1261 Emerald Circle Southlake, TX $ 1,000,000
1261 Emerald Circle
$ 1,000,000
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1261 Emerald Circle

Southlake, TX, 76092
$ 1,000,000
Bedrooms3 Baths2.0 Sq 2,138

Monthly Estimate*

$ 6,157

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Single Family Home for sale in Southlake, TX

for $1,000,000 with 3 bedrooms and 2 full baths. This 2,138 square foot home was built in 1985 on a lot size of 1.022.

A rare opportunity to own a 1-acre property in Southlake, Texas within highly acclaimed Carroll ISD and with no HOA restrictions. This property offers exceptional flexibility for buyers looking to update, renovate, 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 great potential for modern updates. For buyers looking to add value, this home presents an ideal opportunity to renovate and personalize a property in Southlake while enjoying the benefit of living on a full acre. 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. 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 the flexibility to renovate or build are increasingly rare. 1261 Emerald Circle offers exceptional potential in a prime location. Schedule your private showing today.

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Single Family Active

Price

$ 1,000,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 9,934

Style

Traditional

Lot Size

1.022

Year Built

1985

Town/City

Southlake

County/Region

Tarrant

MLS | Web ID

21114189

Features
Interior
Interior Features Built-in Features Cable TV Available Decorative Lighting Eat-in Kitchen Flat Screen Wiring Kitchen Island Pantry Walk-In Closet(s)
Flooring Carpet Ceramic Tile Wood
Basement Y/N 0
Dining Areas 2
Living Areas 2
Half Baths 0
Total Bedrooms 3
Total Baths 2
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General
Heating Central Fireplace(s) Natural Gas
Cooling Ceiling Fan(s) Central Air
Utilities All Weather Road City Water Septic
Possession Closing/Funding Negotiable
Roof Composition
Appliances Dishwasher Disposal Dryer Electric Cooktop Electric Oven Microwave
Number of Garage Spaces 3
Restrictions Deed Easement(s)
School District Carroll ISD
Pool Y/N 0
Year Built 1985
Architectural Style Traditional
Community Features Greenbelt RV Parking
Levels One
Property Subtype Single Family Residence
Subdivision Name Emerald Estate Add
Transaction Type For Sale
Occupant Type Owner
County Tarrant
Property Type Residential
Construction Materials Brick
HOA Type None
Special Notes Aerial Photo Deed Restrictions Utility Easement
Full Baths 2
Status Active
Directions From State Hwy 114 travel N on N. Carroll Ave. Right on Taylor St and then right on to Emerald Circle. Home is on the right. From Hw 114 take the Kimball Exit and travel North then take a left on E D
City Southlake
Elementary School Name Johnson
High School Carroll
Elementary School Johnson
Standard Status Active
Listing Terms Cash Conventional FHA Texas Vet VA Loan
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Exterior
Waterfront 0
Vegetation Cleared Grassed Partially Wooded
Garage Length 22
Garage Width 20
Other Structures Garage(s) Second Garage Workshop Workshop w/Electric
Lot Size Source Assessor
Parking Features Additional Parking Driveway Garage Oversized Paved RV Access/Parking Storage Workshop in Garage
Lot Size 1 to < 3 Acres
Foundation Slab
Structural Style Single Detached
Garage Y/N 1
Attached Garage Y/N 1
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Internal Only
Street Number 1 1261
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* Excluded Features
List By
Sonya Nabily

Listing Agent

Berkshire Hathawayhs Penfed Tx

Broker

Affordability Calculator

$6,985
Per Month
88%
12%
0%
Monthly Principal & Interest
$6,157
Monthly Property Taxes
$828
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
286381 Elementary School
3678543 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
3/18/2026 $1,000,000 -9.09% Price Down
12/12/2025 $1,100,000 Listed Price

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1261 Emerald Circle, Southlake, TX, 76092 is a Single Family Home for sale at $1,000,000 with 2,138 sqft and a lot size of 1.022. 1261 Emerald Circle has 3 bedrooms, 2.0 baths, and was built in 1985. The property's zip code is 76092 which is in Southlake, TX