Listing provided courtesy of Berkshire HathawayHS PenFed TXMLS# 21114189MLS ProviderContact Information: Sonya Nabily - 817-919-4223
  • 199 days on site
  • 39 views

Rare opportunity to own approximately 1 acre in the heart of Southlake within highly acclaimed Carroll ISD! Tucked away on a quiet cul-de-sac, this desirable north-facing property offers the perfect blend of privacy, flexibility, and future potential. North-facing homes are highly sought after in Texas for their balanced natural light, reduced direct afternoon sun, enhanced outdoor comfort, and potential energy savings during the hot summer months. Surrounded by mature trees and established landscaping, the expansive homesite offers a peaceful setting with beautiful sight-lines, exceptional privacy, and endless possibilities. The existing home is ideal to enjoy as-is, renovate, expand, or build the custom estate of your dreams. Builder plans are available, and buyers have the option to work with experienced custom builders familiar with the property or bring their own builder. With no HOA and no required timeline to build, you have the freedom to create your vision at your own pace. The generous lot provides ample space for a resort-style pool, outdoor kitchen, guest quarters, sport court, workshop, or additional garage. Just minutes from Lake Grapevine, enjoy boating, fishing, hiking, biking, kayaking, paddleboarding, and countless outdoor activities. You'll also appreciate the close proximity to Southlake Town Square, offering premier shopping, fine dining, entertainment, and community events, along with convenient access to DFW International Airport, Dallas, Fort Worth, and major business corridors. One-acre properties in Southlake are becoming increasingly rare, making this an exceptional opportunity for homeowners, investors, or those seeking the perfect luxury homesite. Whether you're looking for a move-in-ready home, renovation project, or premium lot to build your dream home, this property offers unmatched flexibility, location, and long-term value.

Source: North Texas MLS, MLS#: 21114189

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  • Property Type
    Residential
  • Lot
    1.02 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 1261 Emerald Circle


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/22/2026Source: North Texas MLS Price Reduction
$950,000 -5.0%
5/22/2026Source: North Texas MLS Price Reduction
$950,000 -5.0%
5/3/2026Source: North Texas MLS Status Change
Active
5/3/2026Source: North Texas MLS Status Change
Active
4/29/2026Source: North Texas MLS Status Change
Active Under Contract
4/29/2026Source: North Texas MLS Status Change
Active Under Contract
3/18/2026Source: North Texas MLS Price Reduction
$1,000,000 -9.1%
3/18/2026Source: North Texas MLS Price Reduction
$1,000,000 -9.1%
12/12/2025Source: North Texas MLS Added to Database
December 12, 2025
12/4/2025Source: North Texas MLS Added to Database
December 04, 2025