New construction~$1.27M–$2.1M
Parker, TX 75002 · 75094 · Collin County
Parker, TX Homes for Sale & Estate Homes
Parker is a small Collin County city of acre-plus lots, custom homes, and Southfork Ranch, set between Plano, Allen, Murphy, and Lucas. Prices held flat over the past year at about $1.25 million, and homes sit about two months, which gives buyers room to negotiate.
$1.25MMedian sale priceFlat YoY, Aug 2026
6,462ResidentsCensus estimate, 2025
64 daysDays on marketAbout 96.5% of list price
1.57%Tax rateCity + Plano ISD, 2026
Sources: Redfin (Aug 2026), Census, City of Parker, Plano ISD, Collin County. Market data changes monthly.
Live MLS listings · updated daily
Parker homes for sale right now
Every active Parker listing from the MLS. Narrow by price, jump to new construction or a neighborhood, or open the full search for beds, baths, pools, and more.
All Parker homes
New construction
Under $950K
$950K–$1.5M
$1.5M–$2.5M
Luxury $2.5M+
Kings Crossing
Whitestone Estates
Parker Ranch
Parker Ranch Estates
Listing data from NTREIS via IDX Broker. Ask PJ about coming-soon and off-market homes in Parker. Mailing addresses do not always match city limits, so PJ confirms city, school district, and tax rate on any home.
Free Parker buyer consultation
Real clients, real closings800+ Collin County buyers helped.
Find the right Parker home and the right loan
Parker purchases usually combine a large price, a jumbo loan, and a school-zoning question. A short call covers your budget, the districts that fit, and which builders or resales are worth touring first.
- Jumbo pre-approval with options from 280+ wholesale lenders
- School zoning check for Plano, Allen, or Wylie ISD by address
- Builder incentive review across Shaddock, Grand Homes, and Gallery
- Tax estimate using 2026 rates and your homestead exemption
- Land and lot review for drainage, septic, and easements on acreage
Parker, Texas real estate
Why buyers choose Parker, TX
Parker covers about 8.5 square miles in southern Collin County, roughly 26 miles northeast of Dallas. It borders Plano to the west, Allen to the north, Murphy to the south, Wylie to the southeast, and Lucas to the northeast. About 6,500 people live here.
Parker is almost entirely residential. Lots of an acre or more, custom builds, and newer estate subdivisions define it, with very little retail inside city limits. Southfork Ranch, the setting for the TV series Dallas, still runs mansion tours and large events. Shopping, dining, and jobs are a short drive away in Plano, Allen, and Murphy.
The median household income is about $229,000, and 63% of adults hold a bachelor's degree. Nearly 99% of homes are owner-occupied. Most of the city is in Plano ISD, with a smaller northern part in Allen ISD, so zoning varies by street.
6,462Residents, up from 1,379 in 2000
6,462Residents today (2025 estimate)
8.52 sq miLand area
$229,080Median household income
98.9%Owner-occupied homes
Location
Southern Collin County, about 26 miles northeast of Dallas. Parker sits between east Plano, south Allen, Murphy, Wylie, and Lucas, so retail, hospitals, and highways are close while the city itself stays quiet and low-density.
Jobs
Parker has little commercial land, and about 75% of city revenue comes from property tax. Most residents commute to job centers in Plano, Richardson, Allen, and Dallas. The average commute is about 27 minutes.
What's next
Builders are still selling in Kings Crossing, Whitestone Estates, and Parker Ranch. The city has flagged water towers, lift stations, and a new public works facility as upcoming capital needs.
Acreage living
Room to spread out, minutes from Plano
Parker offers what is hard to find this close to Plano: acre-plus homesites, custom and semi-custom homes, and quiet streets. Shopping and jobs in Plano and Allen stay within a short drive.
Acre-plus lotsCustom buildsPlano & Allen ISDSouthfork Ranch
Parker housing market · fall 2026
Is now a good time to buy a home in Parker?
Parker favors patient buyers right now. The median sale price was about $1.25 million in August 2026, essentially unchanged from a year earlier. Homes took a median 64 days to sell and closed at about 96.5% of list price, with none selling above list. Builder inventory is deep, so buyers can negotiate price, rate buydowns, or upgrades.
$1.25MMedian sale price, Aug 2026 (flat YoY)
64Median days on market (69 a year ago)
29Homes sold in Aug 2026 (up from 21)
96.5%Sale-to-list price ratio
0%Homes sold above list price
$252Median price per sq ft (up 2.0% YoY)
43Redfin Compete Score (somewhat competitive)
$859,600Census median owner-occupied value (2020–2024)
Sources: Redfin Parker housing market (data through Aug 2026), U.S. Census QuickFacts (ACS 2020–2024). Portal figures may include some addresses outside city limits.
