1261 Emerald

An exceptional opportunity awaits in the heart of Southlake: a rare 1-acre property nestled in the serene, tree-lined Emerald Estate community and zoned to top-ranked Carroll ISD. This expansive homesite offers privacy, flexibility, and the luxury of space — with no HOA restrictions. An existing single-story residence sits on the property, featuring 3 bedrooms, 2 bathrooms, 2 dining areas, and 2 spacious living rooms — ideal for immediate use, renovation, or interim living while you build your custom home. A two-car garage is complemented by an extended driveway for ample guest or overflow parking, and a detached barn provides generous storage for larger items, a boat, motorcycle, or even a third vehicle. Positioned just minutes from Lake Grapevine, the property offers easy walkable or bikeable access to the lake’s scenic trails, parks, and recreational spaces. The expansive, level lot is beautifully open with mature trees and lush grassy areas — perfect for kids and pets to roam freely or for designing a private outdoor retreat. Whether you choose to build a custom estate or renovate the existing structure, you'll enjoy a peaceful yet prestigious setting on a quiet, tree-lined street surrounded by custom homes — all just minutes from Southlake Town Square, elite schools, upscale dining, boutique shopping, major highways, and DFW Airport. You’re welcome to bring your own builder, with utilities already in place and no timeline to build. Properties offering this level of flexibility, acreage, and location are increasingly rare in Southlake. Bring your vision, your plans, and your future to 1261 Emerald Circle. Schedule your private tour today.