Little Elm has an overall rating of A and ranks as the 69th best place to live in Greater Dallas / Fort Worth. Little Elm ISD has a grade of A-. Texas Education Agency rating for Little Elm.
Little Elm is just west of Frisco and it is difficult to tell where one town ends and the other begins except for in their historic downtown districts.
Some neighborhoods of Little Elm are on the shoreline of Lake Lewisville to the west and have direct access to the lake and the lake's parks, beaches and marinas. Little Elm is one of the rare residential areas where lake-style recreation is right in town.
The lifestyle in Little Elm is youthful and family oriented. Home prices are moderate and new construction is still very much underway with new residential and commercial developments along Hwy 423, Hwy 380 and Eldorado Parkway. People in Little Elm tend to go to Frisco for major shopping, but, daily shopping is available at hand.
In some older neighborhoods of Little Elm, it is still possible to pick up a ranch-style home under $180,000, but, these homes are being snapped up for remodeling or flipping at a rapid pace.