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Home/Texas homes/800 Lodestar Drive
LANDMLS 21225669

$2,350,000

800 Lodestar Drive · Southlake, TX, 76092

Lot
4.51 acres
Year built
1971
Type
ImprovedLand

About this home

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, major employment centers, and Open Enrollment to award-winning Carroll ISD schools. 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.

Details

ImprovedLandBuilt 19714.51 acres lotFreshhour 33 Survey AbstractActiveMLS 21225669
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Listing courtesy of Keller Williams Realty. Listing data provided by the participating MLS via Trestle (CoreLogic). Information deemed reliable but not guaranteed.