#20860401, Elizabeth Wisdom, Alex Perry, Listing office: Allie Beth Allman & Assoc.
5112 Palomar Ln Dallas, TX 75229
Property details
About 5112 Palomar Ln
RECENTLY UPDATED! Exceptional gated property on 1.25 acres in Lobello Estates. Built by Crescent Custom Homes, this estate has been impeccably maintained and beautifully updated. Prime location on an impeccably manicured lot with lush grounds, cascading waterfall and fountain. Interior features include first floor primary bedroom with his and her spa like bathrooms, custom closets, downstairs guest suite, study, elevator, climate controlled walk in wine storage and great room with large wet bar. Kitchen has been beautifully outfitted with designer lighting, top of the line appliances and quartzite countertops. Upstairs are 4 oversized bedrooms all with en suite baths, separate mother in law suite with living room and kitchenette, exercise room, gameroom, media room. This home is an entertainers dream with pool, spa, impressive outdoor kitchen. heated patio and beautiful landscaping. Huge additional yard is perfect for tennis or pickleball court. Picture perfect setting in the heart of Dallas near the private school corridor.
Highlights
Virtual tour
Summary
- Partial Bathrooms: 3
- Full Bathrooms: 8
- Appliances: Other, Gas Range, Refrigerator, Dishwasher, Electric Oven, Gas Cooktop, Disposal, Ice Maker, Microwave, Plumbed for Gas, Range, Water Softener, Vented Exhaust Fan, Wine Cooler
- Basement: No
- Flooring Type: Carpet, Hardwood, Marble
- Interior: Wet Bar, Chandelier, Decorative/Designer Lighting Fixtures, Eat-in Kitchen, Elevator, High Speed Internet, In-Law Floorplan, Kitchen Island, Multiple Staircases, Open Floorplan, Pantry, Smart Home, Natural Woodwork, Walk-In Closet(s), Wired for Sound
- Fireplace: Family Room, Gas Log, Great Room, Primary Bedroom, Outside
- Total Bedroom Count: 6
- Garage Space: 5 spaces
- Attached Garage: Yes
- Parking: Door-Multi, Electric Gate, Gated
- Exterior: Balcony, Barbecue, Gas Grill, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Living Area, Rain Gutters
- Architectural Style: Traditional, Detached
- Heating: Central, Fireplace(s), Zoned
- Cooling: Central Air
- List Price: $7,400,000
- Price/SqFt: $581
- Annual Tax Amount: $116,560
- Tax Year: 2024
- Lot: Corner Lot, Landscaped, Sprinklers, Few Trees
- Directions: North of Walnut Hill, South of Royal. SE corner of Inwood and Palomar
- Year Built: 2006
- Living Area: 12,731 SqFt
- Lot Size: 1.25 Acres
- MLS Number: 20964380
- MLS Name: NTR
- Office Name: Allie Beth Allman & Assoc.
- Office Phone: (214) 763-6755
- Listing Agent: Brandi Bragg
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Last updated on: 6/13/2025, 6:45:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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5112 Palomar Ln
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Price information
Property sales
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Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $8,171,390 | $116,560 |
2023 | $8,600,000 | $105,781 |
2022 | $5,552,320 | $102,378 |
2021 | $4,642,550 | $100,531 |
2019 | $4,792,020 | $130,993 |
2018 | $4,649,670 | $132,294 |
2017 | $4,806,740 | $130,705 |
History based on county public records data.
Nearby schools
7
John J. Pershing Elementary School
Public District PK-5
0.6 mi
•5715 Meaders Ln
6
Preston Hollow Elementary School
Public District EE-5
1.5 mi
•6423 Walnut Hill Ln
7
Harry C. Withers Elementary School
Public District PK-6
1.8 mi
•3959 Northaven Rd
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 $179,412. Most Dallas, TX residents have annual incomes $200k+. The most common type of family is married, no kids. The majority of residents in this area have post secondary degree education.
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Frequently asked questions
About 5112 Palomar Ln
The listing price of 5112 Palomar Ln property is $7,400,000.
The property 5112 Palomar Ln is a house located in Dallas, Texas, 75229.
Active Listing: 5112 Palomar Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5112 Palomar Ln are: John J. Pershing Elementary School (GreatSchools Rating 7/10), Preston Hollow Elementary School (GreatSchools Rating 6/10), Harry C. Withers Elementary School (GreatSchools Rating 7/10), Walnut Hill International Leadership Academy (GreatSchools Rating 4/10), George B Dealey Montessori Academy (GreatSchools Rating 10/10), Benjamin Franklin International Exploratory Academy (GreatSchools Rating 6/10), Thomas Jefferson High School (GreatSchools Rating 3/10), Hillcrest High School (GreatSchools Rating 4/10), W.T. White High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2024 is $116,560 (source: MLS/based on county public records data).
The property at 5112 Palomar Ln has 6 bedrooms and 8 full and 3 half bathrooms.
The property 5112 Palomar Ln is 12,731 SqFt (source: MLS/tax record).
The year of construction for 5112 Palomar Ln is 2006.
This home is located at 5112 Palomar Ln in Dallas, TX and zip code 75229 in the Preston Hollow neighborhood. This 12,731 square foot home, which was built in 2006, sits on a 1.25 acre lot. Features: 6 bedrooms, 11 bathrooms. It has been listed on Rocket Homes since June 10, 2025 and is currently priced at $7,400,000.
Between April and May 2025, Dallas, TX real estate market has seen increase in the number of listings by 13.4%. The median list price of listings available in May 2025 was $471,371, while the average time on the real estate market was 70 days.