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Estes Park is a master-planned neighborhood of roughly 178 to 190 homes in north Southlake, Texas, 76092, in Tarrant County, north of State Highway 114 off Dove Road. It was developed on half-acre, mostly wooded homesites: about 120 lots on the east side went to custom luxury builders working in an Olde World style, and the remaining 58 were later sold to Toll Brothers, which finished the neighborhood. Homes were built largely between 2004 and 2012 and typically run from about 4,000 to 6,500 square feet. The community includes roughly 15 acres of green space, a private lake and about two and a half miles of jogging trails, with Colorado street names throughout: Vail, Denver, Aspen Ridge, Beaver Creek. It is served by Carroll ISD. Nitin Gupta, CRS, GRI, CLHMS, Broker Associate with Competitive Edge Realty, represents buyers and sellers here and across Southlake. Call 469-269-6541 or contact Nitin to start with a conversation.

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Custom side, Toll Brothers side: two different comparable sets

The neighborhood was built in two distinct phases. The east-side homesites went to custom builders, producing one-off homes where materials, layouts and finish levels vary house to house, with V. Patrick Gray among the builders named in listings. The remaining lots went to a national production builder that completed the community. Both are quality homes on half-acre lots in the same association, but they are not interchangeable for pricing: a custom home and a production home of the same square footage can justify different values, and the right comparable set respects that distinction. Ask which side of the neighborhood a home sits in and who built it.

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What homes cost

Current listings have run from about $1,799,000 for a 4,224-square-foot home to $2,395,000 for one of 6,242 square feet, with closed prices in a range of roughly $1,894,500 to $3,300,000 and a median sale price near $2,095,000. Price per square foot has averaged in the range of about $371 to $409 depending on the source and period. Recent examples include a 5,585-square-foot custom home on Estes Park Drive listed at $2,095,000, about $375 per square foot, and homes on Aspen Ridge Drive and Beaver Creek Lane listed at $2,324,990 and $2,150,000.

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For perspective on the trajectory, a 5,840-square-foot home here sold in 2018 after listing at $1,100,000 and now carries estimates near $2 million. Any figure you find from that era is not a useful benchmark today. For a current read on a specific home, use the home value analysis or contact Nitin.

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Appraised values here sit well below market estimates

Worth knowing before you buy: appraisal district market values recorded for several homes in Estes Park run meaningfully below third-party automated valuations for the same properties. One 4,323-square-foot home shows an appraisal district market value near $1.45 million against automated estimates of $1.57 to $1.63 million; a 5,804-square-foot home shows about $1.59 million against estimates of $2.10 to $2.13 million.

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That gap matters in two directions. For a buyer, the tax bill is calculated from the appraised value, not the purchase price, so a purchase can trigger a reassessment in the following year and a higher bill than the seller was paying. For an owner, it is the starting point for deciding whether a protest is worth filing. Confirm the current assessed value, exemptions and combined rate for the specific address with the Tarrant Appraisal District, and budget for what the taxes become rather than what they are today.

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The HOA and what it maintains

Listing records show a mandatory association with annual dues reported between about $1,300 and $1,900, including examples at $1,300 and $1,850 a year, described as covering full use of facilities and management. The association maintains greenbelts, a jogging and bike path, a park, perimeter fencing and a private lake or pond across roughly 15 acres of green space.

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Before making an offer, request the current assessment, what it covers, the architectural guidelines, recent budgets and the reserve position. Maintaining a lake, trails and perimeter fencing is a real long-term obligation, so reserves matter. Read about the Texas HOA resale certificate and what it discloses.

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Schools: Carroll ISD

Listing records for homes here show Carroll ISD, on the Tarrant County side of Southlake. Carroll runs a multi-campus progression, an elementary campus, then an intermediate campus, then a middle school, then a ninth and tenth grade high school, and finally Carroll Senior High for eleventh and twelfth grade. Confirm the specific assigned campuses for the address with the district before you write an offer. Learn more about Carroll ISD schools and compare districts with the DFW school district ratings guide.

