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Palomar Estates Green Built Custom Homes from the $1 million and up. Looking for an exclusive Texas neighborhood with lots of open space, parks and ponds? If so, you will find it all at Palomar Estates. Located in Southlake Texas Palomar Estates Estates is perfect for anyone wanting to live just minutes from daily conveniences. The beautiful Palomar Estates is just 10 minutes from DFW and Alliance airports and only 19 miles from Downtown Dallas and Fort Worth. Let us help you build you a High Performance Green Custom Home on one of these beautiful half-acre lots! Additional Feature of Palomar Estates Lakeview lots High Performance Green Custom Homes Mediterranean or Classic Architectural Designs. Exemplary Southlake Carroll school district which features their well renowned Southlake Carroll football program. Close to Southlake Town Square.