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    875 Lake Wood Dr, Southlake, TX 76092

    4beds
    2,731sqft
    Single Family Residence
    Built in 1981
    1.27 Acres Lot
    $1,165,700 Zestimate®
    $--/sqft
    $4,588 Estimated rent

    Home value

    $1,165,700

    $1.08M - $1.25M

    $4,588/mo

    Zestimate® history
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    What's special

    Rarely does a property combine expansive privacy with premier urban walkability like this exceptional 1.27-acre Southlake oasis. Situated on a magnificent lot shaded by a canopy of gorgeous, mature trees just off Carroll Avenue, this estate offers a rare acreage lifestyle with unmatched convenience. Step inside the 2,731-square-foot single-family home to find a fantastic, highly functional floor plan featuring 4 bedrooms, 2.5 bathrooms, and gorgeous wood- tile floors that flow throughout the living spaces. Perfect for both daily living and entertaining, the layout seamlessly connects to the outdoors, putting you within walking distance of world-class shopping and dining at Southlake Town Square, community events like Art in the Square, and the annual fireworks—all with the freedom of NO HOA. Providing ultimate peace of mind, the home features a robust list of premium infrastructure updates, including a newly installed on-site septic system (Dec '25), a brand-new HVAC system (March '26), a new water heater (March '26), an upgraded irrigation system (Feb '26), and a Class 4 impact-resistant roof. For vehicle enthusiasts or recreational storage, the property boasts an oversized 4-car garage fully equipped with a dedicated 30-AMP RV plug. Whether you choose to enjoy this lovely estate as it sits, customize it to your exact taste, or capitalize on one of the finest lots in the area, this property represents an extraordinary and versatile real estate opportunity.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kristin Young 0619110 817-481-5882,

    Ebby Halliday, REALTORS 817-481-5882

    Bought with:

    Unrepresented Buyer

    NON MLS

    Source: NTREIS,MLS#: 21282558

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Primary bedroom
    • Level: First
    • Dimensions: 17 x 17
    Bedroom
    • Level: First
    • Dimensions: 13 x 12
    Bedroom
    • Level: First
    • Dimensions: 12 x 11
    Bedroom
    • Level: First
    • Dimensions: 12 x 14
    Breakfast room nook
    • Level: First
    • Dimensions: 11 x 10
    Dining room
    • Level: First
    • Dimensions: 14 x 11
    Kitchen
    • Level: First
    • Dimensions: 19 x 10
    Laundry
    • Level: First
    • Dimensions: 12 x 8
    Living room
    • Level: First
    • Dimensions: 21 x 18
    Office
    • Level: First
    • Dimensions: 14 x 9
    Heating
    • Central, Fireplace(s), Natural Gas
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dishwasher, Electric Cooktop, Electric Oven
    • Laundry: Washer Hookup, Laundry in Utility Room
    Features
    • High Speed Internet, Cable TV
    • Flooring: Tile
    • Has basement: No
    • Number of fireplaces: 1
    • Fireplace features: Glass Doors, Masonry
    Interior area
    • Total interior livable area: 2,731 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage
    • Attached garage spaces: 4
    Features
    • Levels: One
    • Stories: 1
    • Pool features: None
    • Fencing: Back Yard,Wood,Wrought Iron
    Lot
    • Size: 1.27 Acres
    • Features: Sprinkler System
    Details
    • Parcel number: 01568884

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional,Detached
    • Property subtype: Single Family Residence
    Materials
    • Foundation: Slab
    • Roof: Composition
    Condition
    • Year built: 1981

    Utilities & green energy

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

    Community & HOA

    Community
    • Subdivision: Lakewood Acres #1 Add Southlk
    HOA
    • Has HOA: No
    Location
    • Region: Southlake

    Financial & listing details

    • Tax assessed value: $975,264
    • Annual tax amount: $11,702
    • Date on market: 5/28/2026
    • Cumulative days on market: 4 days
    • Listing terms: Cash,Conventional,VA Loan

    Price history

    DateEventPrice
    6/15/2026Sold--
    Source: NTREIS #21282558 Report a problem
    6/12/2026Pending sale$1,155,000$423/sqft
    Source: NTREIS #21282558 Report a problem
    6/2/2026Contingent$1,155,000$423/sqft
    Source: NTREIS #21282558 Report a problem
    5/28/2026Listed for sale$1,155,000$423/sqft
    Source: NTREIS #21282558 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,570 -15.5%$975,264
    2024$3,042 -43.5%$975,264 -9.8%
    2023$5,388 -2.7%$1,081,751 +31.1%
    2022$5,539 +2%$824,972 +36%
    2021$5,433 +1.8%$606,641 -0.7%
    2020$5,336 +1.7%$610,623 -2.8%
    2019$5,248 +1.5%$628,159 +76.6%
    2018$5,168 +1.4%$355,776 -30.6%
    2017$5,096 +2.2%$512,843 +6.7%
    2016$4,987 -1%$480,671 +79.8%
    2015$5,036 $267,300
    2014$5,036 $267,300
    2013-- $267,300 +0.5%
    2012-- $266,000
    2011-- $266,000 -0.3%
    2010-- $266,900 -5.6%
    2009-- $282,600
    2008-- $282,600 +5.6%
    2007-- $267,600
    2006-- $267,600
    2005-- $267,600
    2004-- $267,600 +2.5%
    2003-- $261,100 +20.6%
    2002-- $216,500 +25.3%
    2001-- $172,800
    2000-- $172,800
    Find assessor info on the county website

    Neighborhood: 76092

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Walnut Grove
    • 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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    Estimated market value
    $1,165,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,165,700