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Richardson, TX Multifamily Home for Sale

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    $785,000

    • 6 Beds
    • 4 Baths
    • 3,440 Sq Ft

    308 Towne House Ln, Richardson, TX 75081

    Updated duplex in central location within minutes of shopping, restaurants, and major highways! Each unit offers 3 beds and 2 full baths with a 4-car carport in a shared driveway at the rear. 308 - huge living space with beamed ceiling and brick fireplace, fully updated kitchen with butcher block countertops and a glass tile backsplash, an abundance of cabinetry, electric cooktop, stainless

    William Nelson Your Home Free LLC

    308 Towne House Ln, Richardson, TX 75081

Why Live in Richardson

Richardson's cultural scene centers around the Eisemann Center for Performing Arts, which hosts the Richardson Symphony Orchestra alongside Broadway shows and concerts. The city's 40 miles of trails connect natural spaces like the Spring Creek Nature Area and Breckinridge Park, where residents enjoy hiking, bird watching, and lakeside picnics. The semi-annual Cottonwood Art Festival transforms Cottonwood Park into an outdoor gallery, while the Wildflower! Arts & Music Festival brings live performances to Galatyn Urban Park each spring.

The housing market in Richardson spans multiple price points across distinct neighborhoods. The median sale price for homes sits at $407,000. Canyon Creek features larger single family homes with a median price of $700,000, while Duck Creek provides more affordable options at a median of $439,500. Condos start at a median of $195,000 for one bedroom units and $218,500 for two bedrooms. Townhomes have a median price of $351,500.

Richardson maintains strong public schools, with Plano East Senior High School and six other institutions rated A or above by Niche. The University of Texas at Dallas adds to the educational landscape. The Dallas Area Rapid Transit system serves Richardson with four Red Line stations: Spring Valley, Arapaho Center, Galatyn Park, and CityLine/Bush. Property taxes in Dallas County stand at 1.68%, matching neighboring Dallas and Garland, while Texas residents pay no state income tax. The combined sales tax rate is 8.20%.

The dining scene reflects Richardson's diversity, from steakhouse fare at Jasper's to dim sum at Kirin Court and Ethiopian cuisine at Addis Abeba Restaurant. CityLine DFW has emerged as a popular mixed-use development, complementing established shopping areas along Belt Line Road.

Home Trends in Richardson, TX

Housing Trends

Median Sale Price
$474,900
Median Single Family Sale Price
$484,944
Median Townhouse Sale Price
$355,450
Median 2 Bedroom Sale Price
$189,950
Median 1 Bedroom Sale Price
$163,700
Average Price Per Sq Ft
$240
Number of Homes for Sale
228
Last 12 months Home Sales
948
Months of Supply
2.90
Median List Price
$480,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
4%
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