$842,000
707 Lorraine Drive, Southlake, TX, 76092
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About this property
Welcome to this gorgeous light and airy home built by V. Patrick Gray in the highly desired neighborhood of Versailles. Lush landscaping creates perfect curb appeal! Enter to soaring ceilings in the Living room, w floor to ceiling views of the pool and backyard. The executive Study is ready for you to work from home. Generously sized Kitchen-Breakfast-Family room w all the space you need for entertaining. The backyard is ready for Summer fun w a gorgeous sparkling pool, great seating areas, mature landscape & lots of grass for play. Luxurious Master suite & guest room are downstairs. Split bedrooms & oversized Game room + bonus area up. New roof being installed. Walk the kids to Old Union Elementary.
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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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These are Deal List properties graded A+, A.
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