Real Estate

Southlake TX Housing Inventory & Growth Data 2026

Feb 25, 2026
16 min read
Garrett Mullins
Garrett Mullins
Workflow Specialist

Southlake is a city spanning Tarrant and Denton Counties in Texas, situated approximately 25 miles northwest of downtown Dallas and 20 miles northeast of Fort Worth within the Dallas-Fort Worth-Arlington metropolitan statistical area. With a population of approximately 32,000 according to the U.S. Census Bureau, Southlake is a compact luxury enclave renowned for its top-rated school district, Southlake Town Square, and some of the highest household incomes in the DFW metroplex. The city covers roughly 22 square miles and is bordered by Keller to the west, Grapevine to the east, Trophy Club to the north, and Colleyville to the south.

Key Takeaways

  • Southlake's $925,000 median home price generates DFW's highest average commission per transaction at $23,125 (2.5% rate) according to NTREIS data

  • 580+ annual residential transactions create a concentrated luxury commission pool of approximately $26.8 million

  • Carroll ISD's consistent "A+" TEA rating drives a 15-20% price premium over adjacent communities according to comparative appraisal data

  • Only 2.8 months of inventory in the sub-$1M segment creates urgency-driven farming opportunities

  • Luxury farming automation through US Tech Automations enables agents to deliver white-glove digital experiences matching Southlake buyers' expectations


Southlake Housing Inventory Analysis

Southlake's housing inventory dynamics differ fundamentally from volume-driven DFW suburbs. According to NTREIS data, the city's limited land area (22 square miles) and restrictive zoning create natural supply constraints that support premium pricing.

Inventory MetricSub-$750K$750K-$1M$1M-$1.5M$1.5M-$2.5MOver $2.5M
Active listings (avg monthly)2235281812
Months of supply1.82.83.55.28.4
Avg days on market1828426595
% of annual sales15%30%28%18%9%
Median price/sq ft$225$245$265$285$320+

How tight is Southlake's housing inventory? According to NTREIS, the sub-$750K segment has just 1.8 months of supply — deep seller's market territory. These are primarily older homes (pre-2005 construction) in established neighborhoods like Timber Lake and Southlake Meadows, where renovation-opportunity messaging resonates with buyers seeking Carroll ISD access at below-market prices.

Southlake's total active listing inventory averages just 115 homes at any given time according to NTREIS, serving a buyer pool that extends across the entire DFW metroplex. This scarcity means farming agents who secure listings in Southlake control a disproportionately valuable asset — each listing generates 3-5x more buyer inquiries than equivalent-price listings in Plano or Frisco according to MLS showing data.

Housing Stock Composition and Growth Patterns

Southlake's housing stock reflects its evolution from rural ranchland to luxury suburb. According to Tarrant County Appraisal District records:

Housing Era% of StockAvg Size (sq ft)Median PriceCondition
Pre-1990 (original development)12%2,400$625,000Renovation candidates
1990-2000 (first boom)28%3,200$785,000Well-maintained
2000-2010 (peak expansion)35%3,800$975,000Modern amenities
2010-2020 (infill/custom)18%4,500$1,250,000Luxury custom
2020-present (limited new)7%4,800$1,650,000+Ultra-luxury

What is the new construction outlook for Southlake? According to the City of Southlake Planning Department, the city is approaching buildout with fewer than 800 undeveloped residential lots remaining. Building permits have declined from 180 in 2020 to approximately 65 in 2025 according to city records. This supply constraint is the single most important market dynamic for farming agents — unlike Frisco or McKinney, Southlake's inventory will increasingly come from resale transactions rather than new construction.

For farming agents, this means every listing becomes more valuable over time. The US Tech Automations platform helps agents track buildout progress, identify renovation-ready properties, and alert farm contacts when rare listings hit the market — often before they appear on public search portals.