Neighborhood guide
Best neighborhoods in Parker, TX
Parker's subdivisions range from older acre-lot streets to new estate sections from Shaddock, Grand Homes, and Gallery Custom Homes. School district varies within the city.
New construction
New construction~$1.24M–$1.75M
Acre-plus lots~$1.2M–$1.7M
Estate resale~$1.5M–$1.7M
Entry point~$890K–$950K
Build-ready land~$595K–$650K lots
Custom lots~$400K–$460K lots
Established~$1.27M–$1.33M
Newer estates~$1.65M
New construction~$1.31M–$1.6M
Edge of town~$1.2M–$1.35M
Near Murphy~$1.0M–$1.24M
Older acreage~$850K–$1.2M
Free comparison
Not sure which neighborhood fits?
Get a side-by-side of prices, school zoning, taxes, and HOA or PID costs for the Parker neighborhoods in your budget.
Get my comparisonPhotos are representative, not the specific neighborhood. Prices are recent list prices from Homes.com active and sold pages and builder price sheets (Shaddock Homes, Gallery Custom Homes), Oct 2026. Some areas are named by street because the MLS subdivision name was not confirmed. Verify school zoning by address.
Lifestyle
Quiet streets with Plano next door
Daily life in Parker is low-key: big lots, little traffic, and no strip centers. Southfork Ranch hosts tours and events, and Plano, Allen, and Murphy cover shopping, dining, and medical care.
Southfork RanchBig lotsLow trafficNear Plano
Property taxes
Parker property tax rate explained
Parker's 2026 total rate is about 1.57% in Plano ISD and about 1.64% in Allen ISD. The city cut its own rate by one cent in September 2026. On a $1.25 million home, that is roughly $19,600 a year before exemptions.
Plano ISD (proposed) 1.0328
City of Parker 0.3004
Collin County 0.151
Collin College 0.0812
| Taxing entity (2026) | Rate per $100 |
|---|---|
| Plano ISD (proposed) | 1.03275 |
| City of Parker | 0.300439 |
| Collin County | 0.151 |
| Collin College | 0.08122 |
| Total, Plano ISD | ≈ 1.57% |
| Total with Allen ISD (1.1037) | ≈ 1.64% |
Sources: City of Parker Ord. 922 (Sept 1, 2026), Plano ISD proposed rate (July 2026), Allen ISD (Aug 24, 2026), Collin County (Sept 14, 2026, rounded), Collin College (Aug 25, 2026). Wylie ISD areas not shown.
Exemptions and special districts
- Homestead: Texas now exempts $140,000 of a homestead's value from school taxes. File with the Collin Central Appraisal District, generally by May 1.
- Over 65 or disabled: An extra $60,000 school exemption applies, and school taxes are capped at the level of the year you qualify.
- Buying mid-year: If the seller did not claim a homestead that year, you may get the exemption for the rest of the year. Ask the appraisal district after closing.
How to win the right Parker home in this market
Parker rewards preparation more than speed. Most purchases need a jumbo loan, school zoning varies by street, and builders have room to deal.
- Get jumbo-ready firstAt a $1.25M median, most Parker homes need a jumbo loan. Line up reserves and documentation before touring.
- Confirm the school districtPlano, Allen, and Wylie ISD all serve parts of Parker. Check zoning by address, not by subdivision name.
- Compare builder incentivesShaddock, Grand Homes, and Gallery all have inventory. Ask for rate buydowns or closing costs, not just price cuts.
- Inspect the land, not just the houseOn acre lots, check drainage, septic or sewer, fencing, and any easements before the option period ends.
- Use days on marketWith a 64-day median and no homes over list, offers below asking are reasonable on listings that have sat.
Estimate your Parker payment
$0/ month
- Principal + interest (30-yr)
- $0
- Property tax
- $0
- Homeowners insurance (est.)
- $0
- HOA + PID
- $0
Estimate only, not a loan offer. Uses the 2026 Parker plus Plano ISD rate (1.57%) before exemptions. Insurance assumes 0.6% of price per year; mortgage insurance isn't included. Rates change daily.
Schools, commute, and lifestyle
Living in Parker, TX: what to know
Southfork Ranch
The ranch from the TV series Dallas, on Hogge Road, offers Ewing Mansion tours, the Dallas Legends exhibit, trail rides, and weddings and events.
Space and privacy
Many Parker homesites run one to three acres. That leaves room for pools, shops, sport courts, and distance from neighbors that standard Plano lots cannot match.
Shopping and dining
Parker has almost no retail of its own. Groceries, restaurants, and big-box stores are a few minutes away in east Plano, Allen, and Murphy.
Plano ISD
Serves most of Parker. The district uses separate senior high schools for grades 11 and 12, and Plano East Senior High is an IB World School. Check current TEA ratings on TXschools.gov.
