- Dallas County
- Dallas TX
- 75229
- Local Area: Lobello Estates
Property Overview
Regal custom estate situated on over 1.13 acres in prestigious Lobello Estates of Preston Hollow. This exceptional six-bedroom residence showcases stunning architecture, a dramatic two-story glass foyer, library, formal living, and a luxurious first-floor primary suite with spa-inspired bath, dual custom closets, private gym, laundry, and coffee bar. The chef's kitchen features custom European cabinetry, Miele appliances, dual dishwashers, and a built-in coffee system. Upstairs offers five ensuite bedrooms, including a junior primary suite, media room, and additional laundry. A commercial-grade elevator, multiple staircases, smart-home features, Caesarstone countertops, wine room, and butler's pantry elevate the home's thoughtful design. The epoxy-finished four-car garage with hydraulic glass doors doubles as an incredible flex space overlooking the expansive backyard with pool, turf, mature trees, and room for a future sport court or pool house. Experience exceptional luxury in one of Dallas' most coveted neighborhoods.
Featured spaces
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Property highlights
Year Built 2022
School District Dallas Isd
HOA No HOA
Pool Pool
Parking 4-car garage, 4 covered
Architecture ContemporaryModern,Other,Detached
Acreage Estate 1.13 acres
Fireplace 2 Fireplaces
Neighborhood Lobello Estates
Full Property Details
Property Details
Quick Details
- Price $9,250,000
- Status Active
- Bedrooms 6
- Bathrooms 9
- Square Feet 9,446 Sq Ft
- Lot Size 1.13 acres
- Lot Size Sq Ft 49,223
- Year Built 2022
- Price / Sq Ft $979 / Sq Ft
- MLS # 21329572
Overview
- Property Type Residential
- Property Subtype Single Family Residence
- County Dallas
- Subdivision Lobello Estates
- Days on Market 48
Home Details
- Full Baths 7
- Half Baths 2
- Foundation Pillar Post Pier, Slab
- Roof Slate
- Flooring Engineered Hardwood, Hardwood, Marble, Other
- Heating Central
- Cooling Central Air, Ceiling Fans
Kitchen & Interior
- Appliances Built In Coffee Maker, Built In Refrigerator, Dishwasher, Gas Cooktop, Disposal, Ice Maker, Refrigerator, Tankless Water Heater, Wine Cooler
- Interior Features Wet Bar, Chandelier, Dry Bar, Decorative Designer Lighting Fixtures, Eat In Kitchen, Elevator, In Law Floorplan, Kitchen Island, Loft, Multiple Master Suites, Multiple Staircases, Open Floorplan, Pantry, Smart Home, Vaulted Ceilings, Walk In Closets, Wired For Sound
- Fireplaces 2
- Fireplace Features Bedroom, Dining Room, Gas, Living Room
Lot & Exterior
- Lot Features Back Yard, Interior Lot, Lawn, Landscaped, Many Trees, Sprinkler System, Few Trees
- Exterior Features Lighting, Private Yard, Rain Gutters
- Pool Features Pool
Parking
- Parking Circular Driveway, Garage, Garage Door Opener, Kitchen Level, Garage Faces Side
- Garage Spaces 4
- Covered Parking 4
- Attached Garage Yes
Taxes & HOA
- Annual Taxes $138,457
Utilities
- Utilities Natural Gas Available, Sewer Available, Separate Meters, Water Available
- Water Public
- Sewer Public Sewer
Schools
- Elementary Pershing — Dallas ISD
- Middle Benjamin Franklin — Dallas ISD
- High Hillcrest — Dallas ISD
Listing Information
- MLS Board NTREIS
- List Date 07/14/2026
- Source Updated 08/30/2026
- Last Updated 08/30/2026
- Virtual Tour Available
Property Tax & CAD Valuation for 5216 Palomar Lane
Dallas Central Appraisal District records for 5216 Palomar Lane, Dallas, TX 75229 show a CAD market value of $6,218,000 and a net appraised value of $6,218,000. 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 5216 Palomar 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 $2,599,000 + Improvement Value $3,619,000 = CAD Market Value $6,218,000
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: $3,619,000 Total Area: 8523 Sqft Living Area: 8523 Sqft
| Additional Feature / Structure | Type / Details | Area / Quantity |
|---|---|---|
| ATTACHED GARAGE | — | 1,193 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 $6,218,000 − All Current CAD Reductions $0 = Current Taxed Starting Point $6,218,000
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 |
$6,218,000 | — | — | — | — |
|
School District
DALLAS ISD |
$6,218,000 | — | — | — | — |
|
County
DALLAS COUNTY |
$6,218,000 | — | — | — | — |
|
College
DALLAS COLLEGE |
$6,218,000 | — | — | — | — |
|
Hospital District
PARKLAND HOSPITAL |
$6,218,000 | — | — | — | — |
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 | $1,525,500 | $66,750 | $1,592,250 | — | -$17,800 / -1.11% |
| 2021 | $1,525,500 | — | $1,525,500 | — | -$66,750 / -4.19% |
| 2022 | $2,090,500 | — | $2,090,500 | — | +$565,000 / +37.04% |
| 2023 | $2,429,500 | $2,600,660 | $5,030,160 | — | +$2,939,660 / +140.62% |
| 2024 | $2,599,000 | $4,184,920 | $6,783,920 | — | +$1,753,760 / +34.86% |
| 2025 | $2,599,000 | $3,619,000 | $6,218,000 | — | -$565,920 / -8.34% |
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 $9,250,000 − Current CAD Market Value $6,218,000 = Over CAD Value +$3,032,000 (+48.8%)
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 LOBELLO ESTATES
A curated look at local favorites, everyday stops, and lifestyle context near this property.