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$1,525,000

5501 Somerset Dr, Parker, TX, 75002

On MarketInfo
Just AddedInfo
Beds5 Beds
Baths4 Bath
Baths4,819 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$316.46 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4.5Bathrooms Full 4.5
AppliancesDishwasher, Disposal, Gas Range
FlooringCarpet, Ceramic Tile

Exterior

Lot Size1.11 acres

Building Information

Year Built2025
Stories1
Garage Spaces3

Land Information

APNR-13031-00I-0350-1
Lot Number35
SubdivisionWhitestone Estates
Land UseResidential Single Family
Legal DescriptionWHITESTONE ESTATES PHASE 5 (CPK), BLK I, LOT 35
Census Tract031411
Assessed Land Value$210,000
Assessment Year2025

About this property

Experience elevated single-story living on approximately 1.11 acres in Parker. This 4,819-square-foot estate offers room to relax, entertain, and enjoy life at your own pace. Host memorable movie nights in the dedicated theater, work comfortably from the private office, or transform the flexible bonus room into a guest space, game room, or personal retreat. The primary suite provides a spa-inspired escape with separate vanities and generous walk-in closets. Automatic patio screens create effortless indoor-outdoor living at the touch of a button, while a built-in central vacuum system adds everyday convenience. A three-car garage provides ample space for vehicles and storage. Expansive living areas, refined finishes, and a generous homesite come together to offer modern luxury and an exceptional lifestyle near Allen’s shopping, dining, and major roadways.

Investor Tools

$1,111,878Estimated Mortgage Balance
$113,122Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,150 /month
Positive
Cash Flow Estimate:
$3,050 /month

Interested in this property?

Deya Chamberlain

Bradford Elite Real Estate LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$787/month
$1,350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,319
$210,000
2025
$210,000
N/A
$210,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,319
$210,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pennymac Loan Services Llc
Unknown
$1,120,000
No
First
Mar 20, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,111,878
$113,122
9%
91%
$6,715/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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5501 Somerset Dr | Property Details | No Agent List