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Tarrant County (small areas in Denton County) · TX

Cost of living in Southlake, TX

By Mariela Lovo Ol, REALTOR® · Updated

The cost of living in Southlake, TX is driven mostly by housing and property taxes. Texas has no personal income tax, and the city offers a 20% homestead exemption, so the details of each address matter.

How much does housing cost in Southlake?

Prices change quickly, so this page shows live MLS figures rather than a median that would go stale. Compare by lot size, school district and distance from the airport corridor, since those shape price within the city.

On larger north-side lots, include septic maintenance or well testing in your budget if the home is not on city services.

Set your range with the affordability calculator, then browse Southlake homes for sale.

What property taxes will I pay?

The City of Southlake adopted $0.29 per $100 of value for fiscal 2027 and offers a 20% homestead exemption. Carroll ISD adopted $0.9269 for 2026-27, and Tarrant County adopted $0.186 in September 2026. The county hospital district and Tarrant County College add their own rates.

See property taxes in Southlake for exemptions and protest steps.

What will insurance cost to cover?

Hail is the storm risk to plan for. The Texas Department of Insurance explains that policies can carry separate deductibles for different types of loss, and a roof paid at actual cash value pays less as it ages. Standard home policies exclude flood, so check the FEMA map for lots near creeks that drain to Grapevine Lake.

Ask your agent for the roof's age and material, since both affect the premium and how a hail claim would be paid.

Get a quote on the actual house before your option period ends.

Who provides utilities in Southlake?

Southlake Water Utilities handles water and sewer; new accounts pay a $75 deposit and a $15 service fee. Community Waste Disposal picks up trash twice a week and recycling once a week, billed on the city utility bill. Atmos Energy provides gas.

Electricity comes from Oncor in some areas and Tri-County Electric Cooperative in others. In Oncor areas you pick a retail provider on Power to Choose; co-op members buy from the co-op.

What does it cost to get around?

There is no bus or rail inside Southlake, so most trips are by car on SH 114, SH 26 and Southlake Boulevard. TEXRail's Grapevine/Main Street station, just outside the city, runs to DFW Airport Terminal B and downtown Fort Worth.

If you use North Texas toll roads, get a TollTag. NTTA says drivers billed by mail through ZipCash pay twice as much.

What are the sales and income taxes?

Southlake's combined sales tax rate is 8.25%: the 6.25% state rate plus local taxes at the 2% maximum. Texas has no personal income tax.

Common questions

What is the sales tax rate in Southlake, TX?

The combined rate is 8.25%, according to the Texas Comptroller's July 2026 rate table. That is the 6.25% state rate plus 2% in local taxes.

What is Southlake's city property tax rate?

The city adopted $0.29 per $100 of value for fiscal 2027, with a 20% homestead exemption. Your bill also includes your school district, Tarrant County, the hospital district and Tarrant County College.

Can I choose my electricity provider in Southlake?

It depends on the address. Oncor areas have retail choice through Power to Choose, while Tri-County Electric Cooperative members buy from the co-op. Ask which utility serves the home before you close.

Is there public transit in Southlake?

Not inside city limits. The nearest rail stop is TEXRail's Grapevine/Main Street station, which runs to DFW Airport and downtown Fort Worth.