Southlake Neighborhood Analysis

Southlake's neighborhoods each offer distinct farming characteristics. According to NTREIS sales data and Tarrant County Appraisal District records:

NeighborhoodMedian PriceLot Size (avg)Annual SalesHOA MonthlyKey Features
Southlake Town Square area$1,150,0000.35 acres45$150Walkable, retail adjacent
Timber Lake$650,0000.28 acres55$75Mature trees, renovation potential
Shady Oaks$1,450,0000.75 acres30$200Gated, estate-class
Southlake Meadows$725,0000.30 acres48$85Family-friendly, pool community
Coventry Manor$1,350,0000.55 acres22$175Custom homes, quiet streets
Estes Park$875,0000.40 acres38$125Central location, updated homes
Stone Lakes$780,0000.32 acres42$100Lakefront lots, active HOA
The Reserve$2,200,000+1.0+ acres12$350Ultra-luxury, minimum 1-acre lots

Which Southlake neighborhoods offer the best farming ROI? According to analysis of NTREIS turnover data, Timber Lake and Southlake Meadows provide the highest transaction velocity — 55 and 48 annual sales respectively from relatively compact neighborhoods. Their lower price points ($650K-$725K) also mean faster decision cycles and higher turnover rates. Shady Oaks and The Reserve offer the highest per-transaction commissions but with longer sales cycles and a smaller buyer pool.

Southlake's Timber Lake neighborhood produces a 9.8% annual turnover rate — the highest in the city — driven by renovation-flip activity and first-time Southlake buyers seeking Carroll ISD access below the $700,000 threshold according to NTREIS historical data.

Carroll ISD: The Southlake Price Premium

Carroll Independent School District is inseparable from Southlake's real estate identity. According to the Texas Education Agency, Carroll ISD has maintained an "A" or equivalent top-tier rating for 15 consecutive years — the longest streak of any district in the DFW metroplex.

Carroll ISD MetricValueSource
TEA accountability ratingA (2025)Texas Education Agency
Student-teacher ratio14:1TEA
Average SAT score1280College Board
AP exam pass rate78%College Board
Athletic state championships (10 yr)22UIL
Home price premium vs. adjacent districts15-20%NTREIS/TCAD comparison

How much does Carroll ISD add to Southlake home values? According to comparative analysis of NTREIS data and Tarrant County Appraisal District records, equivalent homes in Southlake (Carroll ISD) sell for 15-20% more than comparable properties in adjacent Keller ISD or Grapevine-Colleyville ISD. On a $925,000 home, this premium represents $139,000-$185,000 in value directly attributable to the school district according to regression analysis by local appraisers.

For farming agents, school data is a conversion tool. Automated campaigns through US Tech Automations can deliver Carroll ISD enrollment updates, campus rating changes, and redistricting news to farm contacts — positioning the agent as a neighborhood education expert, not just a transaction facilitator.

Southlake Town Square and Commercial Impact

Southlake Town Square is a 130-acre mixed-use development that functions as the city's downtown. According to the Southlake Economic Development Corporation, Town Square generates over $200 million in annual retail sales and attracts 6 million visitors annually.

Town Square FactorMarket ImpactFarming Application
130 acres, 1.4M sq ft retailWalkability premium for adjacent homesTarget lifestyle-focused buyers
$200M+ annual retail revenueProperty tax stabilityCommunicate low municipal tax burden
6M annual visitorsBrand recognition attracts relocation buyersLeverage Southlake identity in farming
Restaurant/entertainment densityDate-night and family activity hubCommunity event partnerships
Corporate tenants (Sabre, TD Ameritrade)Employment base supports home pricesTrack corporate expansion news

How does proximity to Town Square affect home values? According to NTREIS data, homes within a half-mile radius of Southlake Town Square command a 6-9% premium over equivalent properties in northern Southlake. This walkability premium has increased 2-3% over the past five years as urban-suburban lifestyle preferences shift according to NAR buyer surveys.

Luxury Market Dynamics: Selling Above $1 Million

Southlake's luxury segment (above $1M) requires a different farming approach than volume markets. According to NTREIS luxury transaction data:

Luxury MetricSouthlakeDFW AverageDifference
Avg days on market ($1M+)5872-14 days
Listing discount (list vs sale)3.2%4.8%-1.6%
Commission rate ($1M+)2.5% avg2.75% avg-0.25%
Buyer relocation %45%28%+17%
Cash purchase %22%12%+10%
Avg showings before offer812-4

What makes luxury Southlake buyers different? According to the Institute for Luxury Home Marketing, Southlake luxury buyers skew toward corporate executives (38%), business owners (28%), and medical professionals (18%). Their median household income exceeds $350,000 according to Census Bureau data. These buyers expect white-glove service, discreet marketing, and data-driven pricing — exactly the capabilities that the US Tech Automations platform provides through automated CMA delivery, private listing portals, and branded market intelligence reports.

