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5515 Palomar Lane, Dallas, TX 75229

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For Sale

$9,850,000

5 beds • 5 baths • 3 half baths • 9,061 sqft

Estimated Payment

$ 50,483 /mo. †

6.63% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • $1,087.08
    Price per square foot

  • 1-5 Years Old
    Age

  • Fireplace
    Heating System

Explore this Property

Modern Cape Cod estate designed by Lloyd Lumpkins on 1.1 acres in the prestigious Lobello Estates area of Preston Hollow. Features include 5 en-suite bedrooms, 3-half bathrooms, 4 living areas & one dining area. The primary suite is a wonderful retreat with a wall of windows overlooking the backyard, fountain & large sculpture. Features also include a wet room with oversized shower & soaking tub & a private courtyard with outdoor shower. The well appointed chef s kitchen includes 3 islands, Miele double refrigerator & freezer, induction cooktop, Bertazzoni gas range, steam oven & a China gallery with coffee bar. The kitchen opens into the large family room with fireplace & screened-in-porch that feature views of the private backyard with sport or pickleball court, pool & spa & large grassy lawn. Indoors, entertain in style in a stunning parlor with wet bar & climate-controlled wine storage. Upstairs features a guest wing, living area and 2 sitting areas & 3 additional ensuite bedrooms.
MLS# 20747808

Courtesy Of Compass RE Texas, LCC, Listed By Gianna Cerullo

(214) 814-8100

Property Features

  • Age
    1-5 Years Old
  • Amenities
    Porch, Patio, Wet Bar
  • Appliances
    Cooktop, Cooktop - Electric, Dishwasher, Garbage Disposer, Oven - Convection, Range, Range - Gas, Refrigerator, Refrigerator - Built-in, Washer
  • Architecture Style
    Other
  • Cooling System
    Zoned A/C
  • Fireplace
    Fireplace
  • Floor Covering
    Hardwood, Marble
  • Heating System
    Central Furnace, Fireplace, Zoned
  • Lot Size
    1.1 Acres
  • Roof Type
    Metal

Map and Directions

Directions to 5515 Palomar Lane, Dallas, TX 75229

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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $50,483
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $50,483

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

John J. Pershing Elementary School

Grades PK-5 Public School

Dallas, TX 75229 0.3 miles
5715 meaders ln

405 total students
14:1 Student teacher ratio

School Rating: A-

School Details

Benjamin Franklin International Exploratory Academy

Grades 6-8 Public School

Dallas, TX 75230 1.7 miles
6920 meadow rd

1073 total students
15:1 Student teacher ratio

School Rating: B

School Details

Hillcrest High School

Grades 9-12 Public School

Dallas, TX 75230 1.7 miles
9924 hillcrest rd

1488 total students
15:1 Student teacher ratio

School Rating: C

School Details
Other Nearby Schools Distance Type Grades School Rating
The Winston School 0.4 miles Private KG-12
Preston Hollow Presbyterian School 0.9 miles Private PK-6
Grace Academy Of Dallas 0.9 miles Private PK-6
Ursuline Academy Of Dallas 1 miles Private 9-12
The Lamplighter School 1.2 miles Private PK-4
Preston Hollow Elementary School 1.2 miles Public EE-5 B-
George B Dealey Montessori Academy 1.3 miles Public PK-8 A+
The Hockaday School 1.4 miles Private PK-12
Good Shepherd Episcopal School 1.5 miles Private PK-8
Walnut Hill International Leadership Academy 1.6 miles Public EE-8 C-
Wesley Preparatory 1.6 miles Private PK-6
Wesley Preparatory 1.6 miles Private PK-6
Episcopal School Of Dallas Pk-12 1.7 miles Private PK-12
St Monica Catholic School 1.7 miles Private PK-8
Meadowbrook School 1.8 miles Private KG
Jesuit College Preparatory School 1.9 miles Private 9-12
Thomas Jefferson High School 1.9 miles Public 9-12 C-

