When we moved to Grapevine we fell in love with the charm of Main Street. I guess that's kind of funny because the neighborhood in Grapevine we live in isn't even on that side of Highway 114. But there's still something about being a part of the activity in the city we love. And we do take advantage of being near the lake every weekend as part of a group that bikes the trails. The reason we looked for houses in Grapevine to begin with is the schools. We still feelit'sa great choice. Another fabulous Grapevine Texas new home development is Lakeview Estates, located in northwest Grapevine along the shores of Grapevine Lake. This development contains about 80 homes that were built click for more between 2003 and 2005. The typical lot size is smaller than some, from .15 to .25 acre. The community is within the Carroll Independent School District. Some of the neighborhood amenities include a community park and a greenbelt. The average sales price of recently sold homes was $305,000 and the average house size was about 3000 square feet.