$410,645Average Value$169Average Price per Sq Ft2Homes For Sale
Upscale housing in Wichita Falls
Stone Lake Estates offers upscale housing around a small lake in Wichita Falls. “It’s in a little pocket away from most other neighborhoods surrounding it,” says Realtor Debbie Dobbins. Dobbins runs the real estate company Love to the Moon, Inc. and a YouTube channel devoted to the city. “Every time I drive over there, I feel like I am in a different place,” she adds. “The homes are bigger, more modern, and they look more expensive, and they are more expensive.” An average weekend here looks like golfing at Weeks Park and walking the paved waterfront trails at Lake Wichita Park. The city college, Midwestern State University, is just 3 miles away for parents who aren’t ready to say goodbye yet. The city’s major shopping is also just a short drive from home, while Sheppard Air Force Base, a major employer, is 11 miles north.
Stone Lake Estates offer large homes that sit on half acer lots.
Stone Lake Estates offers upscale housing around a small lake in Wichita Falls.
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Stone Lake Estates homes were built in the 2000s
The neighborhood still has open land waiting to be developed, and some homes settled on half an acre, lending to a spacious feeling. While other areas of Wichita Falls are filled with 100-year-old cottages or '70s ranch-styles, here, brick neo traditionals built in the early 2000s to the 2010s line the roads. Most prices range from the mid $300,000s to the low $400,000s, but the most extensive and most expensive residences circle the lake in the neighborhood's southwestern section, fetching from the high $600,000s to over $1 million. These prices are significantly higher than the city average, around $170,000. According to Dobbins, this is one of only 7 communities with a Homeowners Association. But she adds that residents pay $100 a year at most in fees: "The HOA at Stone Lake Estates is probably just for enforcing HOA rules. There are no common amenities like a community room, pool or tennis court." Homes come with garages, which is essential as severe storms in North Texas bring hail. Mini tornadoes are also common, but there have only been 3 significant tornadoes in Wichita Falls' history, the last of which was in '79. Droughts are common during the summer. The Wichita Falls Fire Department saw an uptick in calls in 2023, leading it to apply for a federal grant to grow.
There are a few estate style homes in Stone Lake Estates.
Stone Lake Estates homes range from the $300,000s to the low $400,000.
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A-minus to B-minus rated schools on Niche
Students may begin their studies at Fain Elementary School, earning an A-minus rating on Niche, and Barwise Middle School, which maintains a B-minus rating. From there, they can filter into Legacy High School, which opened in August 2024. Legacy and its counterpart Memorial High were opened to replace the Wichita Falls High School which was aging out after 100 years. Legacy and Memorial embrace a hybrid curriculum by integrating online learning, and they foster collaborative in-person learning through breakout rooms and large auditoriums. For a private option, Christ Academy is on Stone Lake Drive. For a convenient college track, Midwestern State University is just over 2 miles north, with a 90% acceptance rate.
Wichita Legacy High School is a newly built school in Stone Lakes Estates.
Fain Elementary School scores an A-minus rating on Niche.com in Stone Lake Estates.
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The local YMCA got a fresh update
Dobbins says the local YMCA on Bartley Drive is one of the best in Wichita Falls. “They did an overhaul on it in the past two years. Everything is updated and new. Whenever I talk to someone, they say, ‘oh, I went to a Pilates class or a special yoga class. There are so many different programs going on over there.” Just north, Weeks Park spans over 250 acres and encompasses not only the city’s golf course but also a 3-mile concrete trail, 9 lighted tennis courts and a large picnic area. Edgemore Park, just over a mile east, has a playground with swings and a jungle gym. Southwest of the neighborhood, Lake Wichita Park wraps around an over 2,000-acre lake, offering a kayak launch and a boardwalk where people fish. It’s also the site of the city’s only dog park, offering off-leash areas for small and large dogs with obstacle courses and toys from balls to ropes. This park connects to Lucy Park, another major recreational hub and the site of the falls the city is known for, via its trail system. Kiwanis Park is just north of Lake Wichita Park and is known for its prairie dog enclosure, where people get an up-close look at the playful creatures.
Stone Lake Estates residents can practice their backhands at the tennis courts in Weeks Park.
The Champions Course at Weeks Park is where Stone Lake Estates residents tee off.
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Walmart Supercenter to Target close to home
"We have a Walmart Supercenter and a shopping center right there. There's another building supply company called Southerland's. It's more farm and ranch but it's like a Home Depot or Lowes. A lot of people love going there as opposed to the big boxes." The shopping center, 2 miles west, also has a Dollar Tree, McDonald's and Taco Bell. Dobbins says people love fast food in Wichita Falls, but there are also a few local spots. Catfish Grill off the Southwest Parkway has been a local go-to since 1993 for its fish frys served with okra and coleslaw. When locals want more dining and shopping options, they can head north along Kemp Boulevard, where there's a slew of chains, including a Target and the Sikes Senter Mall, where there's an At Home store and JC Penney's less than 3 miles away.
