Listing provided courtesy of Keller Williams RealtyMLS# 21214103MLS ProviderContact Information: Phil White - 972-839-1382,972-839-1382
  • 96 days on site
  • 11 views

RARE 4.5 ACRE SOUTHLAKE DEVELOPMENT OPPORTUNITY One of the few remaining large-acreage tracts in Southlake offering the potential for multiple luxury homesites with Open Enrollment to Carroll ISD. Situated on approximately 4.5 acres in a premier Southlake location presenting a unique opportunity for builders, developers, investors, or end users seeking to create a private luxury enclave. A preliminary concept plan has been developed illustrating the potential for four estate-sized lots, subject to City approvals. Unlike raw land, the property offers substantial existing improvements, including a renovated residence, barn, pond, fencing, mature trees, and established utilities. These improvements provide immediate usability while long-term development plans are evaluated and pursued. The site combines the rarity of large contiguous acreage with the flexibility to pursue multiple development strategies, including: -Four luxury estate homesites - subject to approval - Initial meeting with the City has been held, follow-up meeting scheduled for June 30. Preliminary Concept plan can be found in Transaction Desk. - Private family compound -Signature custom-home enclave -Hold-and-develop investment opportunity Large undeveloped parcels in Southlake have become increasingly scarce, particularly those with favorable access, established infrastructure, and potential subdivision flexibility. This offering allows a buyer to a secure land position in one of North Texas' most desirable communities while preserving multiple future-use options. Conveniently located near Southlake Town Square, DFW International Airport, major employment centers, and Open Enrollment to award-winning Carroll ISD schools. Development concepts, surveys, and additional property information available upon request. All information is deemed accurate and to be verified by Buyer and Buyer's Agent.

Source: North Texas MLS, MLS#: 21214103

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
  • Property Type
    Residential
  • Lot
    4.51 acres

Get in Contact

Would you like to know more about this property? We're here to help! Let's connect and find what you're looking for.

Kelly Wheeler

Create a profile so you can receive updates on this property as soon as they happen!

Owning this Home

$
$ %
%
* 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 800 Lodestar Drive


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
6/23/2026Source: North Texas MLS Price Reduction
$2,350,000 -4.1%
6/23/2026Source: North Texas MLS Price Reduction
$2,350,000 -4.1%
6/11/2026Source: North Texas MLS Price Reduction
$2,450,000 -7.5%
6/11/2026Source: North Texas MLS Price Reduction
$2,450,000 -7.5%
4/1/2026Source: North Texas MLS Added to Database
April 01, 2026
3/26/2026Source: North Texas MLS Added to Database
March 26, 2026