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1261 Emerald Circle

Southlake, TX 76092

Listing courtesy of Sonya Nabily, Berkshire HathawayHS PenFed TX

$950,000
Active
Beds
3
Baths
2
Sqft
2,138
Year Built
1985

About this home

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.

Schools

Elementary
Johnson
Middle
Carroll,Durham
High
Carroll

School assignments per NTREIS. Confirm current attendance zones with the district before relying on them.

Property details

MLS #
21114189
Property Type
Residential
Status
Active
County
Tarrant
Subdivision
Emerald Estate Add
Lot Size
1.02 acres
Garage
3-car
HOA Dues
None
Annual Taxes
$9,934
Days on Market
198 days
Listed
May 3, 2026
Price per Sqft
$444

Estimate your monthly payment

Estimate only, not a loan offer. Taxes, insurance, and HOA are approximate.

$6,161/mo
Principal & interest
$5,056
Property taxes
$828
Homeowner's insurance (est.)
$277

Based on a 30-year fixed loan. Talk to a lender for an accurate quote.

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IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed accurate by the MLS.

Listing data via NTREIS · Data refreshed May 3, 2026