- Dallas County
- Dallas TX
- 75220
- Local Area: Wenger-Snyder Amd
Property Overview
Set on 1.67 acres of rolling terrain in Preston Hollow, 5110 Park Lane stands as a rare achievement in residential architecture. The 14,921 square-foot estate, joined by a 2,378 square-foot attached natatorium, was conceived as a nautilus shell with wedge-shaped rooms that radiate outward from a dramatic central elevator. Michael Murphy’s masterpiece offers spectacular views from every room while simultaneously cultivating an intimate, tree house-like feeling of being suspended within the surrounding canopy of mature trees. With a meandering creek and lush foliage, the residence achieves complete integration with its natural surroundings. The extensive use of warm-toned Lueders limestone — quarried in Texas specifically for this project — creates seamless transitions between interior and exterior spaces. Individual copper sheets crown the structure, intended to age gracefully while adding rich patina over time. The upper level houses the primary living quarters, where buffed concrete floors, Venetian plaster walls, and limestone form a cohesive interplay of texture & tone. Three bedrooms anchor the main residence, complemented by two additional bedrooms within a separate guest apartment that ensures privacy while maintaining stylistic integrity. The lower level elevates two-story living into something extraordinary. Here you'll find sophisticated office spaces, media rooms, conference areas, and recreational amenities including a workout room and stunning lap pool with a fiber-optic waterfall feature. Preston Hollow's coveted location provides immediate access to Highland Park Village & Inwood Village, top private schools, and Love Field Airport, connecting residents to both neighborhood amenities and the broader metroplex.
Featured spaces
HAVE QUESTIONS ABOUT THIS HOME?
Text or email Steavy directly from this listing.
HAVE QUESTIONS ABOUT THIS HOME?
Text or email Steavy directly from this listing.
Property highlights
Year Built 2003
School District Dallas Isd
HOA No HOA
Pool Pool
Parking 5 covered spaces
Gated Gated estate
Architecture ContemporaryModern,Detached
Acreage Estate 1.67 acres
Fireplace 4 Fireplaces
Full Property Details
Property Details
Quick Details
- Price $8,875,000
- Status Active
- Bedrooms 5
- Bathrooms 9
- Square Feet 14,921 Sq Ft
- Lot Size 1.67 acres
- Lot Size Sq Ft 72,876
- Year Built 2003
- Price / Sq Ft $595 / Sq Ft
- MLS # 21401453
Overview
- Property Type Residential
- Property Subtype Single Family Residence
- County Dallas
- Subdivision Wenger-Snyder Amd
- Days on Market 15
Home Details
- Full Baths 5
- Half Baths 4
- Foundation Slab
- Roof Metal
- Flooring Concrete
- Heating Central, Geothermal, Zoned
- Cooling Central Air, Geothermal, Zoned
Kitchen & Interior
- Appliances Some Gas Appliances, Built In Refrigerator, Convection Oven, Double Oven, Dishwasher, Electric Oven, Gas Cooktop, Disposal, Gas Water Heater, Microwave, Plumbed For Gas, Refrigerator, Wine Cooler
- Interior Features Wet Bar, Built In Features, Decorative Designer Lighting Fixtures, Double Vanity, Eat In Kitchen, Elevator, Granite Counters, High Speed Internet, In Law Floorplan, Kitchen Island, Multiple Staircases, Open Floorplan, Cable Tv, Walk In Closets, Wired For Sound
- Fireplaces 4
- Fireplace Features Dining Room, Library, Living Room, Primary Bedroom
Lot & Exterior
- Lot Features Acreage, Irregular Lot, Landscaped, Many Trees, Sloped, Sprinkler System, Waterfront
- Exterior Features Built In Barbecue, Barbecue, Outdoor Grill, Private Yard
- Fencing Fenced, Gate, Security, Wrought Iron
- Pool Features Heated, Indoor, Lap, Pool
Parking
- Parking Attached Carport, Electric Gate, Gated, Kitchen Level
- Garage Spaces 0
- Covered Parking 5
- Attached Garage No
Utilities
- Utilities Sewer Available, Water Available, Cable 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 10/07/2026
- Source Updated 10/20/2026
- Last Updated 10/21/2026
- Virtual Tour Available
Property Tax & CAD Valuation for 5110 Park Lane
Dallas Central Appraisal District records for 5110 Park Lane, Dallas, TX 75220 show a CAD market value of $8,500,000 and a net appraised value of $8,208,035. 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 5110 Park Lane, Dallas, TX 75220, 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 $4,968,810 + Improvement Value $3,531,190 = CAD Market Value $8,500,000
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: $3,531,190 Total Area: 21308 Sqft Living Area: 21308 Sqft
| Additional Feature / Structure | Type / Details | Area / Quantity |
|---|---|---|
| ATTACHED CARPORT | — | 1,742 Sqft |
| STORAGE BUILDING | — | 380 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.
