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$950,000

  • For Sale
  • Active
  • Lots/Land
  • 1.022 Acres
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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.

Full Property Details for 1261 Emerald Cir

General

  • Price: $950,000
  • Taxes: $9,934
  • Status: Active
  • Type: Lots/Land
  • Source: NTREIS
  • MLS ID: 21104290
  • Updated: 6/17/2026
  • Added to Site: 224 day(s) ago

Exterior

  • Exterior Features: Lighting, Private Yard, Rain Gutters, Storage

Parking

  • Parking Features: Boat, RV Access/Parking

Location

  • County: Tarrant
  • Subdivision: Emerald Estate Add
  • Driving 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

School Information

  • Elem School District: Carroll ISD
  • Midd School District: Carroll ISD
  • High School District: Carroll ISD
  • Elementary School: Johnson
  • Middle School: Carroll, Durham
  • High School: Carroll

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Electric
  • Heating Type: Central, Electric

Utilities

  • Sewer: Public Sewer, Septic Tank
  • Water: Public
  • Cable Available: Yes
  • Utility Description: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Overhead Utilities, Sewer Available, Septic Available, Separate Meters, Water Available

Structural Information

  • Detached/Attached: Detached
  • Current Bldg. Use: Residential, Single Family
  • Year Built: 1985

Lot Features

  • Lot Size (Acres): 1.022
  • Lot Size (Sq. Ft.): 44,518.32
  • Frontage: All Weather Road, Private Road, Asphalt
  • Lot Features: Acreage, Back Yard, Interior Lot, Lawn, Landscaped, Many Trees, Subdivision, Subdivided, Sprinkler System, Few Trees, City Lot
  • Development Status: Streets Installed, Zoned
  • Potential Use: Residential, Single Family
  • Trees/Vegetation: Grassed, Partially Wooded
  • Zoning: Residential
  • Fencing (Description): Metal, Partial, Wood

Financial Considerations

  • Tax Amount: $9,934
  • Terms: Cash, Conventional, FHA, Texas Vet, VA Loan

Disclosures and Reports

  • Documents Avail.: Aerial
  • Legal Description: EMERALD ESTATE ADDITION BLOCK 4 LOT 3
  • Property ID: 5042488
  • Block: 4
  • Lot Number: 3

Listed by Berkshire HathawayHS PenFed TX, Sonya Nabily

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Listing agent

— 1261 Emerald Cir —

  • Sonya Nabily

    Berkshire HathawayHS PenFed TX

817-919-4223

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1261 Emerald Cir

School District:Carroll Independent School District
NameGradesDistance
Jack D. Johnson Elementary
1301 North Carroll Avenue, Southlake, TX 76092
PK-40.9 mi
Durham Intermediate School
801 Shady Oaks Drive, Southlake, TX 76092
5-62.1 mi
Carroll Middle School
1800 East Kirkwood Boulevard, Southlake, TX 76092
7-80.9 mi
Carroll High School
800 South White Chapel Boulevard, Southlake, TX 76092
9-103.2 mi
Carroll Senior High School
1501 West Southlake Boulevard, Southlake, TX 76092
11-123.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1261 Emerald Cir Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/22/2026
Price Reduced
$950,000
-5%
MLS
3/18/2026
Price Reduced
$1,000,000
-9.09%
MLS
12/11/2025
Listed
$1,100,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1261 Emerald Cir

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,654
-21%
$624,802
-14%
2023
$4,624
—
$723,083
3%
2023
$4,624
-33%
$700,948
49%
2022
$6,914
—
$469,423
1%
2021
$6,904
1%
$465,000
—
2020
$6,822
-20%
$465,000
31%
2018
$8,570
-4%
$353,913
-9%
2019
$8,949
13%
$389,304
21%
2017
$7,900
9%
$321,739
10%
2016
$7,250
9%
$292,490
10%
2015
$6,643
13%
$265,900
3%
2013
$5,858
—
$257,400
10%
2013
$5,858
—
$234,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1261 Emerald Cir

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Berkshire HathawayHS PenFed TX, Sonya Nabily

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1261 Emerald Circle, Southlake, TX 76092 (MLS# 21104290) is a Lots/Land property with a lot size of 1.022 acres. 1261 Emerald Circle is currently listed for $950,000 and was received on December 11, 2025. Want to learn more about 1261 Emerald Circle? Do you have questions about finding other Lots/Land real estate for sale in Southlake? You can browse all Southlake real estate or contact a Coldwell Banker agent to request more information.

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