Lakewood Village is a city in Denton County, Texas, United States located on Lewisville Lake.

Residents elect six at-large members to serve on the Town Council, including a mayor.

Lakewood Village is a peninsula in Lewisville Lake and is bordered on three sides by water.

Originally envisioned and marketed as second-home community that featured a golf course, two runways for small engine planes (current Stowe Lane), and a tennis court; the town has evolved into a relaxed and quiet lakeside hometown.

In 2021 the town annexed additional land on the north side of Eldorado Parkway that included a few small businesses.

The Lakewood Village area is rich with wildlife including bale eagles, owls, hawks, gray fox, bobcat, beaver, otter, wild turkey, deer, coyote, and even an occasional mountain lion.

However, due to capacity issues, LEISD is building a K-5 elementary school in Lakewood Village.

The majority of Denton County, Lakewood Village included, is in the boundary of North Central Texas College.