Learn how to live, work, and play in the ever-stunning community of Southlake and find waterfront homes for sale with top-producing Southlake real estate agent, Sherri Murphy.
What is the housing market like in Southlake today? In August 2024, Southlake home prices were up 4.6% compared to last year, selling for a median price of $1.3M. On average, homes in Southlake sell after 47 days on the market compared to 35 days last year. There were 36 homes sold in August this year, down from 51 last year.
Median Sale Price
# of Homes Sold
Median Days on Market
Your Comprehensive
By Sherri Murphy
Southlake, TX is a high end suburb inside the Dallas-Fort Worth metroplex known for its beautiful homes, great schools and active community. This city offers the best of both worlds, the peace of suburban living and the convenience of urban amenities. The real estate in Southlake has a wide range of properties from single family homes to estates to townhomes. Home buyers are drawn to Southlake for its top rated schools, plenty of recreational activities and strong sense of community so it’s a great place to live and invest.
Living in Southlake means a lifestyle that combines the quiet of suburban living with the benefits of being close to two major cities. The community is known for its well kept neighborhoods, beautiful parks and plenty of recreational activities. Residents love the area’s cultural scene, great dining and easy access to both Dallas and Fort Worth. Whether you’re shopping and dining local, attending community events or enjoying the peace of your beautiful home, Southlake is the best of everything. With its natural beauty and modern amenities Southlake is a hot spot for home buyers looking for a balanced and fulfilling lifestyle.
Southlake's waterfront homes are situated near the area's beautiful lakes and ponds, offering peaceful views and a serene living experience. While enjoying these scenic vistas, residents also benefit from being just a short drive away from major cities like Dallas and Fort Worth, making Southlake the perfect blend of natural beauty and convenience.
The Southlake real estate market is filled with luxurious waterfront homes, ranging from custom-built estates to contemporary homes with modern amenities. Many waterfront properties feature expansive views, private docks, and outdoor living spaces that allow residents to fully embrace the serene beauty of the water. These homes offer the perfect mix of elegance, privacy, and natural beauty.
Southlake enjoys a warm climate with hot summers and mild winters, allowing for outdoor activities year-round. Waterfront homeowners can take full advantage of this weather, whether it’s lounging by the water in the summer or enjoying the mild temperatures in the winter.
Southlake is known for its vibrant community, with local events, outdoor activities, and a family-oriented environment. The town offers numerous recreational opportunities, including parks, sports leagues, and community festivals that bring neighbors together. Waterfront living enhances this experience by providing direct access to outdoor water activities like fishing and kayaking.
Southlake provides a wealth of upscale amenities, including premier shopping at Southlake Town Square, luxury spas, and high-end fitness centers. Residents of waterfront homes can enjoy easy access to all these conveniences, while still taking in the natural beauty of their surroundings.
Southlake is home to affluent families and professionals who appreciate the area's luxurious homes, excellent schools, and high standard of living. The community’s exclusive waterfront properties attract buyers seeking a prestigious address with access to both natural beauty and a strong local economy.
Southlake’s dining scene is a blend of casual eateries and upscale restaurants. From waterfront dinners to fine dining establishments like Truluck's and Del Frisco's Grille, Southlake offers a wide variety of culinary experiences. Residents can enjoy local favorites or venture into nearby cities for more world-class dining options.
Located near Highway 114, Southlake offers easy access to the Dallas-Fort Worth metro area. The close proximity to Dallas/Fort Worth International Airport allows for convenient travel, while well-maintained local roads make commuting or running daily errands a breeze.
The highly acclaimed Carroll Independent School District serves Southlake, offering some of the best public schools in Texas. The area's focus on education, combined with proximity to private school options, makes it a prime choice for families prioritizing top-tier academic opportunities.
Southlake, TX, offers luxury living with beautiful waterfront properties, excellent schools, and proximity to Dallas-Fort Worth. Waterfront homes in Southlake provide stunning views, recreational opportunities, and a strong community atmosphere, making them perfect for families, professionals, and retirees.
