PROPERTY TAX RATE

SALES TAX RATE

BASIC DEMOGRAPHIC INFORMATION

*U.S. Census Bureau

Lewisville's population is ideally suited for the growth and development of your business, with an average age of 31, a vibrant workforce, and is perfect for new businesses in a rapidly growing region. DFW is one of the fastest-growing regions in the nation, with new residents and new businesses relocating to Lewisville and DFW every day. Our low tax rate provides a strong incentive for businesses to locate in Lewisville. 

“How can we make this work?” This is the phrase that characterizes the Lewisville approach to helping investors and developers achieve their goals in our community.

“The City of Lewisville has been good to work with on this project [Vinson Process Controls Headquarters]. They have been responsive to our requests and seem genuinely interested in solving problems quickly so that the building process can move along. I wish that all of the other cities in the Metroplex would act the same way.” -Panattoni Construction Inc.

For Your Convenience:

• One-Stop-Shop Review and Permitting
• Regulations are Flexible to Developers
• Staff Approval on Most Projects
• Fast-Track Review Available
• Weekly meetings to ensure quick permit turnaround
• Development Review Team available to meet with developers weekly

Strong Infrastructure and Public Amenities:

• Largely complete public infrastructure system
• Stable, comparatively low, tax rate

Lewisville’s Incentive Policy and our network of Partner Organizations give us an excellent advantage in aiding the development process in our community. 

The City of Lewisville’s Economic Development Department is dedicated to bringing new business and investment to Lewisville. This would not be possible without the efforts of our many partnered organizations. Together, we are committed to making Lewisville a vibrant competitor in the global economy.

• The Lewisville Area Chamber of Commerce is dedicated to the economic growth in Lewisville and serves as a leading advocate for the development of its member businesses.
   
• Lewisville is proud to boast an excellent school system. Lewisville Independent School District is a key partner, providing the best in the future generation of workforce to Lewisville employers. Another close partner in attracting investment to Lewisville is Denton County.
   
• The Lewisville Convention and Visitors Bureau aims to keep Lewisville atop the list of destinations for meetings and tourism. Lewisville’s excellent mix of accommodations, meeting facilities, historic district, water features, environmental assets, shopping and dining make it a prime destination for visitors.
   
• Transportation is vital to a thriving economy. Lewisville is a participating City with Denton County Transportation Authority (DCTA) an organization whose rail system, connective to the Dallas Area Rapid Transit system, will ensure the best transit in Lewisville.
   
• Lewisville’s environmental assets make it unique in North Texas. Home to outstanding water amenities, including Lewisville Lake and the Elm Fork of the Trinity River, and a 2000+ acre nature preserve, Lewisville is a beautiful home for your business. Lewisville Lake Environmental Learning Area and Keep Lewisville Beautiful are organizations that ensure Lewisville’s continuing natural beauty.
   
• Lewisville’s Old Town Main and Mill Association is dedicated to maintaining the economic vitality of the historic Old Town district in Lewisville.
   
• Lewisville partners with a number of organizations aimed at maintaining the prosperity of the North Texas region. The Dallas Regional Chamber, DFW Marketing Team, State of Texas Office of Economic Development and the North Central Texas Council of Governments are useful resources for potential investors.
   
• Helping ensure that Lewisville can meet the needs of our existing and prospective employers is the North Central Texas Workforce Commission.
   
• Ensuring that Lewisville is a great place for entrepreneurs, the North Central Texas College Small Business Development Center helps entrepreneurs and small business owners succeed in Lewisville.
   

From downtown living and transit, to parks and recreation, to new urbanism and corporate campus environments, Lewisville is a community offering a diversity of options that are cost effective for businesses and residents alike.

BUILDING BLOCKS

Making this dynamic environment possible are core elements of a strong economy such as strong infrastructure and excellent education systems. We encourage you to visit Lewisville Independent School Districts website at www.lisd.net, to find out more about one of the most distinguished public school districts in Texas.

ENVIRONMENT

Lewisville is home to one of the most remarkable environmental assets in the greater Dallas/Fort Worth region. Lewisville Lake Environmental Learning Area (LLELA) is a 2,000-acre pristine nature reserve that provides an environment to hike, explore and discover nature as well as kayak the Elm Fork of the Trinity River. LLELA provides a unique opportunity for a green lifestyle and active for families and anyone interested in exploring nature.

CULTURE

A community rich in its support for the arts, Lewisville is home to creative groups from theater and dance to orchestra and the visual arts. Lewisville’s broad array of festivals such as Western Days, Best Little Brewfest, Sounds of Lewisville Concert Series and the Old Town Holiday Stroll provide regular opportunities to connect with these groups and other aspects of local culture throughout the year.

Our 269-acre Lone Star Toyota of Lewisville Railroad Park draws people from all over the area to its dog park, skate park, and top-notch football, soccer, and baseball/softball complexes. 

SHOPPING

With over 6.7 million square feet of retail and restaurant real estate, Lewisville has more shopping and dining space per capita than any other city its size or larger in the Dallas/Fort Worth region. From Vista Ridge Mall and the surrounding Vista Ridge shopping district to historic Old Town, shoppers in Lewisville will find goods to fit every need.

Three major transportation corridors serve Lewisville: President George Bush Turnpike, State Highway 121 and Interstate 35E. The l-35E transportation corridor is one of the fastest growing in North America with a distinct 8-miles running through the City of Lewisville. Lewisville easily accommodates the movement of goods and services due to its location. If logistics are integral to your business, we are the perfect location. Lewisville has several major highways located in the city and is 5 miles from the DFW International Airport. As a part of the Denton County Transportation Authority, Lewisville has a commuter bus system and three commuter rail stations connecting Lewisville to downtown Dallas and Denton.

I-35 EXPANSION PROJECTS

One of the major traffic corridors in Lewisville, Interstate 35E, has been targeted for expansion by the Texas Department of Transportation (TxDOT). Because Interstate 35E is a commercial corridor, we aim to serve our community members with quality communication channels and support during the progression of the project. 

TxDOT serves as the primary source of information on the expansion - more information on the project can be found on the 35-Express Project and TxDOT websites.

DCTA RAIL STATIONS

Denton County Transportation Authority in Lewisville:

• 3 Regional Rail Stops Connecting Lewisville to Denton and Downtown Dallas. 
• Employment within a 4-mile buffer zone along I-35E is expected to increase 67% by 2030
• Funded by ½ cent sales tax in Lewisville, Highland Village and Denton