The Winston School

Distance: 0.4 miles

Type Private

Grades: KG-12

Preston Hollow Presbyterian School

Distance: 0.9 miles

Type Private

Grades: PK-6

Grace Academy Of Dallas

Distance: 0.9 miles

Type Private

Grades: PK-6

Ursuline Academy Of Dallas

Distance: 1 miles

Type Private

Grades: 9-12

The Lamplighter School

Distance: 1.2 miles

Type Private

Grades: PK-4

Preston Hollow Elementary School

Distance: 1.2 miles

Type Public

Grades: EE-5

B-

George B Dealey Montessori Academy

Distance: 1.3 miles

Type Public

Grades: PK-8

A+

The Hockaday School

Distance: 1.4 miles

Type Private

Grades: PK-12

Good Shepherd Episcopal School

Distance: 1.5 miles

Type Private

Grades: PK-8

Walnut Hill International Leadership Academy

Distance: 1.6 miles

Type Public

Grades: EE-8

C-

Wesley Preparatory

Distance: 1.6 miles

Type Private

Grades: PK-6

Wesley Preparatory

Distance: 1.6 miles

Type Private

Grades: PK-6

Episcopal School Of Dallas Pk-12

Distance: 1.7 miles

Type Private

Grades: PK-12

St Monica Catholic School

Distance: 1.7 miles

Type Private

Grades: PK-8

Meadowbrook School

Distance: 1.8 miles

Type Private

Grades: KG

Jesuit College Preparatory School

Distance: 1.9 miles

Type Private

Grades: 9-12

Thomas Jefferson High School

Distance: 1.9 miles

Type Public

Grades: 9-12

C-

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Dallas, TX 75229

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Dallas, TX 75229

This community’s employment is highest in the building maintenance and education industries. The area’s overall household expenses are above the national average.

96° August
Hottest Average Month
34° January
Coldest Average Month
11,937 Total Households in Area
-0.8% Increase in population since the year 2010
36%
of households
have children
22 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Dallas, TX 75229

Dallas, TX 75229 has a population of 33,392 people in 11,937 households with a median age of 38.2 years old.

-0.8%
Decrease in population
since the year 2010
Population is Trending down
12,128
Total households as of 2010
3.5%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 38.2 years old. The smallest percentage group is 35-44 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 54%
Hispanic 40%
Other 16%
Asian 5%
Black 4%
Native American 1%
The most prevalent ethnicity is White at 54%, followed by Hispanic at 40%, Other at 16%, and Asian at 5%.

Economics
for Dallas, TX 75229

2,657 /sq mi
Population Density
$131,416 /yr
Median Household Income
$810,000
Median Sales Price
22 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is Over $200k representing 24.1% of the households.

Transportation to Work

  • Drive 83%
  • Work from Home 15%
  • Walk or Bike 1%
  • Public Transit 1%

Occupancy by Type

Owned 7,995 62%
Rented 3,942 31%
Vacant 927 7%

White vs Blue Collar Jobs







White Collar 79%
Blue Collar 21%

Family & Education Facts
for Dallas, TX 75229

38.2 Median Age

Average Household Size

2.8
persons per
household

58.9%

Married Households

Community Population By Education

Bachelors Degree 31%
Graduate Degree 23%
Some High School 16%
High School Graduate 14%
Some College 12%
Associates Degree 4%
Of the total people surveyed, the most prevalent educational attainment level is Bachelors Degree, representing 30.8% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
36% of households have children

Weather
for Dallas, TX 75229

The weather for this area ranges from a high of 96° F in August to a low of 34° F in January

96° August
Hottest Average Month
34° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
34°
55°
Feb
38°
60°
Mar
45°
68°
Apr
54°
77°
May
62°
84°
Jun
70°
92°
Jul
74°
96°
Aug
73°
96°
Sep
66°
89°
Oct
55°
79°
Nov
44°
67°
Dec
36°
58°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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