Neighborhood
Hickory Creek TX Late Summer 2026: New Marinas, Townhome Developments, and What They Mean for Sycamore Cove Home Values
Theresa De La Rosa, Covenant Heritage Realty, LLC
Lake Lewisville is in the middle of its most significant waterfront investment cycle in years, and the projects underway in late summer 2026 have direct implications for anyone who owns or is considering buying a home in Hickory Creek's Sycamore Cove. From major new marinas to a 225-unit townhome development, the area around the I-35E corridor is changing in ways that matter for property values, daily lifestyle, and long-term community character.
Here is what is happening, where it is happening, and why it matters for Sycamore Cove residents and buyers.
The Tribute Marina: a new waterfront destination
Suntex Marina Investors is building the Tribute Marina on the Wynnewood Peninsula in The Colony, just a short drive from Hickory Creek along the eastern shore of Lake Lewisville. The marina will feature 801 wet slips ranging from 24 to 60 feet, a 4,069-square-foot floating structure housing retail space, a deli, marina office space, and a fuel dock. Land-based facilities are also part of the plan.
For residents of Hickory Creek and Sycamore Cove, the Tribute Marina adds a high-quality boating and social destination within easy reach. It is the kind of amenity that raises the profile of the entire lake, attracting more visitors, more events, and more investment to the Lake Lewisville corridor. When waterfront infrastructure improves, property values in surrounding neighborhoods tend to follow.
Eagle Point Marina acquisition by Suntex
In February 2026, Suntex acquired Eagle Point Marina on the west shore of Lake Lewisville, adding 597 wet slips to their Lake Lewisville portfolio. Eagle Point joins Hidden Cove Marina in Frisco and the new Tribute Marina as the third Suntex property on the lake. The acquisition signals a major corporate commitment to Lake Lewisville as a premier recreational water destination in North Texas.
For Sycamore Cove residents who keep their boats at Eagle Point or launch from nearby Sycamore Bend Park, the Suntex acquisition means professional management and potential upgrades at a marina that serves the Hickory Creek side of the lake. Eagle Point's west-shore location is the most convenient marina for residents coming from Hickory Creek, making this a directly relevant development for the community.
The Reserve at Hickory Creek: 225 townhomes coming to Turbeville Road
Blue River Development has broken ground on The Reserve at Hickory Creek, a 225-lot townhome project at 1745 Turbeville Road. The development represents Blue River's first entry into the Dallas market and adds a significant amount of attached housing to the Hickory Creek area.
For Sycamore Cove homeowners, this development is a double-edged story. On one side, more housing in Hickory Creek increases foot traffic for local businesses and supports the case for further retail and infrastructure investment along the I-35E corridor. On the other side, townhomes are a different product type than the single-family detached homes in Sycamore Cove, and they serve a different buyer demographic. The Reserve at Hickory Creek will bring more density to the area, but it does not compete directly with the sold-out, single-family character of Sycamore Cove.
What the Reserve does do is confirm what Sycamore Cove buyers already know: developers are betting on Hickory Creek. A 225-unit investment by a national builder is a vote of confidence in the area's growth trajectory.
Cole Ranch: a historic ranch becoming a master-planned community
Another major development in the pipeline involves the conversion of the historic Cole Ranch property into a master-planned community near Hickory Creek. The project plans include more than 26 miles of trails and two lakes, creating a significant new residential and recreational node in Denton County.
While Cole Ranch is not immediately adjacent to Sycamore Cove, its scale and ambition underscore the direction of the entire Denton County lake corridor. Trail networks, lake access, and master-planned amenities are the currency of modern suburban development, and Sycamore Cove — with its existing pond, fishing dock, green space, and proximity to Sycamore Bend Park — already delivers on many of those same values.
What the Sneaky Pete's site redevelopment means
The former Sneaky Pete's waterfront venue on Lake Lewisville's south shore has closed, and plans are underway for a hotel, restaurant, and entertainment complex at the site. While the south shore is in Lewisville rather than Hickory Creek, the redevelopment of a well-known lakeside venue into a higher-quality destination benefits the entire lake ecosystem. It replaces an aging property with something designed for the next generation of lake visitors and residents.
I-35E Green Ribbon landscaping project
TxDOT has approved $816,000 in Green Ribbon Funding for landscape improvements along I-35E from Turbeville Road to S. Stemmons Freeway. The funding becomes available starting September 2026. While landscaping along a highway might sound cosmetic, it directly affects how the corridor feels to drive every day — and first impressions matter when buyers drive through Hickory Creek for the first time.
When the approach to a town looks maintained and intentional, it signals that the community invests in itself. That intangible quality shows up in buyer perception and, over time, in property values.
Why this matters for Sycamore Cove buyers now
Sycamore Cove is a sold-out Beazer community with no new construction available. That built-in scarcity already gives the neighborhood a structural advantage over communities where the developer is still selling lots. But scarcity alone is not enough — the surrounding area needs to hold its value too.
The developments outlined here — new marinas, townhome projects, historic ranch conversions, highway landscaping, and lakefront redevelopment — collectively strengthen the Hickory Creek and Lake Lewisville market. Every new amenity, every infrastructure improvement, and every corporate investment in the area reinforces the case that this corridor is not static. It is building momentum.
For buyers looking at 4132 Kyles Landing Dr, the timing is worth considering. The neighborhood itself is established and mature. The surrounding area is investing heavily. And the home itself — listed at $619,900 with no closing costs and a 1-year lender rate buy-down — offers one of the lowest price-per-square-foot values in Sycamore Cove. Schedule a showing to see how the home fits into a community with a strong present and a well-supported future.
Want to see how the neighborhood and the latest developments look in person? Get in touch for a private tour of the home and a drive-through of the area.