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$529,900

5407 Kara Ln, Parker, TX, 75002

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,160 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$245.32 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Dryer, Electric Cooktop, Electric Oven, Microwave, Double Oven, Refrigerator, Vented Exhaust Fan, Washer
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting, Storage

About this property

RARE OPPORTUNITY IN PARKER! ONE ACRE • ONE STORY • PLANO ISD • UNDER $530,000! Finding a well-maintained one-story home on a fully fenced 1-acre lot in Parker at this price is almost unheard of! Offering the perfect blend of peaceful country living & everyday convenience, this exceptional property is located in highly sought-after Plano ISD, right on the edge of Allen & Plano, giving you quick access to premier shopping, dining, entertainment & major highways while still enjoying the space & privacy you've been dreaming of. This spacious 2,160-square-foot home features 3 bedrooms, 2 bathrooms & a versatile, converted garage that can serve as a second living area, game room, media room, home office, workout space, or hobby room. An attached carport provides covered parking while maintaining the flexibility of this bonus living space. The heart of the home offers a functional kitchen complete with double built-in ovens, an electric cooktop, a newer dishwasher, and TWO pantries, making meal preparation and storage a breeze. The inviting family room features wood flooring, a wood-burning fireplace & plenty of space to relax after a long day. The remodeled primary suite is a true retreat, featuring separate vanities, a large walk-in shower & two walk-in closets. Step outside & enjoy your own private backyard oasis where there's room to garden, play, entertain, or simply relax under the Texas sky. The gas fire pit on the back deck remains with the home, the beautiful shade trees create the perfect gathering spot for cool evenings with family & friends. You'll appreciate the pride of ownership throughout with numerous updates already completed: NEW Class 4 ROOF, Gutters & leaf guards, Foundation repairs complete, Radiant barrier attic, newer energy-efficient windows & electrical panel. Don't miss your chance to own this incredible Parker property before it's gone! More professional photos coming soon! Schedule your showing before everyone else discovers this hidden gem!

Investor Tools

Property Icon
$467,262
Estimated Property Value
$124,000Estimated Mortgage Balance
$358,000Estimated Equity
73% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,179 /month
Positive
Cash Flow Estimate:
$1,060 /month

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Vonda Bailey

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$763/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Parker

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