#20926569, Heather Shepard, Listing Office: The Nav Agency
5020 Park Ln Dallas, TX 75220
Property details
About 5020 Park Ln
Located on a gated 1.1-acre lot on one of the most prestigious streets in Old Preston Hollow, this exceptional estate by CID award-winning builder S&R Development defines luxury living. Tucked away in a serene, storybook setting, the home captures stunning outdoor views from every angle, offering both privacy and connection to nature. Blending a modernist aesthetic with the charm of southern France, the residence features expansive open living spaces framed by floor-to-ceiling steel windows that overlook a resort-style pool, terrace, and beautifully manicured gardens. Every detail reflects thoughtful design—seamlessly integrating sophisticated architecture with lush landscaping, tiered green spaces, and effortless indoor-outdoor flow. A separate casita, currently utilized as a gym, offers flexibility to serve as a pool or guest house. The property is equipped with a full-house generator. The four-car garage features four lifts, maximizing vehicle storage—a rare combination of premier location, inspired design, and tranquil elegance.
Highlights
Virtual tour
Summary
- Partial Bathrooms: 2
- Full Bathrooms: 5
- Appliances: Other, Built-In Coffee Maker, Refrigerator, Convection Oven, Double Oven, Dishwasher, Electric Oven, Gas Cooktop, Disposal, Microwave, Plumbed for Gas, Vented Exhaust Fan, Warming Drawer, Wine Cooler
- Basement: No
- Flooring Type: Hardwood, Stone
- Interior: Wet Bar, Built-in Features, Chandelier, Decorative/Designer Lighting Fixtures, Eat-in Kitchen, Elevator, High Speed Internet, Kitchen Island, Multiple Staircases, Open Floorplan, Smart Home, Cable TV, Vaulted Ceiling(s), Walk-In Closet(s), Wired for Sound
- Fireplace: Gas, Gas Log, Masonry, Wood Burning
- Total Bedroom Count: 5
- Garage Space: 4 spaces
- Attached Garage: Yes
- Parking: Driveway, Electric Gate, Garage Faces Front, Garage, Garage Door Opener, Gated
- Exterior: Awning(s), Balcony, Courtyard, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Living Area, Private Yard
- Architectural Style: Contemporary/Modern, Mediterranean, Detached
- Heating: Central, Natural Gas
- Cooling: Central Air, Electric
- List Price: $12,250,000
- Price/SqFt: $1,183
- Annual Tax Amount: $130,465
- Tax Year: 2024
- Lot: Back Yard, Lawn, Landscaped, Many Trees
- Directions: From Northwest Highway and Inwood, head north on Inwood, west on Park. Home is on the left.
- Year Built: 2017
- Living Area: 10,352 SqFt
- Lot Size: 1.107 Acres
- MLS Number: 20913741
- MLS Name: NTR
- Office Name: Allie Beth Allman & Assoc.
- Listing Agent: Alex Perry, Carla Johnson
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Last updated on: 5/21/2025, 3:20:39 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$12,250,000
5020 Park Ln
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Price information
Property sales
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Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $7,550,250 | $130,465 |
2023 | $6,561,200 | $118,422 |
2022 | $5,700,000 | $110,463 |
2021 | $5,350,200 | $116,175 |
2019 | $5,316,350 | $145,326 |
2018 | $4,746,910 | $135,060 |
2017 | $3,436,630 | $93,449 |
History based on county public records data.
Nearby schools
7
John J. Pershing Elementary School
Public District PK-5
1.2 mi
•5715 Meaders Ln
10
Robert S. Hyer Elementary School
Public District KG-4
1.6 mi
•3920 Caruth Blvd
6
Preston Hollow Elementary School
Public District EE-5
1.7 mi
•6423 Walnut Hill Ln
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $261,589. The most common annual income of people living in Dallas, TX is $200k+. Most families are married, no kids. The most common level of education of people living in this area is post secondary degree.
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Frequently asked questions
About 5020 Park Ln
The listing price of 5020 Park Ln property is $12,250,000.
The property 5020 Park Ln is a house located in Dallas, Texas, 75220.
Active Listing: 5020 Park Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5020 Park Ln are: John J. Pershing Elementary School (GreatSchools Rating 7/10), Robert S. Hyer Elementary School (GreatSchools Rating 10/10), Preston Hollow Elementary School (GreatSchools Rating 6/10), Walnut Hill International Leadership Academy (GreatSchools Rating 4/10), Sudie L Williams Talented and Gifted Academy (GreatSchools Rating 10/10), Henry W Longfellow Career Exploration Academy (GreatSchools Rating 10/10), Thomas Jefferson High School (GreatSchools Rating 3/10), Highland Park High School (GreatSchools Rating 9/10), Hillcrest High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $130,465 (source: MLS/based on county public records data).
The property at 5020 Park Ln has 5 bedrooms and 5 full and 2 half bathrooms.
The property 5020 Park Ln is 10,352 SqFt (source: MLS/tax record).
The year of construction for 5020 Park Ln is 2017.
This home is located at 5020 Park Ln in Dallas, TX and zip code 75220 in the Preston Hollow neighborhood. This 10,352 square foot home, which was built in 2017, sits on a 1.11 acre lot. Features: 5 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since April 25, 2025 and is currently priced at $12,250,000.
The number of homes for sale in Dallas, TX increased by 17.6% between March and April 2025. While the average time on the market in April 2025 was 68 days, the median list price was $467,706.