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Foreclosure Homes in Southlake, TX

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Wentwood-dr-Southlake-TX-76092
Bankruptcy
$691,273 EMV

Wentwood Dr
Southlake, TX 76092

4 Bed | 3 Bath | 3,916 Sq. Ft.

Vermilion-ct-Southlake-TX-76092
Tax Lien
$720,687 EMV

Vermilion Ct
Southlake, TX 76092

Stockton-dr-Southlake-TX-76092
Bankruptcy
$825,169 EMV

Stockton Dr
Southlake, TX 76092

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Home Value Estimator For Southlake, TX

There are currently 10,327 real estate properties in Southlake, TX, with a median automated valuation model (AVM) price of $747,800.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Southlake, TX, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Southlake, TX, is $836,535.00, with the most expensive house in Southlake, TX, topping out at $8,245,700.00 and the cheapest home in Southlake, TX, clocking in at $15,600.00. In other words, there’s something for every potential homebuyer or savvy investor in Southlake, TX!


Rent Prices In Southlake, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Southlake, TX, is on a rollercoaster ride. The average rent price in Southlake, TX, is $4,078.00. Indeed, when looking to rent in Southlake, TX, you can expect to pay as little as $860.00 or as much as $5,700.00, with the average rent median estimated to be $4,150.00. The good news is that finding an affordable and desirable property to rent in Southlake, TX -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.


Foreclosure Homes in Southlake, TX

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Southlake, TX area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Southlake, TX and much more. Save thousands at closing with home foreclosure listings in Southlake, TX — up to 75% off market value!


Top Reasons To Live In Southlake, TX In 2021

Southlake is located in Tarrant, Texas, with an estimated municipal population of 32,376 residents. All of the best foreclosed homes for sale in Southlake are located in the following zip code areas on Foreclosure.com: 76092. The estimated population per square kilometer (.62 miles) in Southlake is 572.


Cost Of Living In Southlake, TX

So, about how much do homes cost in Southlake? The most recent median value of resident-owned homes in Southlake is 675,842. An estimated 93.8 percent of households in Southlake own their homes, with an average family size of 3.56. The median household income in Southlake is 240,248, with81 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Southlake, the median commute time of resident workers (in minutes) is 28.8. And last, but certainly not least, are you looking for homes to rent in Southlake? If so, the average rent price paid by renters in Southlake is 1,367, according to recent statistics.


Diversity And Demographics In Southlake, Texas

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Southlake, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Southlake is 42.3, split between 48.6 percent male versus 51.4 female. The percentage of residents who report being married in Southlake is 70.7, with an average family size of 3.56.

The percentage of residents who report their race in Southlake is as follows:

White 78.9%
Black / African American 1.7%
Asian 15.9%
American Indian / Alaskan Native 0.4%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.5%
Other 0.7%

Looking for family-friendly neighborhoods in and/or near Southlake? Or maybe you are searching for 55+ active adult communities in and/or near Southlake?

The percentage of residents who report their age in Southlake is as follows:

Under 10 13.5%
Aged 10-19 20.6%
20s 5.2%
30s 6.8%
40s 18.3%
50s 19.8%
60s 9.8%
70s 4.3%
80+ 1.7%

Best Schools In Southlake, Texas

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Southlake with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Southlake.


Pros And Cons Of Living In Southlake, Texas

How do you know that living in -- or moving to -- Southlake is right where you need to be? Perhaps you grew up in Southlake or already live nearby; therefore, the decision to buy a home in Southlake is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Southlake for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Southlake:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Southlake.


Reasons To Move To Southlake, Texas, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Southlake can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Southlake, meanwhile, can field multiple offers from more qualified buyers.

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Listing types in Southlake, TX

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