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3 Bedroom(s)
2 Full Bath(s)
2,138 Sqft
1.02 Lot Acres
Residential - Single Family

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About this property

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, 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.

MLS#
NTREIS-21114189
List Price
$1,000,000
($468/Sqft.)
Listing Status
For Sale
Address
1261 Emerald Cir
City
State
TX
Zip Code
Subdivision
Emerald Estate Add
Legal Description
EMERALD ESTATE ADDITION BLOCK 4 LOT 3
Property Type
Residential - Single Family
Bedroom
3 Bedroom(s)
Bath
2 Full Bath(s)
Garages
3 / Attached,Oversized
Stories
1
Building Size
2,138 Sqft/Appraisal District
Architecture Style
Traditional
Year Built
1985 /Appraisal District
Lot Size
1.02 Lot Acres/ASSESSOR
LP / Acre
$978,474 / Acre

Rooms

Living
27 x 18, 1st
Den
21 x 20, 1st
Dining
16 x 13, 1st
Kitchen
19 x 12, 1st
Breakfast
10 x 10, 1st
Primary Bedroom
18 x 17, 1st
Bedroom
15 x 13, 1st
Bedroom
14 x 12, 1st
Bath
10 x 9, 1st
Utility Room Desc
7 x 6, 1st

Interior

Number Of Living Area
2
Fireplace
1/Brick
Floors
Carpet, Ceramic Tile, Wood
Cooling
Central Air
Heating
Central, Fireplace(s), Natural Gas
Window
Window Coverings
Appliances
Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Microwave
Security System
Fire Alarm,Smoke Detector(s)
Interior
Built-in Features, Cable TV Available, Decorative Lighting, Eat-in Kitchen, Flat Screen Wiring, Kitchen Island, Pantry, Walk-In Closet(s)

Exterior

Roof
Composition
Foundation
Slab
Private Pool
No
Exterior Type
Brick
Garage Size
22 X 20
Parking
Additional Parking, Driveway, Garage, Oversized, Paved, RV Access/Parking, Storage, Workshop in Garage
Parking Space
Garage 3 / Carport 0 / Total Covered 3
Easements
Electric,Utilities
Utility
All Weather Road,City Water,Septic

See the lot information

Lot Size
1.02 Lot Acres /ASSESSOR
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Extra details you may need to know

Dwelling Type
Single Detached
Community Features
Greenbelt,RV Parking

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Cost/Sqft based on tax value

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Estimated Monthly Payments

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Full Page
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Principal & InterestTaxesInsuranceHOA fees----%----
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Assigned schools

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Notice & Disclaimer
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Listing broker

Berkshire HathawayHS PenFed TX

150 N Nolen Dr., Southlake, TX 76092
Berkshire HathawayHS PenFed TX, is a Texas real estate firm, located at 150 N Nolen Dr., Southlake, TX 76092. Berkshire HathawayHS PenFed TX provides a wide range of real estate services. Consumers continue to find value in having a real estate professional help them through the home buying and selling process. The range of services the real estate professionals provide is proving ever more valuable in real estate transactions (financing twists and sales contract intricacies). Please view Berkshire HathawayHS PenFed TX current listings.

Buyers and sellers give reviews to the real estate agents for the level of expertise and professionalism they bring to the real estate transaction. View Berkshire HathawayHS PenFed TX Agent Roster. Berkshire HathawayHS PenFed TX has multi-lingual agents: English.

Information source

North Texas Real Estate Information Systems, Inc.
Source last updated Apr 15, 2026 at 04:38 AM
Listing last updated Apr 08, 2026 at 04:27 PM
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1261 Emerald Cir, Southlake, TX 76092. View photos, map, tax, nearby homes for sale, home values, school info...

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