command Center.