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$750,000
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Property Description
Stunningly Renovated Dream Home on 2 acres in Desirable Parker, TX with no HOA! This is a meticulously updated 4-bedroom, 3-bathroom home that has the peacefulness of living on acreage and just minutes from shopping, dining, and amenities. Oversized 2 car detached Garage with power - ready for a sizeable workshop or extra storage! Garage doors open to the front and back for convenience. Major system upgrades include: Cast iron plumbing has been replaced with modern new PVC plumbing, new electrical panel and upgraded wiring to code, new roof and new water heater. This move in ready home offers the perfect blend of modern luxury and country charm, with over $225,000 in upgrades. Step inside to discover raised living room ceilings, gorgeous new flooring throughout, and a new Designer kitchen featuring leathered quartzite countertops, a built-in appliance garage, beverage fridge, and stylish finishes. Designed for both daily living and entertaining, the home boasts a new entertainer's pantry with sink, a stunning mudroom, and a newly added third bathroom. This move-in ready home combines thoughtful design and top-quality finishes to deliver comfort, style, and functionality. Don't miss this opportunity to own a fully upgraded home in the desirable Parker area.
Full Property Details
Full Property Details for 5109 Old Gate Ln
General
- Price: $750,000
- Taxes: $6,789
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 20968595
- Updated: 1/2/2026
- Added to Site: 218 day(s) ago
Interior
- Interior Features: Built-in Features, Dry Bar, Decorative/Designer Lighting Fixtures, Double Vanity, Eat-in Kitchen, Granite Counters, High Speed Internet, In-Law Floorplan, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room, Wood Burning
- Appliances: Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Disposal, Vented Exhaust Fan, Wine Cooler
- Flooring: Carpet, Engineered Hardwood, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Washer Hookup, Electric Dryer Hookup, Laundry in Utility Room
Additional Information
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Private Yard
- Porch/Patio/Deck: Covered
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Additional Parking, Circular Driveway, Door-Multi, Driveway, Garage Faces Front, Garage, Garage Door Opener, Oversized
Location
- County: Collin
- Subdivision: Cotton Wood Acres North
- Driving Directions: Exit Parker Road off US-75 go east. Turn left at Donna Lane Turn right at Old Gate Lane. From north: south on US-75 Exit 33 Bethany Dr. go east. Turn right onto S Allen Heights Dr. Turn left at Pecan Orchard Dr. Turn right at Hackberry Lane, turn right at Donna Lane. Left at Old Gate Lane
School Information
- Elem School District: Plano ISD
- Midd School District: Plano ISD
- High School District: Plano ISD
- Elementary School: Hickey
- Middle School: Bowman
- High School: Williams
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Heat Pump
- Heating Type: Central, Electric, Heat Pump
Utilities
- Sewer: Aerobic Septic, Public Sewer
- Water: Public
- Utility Description: Sewer Available, Septic Available, Water Available
Structural Information
- Property Detached: Yes
- Architectural Style: Detached
- Structure Type: House
- Detached/Attached: Detached
- Construction: Brick
- Roof: Composition
- Stories/Levels: 1
- Living Area: 2,614 Sq. Ft.
- Year Built: 1971
Lot Features
- Lot Size (Acres): 2.012
- Lot Size (Sq. Ft.): 87,642.72
- Lot Features: Acreage
- Fencing (Description): Back Yard, Wood, Wire
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $6,789
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: COTTON WOOD ACRES NORTH (CPK), LOT 10
- Exclusions: Refrigerator
- Disclosures/Rstr.: Familial Relation
- Property ID: R012800001001
- Lot Number: 10
Listed by Keller Williams Realty Allen, Lizi Brown
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Schools
Schools serving 5109 Old Gate Ln
School District:Plano Independent School District
| Name | Grades | Distance |
|---|---|---|
Hickey Elementary School 4100 Coldwater Creek Lane, Plano, TX 75074 | K-5 | 1.1 mi |
Bowman Middle School 2501 Jupiter Road, Plano, TX 75074 | 6-8 | 3.5 mi |
Plano East Sr High School 3000 Los Rios Boulevard, Plano, TX 75074 | 11-12 | 1.7 mi |
Williams High School 1717 17th Street, Plano, TX 75074 | 9-10 | 4.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5109 Old Gate Ln
Date
Details
Price
Change
Source
1/02/2026
Price Reduced
$750,000
-3.23%
MLS
12/26/2025
Price Reduced
$775,000
-2.52%
MLS
6/13/2025
Listed
$795,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5109 Old Gate Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,629
-1%
$548,312
-2%
2023
$2,653
-40%
$560,574
4%
2022
$4,410
—
$538,131
28%
2022
$4,410
—
$419,730
22%
2021
$4,405
—
$344,002
—
2020
$4,410
-32%
$345,511
4%
2019
$6,492
4%
$331,283
10%
2018
$6,225
9%
$301,166
10%
2017
$5,687
9%
$273,787
10%
2016
$5,213
10%
$248,897
10%
2015
$4,745
9%
$226,270
10%
2014
$4,352
9%
$205,700
10%
2013
$3,985
—
$187,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5109 Old Gate Ln
5109 Old Gate Lane, Parker, TX 75002 (MLS# 20968595) is a Single Family property with 4 bedrooms and 3 full bathrooms. 5109 Old Gate Lane is currently listed for $750,000 and was received on June 13, 2025. Want to learn more about 5109 Old Gate Lane? Do you have questions about finding other Single Family real estate for sale in Parker? You can browse all Parker real estate or contact a Coldwell Banker agent to request more information.

