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Southlake

Southlake

Located in Tarrant County

$1,444,615 Average Value
$441 Average Price per Sq Ft
125 Homes For Sale

Upscale Metroplex city along Lake Grapevine

Around 25 miles from Dallas and Fort Worth and up against Lake Grapevine sits Southlake, an upscale Metroplex city home to 31,000 residents. “Southlake is a unique community in the way that we bring together small-town atmosphere and old-fashioned charm,” says Shawn McCaskill, the Mayor of Southlake. “During the winter freeze of 2021, where many residents were without power and water for a couple of days, fellow residents opened their homes and wallets and volunteered to help their fellow residents in their time of need, under challenging weather conditions. It was a proud moment as a City Council member and a resident of Southlake.” Along with the welcoming community, Southlake offers an exceptional school system, a dynamic town square and many community events.

While some residents commute to Dallas or Fort Worth for work, the city has three companies with more than 1,000 employees: Sabre Holdings, Charles Schwab and the Carroll Independent School District.

A stunning upscale home in Southlake is just the place for raising a family.
A stunning upscale home in Southlake is just the place for raising a family.
Charles Schwab added a new headquartes in Southlake.
Charles Schwab added a new headquartes in Southlake.
Travel and hospitality tech giant, Sabre Inc, is located in Southlake.
Travel and hospitality tech giant, Sabre Inc, is located in Southlake.
Carroll ISD is a large employer in the Southlake area.
Carroll ISD is a large employer in the Southlake area.
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Spacious new-traditional homes

“The 1990s were the boom years for Southlake,” says Jarod Marcus, a Realtor with RE/MAX Trinity II. Neighborhoods here sport new traditional styles with nods to classical and modern architecture. “It has a huge reputation for beautiful homes,” says Marla Carrico, a Realtor with Carrico and Associates. “They don’t look like a typical residential neighborhood. When you drive through, you can see some of those neighborhoods, which are absolutely stunning.” Communities like Timarron , Stone Lakes and South Ridge Lakes boast amenities like fitness centers, parks and trails.

The median sales price in Southlake is about $1.4 million, significantly higher than the Dallas-Fort Worth-Arlington area median price of $399,000, according to the Texas Real Estate Research Center. While the city backs up to Lake Grapevine, there are just a few waterfront homes. “There are a few scattered properties that have boat docks and a few neighborhoods that have community docks,” Marcus says. “Getting a permit to put a boat dock on Lake Grapevine is nearly impossible.”

New traditional homes can be found in a few Southlake neighborhoods.
New traditional homes can be found in a few Southlake neighborhoods.
Well maintained homes sit along the manicured streets in Southlake's Timarron.
Well maintained homes sit along the manicured streets in Southlake's Timarron.
Modern homes communities are being developed in Southlake.
Modern homes communities are being developed in Southlake.
Backing up to Grapevine Lake, some Southlake homes have a community dock.
Backing up to Grapevine Lake, some Southlake homes have a community dock.
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Southlake Town Square, the city’s shopping and dining hub

“Southlake has been really smart in the way they've let their retail grow up, so it's all pretty thoughtfully done,” says Lori Blad, a Realtor with Keller Williams Realty Dallas Metro North. “There’s a lot of high-end places to shop, hang out and eat.” Southlake Town Square is the shopping and dining hub of the city, offering over 120 retailers and restaurants, from Apple and Lululemon to Brio Italian Grille and Corner Bakery. The 130-acre town square is also home to the Southlake Town Hall. “I love that I don’t have to get on the freeway or (go) into DFW to get what I need,” says Rebecca Utley, the director of development at the Southlake Historical Society. She has lived in Southlake for over 30 years. “You can’t throw a stick without hitting a really good restaurant.”

