A rare opportunity to own a 1-acre north facing property in Southlake, Texas within highly acclaimed Carroll ISD and with no HOA restrictions. This property offers exceptional flexibility for buyers looking to update, expand, or build a custom luxury home in one of the most desirable areas of the Dallas–Fort Worth metroplex. The existing single-story home is fully livable and features 3 bedrooms, 2 bathrooms, 2 living areas, 2 dining spaces, and a 3-car garage, offering a fun…
| Room | Level | Size |
|---|---|---|
| Utility Room | Main | 7 x 6 |
| Bedroom | Main | 14 x 12 |
| Full Bath | Main | 10 x 9 |
| Bedroom | Main | 15 x 13 |
| Breakfast Room Nook | Main | 10 x 10 |
| Kitchen | Main | 19 x 12 |
| Dining Room | Main | 16 x 13 |
| Den | Main | 21 x 20 |
| Living Room | Main | 27 x 18 |
| Type | Single Family Residence |
| County | Tarrant |
| Lot | 1.022 ac (44,518.32 sqft) |
| Annual Tax | $9,934 |
| Days on Market | 177 |
| District | Carroll ISD |
| Elementary | Johnson |
| Middle | Carroll,Durham |
| High School | Carroll |
| P&I (6.875%) | $4,993 |
| Est. Tax | $828 |
| Est. Total | $5,821/mo |
SOUTHLAKE, TX 76092 · Emerald Estate Add
$950,000
A rare opportunity to own a 1-acre north facing property in Southlake, Texas within highly acclaimed Carroll ISD and with no HOA restrictions. This property offers exceptional flexibility for buyers looking to update, expand, or build a custom luxury home in one of the most desirable areas of the Dallas–Fort Worth metroplex. The existing single-story home is fully livable and features 3 bedrooms, 2 bathrooms, 2 living areas, 2 dining spaces, and a 3-car garage, offering a functional layout with strong potential enhanced by AI conceptual rendering for future possibilities. For buyers looking to add value, this home presents an ideal opportunity to personalize a property in Southlake while enjoying the benefit of living on a full acre, with AI conceptual rendering available to help visualize design options. The property also features an extended driveway with ample guest parking and a detached barn that also serves as a third-car garage, providing flexible space for a boat, recreational equipment, workshop, or additional vehicle storage. The flat, usable one-acre lot is complemented by mature trees and open grassy areas, offering plenty of space for outdoor living, entertaining, gardening, or future additions such as a pool, guest house, or expanded outdoor living area—conceptualized through AI renderings. For buyers seeking to build new, the property also presents a tear-down and rebuild opportunity. With utilities already in place, no HOA restrictions, and no timeline to build, buyers can bring their own builder and design a custom estate. Preliminary custom home plans from local builders are available; please reach out for details. Located just minutes from Lake Grapevine, with easy access to trails, parks, boating, Southlake Town Square, dining, shopping, major highways, and DFW Airport. Opportunities to own a 1-acre property in Southlake with this level of flexibility are increasingly rare. 1261 Emerald Circle offers exceptional potential in a prime location.
Property Type
Residential
Sub Type
Single Family Residence
Status
$444/sqft
Active
Bedrooms
3
Full Baths
2
Living Area
2,138 sqft
Lot Size
44,518.32 sqft
Lot (acres)
1.022
Garage
3 spaces
Stories
1
Year Built
1985
Community
Emerald Estate Add| Room | Level | Size |
|---|---|---|
| Utility Room | Main | 7 x 6 |
| Bedroom | Main | 14 x 12 |
| Full Bath | Main | 10 x 9 |
| Bedroom | Main | 15 x 13 |
| Breakfast Room Nook | Main | 10 x 10 |
| Kitchen | Main | 19 x 12 |
| Dining Room | Main | 16 x 13 |
| Den | Main | 21 x 20 |
| Living Room | Main | 27 x 18 |
| Primary Bathroom | Main | 17 x 12 |
| Primary Bedroom | Main | 18 x 17 |
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Annual Tax
$9,934
Total Principal
$760,000
Total Interest
$1,037,357
Total Loan Payment
$1,797,357
Payoff Date
June 2056
Est. Payment
$6,217
/month
Estimated only. Does not guarantee loan approval. Contact a licensed lender for accurate rates and terms. Rates change daily.
View Online
https://realtorkonda.com/property/southlake-tx/emerald-estate-add/1261-emerald-circle-76092
Contact: (469) 854-1352 · realtorkonda@gmail.com
Listed by Sonya Nabily · Berkshire HathawayHS PenFed TX · 817-442-5345
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 is not guaranteed accurate by the MLS or NTREIS. © 2026 NTREIS. All rights reserved. Last updated Jun 7, 2026.
Listing Agent
Sonya Nabily
Berkshire HathawayHS PenFed TX