Grab an iced coffee and enjoy some shopping at Target near Stone Lake Estates.
WalMart is the go to for affortable groceries near Stone Lake Estates.
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There's a bus route on Southwest Parkway
Falls Ride operates a bus route along Southwest Parkway, just north, taking locals downtown and to regional shopping, including Sikes Senter. The neighborhood has a dental office, and there's an ER Now 24/7 Emergency Room 3 miles east. Kell West Regional Hospital is less than 6 miles north along the same route for a large-scale medical facility. Downtown Wichita Falls is less than 7 miles away, following U.S. State Route 281. Sheppard Air Force Base employees can get there in 10 miles via Interstate 44. Wichita Falls Regional Airport serves civilians and military personnel at the base, with American Airlines flights traveling to Dallas Fort Worth International daily.
Stone Lake Estates has plenty of open land for residents to enjoy.
Stone Lake Estates offers newer homes near recreation and shopping in Wichita Falls.
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Grace Church offers a place to worship
Grace Church’s steeple is a feature of the horizon in Stone Lake Estates. The church was founded in 1963 from a home bible study group and has grown to serve a large and devoted congregation. Some residents have been in the pews from the beginning. Some locals head downtown on Saturdays to grab fresh produce from the farmers market, which is open from 9 a.m. to 1 p.m. The downtown area also hosts an art walk from April to October on the first Thursday of the month, bringing in local vendors, food trucks and live music.
Local Churches are a common sight in Stone Lake Estates.
“Flying Fish,” by New Mexico artist Patrick Girault adds to the beauty of Stone Lake Estates.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Interested in learning more about homes in this area?
Reach out to
AMY HARMON,
an experienced agent in this neighborhood.
Parks in this Area
Weeks Park Tennis Center
The Champions Course At Weeks Park
Crime and Safety
1 - Low Crime, 10 - High Crime
Stone Lake Estates
US
Homicide
4
4
Sexual Assault
4
4
Assault with Weapon
4
4
Robbery
3
4
Burglary
3
4
Motor Vehicle Theft
2
4
Larceny
3
4
Crime Score
4
4
Source: WhatIsMyCrimeRisk.com
Demographics and Home Trends
On average, homes in Stone Lake Estates, Wichita Falls sell after 105 days on the market compared to the national average of 47 days. The average sale price for homes in Stone Lake Estates, Wichita Falls over the last 12 months is $476,850, up 26% from the average home sale price over the previous 12 months.
Exceptional Home, Boasting 2,300+ sqft. with "HGTV" design flair. Unique floor plan - Isolated Master Suite on one side & 2 secondary bedrooms on opposite; Office/bedrm w/full bath in middle. Kitchen has been totally remodeled w/granite counters; tons of cabinets; & stainless appliances. Amazingly, 4.5 baths thru out home; Sunroom w/full bath - could be a 5th bedrm; Central H&A system...PLUS
A stunning custom-built 4-bedroom, 3-bath home in Stone Lake Estates, blending classic elegance with modern comfort. Dive into the luxurious 28,000-gallon heated saltwater pool, complete with a CoolDeck-coated patio to keep your feet cool during scorching Texas summers. Designed for space and functionality, this home features two bedrooms on opposite ends, including a spacious primary suite. just
This beautiful 4 bedroom, 2.5 bathroom home with 2114 sq. ft. of living space, offers amble room for comfort and convenience. The open floor plan creates a welcoming atmosphere, featuring a large living area perfect for gatherings. The kitchen includes updated appliances, plenty of counter space for cooking and entertaining. The Master bedroom features a generous walk-in closet, dual sinks, a
Spacious 3 bedroom, 2 bath home built in desirable Stone Lake Estate featuring wonderful curb appeal, open living/dining room, a great kitchen with stainless appliances, granite countertops and lots of cabinets plus island. Isolated master bedroom with large master bathroom offering a walk-in closet, jacuzzi tub and separate tile shower. 2nd & 3rd bedrooms share a lovely hall bath with
Interested in learning more about homes in this area?
Reach out to
AMY HARMON,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
346
Median Age
32
Population Density
3 ppl/acre
Population under 18
25.1%
On par with the national average
23.8%
Population over 65
15%
On par with the national average
19.1%
Finances
Median Household Income
$66,617
Below the national average
$71,702
Average Household Income
$103,136
Education and Workforce
High School Graduates
88.7%
College Graduates
33.9%
Advanced Degrees
9%
On par with the national average
13.3%
% Population in Labor Force
68.3%
On par with the national average
65.1%
Area Factors
Somewhat Bikeable
Bike Score®
27/ 100
Car-Dependent
Walk Score®
8/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
