5531 Walnut Hill Lane Dallas, TX 75229
- Dallas County
- Dallas TX
- 75229
- Local Area: Crespi Estates
Property Overview
Within the gates of Crespi Estates, this exceptional estate was completed in 2025-designed by SHM Architects, interiors by Brant McFarlain, landscape design by Lance Dickinson & built by Crescent Estate Custom Homes. Situated on nearly 2 private acres, property offers privacy, security & resort-style living. Privately gated entrance creates impressive drive-up appeal with views of lake & water feature. Spanning 11,997 sq ft, home feat 5 ensuite bedrms, 7.2 baths, designed for both grand entertaining & comfortable daily living. Distinguished finishes includ limestone & hardwood flooring, exotic marbles, Waterworks fixtures & designer lighting throughout. Floor-to-ceiling windows flood interiors w natural light & frame views of grounds. Vaulted great rm w oversized FP opens seamlessly to multiple outdoor living areas. Sophisticated lounge w wet bar connects to climate-controlled rm, while formal dining rm is complemented by butler’s pantry. Chef’s kitchen is equipped w Sub-Zero refrigeration, dual Bosch dishwashers, Wolf 60” gas range w infrared griddle, Scotsman ice machine, & adjacent catering kitchen w Miele coffee system & addtl full-size appliances. Keeping rm w FP, private study, mudrm & utility rm complete main level. Primary suite offers serene pool views, morning bar, marble-clad spa bath w freestanding tub & Arabescato Fantastico marble shower, & dual custom walk-in closets. Upstairs 4 ensuite bedrms, a media rm, game rm w wet bar & addtl utility space. Detached guest casita provides added privacy. Resort-style grounds includ covered loggia w FP, infinity-edge pool & spa, putting green, pickleball court, expansive lawn, fire pit & large motor court. Combination of pier-&-beam & slab foundation, stucco & stone exterior, slate & metal roof, 5 Carrier HVAC systems, 3 Navien tankless water heaters & integrated Crestron & Lutron systems, this gated estate represents luxury living in one of Dallas’ most exclusive communities. *Seller financing options available*
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Property highlights
Year Built 2025
School District Dallas Isd
HOA $12,500 SemiAnnually
Pool Pool + Spa
Parking 4-car garage, 4 covered
Gated Gated estate
Architecture Contemporary Modern, Detached
Acreage Estate 1.94 acres
Fireplace 3 Fireplaces
Full Property Details
Property Details
Quick Details
- Price $14,997,000
- Status Active
- Bedrooms 5
- Bathrooms 9
- Square Feet 11,997 Sq Ft
- Lot Size 1.94 acres
- Lot Size Sq Ft 84,289
- Year Built 2025
- Price / Sq Ft $1250 / Sq Ft
- MLS # 21177331
Overview
- Property Type Residential
- Property Subtype Single Family Residence
- Property Condition NewConstruction
- County Dallas
- Subdivision Crespi Estates
- Days on Market 231
Home Details
- Architectural Style Contemporary Modern, Detached
- Stories 2
- Levels Two
- Full Baths 7
- Half Baths 2
- Construction Stucco
- Foundation Pillar Post Pier
- Roof Metal, Slate
- Flooring Hardwood, Marble, Stone, Tile
- Heating Central, Natural Gas
- Cooling Central Air, Electric
- Property Attached No
Kitchen & Interior
- Appliances Some Gas Appliances, Built In Gas Range, Built In Coffee Maker, Built In Refrigerator, Double Oven, Dishwasher, Disposal, Gas Range, Ice Maker, Microwave, Plumbed For Gas, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Wine Cooler
- Interior Features Wet Bar, Built In Features, Chandelier, Dry Bar, Decorative Designer Lighting Fixtures, Double Vanity, Eat In Kitchen, High Speed Internet, In Law Floorplan, Kitchen Island, Multiple Staircases, Open Floorplan, Pantry, Paneling Wainscoting, Smart Home, Cable Tv, Vaulted Ceilings, Natural Woodwork, Walk In Closets, Wired For Sound
- Laundry Features Washer Hookup, Electric Dryer Hookup, Laundry In Utility Room
