Four northeast Tarrant County towns, Southlake, Colleyville, Westlake and Keller, are located within this luxury home enclave. The center of this area is approximately 26 miles northwest of downtown Dallas and 22 miles northeast of Fort Worth. It also is about 9 miles from DFW International Airport and 16 miles from the Las Colinas business center.
Newly constructed luxury houses are available in many northeast Tarrant County neighborhoods, including Southlake's Laurelwood Park and Patterson's Pond, Colleyville's Tanglewood Estates and Montclair Parc, Westlake's super exclusive Vaquero, and Keller's Manors of Waterford and Southern Hills neighborhoods. A number of magnificent stand-alone estate properties also are being constructed, mostly in Colleyville. These additions to the area's existing luxury properties base, without doubt, are contributing to northeast Tarrant County being one of the most desirable places to live in the entire DFW metroplex.
A relative newcomer in DFW's luxury home market, the average age of recently sold existing luxury homes costing $1 million and up is 8.3 years. On average, these homes were sold for a projected $228.10 per square foot. The reported average price of newly constructed homes recently sold in this area is $199.70 per square foot.
Recently Sold Northeast Tarrant County Luxury Homes
Note: Not all houses offered for sale are listed on MLS. Sales price and age of homes sold information provided above is for properties listed on the MLS only. Projected sale prices used when actual sale prices of properties have been withheld.
Source: North Texas Real Estate Information Systems Inc. - Home sales information for 12 months ending June 30, 2010.
8/26/2010 - Same month, year-to-year sales of DFW luxury homes selling for $1 million and up were up 82.8 percent in July, with 53 previously occupied homes sold this year versus 29 such homes sold last year. However, it should be noted sales during July a year ago were down ... continue