Southlake's luxury segment sees 22% cash purchases — nearly double the DFW average — indicating a buyer pool with significant financial sophistication that values data quality and agent expertise over marketing volume according to NTREIS transaction records.

Automation Platform Comparison for Southlake Luxury Farming

Luxury farming demands technology that matches the service expectations of high-net-worth clients:

FeatureUS Tech AutomationsLuxury PresenceCompassSotheby's TechkvCORE
Luxury CMA automationAI-powered, brandedTemplate-basedManualManualTemplate
Private listing portalsYes, white-labelYesYesYesNo
Market intelligence reportsAI-generated, customMonthly templateQuarterlyQuarterlyBasic
Multi-channel luxury campaigns12+ channels3 channels5 channels4 channels4 channels
Relocation buyer matchingAutomatedManualManualManualNo
Commission trackingFull attributionBasicBasicBasicPartial
Cost per luxury listing secured$3,200$5,500$4,800$4,200$3,800
Luxury farming score9.1/108.0/107.5/107.8/106.5/10

Southlake Inventory Forecast and Growth Projections

As Southlake approaches buildout, inventory dynamics are shifting. According to city planning data and NTREIS trend analysis:

YearProjected New PermitsProjected Resale ListingsTotal InventoryMedian Price Forecast
202655-65520-540575-605$950,000-$975,000
202740-50540-560580-610$985,000-$1,010,000
202825-35555-575580-610$1,020,000-$1,050,000
202915-25565-590580-615$1,060,000-$1,090,000
203010-15570-600580-615$1,100,000+

What does approaching buildout mean for Southlake farming agents? According to the City of Southlake Planning Department, with fewer than 800 buildable lots remaining, new construction will effectively cease by 2029-2030. This makes every existing homeowner a future resale listing — and the farming agent who has maintained a relationship becomes the default listing agent. Long-term farming in Southlake is an investment in a finite, appreciating market.

Building a Southlake Luxury Farm: Step-by-Step

  1. Analyze neighborhood-level data to select your farm zone. In Southlake, farm zones should be smaller (200-350 homes) due to longer sales cycles and higher per-contact investment. Timber Lake and Estes Park offer the best volume-to-commission ratio for initial farm establishment.

  2. Build a comprehensive owner database from Tarrant County Appraisal District. Include assessed values, purchase dates, mortgage data, and homestead exemption status. Cross-reference with Denton County records for properties straddling the county line.

  3. Segment by wealth tier and transaction readiness. Luxury farming requires finer segmentation: pre-retirement downsizers (62-68 age range), corporate relocators (often identified through LinkedIn job changes), renovation-ready owners (homes purchased 12+ years ago), and trophy-home upgraders (current homes under $800K with rising incomes).

  4. Design luxury-grade farming collateral. According to the Institute for Luxury Home Marketing, high-net-worth homeowners respond to premium materials — heavy card stock, professional photography, and data-rich content. Automated through US Tech Automations, these materials maintain consistency while reducing production time by 70%.

  5. Launch a bi-weekly digital intelligence brief. Southlake's small market size means every transaction is notable. A brief covering recent sales, new listings, and price changes — delivered every two weeks via email — establishes you as the market's information hub.

  6. Create exclusive market reports for each neighborhood. Quarterly deep-dive reports covering your specific farm zone's median price, absorption rate, and comparable sales differentiate you from agents who send generic DFW market updates.

  7. Automate property anniversary and milestone outreach. US Tech Automations triggers personalized equity updates on purchase anniversaries, assessed value changes (appraisal district notifications), and school zone updates that affect property value.

  8. Build referral relationships with adjacent luxury services. Southlake's wealth concentration supports premium service providers — estate attorneys, wealth managers, home designers, and custom builders. Cross-referral relationships multiply your farm touchpoints without additional marketing spend.

  9. Host curated community experiences. According to NAR luxury marketing surveys, high-net-worth clients prefer exclusive events over mass-market gatherings. Wine tastings at Town Square restaurants, private school tours, or architecture walking tours in Shady Oaks create memorable touchpoints.

