$1,020,000
507 Timber Lake Dr, Southlake, TX, 76092
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About this property
Your lucky day! Back on market. No fault of seller. Updated, freshly painted 4 bedroom, 3 bath home in highly sought after Timber Lake with a pool, park & trails and zoned for exemplary Carroll ISD and Rockenbaugh Elementary. New durable, easy clean wood look porcelain floors thru most of main level. Brand new carpet upstairs. Kitchen with marble counters, white subway tile backsplash in striking herringbone pattern, an abundance of cabinets and convenient access to main dining & breakfast room. 2 large living rooms down, 2nd living anchored by attractive gas fireplace. Owners' retreat on main level with garden tub, oversized tiled shower, quartz topped vanity & WIC. Bedroom 2 with full bath on main level in a wing of its own great for guest suite or nursery. 2 additional generous size bedrooms upstairs, a full Jack & Jill bath and a spectacular game-media room with space for a pool table. 3 car garage and room for additional parking. Convenient to Southlake shopping and DFW Airport
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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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