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$1,349,900

5409 Cheyenne Dr, Parker, TX, 75002

On MarketInfo
Beds5 Beds
Baths5 Bath
Baths4,310 Sq Ft
price_per_sqft$313.2 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4.5Bathrooms Full 4.5
AppliancesDishwasher, Disposal, Electric Oven, Gas Water Heater, Microwave, Double Oven, Tankless Water Heater, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting, Private Yard
Lot Size1.40 acres

Building Information

Year Built2018
Stories2
Garage Spaces3

Land Information

APNR-11499-00D-0220-1
Lot Number22
SubdivisionParker Ranch Estates Phase 3 (Cpk)
Land UseResidential
Legal DescriptionPARKER RANCH ESTATES PHASE 3 (CPK), BLK D, LOT 22
Census Tract031411
Assessed Land Value$385,000
Assessed Improvement Value$978,533
Assessment Year2025

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.

Investor Tools

$746,500Estimated Mortgage Balance
$619,845Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,181 /month
Positive
Cash Flow Estimate:
$2,727 /month

Interested in this property?

Janae Alvarez

Weichert, REALTORS - The Legacy Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,855/month
$1,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,443
$1,363,533
2025
$385,000
$978,533
$1,363,533
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,443
$1,363,533

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Titus38 Llc
Conventional
$628,527
No
First
Dec 9, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$746,500
$713,500
48%
55%
$4,889/mo

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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5409 Cheyenne Dr | Property Details | No Agent List