The Southlake area is home to a number of luxury neighborhoods, each one promising its own style of Southlake luxury living. As there are many to choose from, your best bet is to equip yourself with the features and benefits of each one and match them to what you are looking for in a high-end neighborhood. Are you looking for privacy and seclusion? Or does an active country club setting better suit your needs? No matter how you want your neighborhood to enhance your life, your agent will lead you to the one that best matches your desires.
Before you begin your search for luxury property, you’ll want to take a few steps to prepare
Due to the attention that some of these homes would receive on the public market, many luxury homeowners elect to privately sell them when ready. This requires a real estate agent that is well-versed in the profession's day-to-day duties and well-connected in the community.
A realtor specializing in luxury real estate will have had years to develop the necessary contacts and trust from this population segment. Before you search for your dream home, it will pay to pair yourself with an agent with a track record showing luxury real estate sales.
You’ll also want to ensure you have the proper financial documentation to show your agent. As you might be able to imagine, the most luxurious homes will attract a great deal of attention, creating a situation where people without any intention of purchasing them will ask for viewings just to satisfy their curiosities. The sellers of these properties will want anyone who views their homes to be properly and thoroughly vetted.
Whether you intend to pay for your luxury home with cash or secure a mortgage, you must show your agent that you can afford the home. This will mean going through the prequalification process with a lender, who will use your credit score, income statements, and other financial documents to vet you. Cash buyers will need letters from their bank or financial institution and current financial statements showing they have the funds to make such a large cash purchase.
The most exclusive Southlake neighborhoods offer a variety of living choices
Peytonville Avenue Estates
With less than 150 lots, this development was meant to be kept relatively small. Adjacent to the neighborhood is the district’s elementary and middle schools, helping to make the entire area one of the most pursued in the greater Dallas metro.
Shady Oaks is gated, offering the ultimate levels of privacy for those who have chosen to call this luxury Southlake neighborhood home.
The winding streets of this luxury neighborhood give residents immediate access to a number of walking trails that have been built nearby. Additionally, Terra Bella sits near several community parks and holds within it a number of green spaces.
This is an HOA community, with guidelines and rules established to protect property values.
*Header photo courtesy of The Sharma Group