See Home Value
$4,685,000
● House - Off Market

5315 Palomar Lane

Dallas, TX 75229
bedrooms
5 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
5,346 Ft²
$23,545
Est. Monthly

About This Property

Discover a rare gem in the prestigious Lobello Estates-this exquisite one-story residence is nestled on a sprawling 1.10-acre lot, offering a serene, park-like setting. Its unique design and coveted location make it a standout choice for those seeking tranquility and sophistication in a prime neighborhood.

Step into a realm of opulence with five expansive bedrooms, each designed to be a private haven of comfort. The culinary artistry of the chef's kitchen is unmatched, adorned with premium appliances and an expansive island that transforms every meal preparation into a refined experience of creativity and style.

The grandeur continues in the formal dining room, the perfect backdrop for lavish dinner parties and intimate gatherings. A gorgeous fireplace serves as a centerpiece in the stunning great room with a wall of windows radiating natural light, grand space and sliding doors that open to the fabulous grounds bringing the outside in! The main floor primary suite presents a luxurious retreat, with a sitting area with views of the pool and pergola, an ensuite bathroom that rivals a private spa, featuring separate sides with a shared shower, and a tub for unwinding in sheer relaxation. Walk-in closets offer an abundance of storage, ensuring a seamless blend of organization and elegance.

Outside, indulge in your personal resort-like oasis, complete with a sparkling pool and spa and pickleball court, serving as the ultimate setting for relaxation and rejuvenation. The private yard, meticulously landscaped, provides a serene escape, with a beautiful pergola to relax and enjoy the view. This magnificent property offers unparalleled outdoor leisure and entertainment opportunities.

Experience the pinnacle of luxurious living at 5315 Palomar Ln, where privacy, elegance, and a life of ease converge. Schedule your private tour today, and step into an extraordinary world of refined living that awaits your discovery.
Unit Size
5,346 Ft²
Days on Market
-
Land Size
1.10 acres
Price per sqft
$897
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1970

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Last updated: 2 years ago (NTREIS #21029034)

Price History

Date / Event Date Event Price
Oct 30, 2025 Sold
Sold
Sep 22, 2025 In contract -
In contract
Aug 12, 2025 Listed by Compass RE Texas, LLC. $4,795,000
Listed by Compass RE Texas, LLC.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 504
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 47,916
  • Total Building Area: 5,785
  • Building Area: 5,281
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 5,281
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LOBELLO ESTS
  • Land Acres: 0000001100
  • Standard Land Use Code: 1001
  • County Land Use Code: A11
  • State Land Use Code: A11
  • Legal Description 1: LOBELLO ESTS BLK C/5518 LT 16 VOL95251/6017 DD122795 CO-DALLAS 5518 00C 01600 1005518 00C

Neighborhood

  • School District Name: Dallas Independent School District
  • School Tax School District: DALLAS ISD
  • Census Tract: 007605

Zoning

  • Zoning: Z292

Geography

  • Assessors Map Reference: 000004158730000
  • Account Number: 000004158730000
  • Subdivision Tract Number: 5
  • Parcel: 00-00041-587-300-0000
  • Block: C/551
  • Lot: 16
  • Municipality: DALLAS
  • Latitude: 32.89
  • Longitude: -96.8162

    Address

  • Full Address: 5315 Palomar Ln
  • Address - House Number: 5315
  • Address - Street Name: Palomar
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Dallas
  • Carrier Code: C054
  • 4-Digit Zip Code: 6411
  • Zip Code: 75229

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,012,587
  • Tax Rate Code Area: DS

    Appraisal Valuation

  • Standard Deviation: 0.2241
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 69
  • Final Value: 2,662,317
  • High Value: 3,259,153
  • Low Value: 2,065,482

    Market Valuation

  • Market Total Value: $2,920,000
  • Market Land Value: $2,365,000
  • Market Improvement Value: $555,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,920,000
  • Assessed Land Value: $2,365,000
  • Assessed Improvements Value: $555,000

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 06, 1997
  • Current Sale Recording Date: Jun 11, 1997
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Dec 29, 1995
  • Previous Sale Contract Date: Dec 27, 1995
  • Previous Sale Amount: $518,800
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About North Central Dallas


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 6621 Del Norte Lane, Dallas, TX, 75225

$10,500 /mo

  • 4 Beds
  • 4 Baths
  • 3,859 ft²
6621 Del Norte Lane, Dallas, TX, 75225 Listing by Jared English


Frequently Asked Questions

When was property at 5315 Palomar Lane built and last sold?
The property at 5315 Palomar Lane was built in 1970 and last sold on Jun 6, 1997 for $0.
How much is this home worth?
The estimated value of the home located at 5315 Palomar Lane is $4,842,950.
What are some comparable homes to 5315 Palomar Lane?
There are currently no comparable homes to 5315 Palomar Lane.