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What to check before you buy

Homes from 2004 to 2012 at 4,000 to 6,500 square feet are reaching the point where first replacements come due, and at this scale those costs are substantial. Roof, multiple HVAC systems, water heaters, windows, foundation performance and pool equipment deserve close attention, along with the age and quality of any renovation. On wooded half-acre lots, add irrigation coverage, drainage and grading, and tree health near the structure. For homes backing to the lake, greenbelt or trail, check drainage, grading and current floodplain mapping. The seller's disclosure covers only what the seller knows, so the inspection period is where the real information comes from. Learn about the Texas option period.

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Location

Estes Park sits north of SH 114 off Dove Road, minutes from Southlake Town Square for shopping and dining, with the entrance to DFW International Airport a short drive and Westlake, Grapevine, Trophy Club and Keller all nearby. Drive your own commute at the hours you would travel before committing.

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Comparing Estes Park with other Southlake neighborhoods

Coventry Manor offers late-1990s estates on similar or larger lots with Carroll ISD confirmed at the appraisal district. Clariden Ranch offers acre-plus lots with a different school enrollment picture. Carillon and Carillon Parc trade comparable money for smaller lots with more shared amenity, and Cambridge Place sits at a lower price with half-acre lots closer to Town Square. Estes Park's distinguishing features are the private lake, the trail system and the half-acre wooded homesites. See the DFW communities directory.

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Selling a home in Estes Park

Two things decide outcomes here. First, the custom versus production distinction: a comparable set that mixes them produces the wrong number. Second, condition and updates on homes now fifteen to twenty years old, which carries most of the price difference between similar square footage. Buyers will also ask about the HOA assessment, what the association maintains and the tax picture, so have those documented. See the seller marketing plan and seller services.

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Estes Park FAQs

How many homes are in Estes Park, and when were they built?

Roughly 178 to 190 homes, built largely between 2004 and 2012. About 120 half-acre homesites on the east side went to custom luxury builders, and the remaining 58 were sold to Toll Brothers, which completed the neighborhood.

How big are the homes and lots?

Homes typically run from about 4,000 to 6,500 square feet, with recorded examples from 4,224 to 6,356, on lots generally between about a third and half an acre, most around 0.4 to 0.5 acre and many wooded.

What do homes cost in Estes Park?

Current listings have run from about $1,799,000 to $2,395,000, with closed prices roughly between $1,894,500 and $3,300,000 and a median sale price near $2,095,000, at about $371 to $409 per square foot.

What are the HOA dues, and what does the association maintain?

Listing records show mandatory annual dues reported between about $1,300 and $1,900, covering use of facilities and management. The association maintains greenbelts, a jogging and bike path, a park, perimeter fencing and a private lake across roughly 15 acres of green space.

What school district serves Estes Park?

Carroll ISD, on the Tarrant County side of Southlake, with Carroll's elementary, intermediate, middle, ninth and tenth grade and senior high progression. Confirm the assigned campuses for the exact address with the district.

Why are appraised values lower than online estimates here?

Appraisal district market values recorded for several Estes Park homes run below third-party automated estimates. Because taxes are calculated from the appraised value, a purchase can trigger a reassessment and a higher bill than the seller was paying, so budget for what the taxes become rather than what they are today.

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Work With Nitin Gupta in Southlake

Nitin Gupta is a Broker Associate with Competitive Edge Realty with 480+ closed DFW transactions, 13 professional designations including CRS, GRI and CLHMS, and D Magazine Best REALTOR® recognition in 2020, 2023 and 2024. He serves clients in English, Hindi, Punjabi, Urdu and Gujarati. Read client reviews, watch home tours on his YouTube channel, or call 469-269-6541.

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If Estes Park is on your list, tell Nitin your target move date, whether you want a custom or production home, the square footage and lot you need, and your price range, and he will tell you what is realistic here now and what the tax picture will look like after closing.

Updated September 2026.