




$1,890,000
501 Monte Carlo Drive, Southlake, TX, 76092
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About this property
Luxury living meets effortless convenience in the highly sought-after Carillon community. Completely reimagined and renovated from top to bottom, this exceptional residence offers nearly 4,000 square feet of thoughtfully designed living space featuring five bedrooms and five-and-a-half baths. An extensive transformation includes the addition of a spacious bedroom and full bath, creating a versatile floor plan ideal for growing families or multigenerational living who desire comfortable accommodations for visiting guests. Designer-selected finishes, elevated craftsmanship, and modern amenities are showcased throughout. Every detail was thoughtfully considered, from the dual laundry rooms on both levels to the beautifully appointed gourmet kitchen featuring double dishwashers, offering exceptional convenience for both daily living and large-scale entertaining. Step outside to your private backyard oasis, complete with a custom pool, outdoor entertaining space, and a low-maintenance turf yard designed for year-round enjoyment. Whether hosting family gatherings or seeking a lock-and-leave lifestyle, this home offers the perfect balance of luxury and functionality. Ideally situated just steps from the future Carillon Parc development, residents will soon enjoy walkable access to upscale dining, boutique shopping, entertainment, and everyday conveniences. This is a rare opportunity to own a meticulously renovated luxury home in the heart of Southlake, served by the award-winning Carroll Independent School District.
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Southlake
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