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800 Lodestar Drive

Southlake, Texas 76092
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Acres4.51

Acres(Lot)

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 and major employment centers. 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.

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Detail Ic Property Details

Property Type : Land

Price : $2,350,000

AD Id : 76680578

MLS Id : 555855905

Lot Size : 4.51 Acres(Lot)

County : Tarrant

Subdivision: Oak Hills Ph 1

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Feature Features

  • Utilities

    Asphalt,Cable Available,City Water,Electricity Connected,Individual Gas Meter,Individual Water Meter,Natural Gas Available,Private Sewer,Septic,Well
  • Cooling Features

    Central Air,Electric

    Heating Source

    Central,Natural Gas

  • Building Information

    Built Year: 1971
  • Exterior Features

    Fire Pit,Rain Gutters,Stable/Barn
  • Fencing

    Pipe,Wrought Iron

  • Lot Information

    Lot Size (Acr): 4.5090 Lot Size Units: Acres Lot Size Square Feet: 196,412 Lot Size Source: Assessor Lot Features: Acreage,Cleared,Lrg. Backyard Grass,Many Trees,Pasture
  • Property Information

    Property Type: Land Property Sub Type: Improved Land Subdivision: Freshhour 33 Survey Abstract City: Southlake State: Texas Directions: From Davis Blvd turn West on Florence and South on Lodestar. Property is about one eighth of mile on the right. Property Status: Active Property Age: 55

  • Listing Price Information

    Original List Price: $2,350,000
  • Listing Information

    Possession: Negotiable

  • Tax Information

    Parcel Number: 05979528 Tax Legal Description: FRESHOUR, J J SURVEY ABSTRACT 521 TRACT 3C1 3 Unexempt Taxes: $14,044

  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: Carroll Middle School: Carroll High School: Carroll Intermediate School: Carroll School District: Carroll ISD
  • Utility Information

    Utilities: Asphalt,Cable Available,City Water,Electricity Connected,Individual Gas Meter,Individual Water Meter,Natural Gas Available,Private Sewer,Septic,Well
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1028 Rosavine Drive, Southlake, TX, 76092 $750,000 -- -- -- 0.13 Acre(Lot)
217 Murano Place, Southlake, TX, 76092 $600,000 -- -- -- 0.12 Acre(Lot)
125 Murano Place, Southlake, TX, 76092 $600,000 -- -- -- 0.12 Acre(Lot)
209 Murano Place, Southlake, TX, 76092 $600,000 -- -- -- 0.12 Acre(Lot)
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 08/06/2026 @ 20:51

MLS: 555855905 LISTED BY: Phil White, Keller Williams Realty 800-257-1242 SOURCE: NTREIS - North Texas Real Estate Information

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