Living in Southlake, TX
Tarrant County (also extends into Denton County)
Southlake is the ultra-affluent, master-planned end of this batch -- one of the wealthiest suburbs in the entire DFW metro, with a median home sale price north of $1.3 million as of mid-2026, more than three times the Dallas or Fort Worth city-proper figures. It's built around top-rated public schools (Carroll ISD is a long-running draw for families prioritizing school quality above nearly everything else) and a genuinely walkable town-center development, Southlake Town Square, that's unusual for a suburb this affluent and car-oriented in most other respects. This is a destination for buyers who have already decided budget isn't the constraint and schools/safety are.
Explore Southlake in depth
- Moving to Southlake: Pros, Cons & What to Know
- Cost of Living in Southlake
- Housing Market in Southlake
- Buying a Home in Southlake
- Renting in Southlake
- Taxes in Southlake
- Homeowners Insurance & Natural Hazard Costs in Southlake
- Climate & Weather in Southlake
- Jobs & Economy in Southlake
- Schools in Southlake
- Crime & Safety in Southlake
- Healthcare in Southlake
- Traffic & Transportation in Southlake
- Best Areas to Live in Southlake
- Pros and Cons of Living in Southlake
- Retiring in Southlake
- Who Should / Shouldn’t Move to Southlake
Exploring the idea of moving?
We can connect you with a local real estate professional who knows the area -- no pressure, just a starting point.
Learn moreHousing
Redfin cited $1,389,244 for the trailing month, down 5.8% YoY -- other 2026 sources put the range closer to $1.2M-$1.37M depending on the month (Zillow ~$1.31M in April; Orchard $1.37M in its most recent 30-day window). Southlake's luxury market softened somewhat through the first half of 2026, but the figure is roughly 3.5x-4x the DFW-wide Dallas/Fort Worth city medians cited in the Tier A batch either way.
Taxes
Not independently sourced at the Tarrant County (also extends into Denton County) level this session. Texas carries no income tax statewide. See the Texas hub page for the statewide property tax context -- do not treat that figure as Southlake-specific.
Want to know what your budget actually buys here?
Tell us a bit about what you're looking for and we'll connect you with someone local who can walk you through real numbers.
Get local guidanceThe tradeoffs
Pros
Among the most affluent, top-school-rated suburbs in the entire DFW metro; Southlake Town Square gives it a genuinely walkable mixed-use center most peer suburbs lack; strong safety profile.
Cons
Housing cost is the defining constraint -- a median sale price well above $1.3M puts it out of reach for most relocating buyers; shares the same North Texas hail/tornado exposure and elevated homeowners insurance costs as the rest of the metro, now on a much larger insured home value.
Who this fits
Best for: Luxury buyers and families for whom top-rated schools and safety are the priority and budget is not the primary constraint.
Maybe not for you if: Buyers with a DFW-typical or below-average budget should look at Grand Prairie, Denton, or Allen in this batch instead -- Southlake is not a realistic comparison point for affordability-driven relocation.
Planning a move?
Tell us what you're looking for and we'll connect you with a local expert who can help you make it happen.
Talk to a local expert