The median home price in Southlake, TX, sits at roughly $1,389,000, with properties spending an average of 21 days on the market. If you're shopping the upper end of that range and comparing the best neighborhoods in Southlake, you've probably already run into the name confusion - Carillon and Carillon Parc sound nearly identical, but they're genuinely different products located in the northwest section of the city.
One is a traditional single-family neighborhood that's been building out for over a decade. The other is a newer luxury enclave wrapped around a mixed-use commercial district. Which one fits depends on your budget, the architectural style you want to live in, and whether you'd rather have a quiet residential subdivision or the ability to walk to a boutique hotel and a restaurant without getting in your car.
Home Styles and Real Estate Costs
These are two of the highest price points you'll find anywhere in Tarrant County, so this breakdown details what you get at each level. Southlake's overall market currently has roughly 143 homes for sale, and both developments draw from that upper tier.
Prices shift based on the age of the home, the specific phase of development, lot size, square footage, and exterior finishes.
Properties in Carillon
Construction in Carillon started in 2012, and the community is expected to reach about 340 homes at full build-out. Lots run from 0.15 to 0.35 acres, so there's some variation in scale even within the neighborhood.
Entry-level pricing here starts in the upper $600,000s, with custom homes climbing into the millions. Based on the latest full-year data from 2025, Redfin showed Carillon homes selling at a median of $1.8 million, though earlier reports put the average home value closer to $1,685,000. Both numbers tell the same story: this is not a starter-home market.
Properties in Carillon Parc
Carillon Parc is largely new construction from the mid-2020s, and the architecture reflects that intentionality - old-world detailing with slate roofs, painted brick exteriors, and cobblestone accents throughout.
The price point is a step up from the original neighborhood. Recent listings show a median list price around $3,115,000. New construction from builders like Olerio Homes starts at $2,695,000 for floor plans between 4,290 and 5,184 square feet, and homes average roughly $644 per square foot.
Comparing Amenities and HOA Structures
The Carillon Homeowner's Association is managed by Principal Management Group of North Texas, which charges a $375 resale certificate fee during a transaction. Verify exact monthly or annual dues directly with the management company before you're under contract - don't rely on what a neighbor thinks they're paying.
Carillon Parc's association structure is a different animal. Because it integrates residential properties with a 42-acre commercial project, the HOA is likely more complex than a standard single-family subdivision. Mixed-use master associations typically run higher dues to cover the extensive shared spaces involved.
Amenities in the Carillon Neighborhood
Carillon runs as a traditional residential community - common area maintenance and landscaping are included, and residents have access to a community clubhouse and a swimming pool with a pavilion. There are also greenbelts, walking paths, and sports fields throughout the neighborhood.
A section called The Preserve offers something a little more specific: a playground, a sport court, and a walking trail routed through a forest of century-old oak trees. That's a genuinely nice detail for a suburban subdivision.
The Mixed-Use Experience at Carillon Parc
Carillon Parc is built around a 42-acre walkable layout that includes a boutique hotel, office spaces, dining, and luxury shopping. Rather than a single clubhouse, the development is organized into six districts - The Piazza, The Boulevard, and The Terrace among them.
Outdoor amenities center on a large central plaza and an expansive park with water features. Oversized sidewalks and cobblestone details are built into the infrastructure specifically to move pedestrian traffic between the residential and commercial zones. It's designed to feel like a destination.
Southlake Location Details and Property Taxes
Both communities sit in northwest Southlake, with access to the broader Dallas-Fort Worth metro area. Before you fall in love with a number on a listing, run the tax math - it matters at these price points.
Based on the latest full-year data from 2025, Tarrant County set its property tax rate at $0.1862 per $100 of valuation. That breaks down to roughly $0.1730 for maintenance and operations and $0.0132 for debt service. The county rate is only one piece of what you'll actually owe. When you layer in city and school district rates, the typical overall property tax rate for Tarrant County homeowners runs about $2.24 per $100 of taxable value - though the exact figure varies for properties zoned to Carroll ISD.
Frequently Asked Questions
What is the main difference between buying a home in the original Carillon neighborhood versus the new Carillon Parc development in Southlake?
The original Carillon is a traditional single-family subdivision that began construction in 2012. Carillon Parc is a newer, 42-acre mixed-use development that combines ultra-luxury residences with a boutique hotel, retail, and office spaces.
Are the new luxury villas in Carillon Parc zoned for the same Southlake Carroll ISD schools as the single-family estates in Carillon?
Properties in the original Carillon neighborhood are zoned for Carroll ISD schools. Since Carillon Parc is located in the same northwest Southlake area, verify specific school boundaries directly with the district.
Do residents of Carillon Parc pay the same HOA dues and property tax rates as those living in the traditional Carillon subdivision?
Property tax rates depend on the combined Tarrant County, Southlake, and Carroll ISD rates, which apply to both areas. HOA dues, though, likely differ - Carillon Parc's mixed-use design and commercial integration suggest a different association structure than Carillon's traditional single-family HOA.
What is the construction timeline and waitlist process for the new residential phases of Carillon Parc?
Carillon Parc is a developing enclave built largely as new construction in the mid-2020s. Specific waitlist timelines aren't publicly listed, so contact the developer directly to check current inventory.
Will homeowners in the original Carillon neighborhood share private amenity access with the new retail and plaza spaces being built at Carillon Parc?
The retail, dining, and central plaza at Carillon Parc are part of a commercial mixed-use design accessible to the public. The original Carillon neighborhood maintains its own private amenities separately - including the community clubhouse and pool.
How is the mixed-use commercial development at Carillon Parc expected to impact the resale value of existing homes in Carillon?
Resale values depend on broader market shifts and inventory. As of mid-2026, the overall Southlake median sale price is approximately $1,389,000, while Carillon homes showed a median of $1.8 million based on the latest full-year data from 2025.
