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    Equestrian Estate in Parker, Texas Title is generated by Realmo AI

    4023 Anns Lane, Parker, TX 75002

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    Claim this Listing
    For Sale
    $4,295,000

    French,Traditional, Farm/Ranch - Parker, TX

    Type:Farm
    Property size:
    6,476 SF
    Lot size:
    15.17 Acres
    Price / SF:
    $663/SF
    Added:
    Mar 30, 2026
    Days on Market:
    55
    Last Refresh:
    May 23 at 3:06 pm

    Property Features for 4023 Anns Lane

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Bedrooms
    6
    Bathrooms
    7
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Parking features
    Driveway, Garage, Gated, Oversized, Porte-Cochere
    Patio and Porch features
    Patio, Porch
    Interior features
    Built-in Features, Cable Tv Available, Chandelier, Decorative Lighting, Double Vanity, Eat-in Kitchen, Flat Screen Wiring, High Speed Internet Available, Kitchen Island, Multiple Staircases, Natural Woodwork, Pantry, Walk-in Closet(s), Wet Bar, Second Primary Bedroom
    Exterior features
    Balcony, Covered Patio/Porch, Fire Pit, Rain Gutters, Lighting, Outdoor Living Center, Private Entrance, Private Yard, Rv Hookup, Rv/Boat Parking, Stable/Barn, Storage, Fence
    Fencing
    Fenced
    Fireplace
    1
    Appliances
    Cooktop, Cooktop - Gas, Dishwasher, Dryer, Garbage Disposer, Ice Maker, Microwave, Oven - Double, Range, Range - Gas, Refrigerator, Refrigerator - Built-in, Trash Compactor, Washer, Water - Purifier
    Standard status
    Active
    APN
    R682500002401
    Size
    6,476 SF
    Lot size
    15.17 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Central, Fireplace(s), Natural Gas
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1998
    Flooring type
    Tile, Wood
    Building materials
    Brick, Stone
    Roof type
    Composition
    Architectural style
    French
    Additional Structures
    Barn(s), RV/Boat Storage, Stable(s), Storage

    We can help!

    Listing Contact
    Lindsey Jensen

    Listing agent Lindsey Jensen License #0718747

    Listing office The Ashton Agency 105 Nursery Ln, Ste. 120, Fort Worth, TX

    Listing date Mar 30, 2026

    MLS# 21194187 Listing URL

    Copyright © 2026 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.

    HighLights

    • Premier equestrian estate on 15± acres in Parker, TX, offering refined country living near Dallas.
    • 6,400± sq ft renovated main house featuring 6 bedrooms, 6.5 baths, custom details, antique Texas Oak floors, and reclaimed doors/windows.
    • Custom four‑stall barn by American Stalls with quartzite walls, Dutch doors, paddocks, slate stone tack room, and kitchenette.
    • Detached polo room featuring antique pine walls, a 1900s soda shop bar, fireplace, projector system, and office overlooking the pasture.
    • Chef's kitchen with marble finishes, custom antique island, Viking appliances, dual Bosch dishwashers, Miele coffee maker, and GE Monogram refrigeration.
    • Prime location 30 minutes from Dallas and DFW Airport with quick access to amenities; currently Ag Exempt.

    Overview

    This equestrian estate is located in Parker, Texas, and offers a blend of country living and luxury on approximately 15 acres. The property is positioned as both a lifestyle estate and a long-term land investment within a growth corridor of North Texas. The main house, spanning approximately 6,400 square feet, includes six bedrooms and six and a half bathrooms. It has been renovated with custom details, featuring antique Texas Oak floors, reclaimed doors and windows, and architectural details. The home includes two living areas and a covered outdoor living space. The chef’s kitchen is equipped with marble finishes, a custom antique island, Viking appliances, dual Bosch dishwashers, a Miele coffee maker, and GE Monogram refrigeration. The dining room features antique lighting and a custom metal ceiling. Each bedroom includes an ensuite bath, custom vanities, and French doors opening to porches or balconies. The detached polo room features antique pine walls, an early 1900s soda shop bar, a wood-burning fireplace, a projector system, and an office overlooking the pasture. The custom four-stall barn by American Stalls features chiseled quartzite walls, Dutch doors, paddocks, a slate stone tack room, a kitchenette, and reclaimed Anns Lane fence posts used as saddle racks. The grounds include four individual turnouts and a plumbed main pasture, along with premium vinyl-wrapped solid wood fencing, 360-degree predator fencing, and T-post pasture fencing. The property is located 30 minutes from Dallas and DFW Airport, with access to shopping, restaurants, parks, and riding trails. It is currently Ag Exempt.
    Property Profile Location Intelligence

    Current Use by Public Records

    Horse & equestrian properties

    Map

    City
    Parker
    County
    Collin
    State
    Texas
    Longitude
    -96.6341
    Latitude
    33.0968

    FAQs

    What type of property is this?
    Horse & equestrian property - Premier equestrian property on 15 acres near Dallas.
    Where is this horse & equestrian property located?
    The property is located at 4023 Anns Lane Parker, TX.
    What is the asking price?
    The asking price for this property is $4,295,000.
    What are key features of this property?
    This property features: Premier equestrian estate on 15± acres in Parker, TX, offering refined country living near Dallas.; **6,400± sq ft renovated main house featuring 6 bedrooms, 6.5 baths, custom details, antique Texas Oak floors, and reclaimed doors/windows.**; **Custom four‑stall barn by American Stalls with quartzite walls, Dutch doors, paddocks, slate stone tack room, and kitchenette.**
    (817) 266-1009
    We can help!
    Listing Contact
    Lindsey Jensen
    Real Estate License ID: 0718747
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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