$7,400,000

5112 Palomar Ln Dallas, TX 75229

6 beds
8 full, 3 partial
12,731 sqft
1.3 acres
$581 / sqft
House

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

Home typeSingle Family Residence
HeatingCentral, Fireplace(s), Zoned
StatusActive
CoolingCentral Air
Size12,731 sqft
Lot size1.25 Acres
Year built2006
ParkingDoor-Multi, Electric Gate, Gated
MLS #20964380
Attached garage5 spaces
FireplaceFamily Room, Gas Log, Great Room, Primary Bedroom, Outside

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

IDX ©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
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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, Dallas, TX 75229 - surrounding community featuring a gate

$7,400,000

5112 Palomar Ln

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

4%
<35k
13%
35k-100k
38%
100k-200k
45%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

15%
Single, No Kids
3%
Single, with Kids
48%
Married, No Kids
34%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
12%
12-17 yrs old
6%
18-34 yrs old
50%
35-64 yrs old
19%
65+ yrs old

What do the neighbors do for fun?

  • Skiing/snowboardingSkiing/snowboarding
  • Men's TennisMen's Tennis
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • NordstromNordstrom
  • BloomingdalesBloomingdales
  • Chico'sChico's

Where do the neighbors go to eat?

  • California Pizza KitchenCalifornia Pizza Kitchen
  • Bonefish GrillBonefish Grill
  • QdobaQdoba

What do the neighbors drive?

  • BMWBMW
  • LexusLexus
  • CadillacCadillac

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • NewsNews
  • ClassicalClassical
All data provided by Home Junction and Claritas

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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.

From Rocket Homes Real Estate and based on county public records data.

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