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For sale
    • Price cut: $50K (5/22)
    $950,000

    1261 Emerald Cir, Southlake, TX 76092

    3beds
    2,138sqft
    : 
    $6,988/mo
    Get pre-qualified
    Single Family Residence
    Built in 1985
    1.02 Acres Lot
    $-- Zestimate®
    $444/sqft
    $-- HOA

    What's special

    Rare opportunity to own approximately 1 acre in the heart of Southlake within highly acclaimed Carroll ISD! Tucked away on a quiet cul-de-sac, this desirable north-facing property offers the perfect blend of privacy, flexibility, and future potential. North-facing homes are highly sought after in Texas for their balanced natural light, reduced direct afternoon sun, enhanced outdoor comfort, and potential energy savings during the hot summer months. Surrounded by mature trees and established landscaping, the expansive homesite offers a peaceful setting with beautiful sight-lines, exceptional privacy, and endless possibilities. The existing home is ideal to enjoy as-is, renovate, expand, or build the custom estate of your dreams. Builder plans are available, and buyers have the option to work with experienced custom builders familiar with the property or bring their own builder. With no HOA and no required timeline to build, you have the freedom to create your vision at your own pace. The generous lot provides ample space for a resort-style pool, outdoor kitchen, guest quarters, sport court, workshop, or additional garage. Just minutes from Lake Grapevine, enjoy boating, fishing, hiking, biking, kayaking, paddleboarding, and countless outdoor activities. You'll also appreciate the close proximity to Southlake Town Square, offering premier shopping, fine dining, entertainment, and community events, along with convenient access to DFW International Airport, Dallas, Fort Worth, and major business corridors. One-acre properties in Southlake are becoming increasingly rare, making this an exceptional opportunity for homeowners, investors, or those seeking the perfect luxury homesite. Whether you're looking for a move-in-ready home, renovation project, or premium lot to build your dream home, this property offers unmatched flexibility, location, and long-term value.
    230 days
    |
    1,385
    |
    62
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Sonya Nabily 0639309 817-919-4223,

    Berkshire HathawayHS PenFed TX 817-442-5345

    Source: NTREIS,MLS#: 21114189

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Level: First
      • Dimensions: 18 x 17
      Bedroom
      • Level: First
      • Dimensions: 15 x 13
      Bedroom
      • Level: First
      • Dimensions: 14 x 12
      Primary bathroom
      • Level: First
      • Dimensions: 17 x 12
      Breakfast room nook
      • Level: First
      • Dimensions: 10 x 10
      Den
      • Level: First
      • Dimensions: 21 x 20
      Dining room
      • Level: First
      • Dimensions: 16 x 13
      Other
      • Level: First
      • Dimensions: 10 x 9
      Kitchen
      • Level: First
      • Dimensions: 19 x 12
      Living room
      • Level: First
      • Dimensions: 27 x 18
      Utility room
      • Level: First
      • Dimensions: 7 x 6
      Heating
      • Central, Fireplace(s), Natural Gas
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Dryer, Dishwasher, Electric Cooktop, Electric Oven, Disposal, Microwave
      • Laundry: Electric Dryer Hookup, Gas Dryer Hookup
      Features
      • Built-in Features, Decorative/Designer Lighting Fixtures, Eat-in Kitchen, Kitchen Island, Pantry, Cable TV, Walk-In Closet(s), Wired for Sound
      • Flooring: Carpet, Ceramic Tile, Wood
      • Windows: Window Coverings
      • Has basement: No
      • Number of fireplaces: 1
      • Fireplace features: Masonry
      Interior area
      • Total interior livable area: 2,138 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 3
      • Parking features: Additional Parking, Driveway, Garage, Oversized, Paved, Storage, Workshop in Garage, RV Access/Parking
      • Attached garage spaces: 3
      Features
      • Levels: One
      • Stories: 1
      • Pool features: None
      Lot
      • Size: 1.02 Acres
      • Residential vegetation: Cleared, Grassed, Partially Wooded
      Details
      • Additional structures: Second Garage, Garage(s), Workshop
      • Parcel number: 05042488

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional,Detached
      • Property subtype: Single Family Residence
      Materials
      • Brick
      • Foundation: Slab
      • Roof: Composition
      Condition
      • Year built: 1985

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Septic Available, Water Available, Cable Available

      Community & HOA

      Community
      • Features: Trails/Paths
      • Security: Fire Alarm, Smoke Detector(s)
      • Subdivision: Emerald Estate Add
      HOA
      • Has HOA: No
      Location
      • Region: Southlake

      Financial & listing details

      • Price per square foot: $444/sqft
      • Tax assessed value: $723,083
      • Annual tax amount: $9,934
      • Date on market: 12/12/2025
      • Cumulative days on market: 230 days
      • Listing terms: Cash,Conventional,FHA,Texas Vet,VA Loan

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $3,266/mo

        Price history

        DateEventPrice
        5/22/2026Price change$950,000-5%$444/sqft
        Source: NTREIS #21114189 Report a problem
        5/3/2026Listed for sale$1,000,000$468/sqft
        Source: NTREIS #21114189 Report a problem
        4/29/2026Contingent$1,000,000$468/sqft
        Source: NTREIS #21114189 Report a problem
        3/18/2026Price change$1,000,000-9.1%$468/sqft
        Source: NTREIS #21114189 Report a problem
        12/4/2025Listed for sale$1,100,000$514/sqft
        Source: NTREIS #21104290 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,654 -19.8%$723,083
        2024$4,556 -30.8%$723,083 +3.2%
        2023$6,585 -4.8%$700,948 +49.3%
        2022$6,914 +0.1%$469,423 +1%
        2021$6,904 +1.2%$465,000
        2020$6,822 +1.3%$465,000 -7.3%
        2019$6,735 +1.2%$501,716 +41.8%
        2018$6,655 -8.3%$353,913 -25.3%
        2017$7,257 +8.5%$473,629 +44.4%
        2016$6,686 +9.3%$328,076 +23.4%
        2015$6,115 $265,900
        2014$6,115 $265,900 +13.6%
        2013-- $234,000 +0.6%
        2012-- $232,600 +6.9%
        2011-- $217,600 -0.2%
        2010-- $218,100 -4.9%
        2009-- $229,400
        2008-- $229,400
        2007-- $229,400 +11.4%
        2006-- $205,900
        2005-- $205,900 +5.1%
        2004-- $195,900
        2003-- $195,900 +0.1%
        2002-- $195,800 +23.1%
        2001-- $159,100
        2000-- $159,100
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 76092

        Getting around

        10 / 100
        Car-Dependent
        29 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Johnson
        • Middle: Carroll,Durham
        • High: Carroll
        • District: Carroll ISD

        Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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