See Home Value
$1,150,000
● House - Off Market

5401 Grasmere Drive

Plano, TX 75093
bedrooms
4 Beds
bathrooms
3 Baths, 2 Half Baths
square feet
4,299 Ft²
$6,287
Est. Monthly
$154
HOA / Fees

About This Property

Located in the coveted Kingsborough addition within the Old Shepard portion of Willow Bend, 5401 Grasmere is a rare offering in Plano's luxury market. Positioned on a .310-acre lot, the home enjoys an enviable setting just steps from the Gleneagles Country Club golf course, a location that delivers both prestige and lifestyle.

This residence offers 4 bedrooms and 6 bathrooms with multiple living and entertaining spaces designed to impress. Cathedral vaulted ceilings, wood flooring, dental moulding, and plantation shutters create a refined yet inviting atmosphere throughout. Two gas fireplaces anchor the main living areas, while the wet bar makes hosting effortless. The kitchen features a built-in refrigerator and flows naturally into the main living spaces, ideal for gatherings both large and small.

The expansive backyard provides a private outdoor retreat with a pool and spa combo, ideal for relaxing or hosting. Generously sized rooms and a functional layout offer comfort, space, and flexibility.

With its oversized lot, elegant design, and immediate proximity to Gleneagles, 5401 Grasmere is a standout in one of Plano's most sought-after luxury communities.
Unit Size
4,299 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$291
Property Type
House
Property Taxes
-
HOA Dues
$154
Year Built
1988

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Last updated: 3 months ago (NTREIS #21173440)

Price History

Date / Event Date Event Price
Apr 29, 2026 Sold
Sold
Apr 4, 2026 In contract -
In contract
Mar 14, 2026 Price Decreased $1,249,000
↓ $146K (10.5%)
Price Decreased
Feb 27, 2026 Price Decreased $1,395,000
↓ $105K (7%)
Price Decreased
Feb 7, 2026 Listed by The Selling Experts Inc $1,500,000
Listed by The Selling Experts Inc
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 18
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 616
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 139
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 13,589
  • Total Building Area: 4,639
  • Gross Building Area: 4,699
  • Building Area: 4,023
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 4,023
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KINGSBOROUGH IN OLD SHEPARD PLACE (CPL)
  • Land Acres: 0000000312
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: KINGSBOROUGH IN OLD SHEPARD PLACE (CPL), BLK C, LOT 9

Neighborhood

  • School District Name: Plano Independent School District
  • School Tax School District: PLANO ISD
  • Census Tract: 031649

Zoning

  • Zoning: SFR

Geography

  • Assessors Map Reference: 634-T
  • District: CPL
  • Parcel: R-2372-00C-0090-1
  • Block: C
  • Lot: 9
  • Municipality: PLANO CITY
  • Latitude: 33.0244
  • Longitude: -96.8068

    Address

  • Full Address: 5401 Grasmere Dr
  • Address - House Number: 5401
  • Address - Street Name: Grasmere
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Plano
  • Carrier Code: R004
  • 4-Digit Zip Code: 2835
  • Zip Code: 75093

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,558,191
  • Tax Rate Code Area: SPL

    Appraisal Valuation

  • Standard Deviation: 0.2187
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 978,933
  • High Value: 1,193,035
  • Low Value: 764,832

    Market Valuation

  • Market Total Value: $1,097,320
  • Market Land Value: $189,000
  • Market Improvement Value: $908,320

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $902,769
  • Assessed Land Value: $189,000
  • Assessed Improvements Value: $908,320

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 15, 2019
  • Current Sale Recording Date: Nov 20, 2019
  • Current Sale Price:
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 20191120001481990
  • Previous Sale Recording Date: Jul 10, 2003
  • Previous Sale Contract Date: Jul 03, 2003
  • Previous Sale Amount: $281,300
  • 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 Kingsborough In Osp


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Frequently Asked Questions

When was property at 5401 Grasmere Drive built and last sold?
The property at 5401 Grasmere Drive was built in 1988 and last sold on Nov 15, 2019 for $605,400.
How much is this home worth?
The estimated value of the home located at 5401 Grasmere Drive is $1,249,269.
What are some comparable homes to 5401 Grasmere Drive?
There are currently no comparable homes to 5401 Grasmere Drive.