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

5216 Palomar Ln 
Dallas, TX 75229

$8,995,000

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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.
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Bedrooms
6
Baths
8
House Size
9,446 sqft
Year Built
2023
Lot Size
1.13 ac
School District
Dallas ISD

Location

Market Insights

In the last 30 days, homes for sale in 75229, Dallas, TX were on the market for a median of 49 days and 12.5% of homes sold above list price.

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Interior Information

appliances
Refrigerator
Built-in Refrigerator
Dishwasher
Disposal
Gas Cooktop
Ice Maker
Tankless Water Heater
Other
Wine Cooler
cooling
Central Air
features
Chandelier
Dry Bar
Eat-in Kitchen
Elevator
Kitchen Island
Open Floorplan
Pantry
Vaulted Ceiling(s)
Walk-in Closet(s)
Wet Bar
Smart Home
In-law Floorplan
fireplace
Bedroom
Dining Room
Gas
Living Room
flooring
Hardwood
Marble
Other
Wood
heating
Central

Exterior Information

features
Rain Gutters
Lighting
Private Yard
fence
Wood
pool
In Ground
roof
Slate

Property Information

architectural style
Contemporary/modern
Other
construction
Stucco
Other
foundation
Pillar/post/pier
Slab
lot
Interior Lot
parking
Circular Driveway
Driveway
Electric Vehicle Charging Station(s)
Garage
Garage Door Opener
Garage Faces Side
Inside Entrance
Kitchen Level
Lighted
On Site
Oversized
Private
Side By Side
Attached
security features
Carbon Monoxide Detector(s)
Fire Sprinkler System
sewer
Public Sewer
subdivision name
Lobello Estates
water source
Public
  • Listed By Elizabeth Wisdom
  • (214) 244-0181
  • Allie Beth Allman & Assoc.
  • (214) 521-7355
  • alliebeth@alliebeth.com
  • MLS 21057153

Tax History

Date

Property Tax

Land

Additions

Tax Assessment

2024$134,407 (+16.4%)$2,599,000$4,391,530$6,990,530 (+39%)
2023$115,431 (+120%)$2,429,500$2,600,660$5,030,160 (+140.6%)
2022$52,480 (+83.7%)$2,090,500$0$2,090,500 (+37%)
2021$28,564$1,525,500$0$1,525,500

Tax data provied by Attom


Monthly Payments Calculator

Estimated Monthly Cost

$58,893

30 year fixed·6.9% interest rate
Principal & Interest
$47,393
Property Taxes
$11,201
Home Insurance
$300
HOA Fees
$0
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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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