Why Live in Stone Lake Estates
Stone Lake Estates in Wichita Falls is an upscale neighborhood centered around a small lake, offering modern, spacious homes built from the early 2000s to the 2010s. The area is characterized by brick neo-traditional houses, some on half-acre lots, with prices significantly higher than the city average. The neighborhood is one of only seven in Wichita Falls with a Homeowners Association, though it lacks common amenities like pools or tennis courts. Safety is a practical consideration, with garages being essential due to severe storms and occasional mini tornadoes. Educational options include the highly rated Fain Elementary School, Barwise Middle School, and the newly opened Legacy High School, which features a hybrid curriculum. For higher education, Midwestern State University is just over 2 miles away. Stone Lake Estates is conveniently located near major shopping centers, including a Walmart Supercenter and Sikes Senter Mall, and offers various dining options like the local favorite Catfish Grill. Outdoor features include Weeks Park with its golf course and trails, Lake Wichita Park with a kayak launch and dog park, and Edgemore Park with playground facilities. The neighborhood is well-connected, with bus routes along Southwest Parkway and proximity to major roads leading to downtown Wichita Falls, Sheppard Air Force Base, and Wichita Falls Regional Airport. Local amenities include a YMCA, dental office, and ER Now 24/7 Emergency Room. Grace Church, a prominent local feature, adds to the community feel, while downtown attractions like the farmers market and monthly art walks provide cultural engagement.
Home Trends in Stone Lake Estates, TX
On average, homes in Stone Lake Estates, Wichita Falls sell after 79 days on the market compared to the national average of 52 days. The median sale price for homes in Stone Lake Estates, Wichita Falls over the last 12 months is $401,600, up 1% from the median home sale price over the previous 12 months.
Median Sale Price
$401,600
Median Single Family Sale Price
$401,600
Average Price Per Sq Ft
$162
Number of Homes for Sale
0
Last 12 months Home Sales
8
Median List Price
$425,450
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
1%