Techie people in Southlake flock to the Apple store in the Town Center.
Techie people in Southlake flock to the Apple store in the Town Center.
A beloved shop in Southlake Town Center is Lululemon.
A beloved shop in Southlake Town Center is Lululemon.
Residents head to Southlake Town Center for dining, shopping and entertainment.
Residents head to Southlake Town Center for dining, shopping and entertainment.
Corner Bakery in Southlake Town Center is a staple for breakfast,lunch and dinner.
Corner Bakery in Southlake Town Center is a staple for breakfast,lunch and dinner.
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Southlake community events

“Southlake welcomes over 10,000 people each year to our annual Stars and Stripes celebration on July 3, our Home for the Holidays - Christmastime in Southlake tree lighting in Town Square, and the Carroll ISD Homecoming Parade,” McCaskill says. “In addition, Southlake hosts several multi-day events, like Art in the Square, hosted by the Southlake Women's Club, benefitting local charities, and Oktoberfest, hosted by the Southlake Chamber of Commerce.”

Music fills the air, adding rhythm to Southlake Town Square's peaceful afternoons.
Music fills the air, adding rhythm to Southlake Town Square's peaceful afternoons.
Art in the Square is attended by tens of thousands of visitors and over 150 artists each year.
Art in the Square is attended by tens of thousands of visitors and over 150 artists each year.
See art from artists from all over the nation at the annual three-day Art in the Square,
See art from artists from all over the nation at the annual three-day Art in the Square,
Kids love to skate around the ice rink at Christmas in Southlake Town Center.
Kids love to skate around the ice rink at Christmas in Southlake Town Center.
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The A-plus graded Carroll Independent School District

“At the center of Southlake are some amazing and phenomenal schools,” Blad says. Students in Southlake attend Carroll Independent School District, which has 11 schools and serves more than 8,000 students. The district receives an A-plus grade from Niche. The district also boasts a zero percent dropout and 97 percent attendance rate. In 2015, Carroll ISD received the 6A Lone Star Cup Championship, a competition that considers the district’s academics, fine arts and athletics. The Clariden School is a private institution in Southlake that serves pre-kindergarten through 12th grade and earns an A-plus from Niche.

Carroll Senior High in Southlake is a terrific place for your teenager to go to learn and make friends.
Carroll Senior High in Southlake is a terrific place for your teenager to go to learn and make friends.
George Dawson Middle School is a Southlake gem shaping tomorrow's leaders.
George Dawson Middle School is a Southlake gem shaping tomorrow's leaders.
Come out to Dragon Stadium in Southlake to watch the Dragon's win another football game.
Come out to Dragon Stadium in Southlake to watch the Dragon's win another football game.
The Clariden School is a private school offering exceptional education to all students.
The Clariden School is a private school offering exceptional education to all students.
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Community parks and Grapevine Lake recreation

Southlake has 20 parks for nature walks and outdoor recreation. “Bicentennial Park is the home of our Dragon Youth Baseball fields, along with our community recreation and events center, The Marq, the Southlake Tennis Center and our new Pickleball Complex,” McCaskill says. “In addition, Bob Jones Park is home to softball fields and soccer fields, along with lots of preserved open space adjacent to Grapevine Lake.”

Bicentennial Park is a favorite place for locals to go for daily exercise and fun.
Bicentennial Park is a favorite place for locals to go for daily exercise and fun.
Southlake is proud of the sport fields, parks and outdoor trails available for visit.
Southlake is proud of the sport fields, parks and outdoor trails available for visit.
The Marq Facility is located inside Bicentennial Park in Southlake has an events hall, multipurpose meeting space and a club lounge.
The Marq Facility is located inside Bicentennial Park in Southlake has an events hall, multipurpose meeting space and a club lounge.
Bicentennial Park is the place to go for pickleball matches.
Bicentennial Park is the place to go for pickleball matches.
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Texas State Highway 114 access and DFW commutes

Texas State Highway 114 bisects Southlake, opening commuter access to the region. “The highway can get backed up at rush hour, but people expect that,” Utley says. “I’ve worked in the Dallas and Fort Worth areas. Southlake is in a good, centralized position to both of them.” Dallas-Fort Worth International Airport is about 8 miles from the town square, and commuters to Dallas or Fort Worth are within 25 miles of each city. There is no public transportation within Southlake, so residents rely on personal vehicles to get around.

Southlake weather and crime

Due to its position off Grapevine Lake and waterways like Dove Creek and Big Bear Creek, some areas of Southlake are prone to flooding after heavy rainfall. The city urges residents to be alert for heightened water levels and erects barricades around at-risk areas and flooded roads as necessary.

