800 Lodestar Drive, Southlake, Texas 76092
$2,350,000
Price Reduced: $100,000Gallery
Description
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.
Property Details
Residential
21214103
3
4.00
2305 sqft
2
1971
4.5090
$1,019.52
$14044
N/A
Freshhour 33 Survey Abstract
Interior Features
Central,Natural Gas
Central Air,Electric
Ceramic Tile,Luxury Vinyl Plank,Slate
Cable TV Available,Decorative Lighting,Double Vanity,Eat-in Kitchen,Flat Screen Wiring,Granite Counters,Kitchen Island,Open Floorplan,Pantry,Vaulted Ceiling(s),Walk-In Closet(s)
Schools
Keller ISD
Florence
Keller
Keller
Directions
View on Google MapsFrom Davis Blvd turn West on Florence and South on Lodestar. Property is about one eighth of mile on the right.
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