531 Summit Dr Richardson, TX 75081
Highland Terrace NeighborhoodEstimated payment $3,268/month
Highlights
- Wood Flooring
- Eat-In Kitchen
- Double Vanity
- 2 Car Attached Garage
- Built-In Features
- 5-minute walk to Memorial Park
About This Home
Charming & comfortable home on large corner lot. Very desirable drive-up & enhanced by large mature trees. Nicely updated kitchen featuring granite countertops & stainless steel appliances. Beautiful wood floors throughout & multiple spacious sitting areas. House hacking is POSSIBLE with this home! One bed, one bath ADU with living area, functional kitchen, and private entrance. This could be rented to a college student or have a family member live with you while they feel like they are on their own. Rare opportunity in highly desirable Richardson neighborhood right down the street from Woodhaven Grove Park. The owner has rented the home out through AirBnB on a number of occasions with ease, making this a great option for multiple strategies.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,969
Year Built
- Built in 1963
Lot Details
- 0.26 Acre Lot
- Wood Fence
- Back Yard
Parking
- 2 Car Attached Garage
- Additional Parking
Home Design
- Composition Roof
Interior Spaces
- 2,051 Sq Ft Home
- 1.5-Story Property
- Built-In Features
Kitchen
- Eat-In Kitchen
- Gas Oven
- Built-In Gas Range
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- 3 Full Bathrooms
- Double Vanity
Laundry
- Laundry in Garage
- Dryer
- Washer
Schools
- Richardson Terrace Elementary School
- Lake Highlands Middle School
- Berkner High School
Utilities
- High Speed Internet
- Cable TV Available
Community Details
- Highland Estates Subdivision
Listing and Financial Details
- Legal Lot and Block 12 / O
- Assessor Parcel Number 42093500150120000
Map
Home Values in the Area
Average Home Value in this Area
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 | $8,969 | $411,330 | $150,000 | $261,330 |
| 2024 | $8,969 | $411,330 | $150,000 | $261,330 |
| 2023 | $8,969 | $386,210 | $95,000 | $291,210 |
| 2022 | $9,444 | $386,210 | $95,000 | $291,210 |
| 2021 | $8,403 | $320,400 | $65,000 | $255,400 |
| 2020 | $8,554 | $320,400 | $65,000 | $255,400 |
| 2019 | $8,489 | $302,990 | $55,000 | $247,990 |
| 2018 | $8,096 | $302,990 | $55,000 | $247,990 |
| 2017 | $6,878 | $257,610 | $40,000 | $217,610 |
| 2016 | $5,517 | $206,630 | $32,000 | $174,630 |
| 2015 | $3,391 | $162,140 | $32,000 | $130,140 |
| 2014 | $3,391 | $151,430 | $32,000 | $119,430 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/11/2025 12/11/25 | For Sale | $475,000 | +22.1% | $232 / Sq Ft | |
| 10/15/2021 10/15/21 | Sold | -- | -- | -- | View Prior Sale |
| 08/27/2021 08/27/21 | For Sale | $389,000 | -- | $199 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Vendors Lien | -- | Lawyers Title | |
| Vendors Lien | -- | None Available | |
| Vendors Lien | -- | Capital Title | |
| Warranty Deed | -- | Rtt | |
| Vendors Lien | -- | Rtt | |
| Vendors Lien | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $296,000 | New Conventional | |
| Previous Owner | $121,600 | New Conventional | |
| Previous Owner | $154,700 | Purchase Money Mortgage | |
| Previous Owner | $103,520 | Fannie Mae Freddie Mac | |
| Previous Owner | $123,880 | FHA | |
| Previous Owner | $86,000 | No Value Available | |
| Previous Owner | $86,450 | No Value Available | |
| Closed | $25,880 | No Value Available |
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 21130851
APN: 42093500150120000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved
- 529 Summit Dr
- Brighton Plan at Park Hollow
- Haven Plan at Park Hollow
- Ashton Plan at Park Hollow
- 845 Rohan Dr
- 828 Rohan Dr
- 526 Pittman St
- 605 E Spring Valley Rd
- 25 Park Place
- 19 Park Place
- 468 Pittman St
- 310 S Grove Rd
- 531 Towne House Ln
- 527 Towne House Ln
- 525 Towne House Ln
- 307 S Grove Rd
- 513 Towne House Ln
- 446 Highland Blvd
- 439 Pittman St
- 501 Towne House Ln
- 844 Dartford Dr
- 868 Dartford Dr
- 535 E Buckingham Rd
- 424 Maple St
- 530 Buckingham Rd
- 540 Buckingham Rd
- 813 Woodway Ln
- 501 Towne House Ln
- 411 Buckingham Rd
- 312 Towne House Ln
- 308 Towne House Ln
- 327 Pittman St Unit A
- 428 Park Bend Dr
- 900 Frances Way
- 530 E Tyler St Unit ID1019482P
- 513 E Tyler St
- 101 N Bowser Rd Unit 1
- 225 E Spring Valley Rd
- 201 Brick Row Dr
- 546 Alexandra Ave