Positioned surrounding the Southlake Town Hall, Southlake Town Square is a one stop shop destination encompassing Southlake Municipal Court, the town hall, the public library, single-family residential, Southlake DPS Headquarters, three pleasant parks, over one hundred stores, many eateries, entertainments centers, Hilton luxury boutique hotel, medical offices and more. The City hosts events annually such as Art in the Square, 4th of July celebrations, an Oktoberfest, the Christmas tree lighting, and many more. Nearby there is a trampoline park called Urban Air for some great family fun.

This city is extremely safe, clean and the people are very driven. Most residents are the owners of their homes and are considered to be in the upper middle class bracket.

High school students are proud to call themselves a Carroll Dragon, Southlake’s highly rated school district’s (Carroll Independent School District) mascot, and a member of the Southlake Carroll family. A family is exactly just what this community is and participates in boisterous school spirit. Everyone commemorates the big victories of the football team and supports each other during their shortcomings.

The district has a ninety-seven percent rate of attendance, scores consistently higher than the state and national averages on assessments, and a zero percent dropout rate. With exceeding composite scores than the national and state averages, over ninety percent of Carroll ISD's students participate in the college entrance examinations, the ACT and SAT. Then about ninety-eight percent of the seniors of Carroll go and enroll in a university or college.