According to the Southlake Police Department, violent and property crime rates have continued to trend downward in recent years. In 2023, both rates were lower than the state and national averages.

Kevin Haswell
Written By
Kevin Haswell
Stacey Callaway
Photography Contributed By
Stacey Callaway
Kyle Keyes
Video By
Kyle Keyes

Interested in learning more about homes in this area? Reach out to Jonathan Darias, an experienced agent in this area.

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Parks in this Area

Southlake Housing Trends

Housing Trends

Median List Price
$1,525,000
Median Sale Price
$1,350,000
Median Single Family Sale Price
$1,475,000
Median Townhouse Sale Price
$1,064,000
Median 2 Bedroom Sale Price
$552,500
Median Change From 1st List Price
0%
Last 12 months Home Sales
320
Median Home Sale Price YoY Change
0%
Average Price Per Sq Ft
$441

Area Facts

Number of Homes
8,944
Number of Homes for Sale
125
Median Year Built
1996
Months of Supply
4.70
Average Single Family Home Size Sq Ft
4,095
Significantly above the national average
1,929
Average Townhouse Size Sq Ft
2,547
Average 2 Bedroom Size Sq Ft
2,152
Average 1 Bedroom Size Sq Ft
1,199
Median Lot Size Sq Ft
20,473

Open Houses

  • Saturday, Nov 1
    Open Sat 1PM - 4PM

    807 Cross Ln, Southlake, TX 76092

    $2,099,999

    • 5 Beds
    • 5.5 Baths
    • 5,125 Sq Ft
    • 807 Cross Ln
    • New 22 days ago

    Welcome to 807 Cross Lane, a stunning 5 bedroom, 6 bath estate nestled at the end of a quiet cul-de-sac in the prestigious Foxborough community—walking distance to Southlake Town Square and zoned to Carroll ISD’s award-winning schools. A complete 2022 remodel transformed this home with refined transitional styling, high-end finishes, and thoughtfully designed spaces including new roof and whole

    Agent Photo
    Frank Capovilla
    Coldwell Banker Realty
    (888) 794-6490
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  • Saturday, Nov 1
    Open Sat 2PM - 4PM

    205 Lovegrass Ln, Southlake, TX 76092

    $936,345

    • 5 Beds
    • 3.5 Baths
    • 4,048 Sq Ft
    • 205 Lovegrass Ln
    • New 8 days ago

    The most coveted homesite in Myers Meadows is available! The foyer and several rooms overlook the secluded backyard with views of the serene pond with fountain and a park beyond. This spacious 2-story brick home in a sociable neighborhood awaits the prudent buyer who appreciates a Carroll ISD education, quality construction, a convenient location, and the opportunity to personalize this

    George Wessberg Ebby Halliday, REALTORS

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  • Saturday, Nov 1
    Open Sat 1PM - 3PM

    203 Donley Ct, Southlake, TX 76092

    $1,099,000

    • 4 Beds
    • 5 Baths
    • 3,905 Sq Ft
    • 203 Donley Ct
    • New 8 days ago

    Priced to Sell!! . Discover elegant living in this prestigious .47-acre property. With 4 bedrooms, 3 living areas, 2 dining areas, and a separate study, it offers ample space for comfortable living. The main-level owner suite provides easy access to the patio, while three secondary bedrooms and a large living area upstairs offer privacy and relaxation. Recent upgrades include new carpet and paint

    Kirt Sangha Beam Real Estate, LLC

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Southlake Has More Owners

Demographics

Total Population
31,672
Median Age
43
Population under 18
27.7%
On par with the national average
23.8%
Population over 65
15.4%
On par with the national average
19.1%

Finances

Median Household Income
$236,493
Significantly above the national average
$71,702
Average Household Income
$232,303

Education and Workforce

High School Graduates
98.8%
College Graduates
74.3%
Significantly above the national average
34.1%
Advanced Degrees
32.7%
Above the national average
13.3%
% Population in Labor Force
68.9%

Weather

Annual Precipitation
37''
Average Winter Low Temperature
36°F
Average Summer High Temperature
96°F
Annual Snowfall
2''

Area Factors

Somewhat Bikeable

Bike Score®®

28 / 100

Car-Dependent

Walk Score®®

14 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Southlake