




$1,525,000
5501 Somerset Dr, Parker, TX, 75002
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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.
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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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