Southlake TX: The Place to Buy a Home in 2023
Why Southlake TX is a Great Place to Call Home
Southlake TX is a vibrant and thriving city located in the Dallas-Fort Worth Metroplex. The city is known for its excellent school system, low crime rate, and beautiful parks. Southlake TX is also home to many large businesses, plenty of shopping and dining destinations, and a wide range of recreational activities. If you’re looking for a place to call home in 2023, Southlake TX is definitely worth considering.
Southlake TX Real Estate Market Overview
The Southlake TX real estate market is strong and growing. The median home value in Southlake TX is currently around $402,000, which is up 4.3% from last year. This is higher than the national median home value of $218,000. The median list price per square foot in Southlake TX is $172, which is higher than the Dallas-Fort Worth Metroplex average of $145. The median rent price in Southlake TX is $2,150, which is higher than the Dallas-Fort Worth Metroplex average of $1,600.
Homes for Sale in Southlake TX
Southlake TX has a wide range of homes for sale, from single-family homes to luxury estates. Prices range from around $200,000 to over $1 million. The median listing price for homes in Southlake TX is currently around $400,000. There are many neighborhoods to choose from, including the Lakes of Southlake, Stone Lakes, and Southridge.
Stone Lakes
Stone Lakes is a beautiful and established neighborhood in Southlake TX. The homes in Stone Lakes are typically large, single-family homes with modern amenities. The average home in Stone Lakes is three to four bedrooms, two to three bathrooms, and has an average square footage of 2,500. Homes in Stone Lakes are priced around $600,000.
The Lakes of Southlake
The Lakes of Southlake is a newer neighborhood in Southlake TX. The homes in The Lakes of Southlake are typically larger than those in Stone Lakes, ranging from three to four bedrooms and three to four bathrooms. The average square footage for homes in The Lakes of Southlake is around 3,000. Homes in The Lakes of Southlake are priced around $800,000.
Southridge
Southridge is a newer neighborhood in Southlake TX. The homes in Southridge are typically larger than those in The Lakes of Southlake and Stone Lakes, ranging from four to five bedrooms and three to four bathrooms. The average square footage for homes in Southridge is around 4,000. Homes in Southridge are priced around $1 million.
Buying a Home in Southlake TX in 2023
If you’re looking to buy a home in Southlake TX in 2023, now is the time to start planning. The Southlake TX real estate market is strong and growing, so it’s important to have a strategy in place. Working with a knowledgeable and experienced real estate agent will help you find the perfect home for you and your family in Southlake TX.