B
Seller's Agent in 2026
Brandon Kahla
Agency Dallas Park Cities, LLC
(979) 541-7937
1 in this area
47 Total Sales
Last list price
531 Summit Dr Richardson, TX 75081
Highland Terrace Neighborhood
4
Beds
3
Baths
2,051
Sq Ft
0.26
Acres Lot
Highlights
- Wood Flooring
- Eat-In Kitchen
- Double Vanity
- 2 Car Attached Garage
- Built-In Features
- 5-minute walk to Memorial Park
About This Home
As of April 2026Charming & 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.
Last Agent to Sell the Property
Agency Dallas Park Cities, LLC License #0748951 Listed on: 12/11/2025
Last Buyer's Agent
Agency Dallas Park Cities, LLC License #0748951 Listed on: 12/11/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,969
Year Built
- Built in 1963
Lot Details
- 11,195 Sq Ft 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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 11, 2025
Closed on
Apr 10, 2026
Sold by
Jason Solorzano
Bought by
Terry Christina
Seller's Agent
Brandon Kahla
Agency Dallas Park Cities, LLC
Buyer's Agent
Brandon Kahla
Agency Dallas Park Cities, LLC
List Price
$475,000
Views
121
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-14.19%
Purchase Details
Listed on
Aug 27, 2021
Closed on
Oct 15, 2021
Sold by
Ovando William and Ovando Hortencia
Bought by
Solorzano Jason J
Seller's Agent
Jeff Sekula
Flat Rate Realty
Buyer's Agent
Lyle Walker
Lyle Walker Real Estate
List Price
$389,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.54%
Original Mortgage
$296,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 21, 2014
Sold by
Lamb Steven and Lamb Ellen
Bought by
Ovando William and Ovando Hortencia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,600
Interest Rate
4.38%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 18, 2007
Sold by
Polozola Bryan Nicholas and Polozola Michelle Lee
Bought by
Lamb Steven and Lamb Ellen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,700
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 28, 2005
Sold by
Davis Robert E
Bought by
Davis Michelle L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,520
Interest Rate
5.93%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Apr 25, 2005
Sold by
Neilsen Christine M and Anthes Robert G
Bought by
Davis Michelle L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,520
Interest Rate
5.93%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Jan 25, 2002
Sold by
Ellis Charles G and Ellis Diana Lyn
Bought by
Neilsen Christine M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,880
Interest Rate
7.15%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 25, 1998
Sold by
Ellis Charles G
Bought by
Ellis Diana Lyn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
6.92%
Purchase Details
Closed on
Oct 29, 1996
Sold by
Mathews Joseph Reec and Mathews Sheryl Lyn
Bought by
Ellis Charles G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,450
Interest Rate
8.15%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Upward Title | |
| Vendors Lien | -- | Lawyers Title | |
| Vendors Lien | -- | None Available | |
| Vendors Lien | -- | Capital Title | |
| Warranty Deed | -- | Rtt | |
| Vendors Lien | -- | Rtt | |
| Vendors Lien | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $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: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/14/2026 04/14/26 | Sold | -- | -- | -- | |
| 03/15/2026 03/15/26 | Pending | -- | -- | -- | |
| 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 |
Source: North Texas Real Estate Information Systems (NTREIS)
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 |
Source: Public Records
Agents Affiliated with this Home
-
Brandon Kahla
-
Jeff Sekula
J
Seller's Agent in 2021
Jeff Sekula
Flat Rate Realty
(469) 734-1176
2 in this area
20 Total Sales
-
L
Buyer's Agent in 2021
Lyle Walker
Lyle Walker Real Estate
Map
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
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