Sources

  1. QuickFacts: Southlake city, Texas (with Fort Worth, Grapevine, Flower Mound, Denton), U.S. Census Bureau (read 2026-09-24)
  2. Southlake, Texas (coordinates, counties, transportation), Wikipedia (read 2026-09-24)
  3. Your Taxes for Your Southlake, City of Southlake (read 2026-09-24)
  4. Truth-in-Taxation, City of Southlake (read 2026-09-24)
  5. Schools directory, City of Southlake (read 2026-09-24)
  6. Online enrollment portal and attendance zones, Carroll ISD (read 2026-09-24)
  7. Southlake Town Square, Wikipedia (read 2026-09-24)
  8. SPIN District Map, City of Southlake (read 2026-09-24)
  9. Bob Jones Park, City of Southlake (Experience Southlake) (read 2026-09-24)
  10. Bob Jones Nature Center and Preserve, City of Southlake (Experience Southlake) (read 2026-09-24)
  11. Champions Club at The Marq Southlake, City of Southlake (Experience Southlake) (read 2026-09-24)
  12. DFW Airport and the City of Southlake, City of Southlake (read 2026-09-24)
  13. Aircraft noise program, DFW International Airport (read 2026-09-24)
  14. Water Utilities, City of Southlake (read 2026-09-24)
  15. Trash & Recycling, City of Southlake (read 2026-09-24)
  16. Utility providers directory, City of Southlake (read 2026-09-24)
  17. Carroll ISD reduces tax rate for FY 2026-27, Community Impact (read 2026-09-24)
  18. Just the facts: Southlake Tax Increment Reinvestment Zone, Carroll ISD (read 2026-09-24)
  19. Homestead exemption, Tarrant Appraisal District (read 2026-09-24)
  20. Property owners: file your property value protest by May 15, Tarrant Appraisal District (read 2026-09-24)
  21. Property tax exemptions, Texas Comptroller of Public Accounts (read 2026-09-24)
  22. Property tax protests and appeals, Texas Comptroller of Public Accounts (read 2026-09-24)
  23. Starting a New Business (Fiscal Notes), Texas Comptroller of Public Accounts (read 2026-09-24)
  24. Municipally-Owned Electric Utilities and Electric Cooperatives FAQs, Public Utility Commission of Texas (read 2026-09-24)
  25. Power to Choose (official PUCT electricity shopping site), Public Utility Commission of Texas (read 2026-09-24)
  26. Dallas/Fort Worth Climate Narrative, National Weather Service Fort Worth (read 2026-09-24)
  27. Home insurance guide, Texas Department of Insurance (read 2026-09-24)
  28. Texas Water Code Section 49.452 – Notice to Purchasers, Texas Water Code (via texas.public.law) (read 2026-09-24)
  29. FEMA Flood Map Service Center, FEMA (read 2026-09-24)
  30. Texas Public Schools accountability ratings, Texas Education Agency (read 2026-09-24)
  31. About TEXRail, Trinity Metro (read 2026-09-24)
  32. Grapevine Lake information, U.S. Army Corps of Engineers (read 2026-09-24)
  33. Tarrant County commissioners cut tax rate, approve budget, Community Impact (read 2026-09-24)
  34. Denton Central Appraisal District, Denton CAD (read 2026-09-24)
  35. Valuing Property (homestead 10 percent limit; circuit breaker limitation), Texas Comptroller of Public Accounts (read 2026-09-24)
  36. Sales and Use Tax, Texas Comptroller of Public Accounts (read 2026-09-24)
  37. Texas Sales and Use Tax Rates – July 2026 (city rates), Texas Comptroller of Public Accounts (read 2026-09-24)
  38. Fence and Pool Barrier Guidelines (Feb 2026), City of Southlake Building Inspections (read 2026-09-24)
  39. Health and Safety Code Chapter 757 – Pool Yard Enclosures, Texas Legislature (via texas.public.law) (read 2026-09-24)
  40. Deep Soil Mixing Technology for Mitigation of Pavement Roughness (Report 0-5179-1), Texas Department of Transportation / Texas A&M Transportation Institute (read 2026-09-24)
  41. Carroll ISD accountability overview, Texas Education Agency (TXschools.gov) (read 2026-09-24)
  42. Grapevine-Colleyville ISD accountability overview, Texas Education Agency (TXschools.gov) (read 2026-09-24)
  43. Keller ISD accountability overview, Texas Education Agency (TXschools.gov) (read 2026-09-24)
  44. Northwest ISD accountability overview, Texas Education Agency (TXschools.gov) (read 2026-09-24)
  45. NTTA home page (TollTag and ZipCash), North Texas Tollway Authority (read 2026-09-24)

Last reviewed: 2026-09-24. Descriptions cover places and amenities, not the people who live there. We are committed to the Fair Housing Act.