If you've driven past the sales office at 2901 Lakeside Village Blvd. lately, you've probably noticed the buzz. Homebound, a California-based builder, closed on a $731 million North Texas land deal in 2026 that includes lots inside Lakeside Village, and the sales office for The Villas at Lakeside was open and taking appointments by July 2026. It's the first new community in Flower Mound with true direct access to Lake Grapevine, and for move-up families who've been circling this town for years, that's a real draw. If you want the wider picture of the district around it, our guide to everyday life at Lakeside in Flower Mound covers the restaurants, the boardwalk and the commute.
It's also a $1.8 million to $2 million decision, and I want to walk you through what I'd tell any client asking me about it right now.
The three floor plans, and what they actually cost per square foot
Here's what the builder listed when this post was written in July 2026 (base pricing moves with each release, so treat these as the frame, not the quote):
- The Daphne... starting at $1,799,000, 4 bedrooms, 3.5 baths, 2,893 to 2,961 square feet (about $607 to $622 per square foot)
- The Iris... starting at $1,964,000, 4 bedrooms, 4.5 baths, 3,417 to 3,642 square feet (about $539 to $575 per square foot)
- The Sienna... starting at $2,049,000, 4 bedrooms, 4.5 baths, 3,709 to 3,734 square feet (about $549 to $552 per square foot)
Those numbers matter because they're your baseline for comparison. If you're already in a Flower Mound home and thinking about your next move, you likely know your current neighborhood's price-per-square-foot better than you think. Established communities like Bridlewood, Wellington, and Canyon Falls typically stretch your dollar further on raw square footage, lot size, and mature landscaping than brand-new construction does. That's not a knock on Lakeside. It's just the trade you're making, and it's the same trade I walk through with every client considering new construction versus resale in Flower Mound (see new construction vs. resale homes in Flower Mound).
What you're paying for at Lakeside isn't just square footage. It's the lake, the Mediterranean-style finishes, the walkability to Lakeside Village's restaurants and shops as they come online, and the fact that nobody has lived in the house before you.
The part almost nobody asks about until it's too late: the HOA
This is where I slow clients down.
Lakeside DFW runs on a two-layer HOA structure. There's a master HOA that covers the shared Lake Grapevine amenities, common areas, pools, and tennis facilities across the whole development. Then there are section-specific HOAs layered on top, tied to your particular part of the community and product type.
For context, luxury condo towers elsewhere in the Lakeside development have carried dues anywhere from around $750 a month up to $2,000, and in some cases $3,700 or more, depending on the unit and the services included. The Villas at Lakeside is a different product (single-family villas, not a condo tower), and as of this post's last update I have not found published dues specific to this section. That's not a red flag. It's just a gap you need to close before you write an option-period check.
Here's what I tell clients to do before they get emotionally attached to a floor plan:
- Request the complete HOA financial disclosure for both layers, master and section, during your option period, not after.
- Ask what the master HOA dues fund specifically, and whether lake access, pool maintenance, or trail upkeep carry separate fees.
- Compare the total monthly carrying cost (mortgage plus both HOA layers plus property taxes) against a resale alternative at a similar price point.
- Ask about the community's reserve fund. A well-funded reserve reduces your risk of a special assessment down the road.
A $2,000 monthly HOA payment on top of a $2 million mortgage is a meaningfully different financial picture than a $200 one. Both numbers are plausible here depending on which section and product you're looking at, and that's exactly why this isn't a decision to make off a builder's glossy brochure alone.
The bigger picture: Lakeside Village is still being built
The Villas at Lakeside sits inside a much larger project. In March 2026, the Flower Mound Town Council approved the first phase of Lakeside Village, a planned 1,000-home community, with 300 single-family homes moving forward in this initial phase. The broader vision includes restaurants, shops, a boardwalk, and additional residential product as it's built out over the coming years, including the Lakeside East townhomes on the east side and the Silveron Park plan next door.
That's worth knowing for two reasons. First, if you buy now, you're buying into a neighborhood that's still under construction around you, which means road noise, active job sites, and shifting amenities for a while. Second, if the walkable retail and restaurant piece matters to you, that part of the vision isn't finished yet either. It's coming, but "coming" and "here" are different things when you're the one living next to it.
None of this means don't buy at Lakeside. It means go in with your eyes open about what's built today versus what's promised for tomorrow.
Who this actually makes sense for
In my experience, Lakeside tends to make the most sense for move-up families who:
- Genuinely want lake access and are willing to pay a premium for it that resale can't offer anywhere else in Flower Mound
- Would rather move once into a new-construction home with no near-term maintenance list than take on a resale project
- Have already run their numbers and know a $2,000 to $2,500 monthly payment increase (mortgage plus HOA) fits comfortably in their budget without stretching
- Aren't in a hurry to close, since new construction timelines run longer than resale
If any of that doesn't sound like you, that's useful information too. I've walked plenty of families through whether new construction is the smarter move for their specific situation (see is new construction a smart move for Flower Mound move-up buyers), and the answer is genuinely different for every family. Some end up at Lakeside. Others end up in Whyburn's David Weekley communities, at Furst Ranch (our Whyburn vs. Furst Ranch vs. Lakeside comparison lines the three up), or in an established neighborhood that already has the mature trees and finished landscaping Lakeside won't have for another decade.
