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

5306 Ravensthorpe Dr 
Allen, TX 75002

4% Drop

$1,300,000

$1,250,000

------/mo*
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OPEN HOUSE SUNDAY SEPT.7th 1pm-3pm!! Pristine custom home in Parker Lake Estates offers space, flexibility, and luxury living inside and out. The thoughtful layout features the primary suite plus a second bedroom downstairs, along with TWO private offices (or optional 3rd bedroom down)—perfect for today’s work-from-home lifestyle. Huge guest quarters feature patio area overlooking pool, full bath and is the perfect spot for out-of town guests, multi-generational living, nanny quarters or home business! Recent updates include: new roof (August 2025), fresh interior paint downstairs, updated HVAC systems, modern light fixtures and ceiling fans, and stainless steel appliances—all adding style and confidence for years to come. Enjoy elegant formals, a breakfast area, and a true chef’s kitchen complete with gas cooktop, double ovens, oversized island, butler’s pantry, and walk-in pantry. Hand-scraped hardwood floors, custom built-ins, and abundant storage highlight the quality craftsmanship throughout. Upstairs, find two bedrooms with Jack & Jill bath, walk-in closets, a large game room, and a dedicated media room (currently being used as an extra bedroom). The backyard is an entertainer’s dream with two covered patios, an outdoor kitchen, fireplace, pool with spa and slide, and lush landscaping with blooming trees. The east-facing yard ensures shade during summer evenings. An attached 3-car garage plus a GUEST house complete with full bath is perfect for out of town guests, nanny quarters or home business location! Additional features include: Spacious covered front porch with brick flooring Extra-wide driveway Outdoor gas fireplace Large utility room Meticulously maintained systems throughout This property truly has it all—luxury, functionality, and the perfect setting for entertaining or relaxing with family and friends. Don’t miss the chance to see this rare beauty in Parker Lake Estates!
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Bedrooms
5
Baths
4
House Size
4,878 sqft
Year Built
2003
Lot Size
0.93 ac
School District
Allen ISD

Location

Market Insights

In the last 30 days, homes for sale in 75002, Allen, TX were on the market for a median of 29 days and 10.42% of homes sold above list price.

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Interior Information

appliances
Dishwasher
Disposal
Gas Cooktop
Double Oven
cooling
Ceiling Fan(s)
Central Air
features
Built-in Features
Chandelier
Double Vanity
Granite Counters
Kitchen Island
Natural Woodwork
Open Floorplan
Pantry
Walk-in Closet(s)
High Speed Internet
Wired For Sound
In-law Floorplan
fireplace
Gas Starter
Gas Log
flooring
Carpet
Ceramic Tile
Wood
heating
Central
Fireplace(s)
Natural Gas
window features
Window Coverings

Exterior Information

features
Built-in Barbecue
Gas Grill
Rain Gutters
Lighting
Outdoor Kitchen
Garden
fence
Back Yard
Gate
Wrought Iron
pool
Fenced
Gunite
In Ground
roof
Composition

Property Information

architectural style
Traditional
construction
Brick
foundation
Slab
hoa fees
$900.00
Annually
lot
Cleared
Interior Lot
Landscaped
Level
Many Trees
other structures
Cabana
Guest House
Outdoor Kitchen
Pergola
parking
Additional Parking
Concrete
Driveway
Enclosed
Garage
Garage Door Opener
Garage Faces Side
Gated
Guest
Boat
Rv Access/parking
Attached
security features
Smoke Detector(s)
sewer
Public Sewer
subdivision name
Parker Lake Estates Ph 3-a
utilities
Cable Available
Electricity Connected
Underground Utilities
water source
Public
  • Listed By Kerri Rushing
  • (972) 731-6913
  • Grand Realty Services
  • (972) 731-6913
  • rushinghome@yahoo.com
  • MLS 21039559

Tax History

Date

Property Tax

Land

Additions

Tax Assessment

2024$16,218 (+25.9%)$260,000$741,681$1,001,681 (+4.7%)
2023$12,882 (0%)$260,000$697,123$957,123 (+4.6%)
2022$12,882 (+1.5%)$210,000$705,226$915,226 (+41.3%)
2021$12,688$150,000$497,804$647,804

Tax data provied by Attom


Monthly Payments Calculator

Estimated Monthly Cost

$8,313

30 year fixed·6.9% interest rate
Principal & Interest
$6,586
Property Taxes
$1,352
Home Insurance
$300
HOA Fees
$75
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