1261 Emerald Circle
Southlake, TX, 76092
$
950,000
Bedrooms3
Baths2.0
Sq
2,138
Monthly Estimate*
$
5,998
for $950,000 with 3 bedrooms and 2 full baths. This 2,138 square foot home was built in 1985 on a lot size of 1.022.
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.
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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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* Excluded Features
List By
Sonya Nabily
Listing Agent
Berkshire Hathawayhs Penfed Tx
Broker
Affordability Calculator
- Monthly Principal & Interest
- $5,998
- Monthly Property Taxes
- $828
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save
Nearby
Single family listings in Southlake, TX
Average List Price
$2,862,788
Percent of Sale Price
201%
About Southlake, TX
31,209
Population
48%
Since 2002
$
175,661
Median Income
43.38
Median Age
51%
Households with Children
Trends Information provided by ATTOM Data Solutions.
286381
Elementary School
3678543
Middle School
Unknown High School
High School
Pricing History
| Date |
Price |
Price Change |
Description |
|
5/22/2026
|
$950,000
|
-5.00%
|
Price Down
|
|
3/18/2026
|
$1,000,000
|
-9.09%
|
Price Down
|
|
12/12/2025
|
$1,100,000
|
|
Listed Price
|