The current CAD record shows a homestead exemption. Specific deduction amounts vary by taxing jurisdiction.
The current CAD record shows a homestead exemption. Specific deduction amounts vary by taxing jurisdiction.
The current CAD record shows a homestead exemption. Specific deduction amounts vary by taxing jurisdiction.
The current CAD record shows a homestead exemption. Specific deduction amounts vary by taxing jurisdiction.
The current CAD record shows a homestead exemption. Specific deduction amounts vary by taxing jurisdiction.
Statutory 10% limitation on annual increase in appraised value for qualifying residence homestead (Texas Tax Code § 23.23). This is an appraisal-stage limitation, not a local taxing jurisdiction exemption.
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 $8,500,000 − All Current CAD Reductions -$291,965 = Current Taxed Starting Point $8,208,035
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 |
$6,391,428 | 0.6988 | $59,398 | -$14,735 | $44,663 |
|
School District
DALLAS ISD |
$7,152,232 (H) | 0.9938 | $84,476 | -$13,395 | $71,081 |
|
County
DALLAS COUNTY |
$6,466,428 | 0.2155 | $18,318 | -$4,382 | $13,935 |
|
College
DALLAS COLLEGE |
$6,466,428 | 0.1066 | $9,059 | -$2,167 | $6,892 |
|
Hospital District
PARKLAND HOSPITAL |
$6,466,428 | 0.2120 | $18,020 | -$4,311 | $13,709 |
(H) Taxable reduction reflected in school district taxable value.
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
Est. Taxes (No Exemptions) $189,270 − Est. Tax Reductions / Savings $38,990 = Est. Taxes (With Current Exemptions) $150,280
The current CAD tax estimate shows exemptions and adjustments reduce the estimated annual taxes by about $38,990. Estimated taxes without exemptions are calculated by applying each jurisdiction's tax rate to its pre-exemption taxable value. Exemption savings represent the difference between this unexempted estimate and the county's current tax estimate. Taxable values and tax rates vary by jurisdiction. Future taxes depend on buyer qualification and future adopted rates.
The current tax estimate reflects a homestead exemption on the property's present CAD record. That exemption does not automatically transfer to a new owner; a buyer must qualify for their own exemptions. For comparison, the current estimate is $150,280 with the exemptions shown today and $189,270 without exemptions. Actual future taxes will depend on buyer eligibility, future appraised values, and adopted tax rates.
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 |
|---|---|---|---|---|---|
| 2021 | $2,973,760 | $3,371,980 | $6,345,740 | — | +$545,740 / +9.41% |
| 2022 | $3,237,260 | $3,313,560 | $6,550,820 | — | +$205,080 / +3.23% |
| 2023 | $3,237,260 | $3,313,560 | $6,550,820 | — | — |
| 2024 | $3,463,110 | $4,058,760 | $7,521,870 | $7,205,902 | +$971,050 / +14.82% |
| 2025 | $3,463,110 | $3,998,740 | $7,461,850 | — | -$60,020 / -0.80% |
| 2026 | $4,968,810 | $3,531,190 | $8,500,000 | $8,208,035 | +$1,038,150 / +13.91% |
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 $8,875,000 − Current CAD Market Value $8,500,000 = Over CAD Value +$375,000 (+4.4%)
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 WENGER-SNYDER AMD
A curated look at local favorites, everyday stops, and lifestyle context near this property.