- Fireplaces 3
- Fireplace Features Den, Gas, Great Room, Outside
- Security Features Prewired, Security System, Carbon Monoxide Detectors, Fire Sprinkler System, Security Gate, Gated Community, Smoke Detectors
Lot & Exterior
- Lot Features Acreage, Back Yard, Lawn, Landscaped, Many Trees, Sprinkler System
- Exterior Features Balcony, Barbecue, Courtyard, Gas Grill, Lighting, Outdoor Grill, Outdoor Kitchen, Private Entrance, Private Yard, Rain Gutters, Sport Court, Uncovered Courtyard, Fire Pit
- Patio & Porch Features Balcony, Covered
- Fencing Stone, Wrought Iron
- Pool Yes
- Pool Features Heated, In Ground, Outdoor Pool, Pool, Private, Pool Spa Combo, Water Feature
- Waterfront Features Lake Front
- View Features Water
Parking
- Parking Additional Parking, Circular Driveway, Covered, Door Single, Driveway, Epoxy Flooring, Electric Gate, Garage, Garage Door Opener, Oversized, Private, Garage Faces Rear, Storage
- Garage Spaces 4
- Covered Parking 4
- Attached Garage Yes
Taxes & HOA
- HOA Fee $12,500 SemiAnnually
- HOA Includes Association Management
- Community Features Fenced Yard, Lake, Gated, Putting Green
- Parcel Number 005516000001E0000
- Legal Description CRESPI ESTATES BLK 5516 LT 1E ACS 1.935
- Tax Block 5516
- Tax Lot 1E
Utilities
- Utilities Sewer Available, Water Available, Cable Available
- Water Public
- Sewer Public Sewer
- Other Equipment Home Theater
Schools
- School District Dallas ISD
- Elementary Pershing — Dallas ISD
- Middle Benjamin Franklin — Dallas ISD
- High Hillcrest — Dallas ISD
Listing Information
- Listing Agent Amy Detwiler
- Brokerage Compass RE Texas, LLC.
- MLS Board NTREIS
- List Date 03/09/2026
- Source Updated 10/26/2026
- Last Updated 10/26/2026
- Virtual Tour View Virtual Tour (PropertyPanorama)
Property Tax & CAD Valuation for 5531 Walnut Hill Lane
Dallas Central Appraisal District records for 5531 Walnut Hill Lane, Dallas, TX 75229 show a CAD market value of $9,628,680 and a net appraised value of $9,628,680. CAD values are used for property-tax purposes and may differ from the property's current list price or eventual sale price.
TAX INFO FOR NORMAL PEOPLE
A plain-English look at Dallas Central Appraisal District property-tax and appraisal records for 5531 Walnut Hill Lane, Dallas, TX 75229, including CAD market value, appraised value, exemptions, taxing entities, improvement records, and value history.
View Official Dallas Central Appraisal District Property Record
1. CAD Big Picture: Land + Improvements = Market Value
This shows what the CAD market value is made of. Appraisal districts usually separate value between the land and the improvements. Improvements may include the home, garages, shops, patios, pools, decks, storage, and other structures.
Land Value $3,628,130 + Improvement Value $6,000,550 = CAD Market Value $9,628,680
2. Improvement Details: Size, Type & Assessed Value
This is a breakdown of the improvements CAD has listed for the property and the square footage or area connected to those records. CAD improvement records may include the main living area, garages, shops, decks, patios, pools, storage, or other site improvements when available.
MAIN DWELLING
Value: $6,000,550 Total Area: 11577 Sqft Living Area: 11577 Sqft
| Additional Feature / Structure | Type / Details | Area / Quantity |
|---|---|---|
| ATTACHED GARAGE | — | 1,260 Sqft |
| DETACHED QUARTERS | — | 608 Sqft |
| OUTDOOR LIVING AREA | — | 392 Sqft |
| POOL | — | 1 pool |
3. Current Tax Exemptions & Statutory Limitations
Property tax bills reflect two distinct types of CAD adjustments: local taxing jurisdiction exemptions (which reduce taxable value below appraised value) and statutory appraisal limitations (which limit the annual growth of appraised value itself). Each taxing entity establishes its own exemption amounts and tax rates.
