Timber Lake, Southlake TX: 1990s Homes on Third-Acre Lots in the Rockenbaugh and Dawson Feeder

​

Timber Lake is an established neighborhood in Southlake, Texas, 76092, Tarrant County, recorded as Timber Lake Addition and built largely between 1990 and 1996. Homes here typically run from about 3,800 to 4,500 square feet on lots of roughly 0.29 to 0.43 acre, in traditional styles with mature landscaping, along Timber Lake Drive, Timber Lake Circle and Timber Lake Way. The association charges roughly $1,200 to $1,320 a year and its fee is described as covering all facilities and management. MLS records place the neighborhood in the Carroll ISD chain running through Rockenbaugh Elementary and Dawson Middle School. 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.

​

A third Carroll ISD feeder chain

MLS records for homes here name Rockenbaugh Elementary and Dawson Middle School, with Carroll as the high school. That is a different elementary from the chains documented in other Southlake neighborhoods, where records show Old Union Elementary into Eubanks Intermediate and Dawson Middle in one case, and Johnson Elementary into Durham Intermediate and Carroll Middle in another.

The practical point is that "Carroll ISD" on a listing tells a parent very little about which campuses a child will actually attend before high school. Confirm the full assigned sequence for the exact address with the district before you write an offer, especially if a particular elementary matters to you. Learn more about Carroll ISD schools and compare districts with the DFW school district ratings guide.

​

What homes cost, and how fast that has moved

Recent activity: a 4,526-square-foot home on Timber Lake Drive sold in March 2026 at $1,699,880, about $376 per square foot. A 4,156-square-foot home closed after listing at $1,100,000. A 4,025-square-foot home sold after listing at $1,348,000, and a 4,052-square-foot home after listing at $1,125,000. A 1990-built home has been pending at $1,299,800.

​

The trajectory is steep. The home that sold at $1,699,880 in 2026 was listed at $1,099,880 in mid-2023. A 3,991-square-foot home that sold in 2021 after listing at $1,100,000 now estimates near $1.5 million, and a 4,000-square-foot home that sold in 2017 after listing at $599,000 now estimates near $1.18 million. Any figure more than a couple of years old will understate this neighborhood badly.

​

Worth knowing: automated estimates here have lagged actual sales noticeably, with one home selling at $1,699,880 against an estimate near $1,256,000. Work from recent closed sales rather than portal estimates. For a current read on a specific home, use the home value analysis or contact Nitin.

​

The HOA

Listing records show a mandatory association, Timber Lake Residential Association, with dues recorded variously as $100 to $110 a month, $650 to $658 semi-annually, or $1,200 annually, all of which land in the same range of roughly $1,200 to $1,320 a year. The fee is described as covering all facilities and association management, which suggests amenity access is included. Confirm exactly which facilities that covers, along with the current assessment, architectural guidelines, recent budgets and the reserve position before making an offer. Read about the Texas HOA resale certificate and what it discloses.

​

Taxes

Recorded unexempt taxes on homes here run about $16,714 and $19,240 a year, roughly $1,400 to $1,600 a month before principal, interest, insurance and dues. Because taxes follow the appraised value rather than the seller's basis, a purchase can trigger a reassessment above what the seller was paying, which matters in a neighborhood where values have moved this quickly. Confirm the assessed value, exemptions and combined rate for the specific address with the Tarrant Appraisal District.

​

​

What to check on a 1990s home

These homes are now roughly thirty to thirty-five years old, so major systems are at or past one replacement cycle. Roof, HVAC, water heaters, windows, plumbing, electrical and foundation performance deserve close attention, along with pool equipment where present. Several homes here have been renovated, one with a recorded renovation year of 2020, and the age and quality of that work carries most of the price difference between otherwise similar homes. On third-acre lots with mature trees, add irrigation coverage, drainage and grading, and tree health near the structure. 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.

​

Location

Timber Lake sits in Southlake with Southlake Boulevard and SH 114 carrying most traffic, Southlake Town Square minutes away and the entrance to DFW International Airport a short drive. Grapevine, Colleyville, Keller and Westlake are all close. Drive your own commute at the hours you would travel before committing.

​

​

Comparing Timber Lake with other Southlake neighborhoods

Among established 1990s neighborhoods, South Ridge Lakes offers larger lots and a bigger amenity package at a similar entry point, and Monticello offers lots up to three-quarters of an acre at higher prices. Southlake Woods offers Toll Brothers construction from 1997 to 2005 on half-acre-plus lots. Buyers who want newer homes look at Estes Park or Miracle Point. Timber Lake's combination is 1990s homes around 4,000 square feet on third-acre lots with an amenity-inclusive association. See the DFW communities directory.

​

​

Selling a home in Timber Lake

Homes here are similar in size and vintage, so buyers compare directly and renovation quality decides outcomes. Two things matter in pricing: recent closed sales rather than automated estimates, which have run below actual sale prices in this neighborhood, and an honest read on where a specific home sits on the renovation spectrum. Naming the assigned campuses is also worth doing, since buyers searching for a specific Carroll ISD elementary will not assume it. See the seller marketing plan and seller services, or learn about landlord leasing services if you plan to rent the home out.

​

​

Timber Lake FAQs

When were Timber Lake homes built, and how big are they?

Largely between 1990 and 1996, with homes typically from about 3,800 to 4,500 square feet on lots of roughly 0.29 to 0.43 acre.

What schools serve Timber Lake?

Carroll ISD, with MLS records naming Rockenbaugh Elementary and Dawson Middle School and Carroll as the high school. Other Southlake neighborhoods feed different elementary and intermediate campuses within the same district, so confirm the full sequence for the exact address.

What do homes cost in Timber Lake?

Recent activity includes a 4,526-square-foot home that sold at $1,699,880 in March 2026, a home pending at $1,299,800, and closings after list prices of $1,100,000, $1,125,000 and $1,348,000. Values have moved quickly, so older figures understate the market.

What are the HOA dues?

Roughly $1,200 to $1,320 a year through Timber Lake Residential Association, recorded variously as $100 to $110 monthly or $650 to $658 semi-annually, with the fee described as covering all facilities and management. Confirm what that includes.

What are property taxes like here?

Recorded unexempt taxes run about $16,714 to $19,240 a year. Because taxes follow the appraised value, a purchase can trigger a reassessment above what the seller was paying.

Why do online estimates differ from sale prices here?

Automated valuations have lagged actual sales in this neighborhood, with one home selling at $1,699,880 against an estimate near $1,256,000. Work from recent closed sales instead.

​

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.

​

If Timber Lake is on your list, tell Nitin your target move date, the square footage you need, whether a specific Carroll ISD elementary matters to you and your price range, and he will tell you what is realistic here and which comparable Southlake neighborhoods belong on the same tour.

Updated September 2026.