
Status: Active
5109 Old Gate Ln
Parker, TX 75002
$795,000
------/mo*
CalculateStunningly Renovated Dream Home on 2 Acres in Desirable Parker – No HOA!
This meticulously updated 4-bedroom, 3-bathroom home situated on a serene 2-acre lot—just minutes from shopping, dining, and amenities. Major system upgrades include: Cast iron plumbing has been replaced with modern new PVC plumbing, new electrical panel and upgraded wiring to code, new roof and new water heater. Oversized Garage with power - ready for your workshop or extra storage! This move in ready home offers the perfect blend of modern luxury and country charm, with over $225,000 in upgrades. Step inside to discover raised living room ceilings, gorgeous new flooring throughout, and a new Designer kitchen featuring quartzite countertops, a built-in appliance garage, beverage fridge, and stylish finishes. Designed for both daily living and entertaining, the home boasts a new entertainer’s pantry, a stunning mudroom, and a newly added third bathroom. This move-in ready home combines thoughtful design and top-quality finishes to deliver comfort, style, and functionality. As a Bonus, buyers can take advantage of a 1% lender credit toward closing costs - plus ask about potential seller concessions!
Don’t miss this opportunity to own a fully upgraded home in the desirable Parker area.
Read more- Bedrooms
- 4
- Baths
- 3
- House Size
- 2,614 sqft
- Year Built
- 1971
- Lot Size
- 2.01 ac
- School District
- Plano ISD
Location
Market Insights
In the last 30 days, homes for sale in 75002, Allen, TX were on the market for a median of 51 days and 8.57% of homes sold above list price.

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Explore this home’s layout as if you were walking through it in person.
Start TourInterior Information
- appliances
- Dishwasher
- Disposal
- Electric Cooktop
- Electric Oven
- Electric Water Heater
- Vented Exhaust Fan
- Wine Cooler
- cooling
- Ceiling Fan(s)
- Central Air
- Heat Pump
- features
- Built-in Features
- Double Vanity
- Dry Bar
- Eat-in Kitchen
- Granite Counters
- Kitchen Island
- Open Floorplan
- Pantry
- Walk-in Closet(s)
- High Speed Internet
- In-law Floorplan
- fireplace
- Living Room
- Wood Burning
- flooring
- Carpet
- Tile
- Wood
- heating
- Exhaust Fan
- Central
- Electric
- Heat Pump
- laundry features
- Electric Dryer Hookup
- Washer Hookup
Exterior Information
- features
- Private Yard
- fence
- Back Yard
- Wire
- Wood
- patio and porch
- Covered
- roof
- Composition
Property Information
- construction
- Brick
- foundation
- Slab
- parking
- Additional Parking
- Circular Driveway
- Driveway
- Garage
- Garage Door Opener
- Garage Faces Front
- Oversized
- security features
- Smoke Detector(s)
- sewer
- Public Sewer
- Septic Tank
- subdivision name
- Cotton Wood Acres North
- utilities
- Electricity Available
- water source
- Public

- Listed By Lizi Brown
- (281) 732-6586
- Keller Williams Realty Allen
- (972) 747-5100
- klrw246@kw.com
- MLS 20968595
Tax History
Date | Property Tax | Land | Additions | Tax Assessment |
---|---|---|---|---|
2024 | $2,653 (-39.8%) | $222,326 | $338,248 | $560,574 (+4.2%) |
2023 | $4,410 (0%) | $162,469 | $375,662 | $538,131 (+28.2%) |
2022 | $4,410 (+0.1%) | $153,919 | $265,811 | $419,730 (+22%) |
2021 | $4,405 | $153,919 | $190,083 | $344,002 |
Tax data provied by Attom
Monthly Payments Calculator
Estimated Monthly Cost
$4,710
30 year fixed·6.9% interest rate
- Principal & Interest
- $4,189
- Property Taxes
- $221
- Home Insurance
- $300
- HOA Fees
- $0
*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.