




$1,349,900
5409 Cheyenne Dr, Parker, TX, 75002
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About this property
Welcome to this stunning brick and stone estate on 1.4 private acres in highly sought-after Parker Ranch Estates. Offering 5 bedrooms, 4.5 baths, and 4 spacious living areas, this exceptional home combines luxury, comfort, and functionality. Engineered hardwood floors and an elegant tray ceiling create a grand first impression. The inviting family room features a floor-to-ceiling stone fireplace with gas logs and opens to a chef's kitchen with gray quartz countertops, white shaker cabinetry, dual pantries, a 6-burner gas cooktop, dual Electrolux ovens, pull-out trash, and a dedicated coffee bar. The oversized utility room offers abundant storage, additional cabinetry, a mud bench, and space for a freezer. The private primary suite features a sitting area, plantation shutters, and a spa-like bath with dual vanities, garden tub, oversized shower with dual shower heads, and direct pool access. A private office and two secondary bedrooms with ensuite baths complete the first floor. Upstairs offers two additional bedrooms, a game room, and a media room with custom built-ins, wet bar, and mini refrigerator. The backyard is an entertainer's dream with a resort-style pool featuring a tanning ledge, swim-up bar, waterfall, 12-person spa, turf surround, firepit, pergola, and outdoor living area with built-in refrigerator and trash. Mature trees provide added privacy, while the oversized driveway and 3-car garage offer ample parking. Located in acclaimed Allen ISD, this home is minutes from The Village at Allen, Allen Premium Outlets, Watters Creek, and an abundance of shopping, dining, parks, and entertainment. With convenient access to US-75 and SH-121, you'll enjoy peaceful estate living with everyday conveniences just moments away. A rare opportunity to own one of Parker Ranch Estates' finest properties.
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Parker
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