1. Overview
  2. Location
  3. Interior
  4. Exterior
  5. Property
  6. Schools
  7. Tax
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Status: Active

5109 Old Gate Ln 
Parker, TX 75002

$795,000

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Stunningly 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.
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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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Interior 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
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