5216 Palomar Ln Dallas, TX 75229
Preston Hollow NeighborhoodEstimated payment $60,944/month
Highlights
- Very Popular Property
- Two Primary Bedrooms
- Built-In Coffee Maker
- In Ground Pool
- Built-In Refrigerator
- 1.13 Acre Lot
About This Home
Open Sunday 2:00-4:00. Regal and majestic, this custom beauty situated on over 1.13 acres in Lobello Estates of Preston Hollow is unmatched. Notable elegance defined by its stunning architecture, this 6 bedroom encompasses it all. A grand two level foyer with floor to ceiling glass flanked by the library and formal living. The downstairs master designed for tranquility with a spa like bathroom features an exquisite soaking tub, shower, 2 large custom walk-in closets, vanity area, a private gym, laundry, coffee bar & fridge. Oversized eat-in kitchen island with custom European cabinetry, Miele appliances, two dishwashers, & Miele built-in coffee maker all seamlessly blend for a well appointed sleek design. The epoxy-finished 4 car garage with hydraulic glass doors doubles as a versatile flex space for catering, events, or even a game of basketball complete with an all glass wall overlooking the backyard, future sport court or pool house. A commercial grade elevator & multiple staircases provides access to the second level, which includes 5 bedrooms all ensuite (1 of which lives like a Junior Master) laundry and Media Room. Thoughtfully curated touches such as smart touch drapery throughout entire home, caesarstone countertops, speciality lighting, wine room feature, & butler's pantry with sparkling water on demand. Outdoor living speaks for itself with expansive greenscape of turf, natural grass, trees and pool offering endless possibilities for relaxation and entertainment. Experience a level of luxury living in one of Dallas' most desired neighborhoods. This is more than a home-it's a lifestyle. Pool House & Cabana plans available.
Listing Agent
Allie Beth Allman & Assoc. Brokerage Phone: 214-244-0181 License #0659311 Listed on: 09/11/2025
Co-Listing Agent
Allie Beth Allman & Assoc. Brokerage Phone: 214-244-0181 License #0539273
Open House Schedule
-
Sunday, September 21, 20252:00 to 4:00 pm9/21/2025 2:00:00 PM +00:009/21/2025 4:00:00 PM +00:00Add to Calendar
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $156,240
Year Built
- Built in 2023
Lot Details
- 1.13 Acre Lot
- Wood Fence
- Interior Lot
- Private Yard
Parking
- 4 Car Attached Garage
- Electric Vehicle Home Charger
- Inside Entrance
- Parking Accessed On Kitchen Level
- Lighted Parking
- Side Facing Garage
- Side by Side Parking
- Epoxy
- Multiple Garage Doors
- Garage Door Opener
- Circular Driveway
Home Design
- Contemporary Architecture
- Pillar, Post or Pier Foundation
- Slab Foundation
- Slate Roof
- Stucco
Interior Spaces
- 9,446 Sq Ft Home
- 2-Story Property
- Elevator
- Open Floorplan
- Wet Bar
- Dual Staircase
- Home Theater Equipment
- Dry Bar
- Vaulted Ceiling
- Chandelier
- Decorative Lighting
- Gas Fireplace
- Living Room with Fireplace
- Dining Room with Fireplace
- 2 Fireplaces
- Loft
- Laundry Room
Kitchen
- Eat-In Kitchen
- Gas Cooktop
- Built-In Refrigerator
- Ice Maker
- Dishwasher
- Wine Cooler
- Built-In Coffee Maker
- Kitchen Island
- Disposal
Flooring
- Engineered Wood
- Marble
Bedrooms and Bathrooms
- 6 Bedrooms
- Fireplace in Bedroom
- Double Master Bedroom
- Walk-In Closet
- In-Law or Guest Suite
- Soaking Tub
Home Security
- Home Security System
- Smart Home
- Carbon Monoxide Detectors
- Fire Sprinkler System
Outdoor Features
- In Ground Pool
- Exterior Lighting
- Rain Gutters
Schools
- Pershing Elementary School
- Hillcrest High School
Utilities
- Central Heating and Cooling System
- Power Generator
- Tankless Water Heater
Community Details
- Neighborhood Patrol Association
- Lobello Estates Subdivision
Listing and Financial Details
- Legal Lot and Block 5 / D5518
- Assessor Parcel Number 00000415903000000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $127,066 | $6,218,000 | $2,599,000 | $3,619,000 |
| 2024 | $127,066 | $6,783,920 | $2,599,000 | $4,184,920 |
| 2023 | $127,066 | $5,030,160 | $2,429,500 | $2,600,660 |
| 2022 | $52,270 | $2,090,500 | $2,090,500 | $0 |
| 2021 | $40,243 | $1,525,500 | $1,525,500 | $0 |
| 2020 | $43,196 | $1,592,250 | $1,525,500 | $66,750 |
| 2019 | $45,936 | $1,614,500 | $1,525,500 | $89,000 |
| 2018 | $39,021 | $1,435,000 | $1,356,000 | $79,000 |
| 2017 | $28,208 | $1,435,000 | $1,356,000 | $79,000 |
| 2016 | $39,022 | $1,435,000 | $1,356,000 | $79,000 |
| 2015 | $27,168 | $1,265,500 | $1,186,500 | $79,000 |
| 2014 | $27,168 | $1,265,500 | $1,186,500 | $79,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/11/2025 09/11/25 | For Sale | $8,995,000 | -- | $952 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | Capital Title | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $2,695,000 | Construction | |
| Previous Owner | $417,000 | Credit Line Revolving | |
| Previous Owner | $0 | Credit Line Revolving |
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 21057153
APN: 00000415903000000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved
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