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1 Acre of Residential Land for Sale in Southlake, Texas

1261 Emerald Cir, Southlake, TX 76092

$950,000
1 acre
Active sale
$50k drop
Est $5,682/mo

Rare opportunity to secure a premium 1.02-acre homesite in the heart of Southlake within award-winning Carroll ISD. With no HOA and no required timeline to build, this north-facing property offers the flexibility to create the custom home you've always envisioned at your own pace. Bring your own builder or take advantage of available custom home plans from local builders, with builder incentives available. The existing single-story home provides the option to live comfortably while planning your future dream home, renovate and expand, or start fresh with a new luxury estate. Flat, usable lots of this size in Southlake are becoming increasingly difficult to find, making this an exceptional opportunity for homeowners, builders, or investors seeking long-term value. The spacious homesite offers endless possibilities for a resort-style backyard, pool, guest house, sports court, workshop, or additional garage space, subject to city approval. A north-facing orientation is especially desirable in Texas, providing reduced direct sun exposure to the front of the home and helping create more comfortable outdoor spaces while improving energy efficiency. Ideally located just minutes from Southlake Town Square, DFW Airport, shopping, dining, parks, golf, and miles of walking and biking trails around Lake Grapevine, this property combines privacy, convenience, and exceptional future potential. Whether you're searching for land to build a luxury custom home, a rare acreage property in Southlake, or an investment in one of North Texas' most sought-after communities, this property offers a unique opportunity that is increasingly hard to duplicate.

Sq feet
1985
Built

Location

Street address
1261 Emerald Cir
Zip code
76092
Community
Emerald Estate Add
School district
Carroll ISD
Elevation
581 feet
Coordinates
32.9711, -97.1307

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 Dove Rd, then take a right on Lonesome Dove, then a left on Emerald Cir and home is on your left

Property details

Acreage
1.022 acres44,518 sq ft
Zoning
Residential
MLS #
NTREIS 21104290
Posted

Property taxes

Recent
$9,934

Parcels

  • 05042488

Legal description

Details and features

Listing

Type
Land
Franchise
Berkshire Hathaway Home Services

Lot

Vegetation
Grassed, Wooded
Features
Acreage, Back Yard, City Lot, Few Trees, Interior Lot, Landscaped, Lawn, Many Trees, Sprinkler System, Subdivided, Subdivision

Exterior

Parking
Boat, RV
Structures
Storage
Features
Lighting, Private Yard, Rain Gutters

Structure

Water
Public
Sewer
Public Sewer, Septic Tank
Heating
Central, Electric
Cooling
Central Air

Nearby schools

NameTypeDistrict
JohnsonElementaryCarroll ISD
Carroll,DurhamMiddleCarroll ISD
CarrollHighCarroll ISD

Listing history

DateEventPriceChangeSource
May 23, 2026Price drop$950,000$50,000 -5%NTREIS
Mar 19, 2026Price drop$1,000,000$100,000 -9.1%NTREIS
Dec 5, 2025New listing$1,100,000NTREIS
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This 1.022-acre property is located at 1261 Emerald Cir in Southlake, TX 76092. The property is available for sale, priced at $950,000. It has a structure built in 1985.

Listed by Berkshire HathawayHS PenFed TX, (866) 225-5778

Checked 1 hour agoUpdated Source

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