NOT LISTED FOR SALE

402 Summit Dr Richardson, TX 75081

Highland Terrace Neighborhood

Estimated Value: $365,000 - $420,000

3 Beds
2 Baths
1,928 Sq Ft
$203/Sq Ft Est. Value

Highlights

  • Traditional Architecture
  • 1-Story Property
  • Wood Burning Fireplace
  • 2-Car Garage with one garage door

About This Home

As of March 2024

Beautifully Updated 3 bedrooms,2 bath, and 2 Living area house on an oversized lot with tons of extra features in a fabulous neighborhood. The kitchen has granite countertops and stainless steel appliances. The large backyard features a newer fence with a gated driveway. Minutes from Hwy 75 & 635! Pets case to case Basis! showing will start after current tenant move out.

Last Agent to Rent the Property

Azfar Khan

Signature Leasing & Management License #0490438 Listed on: 01/19/2024

Last Renter's Agent

Azfar Khan

Signature Leasing & Management License #0490438 Listed on: 01/19/2024

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1970

Lot Details

  • 10,803 Sq Ft Lot

Parking

  • 2-Car Garage with one garage door
  • 2 Carport Spaces

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,928 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Richland Elementary School
  • Apollo Middle School
  • Berkner High School

Community Details

  • Highland Estates Subdivision

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,295
  • $50 Application Fee
  • Legal Lot and Block 2 / R
  • Assessor Parcel Number 42093500180020000

Home Details

Home Type

Single Family

Year Built

Built in 1970

Lot Details

0

Parking

2

Rental Info

  • Deposit Amount: 2295
  • Pet Deposit: 400
  • Lease Conditions: Application Fee, Credit Report, Prior Residence Info., References Required
  • Lease Type: Yearly, 1 Year Plus
  • Number Of Pets Allowed: 1
  • App Fee Payable To: agent
  • Application Fee: 50

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Structural Style: Single Detached
  • Unit Levels: One
  • Restrictions: No Smoking, No Sublease, No Waterbeds
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Special Features: None

Interior Features

  • Square Footage: 1928.00
  • Fireplace Features: Wood Burning
  • Appliances: Dishwasher, Disposal, Gas Cooktop
  • Basement YN: No
  • Fireplaces: 1
  • Number Of Dining Areas: 2
  • Number Of Living Areas: 2
  • Room Count: 8
  • Appliances: Yes

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Pool: No

Garage/Parking

  • Garage Spaces: 2
  • Carport Spaces: 2
  • Number Of Vehicles: 4
  • Parking Features: Garage Single Door
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Utilities: All Weather Road, City Sewer, City Water

Condo/Co-op/Association

  • Association Type: None
  • Number Of Days Guests Allowed: 7

Schools

  • School District: Richardson ISD
  • Elementary School: Richland
  • Junior High School: Apollo

Lot Info

  • PropertyAttachedYN: No
  • Lot Size Units: Acres
  • Lot Size Area: 0.2480
  • Parcel Number: 42093500180020000
  • Lot Size Acres: 0.2480
  • Lot Size Sq Ft: 10802.8800

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1970

Tax Info

  • TaxBlock: R
  • Tax Lot: 2

MLS Schools

  • Elementary School Name: Richland
  • High School Name: Berkner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2011
Sold by
Horn Walter D and Horn Lee Ann
Bought by
Khan Azfar and Khan Zeerak
Current Estimated Value
$391,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Outstanding Balance
$80,205
Interest Rate
4.13%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$311,381
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Khan Azfar -- Reunion Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khan Azfar $117,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2024 03/01/24 Rented $2,400 +4.6% --
01/19/2024 01/19/24 Off Market $2,295 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,837 $320,000 $150,000 $170,000
2024 $6,837 $320,000 $150,000 $170,000
2023 $6,837 $261,300 $95,000 $166,300
2022 $6,389 $261,300 $95,000 $166,300
2021 $5,547 $211,520 $0 $0
2020 $5,647 $211,520 $65,000 $146,520
2019 $5,743 $205,000 $55,000 $150,000
2018 $5,477 $205,000 $55,000 $150,000
2017 $4,831 $180,940 $40,000 $140,940
2016 $3,627 $135,850 $32,000 $103,850
2015 $2,883 $123,490 $32,000 $91,490
2014 $2,883 $130,000 $32,000 $98,000
Source: Public Records

Agents Affiliated with this Home

  • Azfar Khan

    Landlord's Agent in 2024

    Azfar Khan

    Signature Leasing & Management

    (214) 215-8119

    7 in this area

    89 Total Sales

    Azfar Khan
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20509553

North Texas Real Estate Information Systems (NTREIS)

APN: 42093500180020000

Texas Dallas County Richardson 75081 Highland Terrace

402 Summit Dr, Richardson, TX

Not Listed for Sale

Detached

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