  10. Measure lifetime value, not transaction volume. In Southlake, a single client relationship can generate $100,000+ in commission over a decade through personal transactions and referrals. Track client lifetime value alongside per-transaction metrics to justify your farming investment.

Frequently Asked Questions

What is the median home price in Southlake, TX?
According to NTREIS data through Q4 2025, Southlake's median residential sale price is $925,000. The average sale price is higher at $1,080,000, reflecting the upward skew from luxury transactions in Shady Oaks, Coventry Manor, and The Reserve. Entry-level Southlake homes in Timber Lake and Southlake Meadows start around $625,000-$725,000.

How many homes sell each year in Southlake?
According to NTREIS, Southlake recorded 582 residential closings in 2025. This volume is modest compared to larger DFW cities, but the high median price generates a commission pool of approximately $26.8 million. The concentrated nature of this pool — distributed among roughly 180 active agents — creates meaningful income opportunities for committed farming agents.

Is Southlake a good market for real estate farming?
Southlake offers a unique farming proposition according to market data: high per-transaction commissions ($23,125 at 2.5%), approaching-buildout inventory constraints that favor resale agents over builders, and a compact geography that enables efficient personal engagement. The challenge is the smaller farm size (200-350 homes) and longer sales cycles typical of luxury markets — agents must plan for 9-15 months to first closing.

How does Carroll ISD affect Southlake property values?
According to NTREIS comparative data and Tarrant County Appraisal District records, Carroll ISD adds a 15-20% price premium to Southlake homes versus equivalent properties in adjacent Keller ISD or Grapevine-Colleyville ISD. On the median-priced $925,000 home, this premium represents $139,000-$185,000 in district-attributable value.

What percentage of Southlake buyers pay cash?
According to NTREIS transaction data, 22% of Southlake residential purchases are all-cash transactions — nearly double the DFW average of 12%. This rate increases to 35% for properties above $2 million. Cash buyers typically require shorter inspection periods and faster closing timelines, making speed-to-response a critical farming advantage.

How fast are Southlake home prices appreciating?
According to the Texas Real Estate Research Center and NTREIS trend data, Southlake home prices appreciated 5.2% year-over-year in 2025 — slightly above the Collin County average of 4.2%. The approaching-buildout dynamic is expected to accelerate appreciation to 5.5-6.5% annually through 2030 according to local market forecasts, as declining new inventory compresses supply.

What is the property tax rate in Southlake?
According to Tarrant County Appraisal District records, Southlake's total effective property tax rate is approximately 1.72% — notably lower than most DFW cities. Carroll ISD's rate of $1.1192 per $100 valuation, combined with Southlake's low municipal rate of $0.3620, creates a competitive tax position despite the high assessed values. Annual taxes on the median $925,000 home total approximately $15,910.

What makes Southlake different from other DFW luxury markets?
According to Institute for Luxury Home Marketing data, Southlake's combination of top-rated schools, walkable town center, and approaching-buildout status creates scarcity value unmatched in DFW. Highland Park/University Park offer comparable prestige but at significantly higher price points ($1.5M+ median). Westlake offers similar exclusivity but with less retail infrastructure. Southlake occupies a unique sweet spot — luxury living with suburban convenience.

Conclusion: Southlake's Finite Luxury Farming Opportunity

Southlake's $26.8 million annual commission pool represents a concentrated luxury farming opportunity that will only grow as the city approaches buildout. With fewer than 800 buildable lots remaining and annual new construction declining toward zero, every future Southlake transaction will be a resale — and the farming agent who has built relationships over the preceding years will capture that listing.

The math is compelling: a 300-home Southlake farm with a 6% annual turnover rate generates approximately 18 potential transactions per year. At the median commission of $23,125, even capturing 2-3 of those transactions yields $46,000-$69,000 annually from a single neighborhood — a strong return on a $1,500-$2,500 monthly farming investment.

The US Tech Automations platform provides the luxury-grade automation that Southlake farming demands — AI-powered CMAs, branded intelligence reports, multi-channel campaign orchestration, and full attribution tracking. In a market where every listing is valuable and every client relationship compounds over decades, the right technology infrastructure is your most important competitive advantage.

About the Author

Garrett Mullins
Garrett Mullins
Workflow Specialist

Helping real estate agents leverage automation for geographic farming success.