Parker Real Estate Information

A small but rather rapidly expanding community in one of the fastest-growing areas in the country, Parker, Texas, is located on just over five square miles in Collin County. The county is home to some of the nation's fastest growing cities, and Parker is no exception. Since the 2000 census, when the population was measured at around 1,300, to a 2007 estimate, the population had risen by nearly 50 percent, to more than 2,000. Parker is one of the most wealthy communities in Collin County and as such its real estate tends to be quite coveted and keeps its value well. The estimated median household income at the time of the 2000 census was more than $101,000; by 2007, it had risen to nearly $115,000, immensely higher than the state's average.

Because of the exclusivity in the affluent community, properties in Parker tend to be seen as good investments. The estimated average value for a home or condo was $240,000 at the 2000 census, and by 2007, it was measured to have risen to more than $312,000. The community's average age is a bit higher than most communities. Texas's average is 32.3, and Parker's median age is 40.8, meaning the community is full of more established families.

Most of the Parker are is zoned to the Plano Independent School District, including Plano East Senior High School, though some areas are also assigned to the Allen Independent School District, including Allen High School. Parker is just 25 miles north of Dallas, making it a desirable location for those who must make the daily commute into the city. It is just east of Oak Point Park and Nature Preserve and north of Los Rios Country Club and Pecan Hollow Golf Course. It is also best known as the home to the well-known Southfork Ranch from the "Dallas" TV series. Parker has its own police and fire departments, and the nearest hospital is just six miles away in Allen.