A truly extraordinary offering in one of the nation's most prestigious communities, this approximately 40-acre property represents one of the last remaining large-scale land opportunities in Southlake, Texas. Currently improved with an existing school campus, the property presents a rare opportunity for investors, developers, institutions, or visionary end users seeking a significant land holding in one of the most supply-constrained luxury markets in North Texas.
With substantial acreage, prime positioning, and exceptional accessibility, the property offers compelling long-term potential. Subject to City of Southlake approvals, buyers may explore future rezoning and redevelopment opportunities, making this an exceptional strategic investment in a market where large, contiguous tracts have become increasingly scarce.
Southlake has earned a national reputation for its award-winning planning, exceptional quality of life, and enduring property values. Home to the acclaimed Carroll Independent School District, Southlake Town Square, premier dining, luxury shopping, and corporate executives from across the Dallas-Fort Worth Metroplex, the city continues to attract discerning residents and businesses seeking an unmatched lifestyle. Located just minutes from DFW International Airport and positioned along the Highway 114 corridor, Southlake offers convenient access to both Dallas and Fort Worth while maintaining the character of an exclusive suburban community.
As Southlake approaches full build-out, opportunities of this scale are exceptionally limited. Recent redevelopment of other large land holdings throughout the city further highlights the increasing scarcity and long-term value of substantial development sites.
To Make appointment to view the Property Contact Listing Agent for the Specific Dates and Times being Allowed and for information on how to registerd and submit your bids.
Lot/land
$21,890,000
801 Shady Oaks Dr, Southlake, TX 76092
--beds
--baths
39.14Acres
Improved Land
Built in 1999
39.14 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Substantial acreagePrime positioningExceptional accessibility
- 20 days
- 1,156
- 95
Zillow last checked:
Listing updated:
Listed by:
Roxann Taylor 0464877 817-312-7100,
Engel&Volkers Dallas Southlake 817-416-2700,
Dan Nicoloff 0653178 214-551-4121,
Engel & Volkers Dallas
Source: NTREIS,MLS#: 21355979
Facts & features
Interior
Property
Lot
- Size: 39.14 Acres
- Features: Acreage, Back Yard, Cleared, Lawn, Landscaped, Many Trees, City Lot
Details
- Parcel number: 06878504
- Zoning description: Community Service (CS) and Non-Residential Planned Unit Development (NR-PUD)
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available
Community & HOA
Community
- Subdivision: Carroll Isd 1 Add
HOA
- Has HOA: No
Location
- Region: Southlake
Financial & listing details
- Date on market: 8/10/2026
- Cumulative days on market: 20 days
- Listing terms: Cash
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/10/2026 | Listed for sale | $21,890,000 |
Source: NTREIS #21355979 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 76092
Nearby schools
Schools provided by the listing agent
- Elementary: Walnut Grove
- Middle: Carroll
- 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.