Southlake offers a variety of waterfront homes, including single-family estates, custom-built homes, and luxury properties. These homes come in a range of architectural styles, from contemporary to traditional, to suit your personal taste.
Waterfront homes in Southlake typically start around $1 million and can exceed $5 million, depending on the size, location, and features of the property. The high demand for waterfront properties contributes to a robust real estate market.
Waterfront homes in Southlake often include open floor plans, large windows with water views, gourmet kitchens, and outdoor living spaces like patios and decks. Many of these homes also have private pools, boat docks, and luxury amenities such as smart home systems and home theaters.
You can find waterfront homes for sale in Southlake by browsing online listings, attending open houses, or working with a local expert. For personalized assistance and access to exclusive listings, contact Sherri Murphy, a trusted real estate agent specializing in Southlake waterfront properties.
When buying a waterfront home in Southlake, consider the property’s location, water access, proximity to top-rated schools, and the condition of the home. Also, look into local regulations regarding waterfront properties, homeowners association (HOA) fees, and potential for appreciation in property value.
Yes, Southlake has new construction waterfront homes that offer the latest in modern design, energy-efficient features, and customizable options. These homes are often located in master-planned communities and offer luxurious waterfront living with additional amenities.
Popular neighborhoods in Southlake for waterfront homes include The Cliffs at Clariden Ranch, offering luxury estates with private water views; Timarron, known for golf course and water features; and The Lakes of La Paloma, a serene community with lakefront homes and upscale amenities.
Residents of Southlake waterfront homes enjoy access to nearby parks, nature trails, and recreational facilities. The area also offers upscale shopping and dining at Southlake Town Square, top-rated schools, and easy access to highways and DFW International Airport.
Living in Southlake significantly increases the value of waterfront homes due to the high demand for luxury properties and the city’s excellent reputation. Waterfront homes offer strong appreciation potential, making them a smart investment in Southlake’s thriving real estate market.
Buying a waterfront home is one of the most exciting milestones of your life. To prepare yourself for this moment, you need to know what to expect during the process. This step-by-step first time buyer’s guide created by your agent will help reduce the stress of buying a home and help you enjoy the journey as much as possible.
Do you already know where you want to buy? If you want a condo, townhome, or single-family home? Which features do you like and dislike? What’s available on the market now? If you answered no to any of these questions, now is the time to start researching. In addition to looking for homes that interest you, also take note of any changes in asking prices. This could give you valuable insight into housing trends in specific neighborhoods and help you when the time comes to make an offer.
Notice I said to decide on your budget—not determine how much the mortgage company will give you. In many cases, a mortgage company will pre-approve you for more than you’re comfortable spending, which is why you need to determine the monthly payment you feel comfortable with before talking to a lender. This likely includes doing a full household budget and taking into consideration what changes other than a mortgage payment will occur once you move into your new home. If you’ve lived in an apartment or with roommates, you may overlook new expenses like garbage, water, or HOA fees that could easily blow your budget.
Just because you think you can afford a certain payment every month doesn’t mean the mortgage company will agree. Just as they may approve you for too large of an amount, they may also approve you for a lesser amount or deny you a mortgage altogether. Lack of time at a job, insufficient credit, past bankruptcies, or other financial issues can cause major problems when trying to secure a mortgage. Before you get your heart set on a home, talk to a mortgage professional to find out what amount you can qualify for. This will also be an advantage when you make an offer on a home, as some sellers won’t entertain offers from those who aren’t already prequalified for a loan.
Can you shop for, look at, and ultimately make an offer on a home without a real estate agent? Technically yes, but why would you when it costs you nothing for an agent like me to take much of the stress off your shoulders? Not only will I help identify properties you might be interested in, arrange showings, and ultimately handle the offer process, but I also have a knowledge of the market that you don’t possess. Finding the perfect home can be a daunting task, this is where my expertise and wealth of knowledge come into play. Let me show you around some homes that meet your dream home criteria so you can find the one that's right for you.
