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Versailles is a neighborhood of roughly 150 custom homes in south central Southlake, Texas, 76092, Tarrant County, built largely between 1996 and 2002 on lots of about 0.3 to 0.75 acre. Its streets carry French names, Lorraine, Calais, Merlot, Fontaine, Burgundy and Versailles Court, and architecture leans toward stone and stucco with courtyards and wrought iron detail. MLS records place the neighborhood in the Carroll ISD chain running through Old Union Elementary and Dawson Middle School into Carroll Senior High. Recent listings have run from about $1,000,000 to $2,050,000. 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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The Carroll ISD campus chain, named in the records

MLS records for a home here list Old Union Elementary, Dawson Middle School and Carroll Senior High. That is worth stating, because Carroll ISD runs more than one chain of campuses: other Southlake neighborhoods feed Rockenbaugh Elementary into Dawson, or Johnson Elementary into Durham Intermediate and Carroll Middle. A listing that says only "Carroll ISD" does not tell a parent which elementary or middle school a child will attend.

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Confirm the full assigned sequence for the exact address with the district before you write an offer, particularly if a specific elementary matters to you. Learn more about Carroll ISD schools and compare districts with the DFW school district ratings guide.

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What homes cost

Recent activity includes a 5,373-square-foot home on Merlot Drive at $2,050,000, a 3,898-square-foot home on Fontaine Drive at $1,225,000, a 3,381-square-foot home on Calais Drive at $1,295,000, a 3,503-square-foot home on Lorraine Drive at $1,280,000, and a home on Lorraine Court reduced to $1,000,000. Published medians have run near $1,250,000 to $1,672,500 depending on the source and period, with average price per square foot around $382 and an average sale price reported near $1,578,000 for the area.

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Descriptions still circulating that put Versailles at "the upper $800,000s to over a million" reflect an earlier market. Price a specific home from recent sales inside the neighborhood, adjusted for size, lot and condition. For a current read, use the home value analysis or contact Nitin.

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Two published claims worth verifying

One agent description of this neighborhood states that homes typically run from 5,000 to more than 8,000 square feet and that the community has a gated entrance. MLS and appraisal records tell a different story on size: recorded homes here run from about 3,381 to 5,373 square feet, and the sales above bear that out. The gated entrance is not confirmed by the records reviewed either.

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Neither point is trivial. If you are buying for a 6,000-square-foot home or specifically for gated access, confirm both for the actual property and the actual entrance rather than relying on a neighborhood description. That is a five-minute check that prevents a wasted tour.

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The HOA

Listing records show an association administered as Versailles HOA, with a fee recorded as $81 and a frequency field reading annually, which appears to be a monthly figure entered against an annual label, putting the real number closer to $972 a year. Records like that should be confirmed rather than assumed, since the difference is significant when comparing monthly cost across neighborhoods. Request the current assessment and billing schedule, what it covers, the architectural guidelines, recent budgets and the reserve position before making an offer. Read about the Texas HOA resale certificate and what it discloses.

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Taxes

Recorded taxes on one home here run about $17,161 a year, roughly $1,400 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. Confirm the assessed value, exemptions and combined rate for the specific address with the Tarrant Appraisal District.

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What to check on a 1996 to 2002 home

These homes are now roughly twenty-five to thirty years old, so major systems are at or past one replacement cycle. Roof, HVAC, water heaters, windows, foundation performance and pool equipment deserve close attention, along with the age and quality of any renovation, which carries most of the price difference between similar homes. Stone and stucco exteriors warrant specific attention to moisture intrusion, flashing and sealant condition, and not every inspector handles stucco equally well. On lots of a third to three-quarters of an acre with mature landscaping, add irrigation, drainage and grading and tree health near the structure. Learn about the Texas option period.

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Check the city before you use a comparable

Searches for "Versailles" in Texas real estate return results from Highland Park in Dallas, where Versailles Avenue runs through one of the state's most expensive neighborhoods, alongside the Southlake subdivision. They are entirely different markets. Confirm the address is in Southlake and the subdivision field reads Versailles Addition before using any listing or sale as a comparable.

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Location

Versailles sits in south central Southlake near White Chapel Boulevard, reached from East Southlake Boulevard and South Carroll Avenue, minutes from Southlake Town Square and a short drive from the entrance to DFW International Airport. SH 114 carries most traffic, and Colleyville, Grapevine, Keller and Westlake are all close. Drive your own commute at the hours you would travel before committing.

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Comparing Versailles with other Southlake neighborhoods

At this size and vintage, Versailles competes with Monticello and Timber Lake among established neighborhoods, and with Cambridge Place and Coventry Manor for late-1990s construction on half-acre lots. Buyers who want a full amenity package look at South Ridge Lakes or Kirkwood Hollow, and buyers who want gated access should look at Sandlin Manor or Lakes of La Paloma, where the gate is documented. See the DFW communities directory.

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Selling a home in Versailles

With about 150 homes of similar vintage, buyers compare directly and renovation quality decides outcomes. Pricing should come from sales inside Versailles Addition rather than from a portal search that pulls in Highland Park addresses, and the listing should state the actual square footage clearly, since at least one widely read description overstates the neighborhood's typical home size. Buyers will also ask what the HOA costs and what the assigned campuses are, so have both documented. See the seller marketing plan and seller services, or learn about landlord leasing services if you plan to rent the home out.

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Versailles FAQs

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

About 150 custom homes in south central Southlake, built largely between 1996 and 2002, on lots of roughly 0.3 to 0.75 acre.

How big are the homes?

Recorded homes run from about 3,381 to 5,373 square feet. One agent description claims 5,000 to more than 8,000 square feet, which the records do not support, so confirm the square footage for the specific property.

What schools serve Versailles?

Carroll ISD, with MLS records naming Old Union Elementary, Dawson Middle School and Carroll Senior High. Because Carroll operates more than one chain of campuses, confirm the full sequence for the exact address with the district.

What do homes cost in Versailles?

Recent listings have run from about $1,000,000 to $2,050,000, with published medians near $1,250,000 to $1,672,500 and average price per square foot around $382. Descriptions citing the upper $800,000s are out of date.

What are the HOA dues?

Listing records show a fee recorded as $81 against an annual frequency field, which appears to be a monthly figure mislabeled, putting the likely annual cost near $972. Confirm the amount and billing schedule directly with the association.

Is Versailles gated?

One agent description states there is a gated entrance, but the records reviewed do not confirm it. If gated access matters to you, verify it at the entrance and in the association documents.

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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 Versailles is on your list, tell Nitin your target move date, the square footage and lot you need, whether gated access or a specific Carroll ISD elementary matters to you, and your price range, and he will confirm what is actually available here and which comparable Southlake neighborhoods belong on the same tour.

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Updated September 2026.