Known for its acclaimed schools and affluence residents, homes have tended to be opulent estate properties or two story homes large enough to accommodate families.
Because of its excellent schools, Southlake attracts many families with children. Larger families usually find that two story homes better fit their lifestyle than one story homes, and pools are considered desirable by households with children and teens.
Southlake also appeals to those wishing to build palatial estates because of its availability of undeveloped acreage and convenient access to Dallas.
However, the changing demographics of the nation, the attraction of the shopping and dining at Southlake Town Square, and Southlake's proximity to the DFW mean a larger market is developing for one story homes without a pool in Southlake.
Southlake attracts its share of retirees, and the condos at Watermere present a terrific option for those downsizing and looking for a retirement lifestyle. Of the one story homes in Southlake, Watermere residences will compose more and more of the available inventory as the complex is completed.
Another possibility for those seeking a simpler lifestyle with less maintenance but not as self-contained as Watermere is Tealwood, a luxury patio home development. Located off of East Continental Boulevard, Venetian Homes, a prominent local custom builder, offers new construction with smaller homes and lots.
New construction and resale homes in Crescent Royal in Timarron will present the best possibilities for the next few years for those seeking luxury without the inconvenience of maintenance. Otherwise, the single story homes without a pool are usually older homes--constructed in the '70s and '80s--with acreage that are sold to make way for multimillion dollar estates.
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