800 Lodestar Dr, Southlake, TX 76092

$2,350,000
3
BD
4
BA
2,305
SqFt

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List Price
$2,350,000
Status
ACTIVE
MLS#
21214103
Price Change
▼ $100,000 1782246787
Bedrooms
3
Bathrooms
4
Living Area
2,305
Lot Size
196,412

Property Description

RARE 4.5 ACRE SOUTHLAKE DEVELOPMENT OPPORTUNITY One of the few remaining large-acreage tracts in Southlake offering the potential for multiple luxury homesites with Open Enrollment to Carroll ISD. Situated on approximately 4.5 acres in a premier Southlake location presenting a unique opportunity for builders, developers, investors, or end users seeking to create a private luxury enclave. A preliminary concept plan has been developed illustrating the potential for four estate-sized lots, subject to City approvals. Unlike raw land, the property offers substantial existing improvements, including a renovated residence, barn, pond, fencing, mature trees, and established utilities. These improvements provide immediate usability while long-term development plans are evaluated and pursued. The site combines the rarity of large contiguous acreage with the flexibility to pursue multiple development strategies, including: -Four luxury estate homesites - subject to approval - Initial meeting with the City has been held, follow-up meeting scheduled for June 30. Preliminary Concept plan can be found in Transaction Desk. - Private family compound -Signature custom-home enclave -Hold-and-develop investment opportunity Large undeveloped parcels in Southlake have become increasingly scarce, particularly those with favorable access, established infrastructure, and potential subdivision flexibility. This offering allows a buyer to a secure land position in one of North Texas' most desirable communities while preserving multiple future-use options. Conveniently located near Southlake Town Square, DFW International Airport, major employment centers, and Open Enrollment to award-winning Carroll ISD schools. Development concepts, surveys, and additional property information available upon request. All information is deemed accurate and to be verified by Buyer and Buyer's Agent.

Additional Information

Taxes
$14,044
Year Built
1971
Garage Spaces
2
Exterior Features
Fire Pit, Rain Gutters
Interior Features
Decorative Designer Lighting Fixtures, Double Vanity, Eat-In Kitchen, Granite Counters, Kitchen Island, Open Floor Plan, Pantry, Cable TV, Vaulted/Cathedral Ceilings, Walk-In Closet(s), Wired Audio
Roof
Composition
Appliances
Dishwasher, Electric Oven, Gas Cooktop, Disposal, LP Gas Water Heater
School District
Keller Isd
Elementary School
Florence
High School
Keller
Middle School
Keller
Sewer
Private Sewer, Septic Tank
Stories
1
Street Name
Lodestar Dr
Street Number
800
Water
Public, Well
Acres
4.51
County
Tarrant
Foundation
Slab
Heating
Central, Natural Gas
Lot Description
Back Yard, Cleared, Lawn, Pasture, Trees
Pool
Yes

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Listing courtesy of Phil White from Keller Williams Realty. Contact: 972-839-1382,972-839-1382