No standard exemptions or CAD reductions were detected in the current record.
Each taxing jurisdiction may apply its own exemptions, limitations, and taxable-value adjustments. The figures shown reflect the current CAD record. Specific exemption details are displayed when available from the source. A buyer’s exemptions and future tax obligations may differ.
4. Value After CAD Reductions
This is where CAD reductions, exemptions, limitations, or special-use valuation may affect the value used for tax calculations.
CAD Market Value $9,628,680 − All Current CAD Reductions $0 = Current Taxed Starting Point $9,628,680
This reflects the CAD net appraised value after current CAD reductions. Individual taxing units may use different taxable values when exemptions apply.
5. Who Taxes It?
These are the local entities included in the current CAD/tax estimate. A property tax bill can include a city, county, school district, municipal utility district, public improvement district, or other special district. Each entity may use its own taxable value, rate, and exemption treatment.
| Entity | Taxable Value | Rate (per $100) | Est. Tax (No Ex.) | Savings | Est. Tax (Current) |
|---|---|---|---|---|---|
|
City
DALLAS |
$9,628,680 | — | — | — | — |
|
School District
DALLAS ISD |
$9,628,680 | — | — | — | — |
|
County
DALLAS COUNTY |
$9,628,680 | — | — | — | — |
|
College
DALLAS COLLEGE |
$9,628,680 | — | — | — | — |
|
Hospital District
PARKLAND HOSPITAL |
$9,628,680 | — | — | — | — |
Each taxing jurisdiction may apply its own exemptions, limitations, and taxable-value adjustments. The figures shown reflect the current CAD record. Specific exemption details are displayed when available from the source. A buyer's exemptions and future tax obligations may differ.
6. Estimated Tax Bottom Line
Tax estimates are currently unavailable or not certified as a single unified scalar for this record. Tax rates and taxable values vary by taxing jurisdiction.
7. CAD Values Over Time
YOY Change reflects the change in CAD Market Value from the prior appraisal year. Taxed / Appraised reflects the CAD net appraised value after CAD reductions, or the certified capped appraisal value where jurisdictions differ. Individual taxing units may use different taxable values when exemptions apply.
| Year | Land | Impr. | Market | Taxed / Appraised | YOY Change |
|---|---|---|---|---|---|
| 2020 | $2,249,440 | — | $2,249,440 | — | — |
| 2021 | $2,249,440 | — | $2,249,440 | — | — |
| 2022 | $2,757,380 | — | $2,757,380 | — | +$507,940 / +22.58% |
| 2023 | $3,120,190 | $2,134,930 | $5,255,120 | — | +$2,497,740 / +90.58% |
| 2024 | $3,120,190 | $2,688,900 | $5,809,090 | — | +$553,970 / +10.54% |
| 2025 | $3,628,130 | $6,000,550 | $9,628,680 | — | +$3,819,590 / +65.75% |
8. List Price vs CAD Value
The current list price and the county’s CAD market value are not the same thing. CAD market value is used for property-tax context and may lag the open market, reflect prior protests, exemptions, caps, agricultural or special-use treatment, or other appraisal district methods.
How does the list price compare with the CAD value?
CAD values are appraisal-district values used for property-tax purposes and can differ from current asking prices and eventual sale prices.
Current List Price $14,997,000 − Current CAD Market Value $9,628,680 = Over CAD Value +$5,368,320 (+55.8%)
A sale price can become part of the appraisal district’s future evidence. A buyer’s future taxable value and tax bill may change after purchase, especially if exemptions, caps, or special-use valuation change.
For tax planning, buyers should confirm future taxable value, exemptions, and special-use treatment with the appraisal district, tax office, lender, CPA, or other qualified advisor.
LIFE AROUND CRESPI ESTATES
A curated look at local favorites, everyday stops, and lifestyle context near this property.