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Parker, Texas

Parker Lake Estates

A Parker neighborhood of large early 2000s homes where 35 closed sales from 2023 to 2026 had a $987,500 median.

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Overview

Inside Parker Lake Estates

Parker Lake Estates is an established Parker neighborhood whose recorded sales show homes built from 2000 to 2006, three quarters of them 4,000 square feet or larger. Across 35 closed sales from November 2023 to October 2026 the median price was $987,500, and two homes on Ridgemore Drive were listed at $890,000 and $995,000 in October 2026. It suits buyers who want a big single-story or two-story home, often with a pool and three-car garage, under the price of the newer acreage communities nearby.

For sellers, the lesson is that buyers here compare you against brand-new homes a few minutes away. The updates that pay back in a 20 year old house are the ones a buyer would otherwise have to schedule right away: roof, HVAC, water heaters and a dated kitchen. Cosmetic work rarely returns its cost, so I help sellers spend only where the next buyer's inspector and appraiser will notice.

At a glance

The facts

$987,500[1]
Median closed sale
35 sales, Nov 2023 to Oct 2026
2000 to 2006[1]
Years built
observed in recorded sales
3,230 to 7,876 sq ft[1]
Home sizes sold
$800 to $925 per year[1]
HOA
historical sales, verify current dues
Allen ISD[1]
School district
Chandler Elementary, Ford Middle, Allen High; verify by address
$890,000 and $995,000[1]
Active listings
Ridgemore Dr, Oct 2026
Amenities

Large homes with three-car or larger garages, Private pools and outdoor kitchens in many homes, Some properties with guest quarters or attached apartments

Location

Parker Lake Estates is in Parker (ZIP 75002), Collin County, with sales recorded in the Parker Lake Estates Phase 2 subdivision. Confirm exact boundaries on the plat.

Taxes, MUD and PID

Parker homes in Allen ISD carry the Allen ISD school rate plus city and county rates. I verify the taxing units and exemptions for each address with the Collin Central Appraisal District.

On the map

Where Parker Lake Estates sits

Drive times, schools and shopping around it. Ask me for a tour of the area.

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Albert Angarita, REALTOR
Reviews

See what clients say.

Read reviews from buyers, sellers and renters on Google, then ask me anything. I answer the same day, in English or Spanish.

FAQ

About Parker Lake Estates

How much are homes in Parker Lake Estates?
The median of 35 closed sales from November 2023 to October 2026 was $987,500. In October 2026 two Ridgemore Drive homes were listed at $890,000 and $995,000. Compare price per square foot only against homes of similar age and update level.
What school district is Parker Lake Estates in?
Historical sales report Allen ISD, with Chandler Elementary, Ford Middle and Allen High. Confirm current zoning for the exact address with the district.
What are HOA dues in Parker Lake Estates?
Historical sales reported $800 and $925 per year. Request the resale certificate to see current dues, transfer fees and any special assessments.
Talk to Albert

Looking in Parker Lake Estates?

I track new listings, resale history and builder incentives here. Tell me what you need and I'll send what fits.

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Also in Parker
Sources
  1. Parker Lake Estates neighborhood guide, Dustin Pitts REALTOR
  2. Best Neighborhoods in Parker TX, Dustin Pitts REALTOR

HOA dues, MUD and PID assessments and school zoning change by section. Albert verifies them for every address.

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