This should be the most enjoyable step of the entire process (other than moving in!). I will arrange showings of homes you’re interested in that are within your price range. Take notes about what you like and don’t like, and make sure to pay attention to details. Turn light switches on and off, open and close doors, and run the faucets in various rooms. Don’t limit your inspection to the home itself. Make sure to take time to explore the neighborhood and keep an eye on traffic at certain times of the day, the parking situation, and how close it is to necessities like schools and grocery stores.
Once you have selected the perfect home, work with your agent to craft a fair offer based on the value of comparable homes on the market. Depending on what the home is listed at and whether the current environment is a buyer’s or seller’s market, your offer may be below, at, or even above the asking price. I will be able to help you negotiate if you receive a counteroffer and reach an agreement. At this point, the house will go into escrow.
In most cases, your offer will be contingent on having the home inspected to ensure there is no major structural damage or large repairs needed. I can help you arrange this, and you can schedule it within days of making an offer. If there are no major issues, the process goes to step eight. If there is, you can renegotiate your offer based on what needs to be fixed, or you can withdraw it.
Now is the time to go back to the mortgage lender who pre-approved or pre-qualified you and choose your mortgage. You will be presented with various options based on your unique financial situation, including fixed-rate, variable-rate, 15-year, 30-year, or special programs such as VA loans or FHA loans. Work with your mortgage lender to select the option you feel the most comfortable with.
Your lender will have your new home appraised so they have their independent value of it. The appraisal is to ensure that all parties involved are paying a fair price for the house.
No one looks forward to all the paperwork involved in buying a home, but it’s a necessary part of the process. Fortunately, everything will be arranged by your lender and title company and, when you’re finished, you’ll know you are the legal owner of your new home.
After signing the final paperwork to complete the purchase, you are now the owner of a new house. It may take a few days for your loan to be funded once the paperwork has been returned to the lender, but once that check is delivered to the seller, you’ll be all set to move into the home of your dreams.
Sherri Murphy | October 8, 2024
Maximizing Your Home's Value with Strategic Timing.
Sherri Murphy | October 8, 2024
Navigating the Dynamic Real Estate Landscape: Top Inquiries of the Year.
Sherri Murphy | October 8, 2024
Elevating Elegance: Innovative Styles Shaping High-End Residences This Year.
Sherri Murphy | September 12, 2024
Sprawling Southlake contains parks ideal for exercise and relaxation.
Sherri Murphy | September 12, 2024
Maximizing Value: Smart Upgrades that Pay Off.
Sherri Murphy | August 30, 2024
Discover the Perfect Blend of Small-Town Charm and Modern Amenities in this Thriving Community.
Sherri Murphy | August 30, 2024
Explore the Best Attractions and Activities in this VIbrant Texas City.
Sherri Murphy | August 28, 2024
Explore the Best Experiences in Southlake: A Local’s Guide to the City’s Premier Destinations.
Sherri Murphy | August 28, 2024
Discover Top Retail Destinations in Southlake’s Vibrant Shopping Landscape.
Sherri Murphy | August 28, 2024
Southlake’s most memorable buildings complement its natural beauty.
Sherri Murphy | August 8, 2024
Discover the Charm, Community, and Lifestyle of Southlake.
Sherri Murphy | August 1, 2024
Explore culinary delights in this vibrant town.
Sherri Murphy | July 25, 2024
A Comprehensive Guide to Your Dream Property.
Sherri Murphy | July 19, 2024
Mastering the Art of Selling a House in Southlake, TX.
Sherri Murphy | February 5, 2024
Helping find a buyer for your home is only one facet of a real estate professional’s job.
Sherri Murphy | February 5, 2024
Whether it’s your first home or if you’re an experienced buyer, purchasing a home is a complex process.
Her expertise in the field of real estate ensures that you receive informed and objective guidance. Contact Sherri to learn more about how she can assist you in meeting your real estate needs.
