Southlake Homes under $500,000

Welcome to Southlake, Texas—a vibrant community nestled in Tarrant County that perfectly blends suburban tranquility with metropolitan convenience. Known for its picturesque parks, top-rated schools, and a lively downtown area, Southlake is a place where families thrive and individuals enjoy a high quality of life. With its charming tree-lined streets and a strong sense of community, Southlake has become one of the most sought-after locations in the Dallas-Fort Worth metroplex.

One of the most appealing aspects of Southlake is its diverse real estate market, which offers a range of homes under $500,000. Whether you’re a first-time homebuyer, a growing family, or looking to downsize, you’ll find a variety of options that cater to different lifestyles and preferences. From cozy townhomes to spacious single-family residences, these homes provide both comfort and value, making it easier to settle into this desirable locale without breaking the bank.

Residents of Southlake enjoy an array of amenities, including world-class shopping, dining, and entertainment options. The Southlake Town Square is a hub of activity, featuring boutique shops, restaurants, and community events throughout the year. Additionally, the city’s commitment to green spaces means you’ll never be far from a well-maintained park or recreational area, perfect for outdoor activities or simply enjoying a leisurely stroll.

Discover the charm of Southlake today! With homes under $500,000, your dream of living in this thriving community is closer than ever. Embrace a lifestyle filled with opportunity, connection, and the warmth of Southern hospitality.

Newest Southlake Homes under $500,000

$425,000

2 Beds ⋅ 3 Baths ⋅ 21392215 MLS

Experience the best of active adult living in this rare 2 bedroom, 2.5 bath residence in the highly desired Watermere community. With limited two bedroom opportunities available, this 1,572 square foot home presents a unique chance to secure space, flexibility, and lifestyle in one of the area’s premier 55+ communities. Located on the second floor with secure building access and multiple elevators, the home offers a thoughtful layout ideal for both everyday comfort and hosting guests. Each bedroom features its own private ensuite bath with a jetted tub in the owners' retreat, creating separation and privacy rarely found in similar residences. The open living spaces are enhanced by luxury vinyl plank flooring, combining style with durability, while the recently replaced HVAC system (2024) adds peace of mind. Watermere is designed for those who want to stay active, social, and engaged. Residents enjoy a full-service, resort-style experience including concierge services, housekeeping, a state-of-the-art fitness center, tennis, pickle ball, golf, water aerobics, yoga, multiple dining venues, bridge games, game nights and a robust calendar of social events that make it easy to connect and thrive. Ideally located just minutes from Southlake Town Square, residents enjoy convenient access to some of the area’s most elite shopping, dining, and entertainment. From upscale boutiques and chef-driven restaurants to community events and seasonal experiences, everything you need is within easy reach.

301 Watermere Dr Unit 212, Southlake

$349,800

1 Beds ⋅ 2 Baths ⋅ 21388747 MLS

Discover the pinnacle of upscale, maintenance-free senior living in this elegant condominium located inside a premier 55+ active adult gated community in Southlake. This beautifully maintained 1-bedroom, 1.5-bathroom single level with open living space. Built with meticulous traditional brick craftsmanship, the home greets you with an expansive layout that flawlessly connects the central living area to a flex room, perfect for hosting elegant dinners, setting up a quiet home office, or building a private library.The heart of the home is a gourmet chef's kitchen outfitted with premium granite countertops, a functional kitchen island, custom cabinetry, decorative lighting, and a full suite of stainless steel appliances, including an elevated dishwasher, a convenient drawer microwave, and a refrigerator. Beyond the main living space, the serene primary bedroom serves as a peaceful retreat, complete with fresh paint and an oversized walk-in closet providing exceptional storage. The full master bathroom features a dual vanity and a separate shower, complemented by an additional guest powder room and a full-size dedicated utility laundry room with built-in storage cabinets. Step out onto your private covered balcony to savor your morning coffee or unwind during a tranquil evening while looking out over the beautifully landscaped fountain courtyard.Beyond the front door, residents gain access to an unparalleled resort-style lifestyle anchored by a massive 35,000-square-foot clubhouse. The extensive community amenities include professional concierge services, 24-hour security, an indoor heated pool and spa, fitness center, water aerobics, pickleball and tennis courts, fishing lakes, walking paths, and golf privileges at a renowned nearby course. Daily life is enriched with fine dining options, a casual bistro, nightly cocktail hours, and full social programming. Conveniently located near town square and major airport, this home offers the ultimate lock-and-go experience.

301 Watermere Dr Unit 222, Southlake

$450,000

2 Beds ⋅ 3 Baths ⋅ 21312465 MLS

Discover elevated living in one of Southlake’s premier 55+ active-adult communities. This beautifully appointed two-bedroom, two-and-a-half-bath condominium offers a refined blend of comfort, convenience, and low-maintenance luxury. Designed with an open-concept floor plan, the home features spacious living and dining area, hardwood floors, elegant finishes, and a well-appointed kitchen complete with granite countertops, stainless steel appliances, and excellent functionality for everyday living or entertaining. A private balcony extends the living space outdoors, creating a peaceful place to relax and enjoy the surroundings. Watermere at Southlake offers an exceptional resort-style lifestyle with amenities designed for connection, wellness, and ease. Residents enjoy a monthly dining allowance, 24-hour security, concierge services, fitness classes, water aerobics, social events, walking trails, and golf privileges at Sky Creek Ranch. The impressive 35,000-square-foot clubhouse provides additional opportunities for dining, recreation, wellness, and community engagement. Ideally located near Southlake Town Square, premier shopping and dining, medical facilities, DFW Airport, and Highway 114, this residence offers the perfect combination of luxury, convenience, and an active social lifestyle in the heart of Southlake.

301 Watermere Dr Unit 414, Southlake

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Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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