5515 Palomar Ln Dallas, TX 75229

$9,850,000
5 beds
5 full, 3 partial
9,061 sqft
1.1 acres
$1,087 / sqft
House

Property details

About 5515 Palomar Ln

Modern Cape Cod estate designed by Lloyd Lumpkins on 1.1 acres in the prestigious Lobello Estates area of Preston Hollow. Features include 5 en-suite bedrooms, 3-half bathrooms, 4 living areas & one dining area. The primary suite is a wonderful retreat with a wall of windows overlooking the backyard, fountain & large sculpture. Features also include a wet room with oversized shower & soaking tub & a private courtyard with outdoor shower. The well appointed chef’s kitchen includes 3 islands, Miele double refrigerator & freezer, induction cooktop, Bertazzoni gas range, steam oven & a China gallery with coffee bar. The kitchen opens into the large family room with fireplace & screened-in-porch that feature views of the private backyard with sport or pickleball court, pool & spa & large grassy lawn. Indoors, entertain in style in a stunning parlor with wet bar & climate-controlled wine storage. Upstairs features a guest wing, living area and 2 sitting areas & 3 additional ensuite bedrooms.

Highlights

Home typeSingle Family Residence
HeatingCentral, Fireplace(s), Natural Gas, Zoned
StatusActive
CoolingCentral Air, Electric, Zoned
Size9,061 sqft
Lot size1.1 Acres
Year built2021
ParkingGarage
MLS #20747808
Garage4 spaces
FireplaceGas

Virtual tour

Summary

  • MLS Number: 20747808
  • MLS Name: NTR
  • Office Name: Compass RE Texas, LLC.
  • Office Phone: (214) 213-4314
  • Listing Agent: Gianna Cerullo

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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 2/5/2025, 3:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of property featuring a front yard

$9,850,000

5515 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$4,832,700$92,605
2023$4,802,240$110,200
2022$2,135,000$53,596
2021$1,485,000$38,603
2019$1,650,000$45,104
2018$1,564,750$44,520
2017$1,564,750$42,549

History based on county public records data.

Nearby schools

7

John J. Pershing Elementary School

Public District PK-5

0.3 mi

5715 Meaders Ln

6

Preston Hollow Elementary School

Public District EE-5

1.2 mi

6423 Walnut Hill Ln

6

Arthur Kramer Elementary School

Public District EE-5

1.9 mi

7131 Midbury Dr

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. Typical income of Dallas, TX residents is $200k+ annually. The majority of families are married, no kids. Most 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 5515 Palomar Ln

This home is located at 5515 Palomar Ln in Dallas, TX and zip code 75229 in the Preston Hollow neighborhood. This 9,061 square foot home, which was built in 2021, sits on a 1.10 acre lot. Features: 5 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since October 7, 2024 and is currently priced at $9,850,000.

Dallas, TX housing market in January 2025 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 3 sold below. Between December and January 2025, Dallas, TX real estate market has seen increase in the number of listings by 16.7%. In January 2025, listings were on the market for 103 days. During the same period, the median list price in this real estate market was $415,000.

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

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