Allen ISD and Wylie ISD
Allen ISD serves part of north Parker, including Parker Ranch and Parker Lake Estates, and adopted its lowest tax rate since 1993 in 2026. Some east-side lots are in Wylie ISD.
Water and utilities
The city buys treated water from the North Texas Municipal Water District. On older acre lots, confirm whether the home uses septic or city sewer before you buy.
2025
Texas voters raised the school homestead exemption from $100,000 to $140,000 in November.
2026
Allen ISD adopted a $1.1037 rate on Aug. 24, its lowest since 1993.
2026
Parker City Council cut the city rate one cent to $0.300439 on Sept. 1.
2026
Collin County raised its rate on Sept. 14 for the first time since 1993.
Getting around
Parker is reached mostly by farm-to-market roads such as Parker Road and FM 2551, which connect to US 75 in Plano and the George Bush Turnpike via Murphy. Drive times are estimates and vary with traffic.
- Downtown Plano ~15 min off-peak
- Legacy West, Plano ~25 min off-peak
- Downtown Dallas ~30–40 min off-peak
- DFW Airport ~40–45 min off-peak
An honest look
Pros and cons of living in Parker
Pros
- Acre-plus lots close to Plano and Allen
- Plano ISD and Allen ISD options
- Flat prices and real negotiating room
- New estate homes from several builders
- Quiet, low-density, almost all owner-occupied
- City rate cut one cent for 2026
Cons
- Median price near $1.25 million
- Most purchases require a jumbo loan
- Very little shopping or dining in town
- School district varies street by street
- Tax bills near $19,600 at median price
- Homes can take two months to sell
Your Parker real estate agent
One expert for the home and the loan
PJ Zaji is a Texas REALTOR® (Lic# 631862-SA) with Monument Realty and a mortgage loan originator with NEXA Mortgage (NMLS #2280005). In Parker, most buyers need jumbo financing and are comparing builder incentives against resales. PJ handles both the search and the loan, and shops more than 280 wholesale lenders for jumbo terms.
- Jumbo loan options from 280+ wholesale lenders
- Builder incentive and resale comparisons in one plan
- School zoning and tax checks by address
FAQ
Parker, TX real estate: common questions
Still have a question?
Text PJ at 469-817-6060 for a straight answer on any Parker home, neighborhood, or loan question.
Call or text PJWhat is the median home price in Parker, TX?
Redfin reported a median sale price of about $1,250,000 in August 2026, essentially flat from a year earlier. Price per square foot was about $252. Portal figures can include nearby addresses outside city limits, so compare individual sales.
Is Parker, TX a good place to live?
It fits buyers who want space near Plano. Lots are often an acre or more, almost every home is owner-occupied, and traffic is light. The trade-offs are high prices, few shops in town, and short drives for errands.
What school districts serve Parker?
Most of Parker is in Plano ISD. Part of north Parker, including Parker Ranch and Parker Lake Estates, is in Allen ISD, and some east-side lots are in Wylie ISD. Confirm zoning by address with the district before you make an offer.
What is the property tax rate in Parker?
For 2026, the total is about 1.57% in Plano ISD and about 1.64% in Allen ISD. That includes the city at $0.300439, Collin County at about $0.151, and Collin College at $0.08122 per $100.
Does Parker have MUD or PID taxes?
No MUD or PID turned up for Parker's main subdivisions in public sources reviewed for this page. Some new sections have HOAs, such as Parker Ranch at $1,200 a year. Check the seller's disclosure and title commitment for any special district.
How long is the commute from Parker to Dallas?
Downtown Dallas is roughly 30 to 40 minutes off-peak, usually by US 75 or the George Bush Turnpike. The average commute for Parker residents is about 27 minutes, since many work in Plano and Richardson.
Is there new construction in Parker?
Yes. Shaddock Homes and Grand Homes are building in Kings Crossing and Whitestone Estates from about $1.24 million. Gallery Custom Homes builds in Parker Ranch on 1 to 3 acre homesites from about $1.2 million.
Is it a buyer's or seller's market in Parker?
It leans toward buyers. In August 2026 homes took a median 64 days to sell, closed at about 96.5% of list, and none sold above asking. Builder inventory adds more choices and incentives.
Do I need a jumbo loan to buy in Parker?
Usually. With a median near $1.25 million, most purchases exceed the conforming loan limit. Jumbo terms vary widely by lender, so shopping several lenders on rate, reserves, and down payment matters.
Can I buy land and build in Parker?
Yes. Recent listings include two-acre-plus lots in Kingswood Estates around $595,000 to $650,000 and homesites in Reserve at Southridge around $400,000 to $460,000. Budget for utilities, septic, and builder costs.
What is Parker known for?
Southfork Ranch, the setting for the TV series Dallas, is in Parker and still runs tours and events. The city was incorporated in 1969 and is known for large lots and custom homes.
Keep exploring
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