Southlake / The Reserve of
The Reserve of Southlake, TX
The Reserve of Southlake is a small neighborhood of custom homes on lots of about an acre, off Sunshine Lane north of Southlake Town Square. The homes that have come up for sale here were built from about 2008 to 2014, so they're newer than a lot of Southlake. It's a good match if you want land and a custom home without stepping all the way up to a multi-acre estate.
A short look at the Reserve of Southlake.
The Reserve of Southlake at a glance
| Location in Southlake | Off Sunshine Lane, north of Southlake Town Square |
| Recent sales | $2.6 to $5 million (5 sales, Nov 2023 to Nov 2026) |
| Streets | Carruth Lane, Bur Oak Drive and Live Oak Lane |
| Lot sizes | About 1 to 1.2 acres in recent listings |
| Homes | Custom homes, about 5,200 to 8,900 square feet in recent sales |
| Built | About 2008 to 2014 in recent listings |
| HOA | Yes, mandatory (confirm current dues for the specific home) |
| Schools | Carroll ISD (confirm zoning for the exact address) |
What is it like to live in the Reserve of Southlake?
Homes in the Reserve sit along Carruth Lane, Bur Oak Drive and Live Oak Lane. With lots around an acre, you get real space between you and your neighbors and room to spread out in the backyard. That kind of space is getting harder to find in Dallas-Fort Worth.
I want to give you honesty. Because it's a small neighborhood, you won't find much written about it. That's where having someone local really helps. I can pull the recent sales, the HOA details and the school zoning for any home you're looking at.
What are the homes like in the Reserve of Southlake?
These are custom homes. The ones that have sold or been listed recently run roughly 5,200 to 8,900 square feet, built from about 2008 to 2014, on lots of about 1 to 1.2 acres. In the last 36 months (as of November 2026), five homes sold here for about $2.6 million to $5 million.
Here's why that matters. A lot of Southlake was built in the 1990s, and many of those homes need updates. A home from the late 2000s or 2010s usually starts you off with a more current layout. Still, even a 2010 home has some age on it, so we'll look closely at the roof, the systems and what's behind the walls.
Where is the Reserve of Southlake?
The Reserve sits off Sunshine Lane, north of East Highland Street and Town Square, and a little north of Oxford Place. Southlake itself sits right between Dallas and Fort Worth, about 15 minutes from Dallas-Fort Worth International Airport and about 30 minutes from both downtowns. It's close enough for a commute, but far enough to breathe.
Who is the Reserve of Southlake a good fit for?
When I help families choose, I ask one question: do you want your life to feel connected, or do you want it to feel protected? If you lean toward space and privacy, but you still want to be close to Town Square, the Reserve is worth a look.
Now for the trade-offs. With only a few streets, listings don't come up often, so you have to be ready when one does. An acre is also a lot of yard to keep up. And if you want a master-planned community with walking trails and ponds, take a look at Carillon too.
Nearby neighborhoods to compare
- Oxford Place, a single street of newer custom homes on lots of about an acre, just to the south.
- Estes Park, with tree-lined streets, fountains and lots of about half an acre.
- Carillon, a newer master-planned community with walking trails, ponds and community areas.
For the whole city, start with my Southlake guide. If land is your hot button, my post on Southlake neighborhoods by region explains where the bigger homesites tend to be.
Frequently asked questions
How big are the lots in the Reserve of Southlake?
Recent listings here have been on lots of about 1 to 1.2 acres.
When were the homes in the Reserve of Southlake built?
The homes that have come up for sale recently were built from about 2008 to 2014, which makes them newer than a lot of Southlake.
Does the Reserve of Southlake have an HOA?
Yes. Listings show a mandatory HOA. Dues can change, so I confirm the current amount for any home we look at.
What school district serves the Reserve of Southlake?
Listings place it in Carroll ISD. Always confirm school zoning for the exact address with the district before you buy.
Your next step
If the Reserve of Southlake is on your list, I'd be so happy to help. Fill out my Southlake questionnaire and tell me what you want in a home and a neighborhood. I'll send you homes for sale in the Reserve, including ones that aren't on the market yet, and we can set up a one-on-one call to talk it through.
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