Discover a rare ownership opportunity in the highly desirable community of Southlake, Texas. Positioned on a spacious 0.45-acre lot lined with mature trees, 1206 Timberline Court offers flexibility for a variety of uses in a flourishing suburban market within the Dallas–Fort Worth metroplex. The property includes an existing single-story structure that can provide immediate occupancy for buyers seeking a move-in ready option, or the lot can serve as a prime site for new custom construction, enhancing long-term equity. This location benefits from excellent connectivity to major DFW employment hubs, premier retail, and lifestyle amenities. Southlake Town Square, dining, and entertainment venues are moments away, complemented by proximity to Carroll ISD schools, consistently ranked among the best in Texas. Convenient access to highways enables swift travel throughout the metro area, including direct routes to Dallas/Fort Worth International Airport and regional business centers. With the added advantage of residential and commercial zoning flexibility, this property is well suited for homeowners looking to create a personalized retreat or investors exploring adaptive reuse or redevelopment potential. Secure a foothold in one of North Texas’ most competitive real estate markets with this versatile offering.