800 Lodestar Drive

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.