Your specific number, both the true monthly carrying cost and what your current home would net you toward the down payment, depends on details a builder's sales office isn't going to run for you. That's where a synchronized sell-and-buy analysis comes in; our step-by-step guide to selling and buying in Flower Mound at the same time walks through how the two closings line up.
Homes for Sale in The Villas at Lakeside
The Villas at Lakeside is builder inventory first: the Daphne, Iris and Sienna plans are released lot by lot by the sales office at 2901 Lakeside Village Blvd., and a resale market only forms once the first owners close and one of them moves. So the homes for sale here are quick move-ins and to-be-built lots, and the list changes with every release.
You can browse every Flower Mound home for sale here, updated from the MLS; Villas at Lakeside homes appear there as the builder lists them. If you want only the Villas, tell us which plan and price you are watching and we will send you each release the day it posts, alongside the Lakeside East townhomes and the resales in Bridlewood, Wellington and Canyon Falls that compete with it at the same monthly number. For the wider list, start with the best neighborhoods to buy a home in Flower Mound or the full Flower Mound neighborhood index, A to Z.
Frequently Asked Questions
Does The Villas at Lakeside have direct Lake Grapevine access?
Yes. It's currently the only new-construction community in Flower Mound with direct access to Lake Grapevine, which is a meaningful part of what you're paying for at this price point.
How much are HOA dues at The Villas at Lakeside?
Lakeside DFW uses a two-layer HOA structure (a master HOA plus section-specific dues), and published dues for other product types in the development have ranged from roughly $750 to $3,700 or more per month. Dues specific to the Villas section had not been published as of this post's last update, so request the full financial disclosure during your option period.
Is it better to buy new construction at Lakeside or a resale home elsewhere in Flower Mound?
It depends on what you value most. Resale homes in established neighborhoods typically offer more square footage and lot size per dollar, while Lakeside offers lake access and a home no one has lived in before. Running your specific numbers side by side is the only way to know which one actually fits your family and your budget.
Is Lakeside Village finished?
No. The Town Council approved the first phase (1,000 homes total, 300 single-family homes in phase one) in March 2026, and the broader mixed-use vision, including restaurants and shops, is still being built out in phases.
What should I ask before making an offer at Lakeside?
Request the complete two-layer HOA financial disclosure, ask about the reserve fund, and compare your total monthly carrying cost (mortgage, taxes, and both HOA layers) against at least one resale alternative before you commit.
How does The Villas at Lakeside compare to Lakeside East?
The Villas are detached single-family homes on the lake side of Lakeside Village, priced from roughly $1.8 million at the July 2026 base pricing. Lakeside East is the townhome section on the east side of the same development, a different product at a different price point with its own HOA layer. Both share the master association and the walkable district, so the choice usually comes down to whether you want a yard and a detached home or a lock-and-leave footprint; our Lakeside East guide covers that side.
Where can I see homes for sale at The Villas at Lakeside right now?
Start with our Flower Mound homes for sale page, which carries the builder's MLS listings as they are released, then ask us for a Villas-only watch list so you hear about each quick move-in the day it posts rather than after it is under contract.
Making the call on The Villas at Lakeside
If you're weighing a move like this, whether it's Lakeside, Furst Ranch, or a resale home in one of Flower Mound's established neighborhoods, schedule a free Strategy Call ... thirty minutes, no pitch, just a clear-headed look at where you are and what your best next move actually looks like, numbers included.
This article is general information, not legal, tax, or lending advice. Verify your specific numbers with your agent, your lender, your title company, the association, and where appropriate a licensed Texas attorney. Builder pricing, HOA dues and development plans change.
About the Author
Brian White leads BlueFuse Group at eXp Realty, serving Flower Mound and the surrounding Denton County communities since 2014. With $200M+ in career sales volume and 50+ families served each year, Brian was ranked among the Top 20 eXp agents in Texas (2024), and BlueFuse Group was voted Top Real Estate Team in Denton County (2023). Brian and his wife Tisha believe real estate is how they serve: guided by faith, focused on relationships, and committed to helping every client buy and sell with clarity.
Schedule a Free Strategy Call ... no pitch, just a clear-headed look at your next move.
First published July 7, 2026. Last updated October 21, 2026. Floor plan pricing, the Homebound land deal and the Lakeside Village approval figures are carried from the original July 2026 post; builder pricing and HOA dues change with each release, so confirm current figures with the sales office and the association before you plan around them.
